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Side-by-side financial comparison of Hyatt Hotels Corp (H) and Hormel Foods (HRL). Click either name above to swap in a different company.

Hormel Foods is the larger business by last-quarter revenue ($3.2B vs $1.8B, roughly 1.8× Hyatt Hotels Corp). Hyatt Hotels Corp runs the higher net margin — -1.1% vs -1.8%, a 0.6% gap on every dollar of revenue. On growth, Hyatt Hotels Corp posted the faster year-over-year revenue change (11.7% vs 1.5%). Hyatt Hotels Corp produced more free cash flow last quarter ($236.0M vs $231.4M). Over the past eight quarters, Hormel Foods's revenue compounded faster (3.1% CAGR vs 2.2%).

Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across North America, South America, Europe, Asia, Africa and Australia.

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.

H vs HRL — Head-to-Head

Bigger by revenue
HRL
HRL
1.8× larger
HRL
$3.2B
$1.8B
H
Growing faster (revenue YoY)
H
H
+10.2% gap
H
11.7%
1.5%
HRL
Higher net margin
H
H
0.6% more per $
H
-1.1%
-1.8%
HRL
More free cash flow
H
H
$4.6M more FCF
H
$236.0M
$231.4M
HRL
Faster 2-yr revenue CAGR
HRL
HRL
Annualised
HRL
3.1%
2.2%
H

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
H
H
HRL
HRL
Revenue
$1.8B
$3.2B
Net Profit
$-20.0M
$-56.1M
Gross Margin
14.0%
Operating Margin
0.4%
0.1%
Net Margin
-1.1%
-1.8%
Revenue YoY
11.7%
1.5%
Net Profit YoY
64.3%
-125.5%
EPS (diluted)
$-0.20
$-0.10

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
H
H
HRL
HRL
Q4 25
$1.8B
$3.2B
Q3 25
$1.8B
$3.0B
Q2 25
$1.8B
$2.9B
Q1 25
$1.7B
$3.0B
Q4 24
$1.6B
$3.1B
Q3 24
$1.6B
$2.9B
Q2 24
$1.7B
$2.9B
Q1 24
$1.7B
$3.0B
Net Profit
H
H
HRL
HRL
Q4 25
$-20.0M
$-56.1M
Q3 25
$-49.0M
$183.7M
Q2 25
$-3.0M
$180.0M
Q1 25
$20.0M
$170.6M
Q4 24
$-56.0M
$220.2M
Q3 24
$471.0M
$176.7M
Q2 24
$359.0M
$189.3M
Q1 24
$522.0M
$218.9M
Gross Margin
H
H
HRL
HRL
Q4 25
14.0%
Q3 25
16.1%
Q2 25
16.7%
Q1 25
15.9%
Q4 24
16.6%
Q3 24
16.8%
Q2 24
17.4%
Q1 24
17.0%
Operating Margin
H
H
HRL
HRL
Q4 25
0.4%
0.1%
Q3 25
-1.0%
7.9%
Q2 25
2.1%
8.6%
Q1 25
3.0%
7.6%
Q4 24
-3.0%
9.4%
Q3 24
37.3%
8.2%
Q2 24
27.1%
8.7%
Q1 24
31.6%
9.5%
Net Margin
H
H
HRL
HRL
Q4 25
-1.1%
-1.8%
Q3 25
-2.7%
6.1%
Q2 25
-0.2%
6.2%
Q1 25
1.2%
5.7%
Q4 24
-3.5%
7.0%
Q3 24
28.9%
6.1%
Q2 24
21.1%
6.6%
Q1 24
30.5%
7.3%
EPS (diluted)
H
H
HRL
HRL
Q4 25
$-0.20
$-0.10
Q3 25
$-0.51
$0.33
Q2 25
$-0.03
$0.33
Q1 25
$0.19
$0.31
Q4 24
$-0.37
$0.41
Q3 24
$4.63
$0.32
Q2 24
$3.46
$0.34
Q1 24
$4.93
$0.40

Balance Sheet & Financial Strength

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

Metric
H
H
HRL
HRL
Cash + ST InvestmentsLiquidity on hand
$813.0M
$703.6M
Total DebtLower is stronger
$2.9B
Stockholders' EquityBook value
$3.3B
$7.9B
Total Assets
$14.0B
$13.4B
Debt / EquityLower = less leverage
0.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
H
H
HRL
HRL
Q4 25
$813.0M
$703.6M
Q3 25
$749.0M
$630.7M
Q2 25
$912.0M
$699.0M
Q1 25
$1.8B
$866.4M
Q4 24
$1.4B
$766.6M
Q3 24
$1.1B
$561.9M
Q2 24
$2.0B
$1.5B
Q1 24
$794.0M
$981.9M
Total Debt
H
H
HRL
HRL
Q4 25
$2.9B
Q3 25
$6.0B
$2.9B
Q2 25
$6.0B
$2.9B
Q1 25
$4.3B
$2.9B
Q4 24
$3.8B
$2.9B
Q3 24
$3.1B
$2.9B
Q2 24
$3.9B
$2.9B
Q1 24
$3.1B
$2.4B
Stockholders' Equity
H
H
HRL
HRL
Q4 25
$3.3B
$7.9B
Q3 25
$3.5B
$8.1B
Q2 25
$3.6B
$8.0B
Q1 25
$3.5B
$8.0B
Q4 24
$3.5B
$8.0B
Q3 24
$3.7B
$7.9B
Q2 24
$3.9B
$7.9B
Q1 24
$3.7B
$7.8B
Total Assets
H
H
HRL
HRL
Q4 25
$14.0B
$13.4B
Q3 25
$15.7B
$13.5B
Q2 25
$15.9B
$13.4B
Q1 25
$14.0B
$13.4B
Q4 24
$13.3B
$13.4B
Q3 24
$11.9B
$13.1B
Q2 24
$12.8B
$14.1B
Q1 24
$11.7B
$13.5B
Debt / Equity
H
H
HRL
HRL
Q4 25
0.36×
Q3 25
1.73×
0.35×
Q2 25
1.69×
0.35×
Q1 25
1.25×
0.36×
Q4 24
1.07×
0.36×
Q3 24
0.85×
0.36×
Q2 24
1.01×
0.36×
Q1 24
0.84×
0.30×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
H
H
HRL
HRL
Operating Cash FlowLast quarter
$313.0M
$322.9M
Free Cash FlowOCF − Capex
$236.0M
$231.4M
FCF MarginFCF / Revenue
13.2%
7.3%
Capex IntensityCapex / Revenue
4.3%
2.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$159.0M
$534.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
H
H
HRL
HRL
Q4 25
$313.0M
$322.9M
Q3 25
$-20.0M
$156.7M
Q2 25
$-67.0M
$56.4M
Q1 25
$153.0M
$309.2M
Q4 24
$235.0M
$408.6M
Q3 24
$-21.0M
$218.0M
Q2 24
$177.0M
$236.1M
Q1 24
$242.0M
$404.0M
Free Cash Flow
H
H
HRL
HRL
Q4 25
$236.0M
$231.4M
Q3 25
$-89.0M
$84.5M
Q2 25
$-111.0M
$-18.6M
Q1 25
$123.0M
$237.0M
Q4 24
$184.0M
$324.8M
Q3 24
$-64.0M
$152.5M
Q2 24
$135.0M
$176.2M
Q1 24
$208.0M
$356.8M
FCF Margin
H
H
HRL
HRL
Q4 25
13.2%
7.3%
Q3 25
-5.0%
2.8%
Q2 25
-6.1%
-0.6%
Q1 25
7.2%
7.9%
Q4 24
11.5%
10.4%
Q3 24
-3.9%
5.3%
Q2 24
7.9%
6.1%
Q1 24
12.1%
11.9%
Capex Intensity
H
H
HRL
HRL
Q4 25
4.3%
2.9%
Q3 25
3.9%
2.4%
Q2 25
2.4%
2.6%
Q1 25
1.7%
2.4%
Q4 24
3.2%
2.7%
Q3 24
2.6%
2.3%
Q2 24
2.5%
2.1%
Q1 24
2.0%
1.6%
Cash Conversion
H
H
HRL
HRL
Q4 25
Q3 25
0.85×
Q2 25
0.31×
Q1 25
7.65×
1.81×
Q4 24
1.86×
Q3 24
-0.04×
1.23×
Q2 24
0.49×
1.25×
Q1 24
0.46×
1.85×

Financial Flow Comparison

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

Revenue Breakdown by Segment

H
H

Other$627.0M35%
Rooms Revenue$326.0M18%
Net Fees$290.0M16%
Distribution Segment$177.0M10%
Franchise And Other Fees$114.0M6%
Base Management Fees$112.0M6%
Incentive Management Fees$81.0M5%
Other Owned And Leased Hotel Revenue$41.0M2%
Contra Revenue$17.0M1%
Other Revenues$4.0M0%

HRL
HRL

Retail Segment$1.9B60%
Foodservice Segment$1.1B34%
Other$174.7M5%

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