Hormel Foods vs Kraft Heinz
Add, change or remove companies; up to four.
KIRA’s take AI analyst
I put Hormel Foods and Kraft Heinz side by side, using each one’s latest annual report. Here is what stands out:
- Kraft Heinz is the larger business, with $24.9B of revenue in fiscal 2025 against $12.1B for Hormel Foods, about 2.1 times as much.
- Hormel Foods grew revenue faster (1.6%, against −3.5%).
- Hormel Foods kept more of each dollar of sales as operating profit (5.9% operating margin, against −18.7%).
- Kraft Heinz turned more of its sales into free cash flow (14.7% FCF margin, against 4.4%).
- Hormel Foods earned a higher return on the capital invested in it (5.1%, against −5.8%).
Who comes out ahead
Of the 10 measures where higher (or lower) is clearly better, how many each company leads.
Hormel Foods
HRL
7/10
Revenue growth5-year growthOperating marginNet marginReturn on capitalReturn on equityPiotroski F-score
Kraft Heinz
KHC
3/10
Gross marginFCF marginShare count change
Side by side
Best in the row
| Latest fiscal year | HRL FY25 | KHC FY25 |
|---|---|---|
| Size | ||
| Market cap | $11.5B | $29.3B |
| Revenue | $12.1B | $24.9B |
| Free cash flow | $534M | $3.7B |
| Net income | $478M | −$5.8B |
| Growth | ||
| Revenue growth | 1.6% | −3.5% |
| 5-year growth | 4.7% | −1.0% |
| Share count change | 0.3% | −2.3% |
| Profitability | ||
| Gross margin | 15.6% | 33.3% |
| Operating margin | 5.9% | −18.7% |
| Net margin | 4.0% | −23.4% |
| FCF margin | 4.4% | 14.7% |
| Return on capital | 5.1% | −5.8% |
| Return on equity | 6.0% | −12.9% |
| Balance sheet | ||
| Net debt | $2.2B | $18.6B |
| Net debt / EBITDA | 2.2x | — |
| Dividends and buybacks | $633M | $2.3B |
| Valuation & quality | ||
| P/E | 33.3x | — |
| Piotroski F-score | 5 | 4 |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.