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Hormel FoodsHRL +1.37%67 10-Year ROIIC % is -0.73 as of Oct. 2025. GuruFocus rates HRL with a GF Score™ of 67/100 and a GF Value™ of $31.24 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,597 Consumer Packaged Goods companies, Hormel Foods ranks worse than 65.69% on this metric.
10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Hormel Foods's 10-Year ROIIC % for the quarter that ended in Oct. 2025 was -0.73%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Hormel Foods's 10-Year ROIIC % or its related term are showing as below:
HRL's 10-Year ROIIC % is ranked worse than 65.69% of 1597
companies
in the Consumer Packaged Goods industry
Industry Median: 4.06
vs HRL: -0.73
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Hormel Foods 10-Year ROIIC % Related Terms
Hormel Foods 10-Year ROIIC % Historical Data
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The historical data trend for Hormel Foods's 10-Year ROIIC % 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.
For the Packaged Foods subindustry, Hormel Foods's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hormel Foods's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Hormel Foods's 10-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Hormel Foods (HRL) has a 10-Year ROIIC % of -0.73 as of Oct. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Hormel Foods and its competitors. According to the industry distribution chart, Hormel Foods ranks #1049 out of 1597 companies in the Consumer Packaged Goods industry, placing it in the top 65.7%.
Is Hormel Foods' 10-Year ROIIC % too high?
Hormel Foods' current 10-Year ROIIC % is -0.73. Based on the distribution chart, Hormel Foods ranks #1049 out of 1597 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Hormel Foods has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hormel Foods' 10-Year ROIIC % compare to MKC and JBS?
According to the Consumer Packaged Goods industry distribution chart, Hormel Foods ranks #1049 out of 1597 companies for 10-Year ROIIC %. This places Hormel Foods in the lower half of its industry. The industry median 10-Year ROIIC % is 4.06. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Consumer Packaged Goods company?
The median 10-Year ROIIC % among Consumer Packaged Goods companies is 4.06, based on 1,597 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Hormel Foods and its competitors. For the Consumer Packaged Goods industry, the median 10-Year ROIIC % is 4.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hormel Foods's current 10-Year ROIIC % is -0.73. 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 (HRL) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.24, compared to a current price of $25.15 — trading 19.5% below its estimated fair value. The current 10-Year ROIIC % is -0.73. Hormel Foods' overall GF Score™ is 67/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Hormel Foods (HRL), the current 10-Year ROIIC % is -0.73 as of Oct. 2025. 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 (HRL) Overvalued in 2026?
Based on GuruFocus' analysis, Hormel Foods stock appears to be undervalued.
The current stock price of $25.15 is trading 19.5% below its estimated GF Value™ of $31.24.
GuruFocus considers Hormel Foods to be Modestly Undervalued.
Key valuation signals for HRL:
10-Year ROIIC %: -0.73
GF Value™: $31.24 vs. price of $25.15 (19.5% below fair value)
No single metric tells the full story. See the HRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
67GF Score
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