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Hormel Foods Corp
NYSE:HRL

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Hormel Foods Corp Logo
Hormel Foods Corp
NYSE:HRL
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Price: 36.31 USD 0.61% Market Closed
Updated: May 18, 2024

Gross Margin
Hormel Foods Corp

16.6%
Current
17%
Average
22.4%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
16.6%
=
Gross Profit
2B
/
Revenue
12.1B

Gross Margin Across Competitors

Country US
Market Cap 19.9B USD
Gross Margin
17%
Country JP
Market Cap 53.2T JPY
Gross Margin
34%
Country CH
Market Cap 253.3B CHF
Gross Margin
46%
Country US
Market Cap 95.7B USD
Gross Margin
42%
Country US
Market Cap 43.7B USD
Gross Margin
34%
Country US
Market Cap 41.9B USD
Gross Margin
46%
Country FR
Market Cap 38.5B EUR
Gross Margin
47%
Country US
Market Cap 40.2B USD
Gross Margin
35%
Country CN
Market Cap 254.9B CNY
Gross Margin
2%
Country ZA
Market Cap 32B Zac
Gross Margin
28%
Country CN
Market Cap 211.3B CNY
Gross Margin
34%

Profitability Report

View the profitability report to see the full profitability analysis for Hormel Foods Corp.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
16.6%
=
Gross Profit
2B
/
Revenue
12.1B
What is the Gross Margin of Hormel Foods Corp?

Based on Hormel Foods Corp's most recent financial statements, the company has Gross Margin of 16.6%.