Hormel Foods Net Profit Margin 2010-2024 | HRL
- Hormel Foods average net profit margin for 2023 was 7.32%, a 6.87% decline from 2022.
- Hormel Foods average net profit margin for 2022 was 7.86%, a 8.71% decline from 2021.
- Hormel Foods average net profit margin for 2021 was 8.61%, a 11.69% decline from 2020.
Net profit margin can be defined as net Income as a portion of total sales revenue.