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
DateValue
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