HRLHormel Foods

$21.94+5.9% 1Y

The business

How HRL's business earns

Hormel Foods earns 4.6% on the capital it employs against an estimated 9.0% cost of capital.

4.6%

Return on invested capital · cost of capital 9.0% · 4.4 points below the estimated cost of capital

Operating margin
4.7%

Operating margin · Packaged Foods median 7.6% · 12 months to Jul 26, 2026

Cash conversion
2.90×

Cash conversion · 1.18× a year ago · operating cash flow divided by operating profit after tax

Share count, year on year
+0.06%

Share count, year on year · within 1% of a year ago

Operating margin by fiscal year
Operating margin by fiscal year
YearOperating margin
FY202011%
FY20219.9%
FY202211%
FY20238.8%
FY20249.0%
FY20255.9%
Details›
Gross margin12 months to Jul 26, 2026
16%
Operating margin12 months to Jul 26, 2026
4.7%
Net margin12 months to Jul 26, 2026
2.8%
Free cash flow margin
6.4%
Revenue, trailing twelve months
$12.1B
Free cash flow, trailing twelve months
$781M
Net income, trailing twelve months
$343M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
4.6%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.

Customers and suppliers

Who buys from HRL and who it buys from, as the companies report it.

Customerswho buys
  • Top five customers
    38%

    Combined share of revenue · FY2025 10-K

Supplierswho it buys from

None disclosed.

Across 3,049 annual reports, 267 companies get a quarter of their revenue from one customer: our study ›
Hormel Foods (HRL) Customers, Suppliers and Margins · Ryufin