HRL vs. KHC
HRL (Hormel Foods Corporation) and KHC (The Kraft Heinz Company) are both stocks. Both operate in the Packaged Foods industry within the Consumer Defensive sector. Over the past 10 years, HRL returned -1.19%/yr vs -8.39%/yr for KHC. At a 0.48 correlation, their price movements are largely independent.
Performance
HRL vs. KHC - Performance Comparison
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Returns By Period
In the year-to-date period, HRL achieves a 4.49% return, which is significantly higher than KHC's -5.96% return. Over the past 10 years, HRL has outperformed KHC with an annualized return of -1.19%, while KHC has yielded a comparatively lower -8.39% annualized return.
HRL
- 1D
- -0.21%
- 1M
- 13.51%
- YTD
- 4.49%
- 6M
- 2.67%
- 1Y
- -16.76%
- 3Y*
- -12.46%
- 5Y*
- -9.75%
- 10Y*
- -1.19%
KHC
- 1D
- -3.46%
- 1M
- -5.72%
- YTD
- -5.96%
- 6M
- -5.57%
- 1Y
- -8.88%
- 3Y*
- -10.28%
- 5Y*
- -6.80%
- 10Y*
- -8.39%
HRL vs. KHC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HRL Hormel Foods Corporation | 4.49% | -21.27% | 1.21% | -27.49% | -4.67% | 6.99% | 5.38% | 7.85% | 19.68% | 6.72% |
KHC The Kraft Heinz Company | -5.96% | -16.31% | -12.96% | -5.04% | 18.18% | 7.98% | 13.78% | -21.20% | -42.25% | -8.37% |
Correlation
The correlation between HRL and KHC is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2015 | 0.48 |
The correlation between HRL and KHC has been stable across timeframes, ranging from 0.48 to 0.55 - a consistent structural relationship.
Fundamentals
HRL:
$13.28B
KHC:
$26.17B
HRL:
$0.85
KHC:
-$4.85
HRL:
1.09
KHC:
1.05
HRL:
1.22
KHC:
0.62
HRL:
$12.22B
KHC:
$24.99B
HRL:
$1.92B
KHC:
$8.46B
HRL:
$868.07M
KHC:
-$3.86B
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Return for Risk
HRL vs. KHC — Risk / Return Rank
HRL
KHC
HRL vs. KHC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hormel Foods Corporation (HRL) and The Kraft Heinz Company (KHC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HRL | KHC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.96 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | -0.38 | -0.11 |
| Martin ratioReturn relative to average drawdown | -0.76 | -0.68 | -0.08 |
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Drawdowns
HRL vs. KHC - Drawdown Comparison
The maximum HRL drawdown since its inception was -58.46%, smaller than the maximum KHC drawdown of -76.07%. Use the drawdown chart below to compare losses from any high point for HRL and KHC.
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Drawdown Indicators
| HRL | KHC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.46% | -76.07% | +17.61% |
Max Drawdown (1Y)Largest decline over 1 year | -34.29% | -23.19% | -11.10% |
Max Drawdown (3Y)Largest decline over 3 years | -46.94% | -38.72% | -8.22% |
Max Drawdown (5Y)Largest decline over 5 years | -58.46% | -41.69% | -16.77% |
Max Drawdown (10Y)Largest decline over 10 years | -58.46% | -76.07% | +17.61% |
Current DrawdownCurrent decline from peak | -49.27% | -64.42% | +15.15% |
Average DrawdownAverage peak-to-trough decline | -11.89% | -42.47% | +30.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.06% | 13.04% | +9.02% |
Volatility
HRL vs. KHC - Volatility Comparison
Hormel Foods Corporation (HRL) has a higher volatility of 12.52% compared to The Kraft Heinz Company (KHC) at 8.57%. This indicates that HRL's price experiences larger fluctuations and is considered to be riskier than KHC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HRL | KHC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.52% | 8.57% | +3.95% |
Volatility (6M)Calculated over the trailing 6-month period | 20.63% | 19.37% | +1.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.61% | 25.99% | +3.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.09% | 22.50% | +1.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.32% | 27.14% | -3.82% |
Dividends
HRL vs. KHC - Dividend Comparison
HRL's dividend yield for the trailing twelve months is around 4.83%, less than KHC's 7.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRL Hormel Foods Corporation | 4.83% | 4.89% | 3.60% | 3.43% | 2.28% | 2.01% | 2.00% | 1.86% | 1.76% | 1.87% | 1.67% | 1.26% |
KHC The Kraft Heinz Company | 7.26% | 6.60% | 5.21% | 4.33% | 3.93% | 4.46% | 4.62% | 4.98% | 5.81% | 3.15% | 2.69% | 25.01% |
Financials
HRL vs. KHC - Financials Comparison
This section allows you to compare key financial metrics between Hormel Foods Corporation and The Kraft Heinz Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HRL vs. KHC - Profitability Comparison
HRL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hormel Foods Corporation reported a gross profit of 518.51M and revenue of 2.97B. Therefore, the gross margin over that period was 17.4%.
KHC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Kraft Heinz Company reported a gross profit of 2.22B and revenue of 6.05B. Therefore, the gross margin over that period was 36.7%.
HRL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hormel Foods Corporation reported an operating income of 217.11M and revenue of 2.97B, resulting in an operating margin of 7.3%.
KHC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Kraft Heinz Company reported an operating income of 1.15B and revenue of 6.05B, resulting in an operating margin of 18.9%.
HRL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hormel Foods Corporation reported a net income of 157.50M and revenue of 2.97B, resulting in a net margin of 5.3%.
KHC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Kraft Heinz Company reported a net income of 798.00M and revenue of 6.05B, resulting in a net margin of 13.2%.
Frequently Asked Questions
HRL and KHC have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HRL has higher volatility (12.52%) compared to KHC (8.57%). In terms of maximum drawdown, HRL dropped -58.46% vs KHC's -76.07%.
KHC currently has the higher Sharpe Ratio (-0.34 vs -0.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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