Hormel Foods Corp (HRL)
30.79
-0.13
(-0.42%)
USD |
NYSE |
Nov 04, 13:03
Hormel Foods Gross Profit Margin (Quarterly): 16.85% for July 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| July 31, 2024 | 16.85% |
| April 30, 2024 | 17.45% |
| January 31, 2024 | 16.98% |
| October 31, 2023 | 16.09% |
| July 31, 2023 | 16.81% |
| April 30, 2023 | 16.50% |
| January 31, 2023 | 16.69% |
| October 31, 2022 | 17.25% |
| July 31, 2022 | 16.68% |
| April 30, 2022 | 17.87% |
| January 31, 2022 | 17.70% |
| October 31, 2021 | 16.73% |
| July 31, 2021 | 14.78% |
| April 30, 2021 | 18.27% |
| January 31, 2021 | 18.29% |
| October 31, 2020 | 18.92% |
| July 31, 2020 | 17.74% |
| April 30, 2020 | 19.71% |
| January 31, 2020 | 19.64% |
| October 31, 2019 | 19.74% |
| July 31, 2019 | 18.92% |
| April 30, 2019 | 20.01% |
| January 31, 2019 | 20.69% |
| October 31, 2018 | 21.12% |
| July 31, 2018 | 19.29% |
| Date | Value |
|---|---|
| April 30, 2018 | 21.15% |
| January 31, 2018 | 21.37% |
| October 31, 2017 | 20.26% |
| July 31, 2017 | 20.50% |
| April 30, 2017 | 22.26% |
| January 31, 2017 | 24.22% |
| October 31, 2016 | 22.78% |
| July 31, 2016 | 20.64% |
| April 30, 2016 | 22.88% |
| January 31, 2016 | 24.34% |
| October 31, 2015 | 20.62% |
| July 31, 2015 | 18.71% |
| April 30, 2015 | 20.16% |
| January 31, 2015 | 18.56% |
| October 31, 2014 | 16.65% |
| July 31, 2014 | 15.93% |
| April 30, 2014 | 16.87% |
| January 31, 2014 | 17.78% |
| October 31, 2013 | 16.59% |
| July 31, 2013 | 15.30% |
| April 30, 2013 | 16.39% |
| January 31, 2013 | 16.26% |
| October 31, 2012 | 16.21% |
| July 31, 2012 | 15.29% |
| April 30, 2012 | 16.67% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
14.78%
Minimum
Jul 2021
19.71%
Maximum
Apr 2020
17.42%
Average
17.25%
Median
Oct 2022
Gross Profit Margin (Quarterly) Benchmarks
| Dollar Tree Inc | 30.09% |
| Coca-Cola Co | 60.65% |
| PepsiCo Inc | 55.42% |
| Acme United Corp | 38.54% |
| Beyond Meat Inc | 14.72% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 9.99% |
| Return on Assets | 5.77% |
| Return on Invested Capital | 7.01% |
| Profit Margin (Quarterly) | 6.10% |
| Operating Margin (Quarterly) | 7.89% |
| Return on Net Operating Assets | 6.93% |