Hormel Foods Operating Margin 2010-2025 | HRL
- Hormel Foods average operating margin for 2024 was 8.74%, a 10.17% decline from 2023.
- Hormel Foods average operating margin for 2023 was 9.73%, a 3.85% decline from 2022.
- Hormel Foods average operating margin for 2022 was 10.12%, a 3.89% decline from 2021.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.