High Liner Foods (TSX:HLF) Net Margin %: 2.38% (As of Mar. 2026) — 31% Below Median


TSX:HLF High Liner Foods Inc TSX:HLF
82 GF Score
Price C$14.55
GF Value C$17.04
Valuation Modestly Undervalued
! 3 Warning Signs
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What is High Liner Foods Net Margin %?

High Liner Foods TSX:HLF -0.27% 82 Net Margin % is 2.38% as of Mar. 2026, which is 31% below its 10-year median of 3.43. GuruFocus rates TSX:HLF with a GF Score™ of 82/100 and a GF Value™ of C$17.04 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,952 Consumer Packaged Goods companies, High Liner Foods ranks worse than 55.23% on this metric.

Net margin is calculated as Net Income divided by its Revenue. High Liner Foods's Net Income for the three months ended in Mar. 2026 was C$11 Mil. High Liner Foods's Revenue for the three months ended in Mar. 2026 was C$460 Mil. Therefore, High Liner Foods's net margin for the quarter that ended in Mar. 2026 was 2.38%.

The historical rank and industry rank for High Liner Foods's Net Margin % or its related term are showing as below:

TSX:HLF' s Net Margin % Range Over the Past 10 Years
Min: 1.09   Med: 3.43   Max: 6.27
Current: 2.67


TSX:HLF's Net Margin % is ranked worse than
55.23% of 1952 companies
in the Consumer Packaged Goods industry
Industry Median: 3.495 vs TSX:HLF: 2.67

High Liner Foods  (TSX:HLF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


High Liner Foods Net Margin % Related Terms


High Liner Foods Net Margin % Historical Data

* Premium members only.

The historical data trend for High Liner Foods's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

High Liner Foods Net Margin % Chart

High Liner Foods Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.83 5.12 2.93 6.27 3.56

High Liner Foods Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.70 3.53 1.92 2.97 2.38

TSX:HLF vs KHC, GIS: Net Margin % Comparison

For the Packaged Foods subindustry, High Liner Foods's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


High Liner Foods Net Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, High Liner Foods's Net Margin % distribution charts can be found below:

* The bar in red indicates where High Liner Foods's Net Margin % falls into.


TSX:HLF
82GF Score
High Liner Foods Inc TSX:HLF
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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High Liner Foods Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

High Liner Foods's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=50.43/1416.607
=3.56 %

High Liner Foods's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=10.925/459.506
=2.38 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 2.38% mean?
High Liner Foods (TSX:HLF) has a Net Margin % of 2.38% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on High Liner Foods and its competitors. This is 31% below median its historical median of 3.43. Over the past decade, High Liner Foods' Net Margin % has ranged from 1.09 to 6.27. According to the industry distribution chart, High Liner Foods ranks #1078 out of 1952 companies in the Consumer Packaged Goods industry, placing it in the top 55.2%.
Is High Liner Foods' Net Margin % too high?
High Liner Foods' current Net Margin % of 2.38% is 31% below median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 6.27. The Consumer Packaged Goods industry median Net Margin % is 3.50. High Liner Foods' value of 2.38% is 31.9% below this industry median. Based on the distribution chart, High Liner Foods ranks #1078 out of 1952 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, High Liner Foods has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does High Liner Foods' Net Margin % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, High Liner Foods ranks #1078 out of 1952 companies for Net Margin %. This places High Liner Foods in the lower half of its industry. The industry median Net Margin % is 3.50. High Liner Foods' value of 2.38% is 31.9% below this benchmark. Historically, High Liner Foods' own Net Margin % has ranged from 1.09 to 6.27 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 3.50, High Liner Foods has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Consumer Packaged Goods company?
The median Net Margin % among Consumer Packaged Goods companies is 3.50, based on 1,952 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. High Liner Foods's current Net Margin % of 2.38% is 31.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on High Liner Foods and its competitors. For the Consumer Packaged Goods industry, the median Net Margin % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Liner Foods's current Net Margin % is 2.38%, which is 31% below median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Liner Foods stock overvalued right now?
Based on GuruFocus' analysis, High Liner Foods (TSX:HLF) is currently considered Modestly Undervalued. The stock's GF Value™ is C$17.04, compared to a current price of C$14.55 — trading 14.6% below its estimated fair value. The current Net Margin % is 2.38%, which is 31% below median its 10-year median of 3.43 and 31.9% below the Consumer Packaged Goods industry median of 3.50. High Liner Foods' overall GF Score™ is 82/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For High Liner Foods (TSX:HLF), the current Net Margin % is 2.38% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is High Liner Foods (TSX:HLF) Overvalued in 2026?

Based on GuruFocus' analysis, High Liner Foods stock appears to be undervalued. The current stock price of C$14.55 is trading 14.6% below its estimated GF Value™ of C$17.04. GuruFocus considers High Liner Foods to be Modestly Undervalued.

Key valuation signals for TSX:HLF:

  • Net Margin %: 2.38% (31% below median its 10-year median of 3.43)
  • GF Value™: C$17.04 vs. price of C$14.55 (14.6% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 31.9% below the Consumer Packaged Goods median (#1078 of 1952)

No single metric tells the full story. See the TSX:HLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


High Liner Foods Business Description

Other Exchanges HLNFF:USA28Y:Germany
Address 100 Battery Point, P.O. Box 910, Lunenburg, NS, CAN, B0J 2C0
High Liner Foods Inc is a Canadian company that is mainly engaged in the processing and marketing of prepared and packaged frozen seafood products. The company's retail branded products are sold throughout the United States and Canada under the High Liner, Sea Cuisine, Mrs. Paul's, Van de Kamp's, Fisher Boy, C.Wirthy, Mirabel, and Catch of the Day labels, and are available in grocery and club stores. It also sells branded products under the High Liner, Icelandic Seafood, Mirabel, and FPI labels to restaurants and institutions, and is a supplier of private-label, value-added frozen seafood products to North American food retailers and foodservice distributors.
82GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$14.55
Price
C$17.04
GF Value