Hormel Foods Corp
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 22.7% | 13.9% | 9.3% |
| FY2017 | 21.8% | 13.9% | 9.2% |
| FY2018 | 20.7% | 12.4% | 10.6% |
| FY2019 | 19.8% | 12.6% | 10.3% |
| FY2020 | 19.0% | 11.5% | 9.5% |
| FY2021 | 16.9% | 9.9% | 8.0% |
| FY2022 | 17.4% | 10.5% | 8.0% |
| FY2023 | 16.5% | 8.9% | 6.6% |
| FY2024 | 16.9% | 8.9% | 6.7% |
| FY2025 | 15.6% | 5.9% | 4.0% |