Hormel Foods Corporation (HRL) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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HRL Revenue Growth
Revenue Breakdown (FY 2025)
HRL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
HRL Revenue Analysis (2014–2025)
As of May 7, 2026, Hormel Foods Corporation (HRL) generated trailing twelve-month (TTM) revenue of $12.14 billion, reflecting modest growth of +1.3% year-over-year. The most recent quarter (Q1 2026) recorded $3.03 billion in revenue, down 5.0% sequentially.
Looking at the longer-term picture, HRL's 5-year compound annual growth rate (CAGR) stands at +4.7%, indicating moderate growth over time. The company achieved its highest annual revenue of $12.46 billion in 2022.
Revenue diversification analysis shows HRL's business is primarily driven by Retail Segment (62%), Foodservice Segment (33%), and International Segment (6%). With over half of revenue concentrated in Retail Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Defensive sector peers including TSN (+3.9% YoY), SFD (+7.3% YoY), and PPC (+3.3% YoY), HRL has underperformed the peer group in terms of revenue growth. Compare HRL vs TSN →
HRL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HRLCurrent | $12.1B | +1.3% | +4.7% | 5.9% | |
 TSN | $54.4B | +3.9% | +4.7% | 2.6% | |
 SFD | $15.5B | +7.3% | - | 8.3% | |
 PPC | $18.5B | +3.3% | +8.9% | 8.7% | |
 LW | $6.5B | +0.8% | +11.2% | 10.3% | |
 CPB | $10.3B | -0.8% | +3.4% | 13.2% |
HRL Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $12.11B | +1.6% | $1.89B | 15.6% | $718.6M | 5.9% |
| 2024 | $11.92B | -1.6% | $2.02B | 17.0% | $1.07B | 9.0% |
| 2023 | $12.11B | -2.8% | $2.00B | 16.5% | $1.07B | 8.9% |
| 2022 | $12.46B | +9.4% | $2.16B | 17.4% | $1.31B | 10.5% |
| 2021 | $11.39B | +18.5% | $1.93B | 16.9% | $1.12B | 9.9% |
| 2020 | $9.61B | +1.2% | $1.83B | 19.0% | $1.10B | 11.5% |
| 2019 | $9.50B | -0.5% | $1.88B | 19.8% | $1.20B | 12.6% |
| 2018 | $9.55B | +4.1% | $1.98B | 20.7% | $1.18B | 12.4% |
| 2017 | $9.17B | -3.7% | $2.00B | 21.8% | $1.28B | 13.9% |
| 2016 | $9.52B | +2.8% | $2.16B | 22.7% | $1.32B | 13.9% |
Full HRL Stock Analysis
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Start ComparisonHRL — Frequently Asked Questions
Quick answers to the most common questions about buying HRL stock.
Is HRL's revenue growth accelerating or slowing?
HRL revenue growth slowed to +1.3%, below the 5-year CAGR of +4.7%. TTM revenue is $12.1B. The deceleration marks a shift from historical growth rates.
What is HRL's long-term revenue growth rate?
Hormel Foods Corporation's 5-year revenue CAGR of +4.7% reflects the variable expansion pattern. Current YoY growth of +1.3% is near this long-term average.
How is HRL's revenue distributed by segment?
HRL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.