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Side-by-side financial comparison of Delek US Holdings, Inc. (DK) and Hormel Foods (HRL). Click either name above to swap in a different company.

Hormel Foods is the larger business by last-quarter revenue ($3.0B vs $2.6B, roughly 1.2× Delek US Holdings, Inc.). Hormel Foods runs the higher net margin — 6.0% vs -7.7%, a 13.7% gap on every dollar of revenue. On growth, Hormel Foods posted the faster year-over-year revenue change (1.0% vs -4.9%). Over the past eight quarters, Hormel Foods's revenue compounded faster (2.4% CAGR vs -10.8%).

Delek US Holdings, Inc. is an oil refining, logistics and biofuels company founded in 2001 and headquartered in Brentwood, Tennessee.

Hormel Foods Corporation, doing business as Hormel Foods or simply Hormel, is an American multinational food processing company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. The company originally focused on the packaging and selling of ham, sausage and other pork, chicken, beef and lamb products to consumers, adding Spam in 1937. By the 1980s, Hormel began offering a wider range of packaged and refrigerated foods.

DK vs HRL — Head-to-Head

Bigger by revenue
HRL
HRL
1.2× larger
HRL
$3.0B
$2.6B
DK
Growing faster (revenue YoY)
HRL
HRL
+5.9% gap
HRL
1.0%
-4.9%
DK
Higher net margin
HRL
HRL
13.7% more per $
HRL
6.0%
-7.7%
DK
Faster 2-yr revenue CAGR
HRL
HRL
Annualised
HRL
2.4%
-10.8%
DK

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
DK
DK
HRL
HRL
Revenue
$2.6B
$3.0B
Net Profit
$-201.3M
$181.8M
Gross Margin
-5.8%
15.5%
Operating Margin
8.0%
Net Margin
-7.7%
6.0%
Revenue YoY
-4.9%
1.0%
Net Profit YoY
6.6%
EPS (diluted)
$-3.34
$0.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DK
DK
HRL
HRL
Q1 26
$2.6B
$3.0B
Q4 25
$2.4B
$3.2B
Q3 25
$2.9B
$3.0B
Q2 25
$2.8B
$2.9B
Q1 25
$2.6B
$3.0B
Q4 24
$2.4B
$3.1B
Q3 24
$3.0B
$2.9B
Q2 24
$3.3B
$2.9B
Net Profit
DK
DK
HRL
HRL
Q1 26
$-201.3M
$181.8M
Q4 25
$78.3M
$-56.1M
Q3 25
$178.0M
$183.7M
Q2 25
$-106.4M
$180.0M
Q1 25
$-172.7M
$170.6M
Q4 24
$-413.8M
$220.2M
Q3 24
$-76.8M
$176.7M
Q2 24
$-37.2M
$189.3M
Gross Margin
DK
DK
HRL
HRL
Q1 26
-5.8%
15.5%
Q4 25
9.3%
14.0%
Q3 25
13.8%
16.1%
Q2 25
1.9%
16.7%
Q1 25
-2.4%
15.9%
Q4 24
-5.7%
16.6%
Q3 24
-0.7%
16.8%
Q2 24
0.5%
17.4%
Operating Margin
DK
DK
HRL
HRL
Q1 26
8.0%
Q4 25
6.8%
0.1%
Q3 25
10.2%
7.9%
Q2 25
-1.2%
8.6%
Q1 25
-4.8%
7.6%
Q4 24
-17.0%
9.4%
Q3 24
-4.0%
8.2%
Q2 24
0.1%
8.7%
Net Margin
DK
DK
HRL
HRL
Q1 26
-7.7%
6.0%
Q4 25
3.2%
-1.8%
Q3 25
6.2%
6.1%
Q2 25
-3.8%
6.2%
Q1 25
-6.5%
5.7%
Q4 24
-17.4%
7.0%
Q3 24
-2.5%
6.1%
Q2 24
-1.1%
6.6%
EPS (diluted)
DK
DK
HRL
HRL
Q1 26
$-3.34
$0.33
Q4 25
$1.23
$-0.10
Q3 25
$2.93
$0.33
Q2 25
$-1.76
$0.33
Q1 25
$-2.78
$0.31
Q4 24
$-6.48
$0.41
Q3 24
$-1.20
$0.32
Q2 24
$-0.58
$0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DK
DK
HRL
HRL
Cash + ST InvestmentsLiquidity on hand
$624.1M
$867.9M
Total DebtLower is stronger
$3.2B
$2.9B
Stockholders' EquityBook value
$302.0M
Total Assets
$7.6B
$13.3B
Debt / EquityLower = less leverage
10.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DK
DK
HRL
HRL
Q1 26
$624.1M
$867.9M
Q4 25
$625.8M
$703.6M
Q3 25
$630.9M
$630.7M
Q2 25
$615.5M
$699.0M
Q1 25
$623.8M
$866.4M
Q4 24
$735.6M
$766.6M
Q3 24
$1.0B
$561.9M
Q2 24
$657.9M
$1.5B
Total Debt
DK
DK
HRL
HRL
Q1 26
$3.2B
$2.9B
Q4 25
$3.2B
$2.9B
Q3 25
$3.2B
$2.9B
Q2 25
$3.1B
$2.9B
Q1 25
$3.0B
$2.9B
Q4 24
$2.8B
$2.9B
Q3 24
$2.8B
$2.9B
Q2 24
$2.5B
$2.9B
Stockholders' Equity
DK
DK
HRL
HRL
Q1 26
$302.0M
Q4 25
$547.3M
$7.9B
Q3 25
$444.8M
$8.1B
Q2 25
$294.9M
$8.0B
Q1 25
$429.4M
$8.0B
Q4 24
$575.2M
$8.0B
Q3 24
$875.4M
$7.9B
Q2 24
$982.8M
$7.9B
Total Assets
DK
DK
HRL
HRL
Q1 26
$7.6B
$13.3B
Q4 25
$6.8B
$13.4B
Q3 25
$7.1B
$13.5B
Q2 25
$7.1B
$13.4B
Q1 25
$6.9B
$13.4B
Q4 24
$6.7B
$13.4B
Q3 24
$7.0B
$13.1B
Q2 24
$6.9B
$14.1B
Debt / Equity
DK
DK
HRL
HRL
Q1 26
10.54×
Q4 25
5.91×
0.36×
Q3 25
7.14×
0.35×
Q2 25
10.51×
0.35×
Q1 25
7.07×
0.36×
Q4 24
4.81×
0.36×
Q3 24
3.19×
0.36×
Q2 24
2.50×
0.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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