Hormel Foods (HRL) Interest Coverage Ratio (2009 - 2026)
Hormel Foods' (HRL) Interest Coverage Ratio stood at 5.65 in fiscal Q3 2026 (quarter ended Jul 26, 2026), down 54.2% from 12.32 a year earlier and down 48.4% from the prior quarter.
Hormel Foods (HRL) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Hormel Foods' Interest Coverage Ratio came in at 7.28 as of Jul 26, 2026, down 43.9% year-over-year; for FY2025 (ended Oct 26, 2025), it came in at 9.21, down 30.2% from FY2024.
- Annual Interest Coverage Ratio has declined for six straight fiscal years.
- Across earlier fiscal years, Interest Coverage Ratio came in at 13.20 in FY2024 (-9.6%), 14.61 in FY2023 (-30.4%), 21.00 in FY2022 (-19.0%) and 25.92 in FY2021 (-50.4%).
- Quarterly Interest Coverage Ratio has ranged from 0.11 in fiscal Q4 2025 to 22.94 in fiscal Q4 2021 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio rose in four of the last eight quarters, with an average decline of 20.3%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 11.7% in fiscal Q3 2025, against a decline of 99.3% in fiscal Q4 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 10.95 (Q2 2026), 12.35 (Q1 2026) and 0.11 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 133.59 Bn | 108.95 Bn | - | - |
| 2 | Mondelez International | 75.71 Bn | 69.03 Bn | 3.99 Bn | - |
| 3 | Hershey | 32.64 Bn | 28.88 Bn | 1.26 Bn | - |
| 4 | Kraft Heinz | 27.82 Bn | 14.35 Bn | 2.03 Bn | -207.45 |
| 5 | General Mills | 18.09 Bn | 15.75 Bn | 1.49 Bn | - |
| 6 | Mccormick | 13.03 Bn | 12.90 Bn | 778.20 Mn | 4.41 |
| 7 | J M Smucker | 12.89 Bn | 12.68 Bn | 979.60 Mn | - |
| 8 | Hormel Foods | 10.92 Bn | 7.61 Bn | 471.52 Mn | 5.65 |
| 9 | Chewy | 7.33 Bn | 4.62 Bn | 1.01 Bn | - |
| 10 | Conagra Brands | 6.75 Bn | 5.73 Bn | 704.10 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 5.65 |
| 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 | 15.16 |
| Jul 28, 2024 | 11.03 |
| Apr 28, 2024 | 11.64 |
| Jan 28, 2024 | 15.52 |
| Oct 29, 2023 | 14.71 |
| Jul 30, 2023 | 11.80 |
| Apr 30, 2023 | 16.14 |
| Jan 29, 2023 | 15.78 |
| Oct 30, 2022 | 20.86 |
| Jul 31, 2022 | 18.64 |
| May 1, 2022 | 22.84 |
| Jan 30, 2022 | 21.84 |
| Oct 31, 2021 | 22.94 |
Hormel Foods Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=HRL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "HRL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=HRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();