TTM
3.8%
YoY change
−2.80pp
Trough year (1993)
-0.9%
Peak year (2018)
10.6%
Latest annual
4.0%
Net Profit Margin history chart for Hormel Foods (HRL) from 1985 to 2025
Latest: 4.0%
Net Profit Margin change chart for Hormel Foods (HRL) from 1985 to 2025
Latest: −2.80pp
Net Profit Margin history table for Hormel Foods (HRL) from 1985 to 2025
| 2025 | 4.0% | -2.80pp | ||
| 2024 | 6.8% | +0.20pp | ||
| 2023 | 6.6% | -1.47pp | ||
| 2022 | 8.0% | +0.04pp | ||
| 2021 | 8.0% | -1.47pp | ||
| 2020 | 9.5% | -0.86pp | ||
| 2019 | 10.3% | -0.30pp | ||
| 2018 | 10.6% | +1.37pp | ||
| 2017 | 9.2% | -0.11pp | ||
| 2016 | 9.3% | +1.94pp | ||
| 2015 | 7.4% | +0.94pp | ||
| 2014 | 6.5% | +0.46pp | ||
| 2013 | 6.0% | -0.06pp | ||
| 2012 | 6.1% | +0.07pp | ||
| 2011 | 6.0% | +0.53pp | ||
| 2010 | 5.5% | +0.23pp | ||
| 2009 | 5.2% | +1.02pp | ||
| 2008 | 4.2% | -0.65pp | ||
| 2007 | 4.9% | -0.11pp | ||
| 2006 | 5.0% | +0.28pp | ||
| 2005 | 4.7% | -0.18pp | ||
| 2004 | 4.9% | +0.46pp | ||
| 2003 | 4.4% | -0.42pp | ||
| 2002 | 4.8% | +0.15pp | ||
| 2001 | 4.7% | -0.20pp | ||
| 2000 | 4.9% | +0.03pp | ||
| 1999 | 4.9% | +0.59pp | ||
| 1998 | 4.3% | +0.91pp | ||
| 1997 | 3.4% | +0.80pp | ||
| 1996 | 2.6% | -1.39pp | ||
| 1995 | 4.0% | +0.10pp | ||
| 1994 | 3.9% | +4.79pp | ||
| 1993 | -0.9% | -4.32pp | ||
| 1992 | 3.4% | +0.34pp | ||
| 1991 | 3.0% | +0.17pp | ||
| 1990 | 2.9% | -0.12pp | ||
| 1989 | 3.0% | +0.37pp | ||
| 1988 | 2.6% | +0.64pp | ||
| 1987 | 2.0% | -0.01pp | ||
| 1986 | 2.0% | -0.57pp | ||
| 1985 | 2.6% | — |
- 20254.0%-2.80pp
- 20246.8%+0.20pp
- 20236.6%-1.47pp
- 20228.0%+0.04pp
- 20218.0%-1.47pp
- 20209.5%-0.86pp
- 201910.3%-0.30pp
- 201810.6%+1.37pp
- 20179.2%-0.11pp
- 20169.3%+1.94pp
- 20157.4%+0.94pp
- 20146.5%+0.46pp
- 20136.0%-0.06pp
- 20126.1%+0.07pp
- 20116.0%+0.53pp
- 20105.5%+0.23pp
- 20095.2%+1.02pp
- 20084.2%-0.65pp
- 20074.9%-0.11pp
- 20065.0%+0.28pp
- 20054.7%-0.18pp
- 20044.9%+0.46pp
- 20034.4%-0.42pp
- 20024.8%+0.15pp
- 20014.7%-0.20pp
- 20004.9%+0.03pp
- 19994.9%+0.59pp
- 19984.3%+0.91pp
- 19973.4%+0.80pp
- 19962.6%-1.39pp
- 19954.0%+0.10pp
- 19943.9%+4.79pp
- 1993-0.9%-4.32pp
- 19923.4%+0.34pp
- 19913.0%+0.17pp
- 19902.9%-0.12pp
- 19893.0%+0.37pp
- 19882.6%+0.64pp
- 19872.0%-0.01pp
- 19862.0%-0.57pp
- 19852.6%—
Net Profit 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 Net Profit Margin at Hormel Foods (HRL)
According to Hormel Foods's latest reported financial statements, the company's latest reported net margin is 3.8%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Hormel Foods (HRL) reported net margin of 3.95% – contracted 2.8 percentage points year-over-year.
10.60% stands as the all-time-high annual net margin, posted in 2018, against a low of -0.94% during 1993.
Hormel Foods Net Profit Margin by Year
Hormel Foods Net Profit Margin 2025: 4.0%
In 2025, Hormel Foods reported net margin of 3.95%, contracted 2.8 percentage points from 2024.
Hormel Foods Net Profit Margin 2024: 6.8%
Hormel Foods net margin in 2024 was 6.75%, expanded 0.2 percentage points from 2023.
Hormel Foods Net Profit Margin 2023: 6.6%
2023's net margin for Hormel Foods came in at 6.55%, contracted 1.5 percentage points from 2022.
Hormel Foods Net Profit Margin 2022: 8.0%
Hormel Foods posted net margin of 8.03% in 2022, expanded 0.0 percentage points from 2021.
Hormel Foods Net Profit Margin 2021: 8.0%
Hormel Foods net margin in 2021 was 7.98%.
See more financial history for Hormel Foods (HRL).
Sector peers by Net Profit Margin
Consumer Defensive peers of Hormel Foods (HRL), ranked by their latest net margin
| 36.9% | |
| 27.8% | |
| 26.7% | |
| 23.1% | |
| 19.2% | |
| 9.2% | |
| 3.2% | |
| 3.0% |
- 36.9%
- 27.8%
- 9.2%
- 3.2%
- 3.0%
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