Hormel Foods (HRL) Interest Coverage Ratio (2009 - 2026)
Hormel Foods (HRL) posted quarterly Interest Coverage Ratio of 10.95 for Q2 2026, down 13.93% year-over-year from 12.73 in Q2 2025, and down 11.33% quarter-over-quarter from 12.35 in Q1 2026.
Hormel Foods (HRL) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Interest Coverage Ratio for 18 consecutive years, with 10.95 the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 13.93% year-over-year to 10.95; the TTM figure through Apr 2026 stood at 8.94 (down 69.32% YoY), while the FY2025 annual figure was 9.21, down 26.94% from the prior year.
- Interest Coverage Ratio fell to 10.95 in Q2 2026 per HRL's latest filing, from 12.35 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 20.86 in Q4 2022 and bottomed at 11.39 in Q4 2024.
- Historically, Interest Coverage Ratio has averaged 11.74 across 5 years, with a median of 12.54 in 2025.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 143.23% — and 2024, when it sank 177.47%.
- Hormel Foods' Interest Coverage Ratio stood at 20.86 in 2022, then retreated by 29.49% to 14.71 in 2023, then slumped by 177.47% to 11.39 in 2024, then jumped by 100.97% to 0.11 in 2025, then jumped by 9779.45% to 10.95 in 2026.
- Business Quant data shows HRL's Interest Coverage Ratio at 10.95 in Q2 2026, 12.35 in Q1 2026, and 0.11 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 207.45 |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | - |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 4.41 |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 0.82 |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 10.95 |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | - |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 10.00 |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 36.25 |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 10.95 |
| Jan 25, 2026 | 12.35 |
| Oct 26, 2025 | 0.11 |
| Jul 27, 2025 | 12.32 |
| Apr 27, 2025 | 12.73 |
| Jan 26, 2025 | 11.73 |
| Oct 27, 2024 | -11.39 |
| Jul 28, 2024 | 11.03 |
| Apr 28, 2024 | 11.64 |
| Jan 28, 2024 | 15.52 |
| Oct 29, 2023 | 14.71 |
| Jul 30, 2023 | 11.06 |
| Apr 30, 2023 | 15.33 |
| Jan 29, 2023 | 15.78 |
| Oct 30, 2022 | 20.86 |
| Jul 31, 2022 | 14.93 |
| May 1, 2022 | 15.94 |
| Jan 30, 2022 | 15.83 |
| Oct 31, 2021 | -48.25 |
| Jul 25, 2021 | 8.47 |