Hormel Foods (HRL) Interest Expenses (2009 - 2026)
Hormel Foods' (HRL) quarterly Interest Expenses came in at $19.8 million in Q2 2026, up 1.57% year-on-year from $19.5 million in Q2 2025, and little changed on a QoQ basis from $19.7 million in Q1 2026.
Hormel Foods (HRL) Interest Expenses (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has 18 years of Interest Expenses data on file, last reported at $19.8 million in Q2 2026.
- On a quarterly basis, Interest Expenses rose 1.57% year-over-year to $19.8 million in Q2 2026; TTM through Apr 2026 was $43.3 million, a 25.22% increase from a year earlier, with the FY2025 full-year figure at $78.0 million, down 7.9% from the prior year.
- Interest Expenses for Q2 2026 stood at $19.8 million, roughly flat from $19.7 million in the prior quarter.
- Over the last five years, Interest Expenses for HRL reached as high as $21.7 million in Q2 2024 and fell as low as -$25.8 million in Q4 2024.
- Historically, Interest Expenses has averaged $15.1 million across 5 years, with a median of $19.5 million in 2022.
- Across the five-year window, Interest Expenses sank 240.77% in 2024 and soared 39.27% in 2025, its largest moves.
- Year by year, Interest Expenses stood at $17.6 million in 2022, then rose by 4.31% to $18.4 million in 2023, then sank by 240.77% to -$25.8 million in 2024, then surged by 39.27% to -$15.7 million in 2025, then jumped by 226.29% to $19.8 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $19.8 million in Q2 2026, $19.7 million in Q1 2026, and -$15.7 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 236.00 Mn |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | -234.60 Mn |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 19.82 Mn |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 62.70 Mn |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | -161.80 Mn |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 8.00 Mn |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 54.12 Mn |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | 346.10 Mn |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | -136.00 Mn |
| 10 | Pilgrims Pride | 6.64 Bn | 6.11 Bn | 345.49 Mn | 37.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 26, 2026 | 19.82 Mn |
| Apr 26, 2026 | 19.82 Mn |
| Jan 25, 2026 | 19.73 Mn |
| Jan 25, 2026 | 19.73 Mn |
| Oct 26, 2025 | -15.70 Mn |
| Oct 26, 2025 | -15.70 Mn |
| Jul 27, 2025 | 19.46 Mn |
| Jul 27, 2025 | 19.46 Mn |
| Apr 27, 2025 | 19.52 Mn |
| Apr 27, 2025 | 19.52 Mn |
| Jan 26, 2025 | 19.46 Mn |
| Jan 26, 2025 | 19.46 Mn |
| Oct 27, 2024 | -25.85 Mn |
| Oct 27, 2024 | -25.85 Mn |
| Jul 28, 2024 | 21.46 Mn |
| Jul 28, 2024 | 21.46 Mn |
| Apr 28, 2024 | 21.68 Mn |
| Apr 28, 2024 | 21.68 Mn |
| Jan 28, 2024 | 18.33 Mn |
| Jan 28, 2024 | 18.33 Mn |