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| 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 |