Hormel Foods (HRL) Debt Ratio (2009 - 2026)
Hormel Foods' (HRL) quarterly Debt Ratio came in at 0.21 in Q3 2026, up 1.48% year-over-year from 0.21 in Q3 2025, and little changed quarter-over-quarter from 0.21 in Q2 2026.
Analysis
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 Q3 2026.
- On a quarterly basis, Debt Ratio rose 1.48% year-over-year to 0.21 in Q3 2026; TTM through Jul 2026 was 0.21, a 1.48% increase from a year earlier, with the FY2025 full-year figure at 0.21, changed 0.26% from the prior year.
- Debt Ratio was 0.21 for Q3 2026 at Hormel Foods, roughly flat from 0.21 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.27 in Q2 2024 and troughed at 0.21 in Q3 2025.
- A 5-year average of 0.23 and a median of 0.25 in 2024 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio jumped 137.04% in 2022 and slipped 21.0% in 2025, its largest moves.
- Over 5 years, Debt Ratio stood at 0.25 in 2022, then fell by 0.76% to 0.25 in 2023, then retreated by 13.52% to 0.21 in 2024, then climbed by 0.26% to 0.21 in 2025, then climbed by 0.68% to 0.21 in 2026.
- The last three Debt Ratio figures came in at 0.21 (Q3 2026), 0.21 (Q2 2026), and 0.21 (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.47 Bn | 26.90 Bn | 2.03 Bn | 0.26 |
| 2 | General Mills | 20.43 Bn | 19.99 Bn | 1.60 Bn | 0.49 |
| 3 | Mccormick | 14.02 Bn | 14.26 Bn | 778.20 Mn | 0.38 |
| 4 | J M Smucker | 13.47 Bn | 13.43 Bn | 979.60 Mn | 0.43 |
| 5 | Hormel Foods | 11.85 Bn | 11.00 Bn | 471.52 Mn | 0.21 |
| 6 | Chewy | 9.70 Bn | 9.18 Bn | 1.01 Bn | - |
| 7 | Conagra Brands | 7.41 Bn | 7.19 Bn | 704.10 Mn | 0.47 |
| 8 | Lamb Weston Holdings | 6.86 Bn | 6.79 Bn | 361.40 Mn | 0.57 |
| 9 | Campbell'S | 6.38 Bn | 5.98 Bn | 650.00 Mn | 0.46 |
| 10 | Post Holdings | 3.72 Bn | 3.47 Bn | 566.30 Mn | 0.59 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 0.21 |
| 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 |