Hormel Foods
HRL
$34.64
Share price
0.74%
Change (1 day)
-12.87%
Change (1 year)
Categories
Hormel Foods is an American food manufacturer, the company is best known for its breakfast meat from the Spam brand. Hormel also sells groceries under the brand names such as Jennie-O, Stagg and Carapelli.
Operating Margin for Hormel Foods (HRL)
Operating Margin as of April 2024 (TTM): 10.25%
According to Hormel Foods's latest financial reports and stock price the company's current Operating Margin is 10.25%. At the end of 2022 the company had an Operating Margin of 10.26%.
Operating Margin history for Hormel Foods from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.26% | 3.72% |
| 2021 | 9.89% | -14.75% |
| 2020 | 11.60% | -8.92% |
| 2019 | 12.74% | 2.93% |
| 2018 | 12.38% | -11.27% |
| 2017 | 13.95% | 0.84% |
| 2016 | 13.83% | 21.21% |
| 2015 | 11.41% | 15.29% |
| 2014 | 9.90% | 8.49% |
| 2013 | 9.12% | -0.97% |
| 2012 | 9.21% | 1.19% |
| 2011 | 9.10% | 5.27% |
| 2010 | 8.65% | 7.65% |
| 2009 | 8.04% | 18.63% |
| 2008 | 6.77% | -10.72% |
| 2007 | 7.59% | 1.24% |
| 2006 | 7.49% | 0.2% |
| 2005 | 7.48% | -1.95% |
| 2004 | 7.63% | 10.73% |
| 2003 | 6.89% | -8.37% |
| 2002 | 7.52% | 8.78% |
| 2001 | 6.91% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Conagra Brands
CAG | 8.95% | -12.68% | 🇺🇸 USA |
 Tyson Foods
TSN | 7.78% | -24.10% | 🇺🇸 USA |
 Pilgrim's Pride
PPC | 5.87% | -42.73% | 🇺🇸 USA |
 Seaboard SEB | 5.14% | -49.85% | 🇺🇸 USA |
 BRF BRFS | -5.21% | -150.83% | 🇧🇷 Brazil |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.