Hormel Foods (HRL) Interest Expenses (2009 - 2026)
Hormel Foods' (HRL) quarterly Interest Expenses came in at $19.6 million in Q3 2026, up 0.89% year-over-year from $19.5 million in Q3 2025, and down 0.94% quarter-over-quarter from $19.8 million in Q2 2026.
Analysis
Hormel Foods (HRL) Interest Expenses (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Interest Expenses for 18 consecutive years, with $19.6 million the latest figure, recorded in Q3 2026.
- On a quarterly basis, Interest Expenses rose 0.89% year-over-year to $19.6 million in Q3 2026; TTM through Jul 2026 was $78.8 million, a 1.18% increase from a year earlier, with the FY2025 full-year figure at $78.0 million, down 3.53% from the prior year.
- Interest Expenses was $19.6 million for Q3 2026 at Hormel Foods, down from $19.8 million in the prior quarter.
- Over five years, Interest Expenses peaked at $21.7 million in Q2 2024 and troughed at $14.6 million in Q1 2022.
- A 5-year average of $18.6 million and a median of $19.4 million in 2024 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses soared 88.21% in 2022 and decreased 9.98% in 2025, its largest moves.
- Over 5 years, Interest Expenses stood at $17.6 million in 2022, then advanced by 4.31% to $18.4 million in 2023, then advanced by 5.83% to $19.4 million in 2024, then increased by 0.87% to $19.6 million in 2025, then rose by 0.18% to $19.6 million in 2026.
- The last three Interest Expenses figures came in at $19.6 million (Q3 2026), $19.8 million (Q2 2026), and $19.7 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 28.93 Bn | 26.25 Bn | 2.03 Bn | -31.00 Mn |
| 2 | General Mills | 19.30 Bn | 18.85 Bn | 1.60 Bn | - |
| 3 | Mccormick | 13.76 Bn | 13.43 Bn | 778.20 Mn | 62.70 Mn |
| 4 | J M Smucker | 12.92 Bn | 12.88 Bn | 979.60 Mn | - |
| 5 | Hormel Foods | 11.47 Bn | 10.60 Bn | 471.52 Mn | 19.64 Mn |
| 6 | Chewy | 8.74 Bn | 8.22 Bn | 1.01 Bn | - |
| 7 | Conagra Brands | 7.04 Bn | 6.82 Bn | 704.10 Mn | - |
| 8 | Lamb Weston Holdings | 6.57 Bn | 6.50 Bn | 361.40 Mn | - |
| 9 | Campbell'S | 6.23 Bn | 5.83 Bn | 650.00 Mn | 83.00 Mn |
| 10 | Post Holdings | 3.62 Bn | 3.36 Bn | 566.30 Mn | 108.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 19.64 Mn |
| Apr 26, 2026 | 19.82 Mn |
| Jan 25, 2026 | 19.73 Mn |
| Oct 26, 2025 | 19.60 Mn |
| Jul 27, 2025 | 19.46 Mn |
| Apr 27, 2025 | 19.52 Mn |
| Jan 26, 2025 | 19.46 Mn |
| Oct 27, 2024 | 19.43 Mn |
| Jul 28, 2024 | 21.46 Mn |
| Apr 28, 2024 | 21.68 Mn |
| Jan 28, 2024 | 18.33 Mn |
| Oct 29, 2023 | 18.36 Mn |
| Jul 30, 2023 | 18.37 Mn |
| Apr 30, 2023 | 18.32 Mn |
| Jan 29, 2023 | 18.35 Mn |
| Oct 30, 2022 | 17.60 Mn |
| Jul 31, 2022 | 15.62 Mn |
| May 1, 2022 | 14.66 Mn |
| Jan 30, 2022 | 14.64 Mn |
| Oct 31, 2021 | 15.59 Mn |