Hormel Foods HRL
NYSE HRL
$23.88 -0.20 (-0.83%)
At close: Aug 21, 2026 · 4:04 PM EDT

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
DateValue
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