vs

Side-by-side financial comparison of Hormel Foods (HRL) and TELUS CORP (TU). Click either name above to swap in a different company.

TELUS CORP is the larger business by last-quarter revenue ($3.7B vs $3.0B, roughly 1.2× Hormel Foods). Hormel Foods runs the higher net margin — 6.0% vs -4.8%, a 10.8% gap on every dollar of revenue. On growth, TELUS CORP posted the faster year-over-year revenue change (2.2% vs 1.0%).

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.

Telus Corporation is a Canadian publicly traded holding company and conglomerate, headquartered in Vancouver, British Columbia, which is the parent company of several subsidiaries: Telus Communications offers telephony, television, data and Internet services; Telus Mobility offers wireless services; Telus Health operates companies that provide health products and services; and Telus Digital operates worldwide, providing multilingual customer service outsourcing and digital IT services. Telus ...

HRL vs TU — Head-to-Head

Bigger by revenue
TU
TU
1.2× larger
TU
$3.7B
$3.0B
HRL
Growing faster (revenue YoY)
TU
TU
+1.2% gap
TU
2.2%
1.0%
HRL
Higher net margin
HRL
HRL
10.8% more per $
HRL
6.0%
-4.8%
TU

Income Statement — Q2 FY2026 vs Q2 FY2025

Metric
HRL
HRL
TU
TU
Revenue
$3.0B
$3.7B
Net Profit
$181.8M
$-178.8M
Gross Margin
15.5%
90.2%
Operating Margin
8.0%
3.4%
Net Margin
6.0%
-4.8%
Revenue YoY
1.0%
2.2%
Net Profit YoY
6.6%
-210.9%
EPS (diluted)
$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
HRL
HRL
TU
TU
Q1 26
$3.0B
Q4 25
$3.2B
Q3 25
$3.0B
Q2 25
$2.9B
$3.7B
Q1 25
$3.0B
Q4 24
$3.1B
Q3 24
$2.9B
Q2 24
$2.9B
$3.6B
Net Profit
HRL
HRL
TU
TU
Q1 26
$181.8M
Q4 25
$-56.1M
Q3 25
$183.7M
Q2 25
$180.0M
$-178.8M
Q1 25
$170.6M
Q4 24
$220.2M
Q3 24
$176.7M
Q2 24
$189.3M
$161.3M
Gross Margin
HRL
HRL
TU
TU
Q1 26
15.5%
Q4 25
14.0%
Q3 25
16.1%
Q2 25
16.7%
90.2%
Q1 25
15.9%
Q4 24
16.6%
Q3 24
16.8%
Q2 24
17.4%
87.9%
Operating Margin
HRL
HRL
TU
TU
Q1 26
8.0%
Q4 25
0.1%
Q3 25
7.9%
Q2 25
8.6%
3.4%
Q1 25
7.6%
Q4 24
9.4%
Q3 24
8.2%
Q2 24
8.7%
13.7%
Net Margin
HRL
HRL
TU
TU
Q1 26
6.0%
Q4 25
-1.8%
Q3 25
6.1%
Q2 25
6.2%
-4.8%
Q1 25
5.7%
Q4 24
7.0%
Q3 24
6.1%
Q2 24
6.6%
4.4%
EPS (diluted)
HRL
HRL
TU
TU
Q1 26
$0.33
Q4 25
$-0.10
Q3 25
$0.33
Q2 25
$0.33
Q1 25
$0.31
Q4 24
$0.41
Q3 24
$0.32
Q2 24
$0.34

Balance Sheet & Financial Strength

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

Metric
HRL
HRL
TU
TU
Cash + ST InvestmentsLiquidity on hand
$867.9M
$2.7B
Total DebtLower is stronger
$2.9B
Stockholders' EquityBook value
$11.8B
Total Assets
$13.3B
$44.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HRL
HRL
TU
TU
Q1 26
$867.9M
Q4 25
$703.6M
Q3 25
$630.7M
Q2 25
$699.0M
$2.7B
Q1 25
$866.4M
Q4 24
$766.6M
Q3 24
$561.9M
Q2 24
$1.5B
$676.7M
Total Debt
HRL
HRL
TU
TU
Q1 26
$2.9B
Q4 25
$2.9B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$2.9B
Q4 24
$2.9B
Q3 24
$2.9B
Q2 24
$2.9B
Stockholders' Equity
HRL
HRL
TU
TU
Q1 26
Q4 25
$7.9B
Q3 25
$8.1B
Q2 25
$8.0B
$11.8B
Q1 25
$8.0B
Q4 24
$8.0B
Q3 24
$7.9B
Q2 24
$7.9B
$12.4B
Total Assets
HRL
HRL
TU
TU
Q1 26
$13.3B
Q4 25
$13.4B
Q3 25
$13.5B
Q2 25
$13.4B
$44.3B
Q1 25
$13.4B
Q4 24
$13.4B
Q3 24
$13.1B
Q2 24
$14.1B
$41.8B
Debt / Equity
HRL
HRL
TU
TU
Q1 26
Q4 25
0.36×
Q3 25
0.35×
Q2 25
0.35×
Q1 25
0.36×
Q4 24
0.36×
Q3 24
0.36×
Q2 24
0.36×

Cash Flow & Capital Efficiency

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

Metric
HRL
HRL
TU
TU
Operating Cash FlowLast quarter
$851.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HRL
HRL
TU
TU
Q1 26
Q4 25
$322.9M
Q3 25
$156.7M
Q2 25
$56.4M
$851.2M
Q1 25
$309.2M
Q4 24
$408.6M
Q3 24
$218.0M
Q2 24
$236.1M
$1.0B
Free Cash Flow
HRL
HRL
TU
TU
Q1 26
Q4 25
$231.4M
Q3 25
$84.5M
Q2 25
$-18.6M
Q1 25
$237.0M
Q4 24
$324.8M
Q3 24
$152.5M
Q2 24
$176.2M
FCF Margin
HRL
HRL
TU
TU
Q1 26
Q4 25
7.3%
Q3 25
2.8%
Q2 25
-0.6%
Q1 25
7.9%
Q4 24
10.4%
Q3 24
5.3%
Q2 24
6.1%
Capex Intensity
HRL
HRL
TU
TU
Q1 26
Q4 25
2.9%
Q3 25
2.4%
Q2 25
2.6%
Q1 25
2.4%
Q4 24
2.7%
Q3 24
2.3%
Q2 24
2.1%
Cash Conversion
HRL
HRL
TU
TU
Q1 26
Q4 25
Q3 25
0.85×
Q2 25
0.31×
Q1 25
1.81×
Q4 24
1.86×
Q3 24
1.23×
Q2 24
1.25×
6.28×

Financial Flow Comparison

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

Related Comparisons