Hormel Foods (HRL) Interest Coverage Ratio (2009 - 2026)
Hormel Foods' (HRL) quarterly Interest Coverage Ratio came in at 10.95 in Q2 2026, down 13.93% year-on-year from 12.73 in Q2 2025, and down 11.33% on a QoQ basis from 12.35 in Q1 2026.
Hormel Foods (HRL) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has 18 years of Interest Coverage Ratio data on file, last reported at 10.95 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 13.93% year-over-year to 10.95 in Q2 2026; TTM through Apr 2026 was 16.22, a 44.32% decrease from a year earlier, with the FY2025 full-year figure at 9.21, down 26.94% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 10.95, down from 12.35 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for HRL reached as high as 20.86 in Q4 2022 and fell as low as 11.39 in Q4 2024.
- Historically, Interest Coverage Ratio has averaged 11.73 across 5 years, with a median of 12.54 in 2025.
- Across the five-year window, Interest Coverage Ratio tumbled 177.47% in 2024 and jumped 98.78% in 2025, its largest moves.
- Year by year, Interest Coverage Ratio stood at 20.86 in 2022, then slipped by 29.49% to 14.71 in 2023, then slumped by 177.47% to 11.39 in 2024, then soared by 98.78% to 0.14 in 2025, then surged by 8011.12% to 10.95 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 10.95 in Q2 2026, 12.35 in Q1 2026, and 0.14 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | 4.85 |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | 8.92 |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 10.95 |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 4.41 |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 41.63 |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 4.19 |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | 1.82 |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | -4.79 |
| 10 | Lamb Weston Holdings | 6.87 Bn | 6.81 Bn | 331.60 Mn | 9.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 10.95 |
| Jan 25, 2026 | 12.35 |
| Oct 26, 2025 | -0.14 |
| 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 | 22.94 |
| Jul 25, 2021 | 8.47 |