Hormel Foods (WBO:HRL) Net Margin %: 5.30% (As of Apr. 2026) — 39% Below Median


WBO:HRL Hormel Foods Corp WBO:HRL
61 GF Score
Price €22.79
GF Value €27.34
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Hormel Foods Net Margin %?

Hormel Foods WBO:HRL +1.83% 61 Net Margin % is 5.30% as of Apr. 2026, which is 39% below its 10-year median of 8.64. GuruFocus rates WBO:HRL with a GF Score™ of 61/100 and a GF Value™ of €27.34 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,952 Consumer Packaged Goods companies, Hormel Foods ranks better than 52.51% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Hormel Foods's Net Income for the three months ended in Apr. 2026 was €135 Mil. Hormel Foods's Revenue for the three months ended in Apr. 2026 was €2,542 Mil. Therefore, Hormel Foods's net margin for the quarter that ended in Apr. 2026 was 5.30%.

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

WBO:HRL' s Net Margin % Range Over the Past 10 Years
Min: 3.82   Med: 8.64   Max: 10.6
Current: 3.82


WBO:HRL's Net Margin % is ranked better than
52.51% of 1952 companies
in the Consumer Packaged Goods industry
Industry Median: 3.495 vs WBO:HRL: 3.82

Hormel Foods  (WBO:HRL) 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.


Hormel Foods Net Margin % Related Terms


Hormel Foods Net Margin % Historical Data

* Premium members only.

The historical data trend for Hormel 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.

Hormel Foods Net Margin % Chart

Hormel Foods Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.98 8.03 6.55 6.75 3.95

Hormel Foods Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.21 6.06 -1.76 6.01 5.30

WBO:HRL vs MKC, JBS, SJM: Net Margin % Comparison

For the Packaged Foods subindustry, Hormel 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.


Hormel Foods Net Margin % vs Consumer Packaged Goods Industry

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

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


WBO:HRL
61GF Score
Hormel Foods Corp WBO:HRL
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hormel 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.

Hormel Foods's Net Margin for the fiscal year that ended in Oct. 2025 is calculated as

Net Margin=Net Income (A: Oct. 2025 )/Revenue (A: Oct. 2025 )
=410.771/10399.191
=3.95 %

Hormel Foods's Net Margin for the quarter that ended in Apr. 2026 is calculated as

Net Margin=Net Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=134.64/2541.573
=5.30 %

* 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 5.30% mean?
Hormel Foods (WBO:HRL) has a Net Margin % of 5.30% as of Apr. 2026. Net margin is the ratio of total net income to net sales. View historical data on Hormel Foods and its competitors. This is 39% below median its historical median of 8.64. Over the past decade, Hormel Foods' Net Margin % has ranged from 3.82 to 10.60. According to the industry distribution chart, Hormel Foods ranks #927 out of 1952 companies in the Consumer Packaged Goods industry, placing it in the top 47.5%.
Is Hormel Foods' Net Margin % too high?
Hormel Foods' current Net Margin % of 5.30% is 39% below median its 10-year median of 8.64. Over the past 10 years, this metric has ranged from a low of 3.82 to a high of 10.60. The Consumer Packaged Goods industry median Net Margin % is 3.50. Hormel Foods' value of 5.30% is 51.6% above this industry median. Based on the distribution chart, Hormel Foods ranks #927 out of 1952 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Hormel Foods has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hormel Foods' Net Margin % compare to MKC and JBS?
According to the Consumer Packaged Goods industry distribution chart, Hormel Foods ranks #927 out of 1952 companies for Net Margin %. This puts Hormel Foods in the upper half of its industry. The industry median Net Margin % is 3.50. Hormel Foods' value of 5.30% is 51.6% above this benchmark. Historically, Hormel Foods' own Net Margin % has ranged from 3.82 to 10.60 over the past decade. While the company's 10-year median is 8.64 vs. the industry median of 3.50, Hormel Foods has consistently been above 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. Hormel Foods's current Net Margin % of 5.30% is 51.6% above 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 Hormel 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. Hormel Foods's current Net Margin % is 5.30%, which is 39% below median its own 10-year median of 8.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hormel Foods stock overvalued right now?
Based on GuruFocus' analysis, Hormel Foods (WBO:HRL) is currently considered Modestly Undervalued. The stock's GF Value™ is €27.34, compared to a current price of €22.79 — trading 16.6% below its estimated fair value. The current Net Margin % is 5.30%, which is 39% below median its 10-year median of 8.64 and 51.6% above the Consumer Packaged Goods industry median of 3.50. Hormel Foods' overall GF Score™ is 61/100 with 5 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 Hormel Foods (WBO:HRL), the current Net Margin % is 5.30% as of Apr. 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 Hormel Foods (WBO:HRL) Overvalued in 2026?

Based on GuruFocus' analysis, Hormel Foods stock appears to be undervalued. The current stock price of €22.79 is trading 16.6% below its estimated GF Value™ of €27.34. GuruFocus considers Hormel Foods to be Modestly Undervalued.

Key valuation signals for WBO:HRL:

  • Net Margin %: 5.30% (39% below median its 10-year median of 8.64)
  • GF Value™: €27.34 vs. price of €22.79 (16.6% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 51.6% above the Consumer Packaged Goods median (#927 of 1952)

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


Hormel Foods Business Description

Address 1 Hormel Place, Austin, MN, USA, 55912-3680
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and became a branded food company. The firm sells its wares through multiple channels, including US retail (61.6% of fiscal 2025 sales), US foodservice (32.6%), and international (5.9%). By product, 73% of fiscal 2025 sales were from perishable food and 27% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
61GF Score

Get the complete analysis for WBO:HRL

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

€22.79
Price
€27.34
GF Value