Hormel Foods Pre-Tax Profit Margin 2010-2024 | HRL
- Hormel Foods average pre-tax profit margin for 2023 was 9.38%, a 5.16% decline from 2022.
- Hormel Foods average pre-tax profit margin for 2022 was 9.89%, a 7.31% decline from 2021.
- Hormel Foods average pre-tax profit margin for 2021 was 10.67%, a 11.45% decline from 2020.
Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.