Hormel Foods Corp
NYSE:HRL
Net Margin
Hormel Foods Corp
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
Hormel Foods Corp
NYSE:HRL
|
16.3B USD |
6%
|
|
| JP |
G
|
Goyo Foods Industry Co Ltd
TSE:2230
|
53.2T JPY |
4%
|
|
| CH |
|
Nestle SA
SIX:NESN
|
234.7B CHF |
12%
|
|
| US |
|
Mondelez International Inc
NASDAQ:MDLZ
|
84.3B USD |
13%
|
|
| FR |
|
Danone SA
PAR:BN
|
46.1B EUR |
7%
|
|
| ZA |
T
|
Tiger Brands Ltd
JSE:TBS
|
41.1B Zac |
8%
|
|
| US |
|
Kraft Heinz Co
NASDAQ:KHC
|
35.5B USD |
11%
|
|
| US |
|
Hershey Co
NYSE:HSY
|
33.3B USD |
20%
|
|
| US |
|
General Mills Inc
NYSE:GIS
|
32.2B USD |
13%
|
|
| CN |
|
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
|
223.6B CNY |
23%
|
|
| CH |
|
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
|
26.3B CHF |
12%
|
Hormel Foods Corp
Glance View
Nestled in the heart of Austin, Minnesota, Hormel Foods Corp. has carved a distinctive niche in the global food industry since its inception in 1891. Originally founded by George A. Hormel as a fresh meat processing and packing business, it quickly evolved, adapting to shifts in consumer preferences and technological advancements. Today, Hormel stands as a testament to adaptation and longevity, leveraging an extensive portfolio of brands that include household names like Spam, Skippy, and Jennie-O. The company’s business model hinges on processing and selling a wide variety of food products, ranging from pork and turkey to refrigerated and shelf-stable goods, providing convenience for the ever-busy modern consumer. The magic of Hormel lies in its ability to balance tradition with innovation. Through careful management of its supply chain and strategic acquisitions, such as the purchase of Planters in 2021, Hormel has diversified its offerings, ensuring a steady stream of revenue. While retail sales constitute the backbone of its earnings, Hormel also thrives in the foodservice sector, supplying restaurants and institutions with quality ingredients. Their revenue model is further buoyed by a prudent approach to marketing and branding, which keeps their iconic products relevant and in demand. In essence, Hormel crafts its business narrative through a harmonious blend of trusted brands, strategic expansion, and an unwavering commitment to adapting in the ever-evolving food landscape.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Hormel Foods Corp's most recent financial statements, the company has Net Margin of 6.4%.
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