Hormel Foods (HRL) Interest Expenses (2009 - 2026)
Hormel Foods (HRL) posted quarterly Interest Expenses of $19.8 million for Q2 2026, up 1.57% year-over-year from $19.5 million in Q2 2025, and little changed quarter-over-quarter from $19.7 million in Q1 2026.
Hormel Foods (HRL) Interest Expenses (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Interest Expenses for 18 consecutive years, with $19.8 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Interest Expenses rose 1.57% year-over-year to $19.8 million; the TTM figure through Apr 2026 stood at $78.6 million (up 127.25% YoY), while the FY2025 annual figure was $78.0 million, down 7.9% from the prior year.
- Interest Expenses held at $19.8 million in Q2 2026 per HRL's latest filing, from $19.7 million in the prior quarter.
- Across five years, Interest Expenses topped out at $21.7 million in Q2 2024 and bottomed at -$25.8 million in Q4 2024.
- Historically, Interest Expenses has averaged $17.1 million across 5 years, with a median of $19.5 million in 2022.
- Annual changes were most pronounced in 2022 — Interest Expenses soared 337.45% — and 2024, when it tumbled 240.77%.
- Hormel Foods' Interest Expenses stood at $17.6 million in 2022, then grew by 4.31% to $18.4 million in 2023, then sank by 240.77% to -$25.8 million in 2024, then jumped by 175.84% to $19.6 million in 2025, then increased by 1.13% to $19.8 million in 2026.
- Business Quant data shows HRL's Interest Expenses at $19.8 million in Q2 2026, $19.7 million in Q1 2026, and $19.6 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn | -31.00 Mn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn | - |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 62.70 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 1.32 Bn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn | - |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn | 19.82 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn | 55.53 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 8.00 Mn |
| 10 | Conagra Brands | 7.86 Bn | 7.64 Bn | 704.10 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 | 19.60 Mn |
| Oct 26, 2025 | 19.60 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 |