Hormel Foods Gross Margin 2010-2024 | HRL

Hormel Foods gross margin for the quarter ending July 31, 2024 was 16.82%.

  • Hormel Foods average gross margin for 2023 was 16.81%, a 1.47% increase from 2022.
  • Hormel Foods average gross margin for 2022 was 17.06%, a 4.37% decline from 2021.
  • Hormel Foods average gross margin for 2021 was 17.84%, a 7.66% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Hormel Foods Gross Margin 2010-2024 | HRL

  • Hormel Foods average gross margin for 2023 was 16.81%, a 1.47% increase from 2022.
  • Hormel Foods average gross margin for 2022 was 17.06%, a 4.37% decline from 2021.
  • Hormel Foods average gross margin for 2021 was 17.84%, a 7.66% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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