Hormel Foods (HRL) Asset Utilization Ratio (2010 - 2026)
Hormel Foods (HRL) posted quarterly Asset Utilization Ratio of 0.92 for Q2 2026, up 3.1% year-over-year from 0.89 in Q2 2025, and up 0.79% quarter-over-quarter from 0.91 in Q1 2026.
Hormel Foods (HRL) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Asset Utilization Ratio for 17 consecutive years, with 0.92 the latest figure, recorded in Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 3.1% year-over-year to 0.92; the TTM figure through Apr 2026 stood at 0.92 (up 3.1% YoY), while the FY2025 annual figure was 0.9, up 1.77% from the prior year.
- Asset Utilization Ratio improved to 0.92 in Q2 2026 per HRL's latest filing, from 0.91 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.96 in Q3 2022 and bottomed at 0.87 in Q2 2024.
- Historically, Asset Utilization Ratio has averaged 0.91 across 5 years, with a median of 0.91 in 2023.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio grew 3.55% — and 2024, when it decreased 5.53%.
- Hormel Foods' Asset Utilization Ratio stood at 0.94 in 2022, then declined by 4.35% to 0.9 in 2023, then declined by 0.35% to 0.9 in 2024, then grew by 0.27% to 0.9 in 2025, then gained by 1.79% to 0.92 in 2026.
- Business Quant data shows HRL's Asset Utilization Ratio at 0.92 in Q2 2026, 0.91 in Q1 2026, and 0.9 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | 0.32 |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | 0.59 |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 0.45 |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 3.37 |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | 0.56 |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 0.92 |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 0.58 |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 1.29 |
| 10 | Conagra Brands | 7.86 Bn | 7.64 Bn | 704.10 Mn | 0.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 0.92 |
| Jan 25, 2026 | 0.91 |
| Oct 26, 2025 | 0.90 |
| Jul 27, 2025 | 0.90 |
| Apr 27, 2025 | 0.89 |
| Jan 26, 2025 | 0.89 |
| Oct 27, 2024 | 0.90 |
| Jul 28, 2024 | 0.88 |
| Apr 28, 2024 | 0.87 |
| Jan 28, 2024 | 0.90 |
| Oct 29, 2023 | 0.90 |
| Jul 30, 2023 | 0.91 |
| Apr 30, 2023 | 0.92 |
| Jan 29, 2023 | 0.93 |
| Oct 30, 2022 | 0.94 |
| Jul 31, 2022 | 0.96 |
| May 1, 2022 | 0.96 |
| Jan 30, 2022 | 0.94 |
| Oct 31, 2021 | 0.91 |
| Jul 25, 2021 | 0.93 |