Hormel Foods (HRL) Debt Ratio (2009 - 2026)

Hormel Foods' (HRL) quarterly Debt Ratio came in at 0.21 in Q2 2026, up 0.52% year-on-year from 0.21 in Q2 2025, and little changed on a QoQ basis from 0.21 in Q1 2026.

Hormel Foods (HRL) Debt Ratio (2009 - 2026) Analysis & Trends

Hormel Foods (HRL) has 18 years of Debt Ratio data on file, last reported at 0.21 in Q2 2026.

  • On a quarterly basis, Debt Ratio rose 0.52% year-over-year to 0.21 in Q2 2026; TTM through Apr 2026 was 0.21, a 0.52% increase from a year earlier, with the FY2025 full-year figure at 0.21, changed 0.26% from the prior year.
  • Debt Ratio for Q2 2026 stood at 0.21, roughly flat from 0.21 in the prior quarter.
  • Over the last five years, Debt Ratio for HRL reached as high as 0.27 in Q2 2024 and fell as low as 0.21 in Q3 2025.
  • Historically, Debt Ratio has averaged 0.23 across 5 years, with a median of 0.25 in 2023.
  • Across the five-year window, Debt Ratio soared 137.04% in 2022 and decreased 21.0% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 0.25 in 2022, then dropped by 0.76% to 0.25 in 2023, then declined by 13.52% to 0.21 in 2024, then gained by 0.26% to 0.21 in 2025, then gained by 0.33% to 0.21 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.21 in Q2 2026, 0.21 in Q1 2026, and 0.21 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn 0.26
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn 0.45
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 0.21
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 0.22
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - 0.44
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn 0.17
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 0.39
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn 0.42
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn 0.53
10 Pilgrims Pride 6.64 Bn 6.11 Bn 345.49 Mn 0.30

Historic Data

Download Data
DateValue
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