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Hormel Foods Corporation (HRL)
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Hormel Foods Corporation (HRL) Operating Margin: 5.75%

Is Hormel Foods Corporation’s operating margin high or low?

Hormel Foods Corporation's operating margin of 5.75% is 38% below its 5-year average of 9.27%, near the low end of its 5-year range (5.94%–11.45%).

The operating margin for Hormel Foods Corporation (HRL) is 5.75% as of Wednesday, June 10, 2026. It is below its 12-month average by 22.82% (7.45%).

HRL Operating Margin Chart

HRL Operating Margin
5.94%-33.71% 1Y
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HRL Average Operating Margin Chart

HRL Current vs Average Operating Margin Chart

HRL Operating Margin Metrics

OPERATING MARGIN

5.75%

OPERATING MARGIN AVG TTM

7.45%

OPERATING MARGIN AVG 3Y

8.57%

OPERATING MARGIN AVG 5Y

9.27%

OPERATING MARGIN AVG 10Y

10.90%

OPERATING MARGIN AVG 15Y

10.42%

OPERATING MARGIN AVG 20Y

9.82%

CURRENT VS TTM AVG

-22.82%

CURRENT VS 3Y AVG

-32.93%

CURRENT VS 5Y AVG

-37.95%

CURRENT VS 10Y AVG

-47.25%

CURRENT VS 15Y AVG

-44.83%

CURRENT VS 20Y AVG

-41.42%

HRL Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Hormel Foods Corporation (HRL)5.75%7.45%8.57%9.27%
McCormick & Company, Incorporated (MKC)$13.25B15.51%15.87%14.94%15.62%
The J. M. Smucker Company (SJM)$12.45B3.98%-1.87%3.52%7.37%
The Clorox Company (CLX)$12.08B15.68%13.38%12.00%13.91%
General Mills, Inc. (GIS)$18.02B19.07%17.12%17.41%17.29%
Celsius Holdings, Inc. (CELH)$7.43B10.40%15.06%6.55%5.16%
Conagra Brands, Inc. (CAG)$6.37B12.28%9.41%9.81%11.37%
Dollar Tree, Inc. (DLTR)$21.29B8.54%8.28%9.04%9.52%
Church & Dwight Co., Inc. (CHD)$23.34B17.30%15.30%14.93%16.93%
Dollar General Corporation (DG)$24.02B5.26%4.69%6.12%6.78%

Operating Efficiency

Gross Margin

15.7%

Operating Margin

5.8%

Hormel Foods Corporation Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Hormel Foods Corporation Operating Margin FAQ

What is the operating margin for Hormel Foods Corporation (HRL)?
The operating margin for HRL stock is 5.75%.
Is Hormel Foods Corporation's operating margin high or low?
Hormel Foods Corporation's operating margin of 5.75% is 38% below its 5-year average of 9.27%, near the low end of its 5-year range (5.94%–11.45%).
What is the TTM average operating margin for Hormel Foods Corporation (HRL)?
The TTM average operating margin for HRL stock is 7.45%.
What is the 3Y average operating margin for Hormel Foods Corporation (HRL)?
The 3Y average operating margin for HRL stock is 8.57%.
What is the 5Y average operating margin for Hormel Foods Corporation (HRL)?
The 5Y average operating margin for HRL stock is 9.27%.
What is the 10Y average operating margin for Hormel Foods Corporation (HRL)?
The 10Y average operating margin for HRL stock is 10.90%.
What is the 15Y average operating margin for Hormel Foods Corporation (HRL)?
The 15Y average operating margin for HRL stock is 10.42%.
What is the 20Y average operating margin for Hormel Foods Corporation (HRL)?
The 20Y average operating margin for HRL stock is 9.82%.

Hormel Foods Corporation Operating Margin History

DATEOPERATING MARGIN
2025-10-265.94%
2024-10-318.96%
2023-10-318.85%
2022-10-3110.54%
2021-10-319.86%
2020-10-3111.45%
2019-10-3112.60%
2018-10-3112.36%
2017-10-3113.93%
2016-10-3113.90%
2015-10-3111.52%
2014-10-3110.00%
2013-10-319.21%
2012-10-319.29%
2011-10-319.40%
2010-10-318.95%
2009-10-318.21%
2008-10-317.65%
2007-10-317.81%
2006-10-317.84%
2005-10-317.87%
2004-10-317.96%
2003-10-317.39%
2002-10-318.14%
2001-10-317.82%
2000-10-317.63%
1999-10-317.17%
1998-10-315.62%
1997-10-315.16%
1996-10-313.92%

About Hormel Foods Corporation

Hormel Foods Corporation is a prominent global food company that specializes in the creation, preparation, and supply of a diverse array of meat, nut, and other culinary items. Its extensive clientele spans retail outlets, institutional food providers (foodservice), specialty delis, and various commercial enterprises across the United States and internationally. The company's operations are strategically structured into four main divisions: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. Hormel's product portfolio is broad, encompassing numerous perishable goods such as fresh meats, frozen food selections, convenient refrigerated meal options, a variety of sausages, hams, guacamole, and bacon. Additionally, it offers a wide range of non-perishable items, including canned luncheon meats, various nut butters, snack nuts, chili, microwave-ready meals, hashes, stews, tortillas, salsas, and tortilla chips. Beyond these offerings, Hormel Foods is also actively involved in the processing, promotion, and distribution of both branded and unbranded products derived from pork, beef, poultry, and turkey. The company further supplies nutritional food items and supplements, dessert and beverage mixes, and industrial-grade gelatin. Its extensive product line is marketed under numerous widely recognized brand names, including SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Wholly, Planters, NUT-rition, Planters Cheez Balls, and Corn Nuts. These products reach consumers through a multi-channel distribution network, utilizing internal sales teams, independent brokers, and various distributors. Founded in 1891 as Geo. A. Hormel & Company, the organization was officially rebranded as Hormel Foods Corporation in January 1995. Its corporate headquarters are located in Austin, Minnesota.

Austin, MN
20,000 employees
Consumer Defensive / Packaged Foods
Sector
Consumer Defensive
Industry
Packaged Foods
CEO
Jeffrey Ettinger