Hormel Foods (HRL) Debt Ratio (2009 - 2026)
Hormel Foods (HRL) posted quarterly Debt Ratio of 0.21 for Q2 2026, up 0.52% year-over-year from 0.21 in Q2 2025, and little changed quarter-over-quarter from 0.21 in Q1 2026.
Hormel Foods (HRL) Debt Ratio (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Debt Ratio for 18 consecutive years, with 0.21 the latest figure, recorded in Q2 2026.
- In Q2 2026, Debt Ratio rose 0.52% year-over-year to 0.21; the TTM figure through Apr 2026 stood at 0.21 (up 0.52% YoY), while the FY2025 annual figure was 0.21, changed 0.26% from the prior year.
- Debt Ratio held at 0.21 in Q2 2026 per HRL's latest filing, from 0.21 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.27 in Q2 2024 and bottomed at 0.21 in Q3 2025.
- Historically, Debt Ratio has averaged 0.23 across 5 years, with a median of 0.25 in 2023.
- Annual changes were most pronounced in 2022 — Debt Ratio surged 137.04% — and 2025, when it dropped 21.0%.
- Hormel Foods' Debt Ratio stood at 0.25 in 2022, then decreased by 0.76% to 0.25 in 2023, then slipped by 13.52% to 0.21 in 2024, then increased by 0.26% to 0.21 in 2025, then increased by 0.33% to 0.21 in 2026.
- Business Quant data shows HRL's Debt Ratio at 0.21 in Q2 2026, 0.21 in Q1 2026, and 0.21 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 0.26 |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 0.48 |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 0.30 |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 0.49 |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 0.21 |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 0.43 |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | 0.35 |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 0.36 |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 0.17 |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | 0.46 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 0.21 |
| Jan 25, 2026 | 0.21 |
| Oct 26, 2025 | 0.21 |
| Jul 27, 2025 | 0.21 |
| Apr 27, 2025 | 0.21 |
| Jan 26, 2025 | 0.21 |
| Oct 27, 2024 | 0.21 |
| Jul 28, 2024 | 0.22 |
| Apr 28, 2024 | 0.27 |
| Jan 28, 2024 | 0.25 |
| Oct 29, 2023 | 0.25 |
| Jul 30, 2023 | 0.25 |
| Apr 30, 2023 | 0.25 |
| Jan 29, 2023 | 0.25 |
| Oct 30, 2022 | 0.25 |
| Jul 31, 2022 | 0.25 |
| May 1, 2022 | 0.25 |
| Jan 30, 2022 | 0.26 |
| Oct 31, 2021 | 0.26 |
| Jul 25, 2021 | 0.27 |