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Hormel Foods (HRL) operating margin by quarter

Hormel Foods' operating margin was 3.7% in Q3 FY26 (third quarter fiscal 2026), -3.6 pts from Q2 FY26. Over the last 6 quarters it ranged from 3.7% (Q3 FY26) to 9.4% (Q4 FY24).

Hormel Foods operating margin by quarterHormel Foods operating margin by quarter9.4%Q4 FY248.6%Q2 FY257.9%Q3 FY258.0%Q1 FY267.3%Q2 FY263.7%Q3 FY26
QuarterOperating marginQ/QY/Y
Q3 FY263.7%-3.6 pts-4.2 pts
Q2 FY267.3%-0.7 pts-1.3 pts
Q1 FY268.0%+0.1 pts—
Q3 FY257.9%-0.7 pts—
Q2 FY258.6%-0.8 pts—
Q4 FY249.4%——

Q3 FY26 at a glance

Hormel Foods, Q3 FY26: revenue $3.0B (-2% year over year), operating margin 3.7%, net earnings $59.5M, operating cash flow $241M. The chart follows the revenue to costs, profit and cash.

Questions

What is Hormel Foods' operating margin?

Hormel Foods' operating margin was 3.7% in Q3 FY26 (third quarter fiscal 2026), -3.6 pts from Q2 FY26.

How has Hormel Foods' operating margin changed?

Over the last 6 quarters it ranged from 3.7% (Q3 FY26) to 9.4% (Q4 FY24).

Q3 FY26 results → · How Hormel Foods makes money →