What is Hormel Foods's EBITDA margin?

Latest reported EBITDA margin for Hormel Foods (HRL) is 8.45% as of the trailing twelve months (TTM) ending April 26, 2026.

How has Hormel Foods EBITDA margin changed year-over-year?

Hormel Foods (HRL) EBITDA margin changed −3.2 percentage points year-over-year on the latest annual filing.

When did Hormel Foods EBITDA margin hit its highest annual value?

Hormel Foods EBITDA margin reached its highest annual value of 15.51% in 2017.

What was Hormel Foods EBITDA margin in 2024?

Hormel Foods (HRL) EBITDA margin in 2024 was 11.53%.

What was Hormel Foods EBITDA margin in 2025?

Hormel Foods (HRL) EBITDA margin in 2025 was 8.30%.

Hormel Foods (HRL) EBITDA Margin — Annual & Quarterly %

TTM

8.5%

YoY change

−3.22pp

Trough year (1987)

5.2%

Peak year (2017)

15.5%

EBITDA Margin history chart for Hormel Foods (HRL) from 1985 to 2025

Latest: 8.3%

EBITDA Margin change chart for Hormel Foods (HRL) from 1985 to 2025

Latest: −3.22pp

EBITDA Margin history table for Hormel Foods (HRL) from 1985 to 2025


2025	8.3%	-3.22pp	Oct 26, 2025	Dec 5, 2025
2024	11.5%	+0.46pp	Oct 31, 2024	Dec 5, 2024
2023	11.1%	-1.59pp	Oct 31, 2023	Dec 6, 2023
2022	12.7%	+0.54pp	Oct 31, 2022	Dec 6, 2022
2021	12.1%	-1.85pp	Oct 31, 2021	Dec 10, 2021
2020	14.0%	-0.70pp	Oct 31, 2020	Dec 4, 2020
2019	14.7%	+0.32pp	Oct 31, 2019	Dec 6, 2019
2018	14.3%	-1.17pp	Oct 31, 2018	Dec 7, 2018
2017	15.5%	+0.16pp	Oct 31, 2017	Dec 20, 2017
2016	15.4%	+2.36pp	Oct 31, 2016	Dec 21, 2016
2015	13.0%	+1.56pp	Oct 31, 2015	Dec 16, 2015
2014	11.4%	+0.74pp	Oct 31, 2014	Dec 17, 2014
2013	10.7%	-0.13pp	Oct 31, 2013	Dec 18, 2013
2012	10.8%	-0.15pp	Oct 31, 2012	Dec 19, 2012
2011	11.0%	+0.22pp	Oct 31, 2011	Dec 21, 2011
2010	10.8%	+0.30pp	Oct 31, 2010	Dec 21, 2010
2009	10.5%	+0.94pp	Oct 31, 2009	Dec 16, 2009
2008	9.5%	-0.56pp	Oct 31, 2008	Dec 23, 2008
2007	10.1%	+0.03pp	Oct 31, 2007	Dec 27, 2007
2006	10.0%	-0.11pp	Oct 31, 2006	Jan 12, 2007
2005	10.2%	+0.21pp	Oct 31, 2005	Jan 13, 2006
2004	9.9%	+0.45pp	Oct 31, 2004	Jan 13, 2005
2003	9.5%	-0.78pp	Oct 31, 2003	Jan 23, 2004
2002	10.3%	+0.13pp	Oct 31, 2002	Jan 24, 2003
2001	10.1%	+0.61pp	Oct 31, 2001	Jan 25, 2002
2000	9.5%	+0.43pp	Oct 31, 2000	Jan 26, 2001
1999	9.1%	+1.63pp	Oct 31, 1999	Jan 28, 2000
1998	7.5%	+0.68pp	Oct 31, 1998	Jan 29, 1999
1997	6.8%	+1.49pp	Oct 31, 1997	Jan 23, 1998
1996	5.3%	-1.94pp	Oct 31, 1996	Jan 24, 1997
1995	7.2%	-0.06pp	Oct 31, 1995	Oct 31, 1995
1994	7.3%	+0.73pp	Oct 31, 1994	Oct 31, 1994
1993	6.6%	+0.15pp	Oct 31, 1993	Oct 31, 1993
1992	6.4%	+0.49pp	Oct 31, 1992	Oct 31, 1992
1991	5.9%	+0.18pp	Oct 31, 1991	Oct 31, 1991
1990	5.8%	-0.45pp	Oct 31, 1990	Oct 31, 1990
1989	6.2%	+0.41pp	Oct 31, 1989	Oct 31, 1989
1988	5.8%	+0.60pp	Oct 31, 1988	Oct 31, 1988
1987	5.2%	-0.15pp	Oct 31, 1987	Oct 31, 1987
1986	5.4%	-1.85pp	Oct 31, 1986	Oct 31, 1986
1985	7.2%	—	Oct 31, 1985	Oct 31, 1985

20258.3%-3.22pp
202411.5%+0.46pp
202311.1%-1.59pp
202212.7%+0.54pp
202112.1%-1.85pp
202014.0%-0.70pp
201914.7%+0.32pp
201814.3%-1.17pp
201715.5%+0.16pp
201615.4%+2.36pp
201513.0%+1.56pp
201411.4%+0.74pp
201310.7%-0.13pp
201210.8%-0.15pp
201111.0%+0.22pp
201010.8%+0.30pp
200910.5%+0.94pp
20089.5%-0.56pp
200710.1%+0.03pp
200610.0%-0.11pp
200510.2%+0.21pp
20049.9%+0.45pp
20039.5%-0.78pp
200210.3%+0.13pp
200110.1%+0.61pp
20009.5%+0.43pp
19999.1%+1.63pp
19987.5%+0.68pp
19976.8%+1.49pp
19965.3%-1.94pp
19957.2%-0.06pp
19947.3%+0.73pp
19936.6%+0.15pp
19926.4%+0.49pp
19915.9%+0.18pp
19905.8%-0.45pp
19896.2%+0.41pp
19885.8%+0.60pp
19875.2%-0.15pp
19865.4%-1.85pp
19857.2%—

EBITDA Margin values are taken from Hormel Foods's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Hormel Foods (HRL)

According to Hormel Foods's latest reported financial statements, the company's latest reported EBITDA margin is 8.5%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending April 26, 2026 (reported May 28, 2026). Chart and table below cover the full reported history back to 1985.

2025's annual EBITDA margin for Hormel Foods (HRL) came in at 8.30% – contracted 3.2 percentage points year-over-year.

2017 marks the peak EBITDA margin at 15.51%, with the historical low of 5.20% recorded in 1987.

Hormel Foods EBITDA Margin by Year

Hormel Foods EBITDA Margin 2025: 8.3%

In 2025, Hormel Foods reported EBITDA margin of 8.30%, contracted 3.2 percentage points from 2024.

Hormel Foods EBITDA Margin 2024: 11.5%

Hormel Foods EBITDA margin in 2024 was 11.53%, expanded 0.5 percentage points from 2023.

Hormel Foods EBITDA Margin 2023: 11.1%

2023's EBITDA margin for Hormel Foods came in at 11.07%, contracted 1.6 percentage points from 2022.

Hormel Foods EBITDA Margin 2022: 12.7%

Hormel Foods posted EBITDA margin of 12.65% in 2022, expanded 0.5 percentage points from 2021.

Hormel Foods EBITDA Margin 2021: 12.1%

Hormel Foods EBITDA margin in 2021 was 12.11%.

See more financial history for Hormel Foods (HRL).

Sector peers by EBITDA Margin

Consumer Defensive peers of Hormel Foods (HRL), ranked by their latest EBITDA margin


Altria Group (MO)	53.6%
Philip Morris International (PM)	42.8%
Coca-Cola (KO)	37.8%
Monster Beverage (MNST)	31.0%
Procter & Gamble (PG)	26.8%
PepsiCo (PEP)	15.8%
Walmart (WMT)	6.1%
Costco (COST)	4.9%

Frequently asked questions

Hormel Foods (HRL) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation