Hormel Foods (HRL) Non-Current Debt (2009 - 2026)
Hormel Foods' (HRL) quarterly Non-Current Debt came in at $2.3 billion in Q3 2026, down 17.57% year-over-year from $2.9 billion in Q3 2025, and little changed quarter-over-quarter from $2.4 billion in Q2 2026.
Analysis
Hormel Foods (HRL) Non-Current Debt (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Non-Current Debt for 17 consecutive years, with $2.3 billion the latest figure, recorded in Q3 2026.
- On a quarterly basis, Non-Current Debt fell 17.57% year-over-year to $2.3 billion in Q3 2026; TTM through Jul 2026 was $2.3 billion, a 17.57% decrease from a year earlier, with the FY2025 full-year figure at $2.9 billion, changed 0.01% from the prior year.
- Non-Current Debt was $2.3 billion for Q3 2026 at Hormel Foods, roughly flat from $2.4 billion in the prior quarter.
- Over five years, Non-Current Debt peaked at $3.3 billion in Q1 2022 and troughed at $2.3 billion in Q3 2026.
- A 5-year average of $2.9 billion and a median of $2.9 billion in 2024 frame the typical range for Non-Current Debt.
- Across the five-year window, Non-Current Debt surged 217.26% in 2022 and slipped 28.41% in 2024, its largest moves.
- Over 5 years, Non-Current Debt stood at $3.3 billion in 2022, then decreased by 28.32% to $2.4 billion in 2023, then rose by 20.87% to $2.9 billion in 2024, then declined by 0.01% to $2.9 billion in 2025, then declined by 17.58% to $2.3 billion in 2026.
- The last three Non-Current Debt figures came in at $2.3 billion (Q3 2026), $2.4 billion (Q2 2026), and $2.9 billion (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 29.22 Bn | 26.54 Bn | 2.03 Bn | 17.62 Bn |
| 2 | General Mills | 19.94 Bn | 19.49 Bn | 1.60 Bn | 13.47 Bn |
| 3 | Mccormick | 13.84 Bn | 13.51 Bn | 778.20 Mn | 3.61 Bn |
| 4 | J M Smucker | 13.17 Bn | 13.13 Bn | 979.60 Mn | 6.54 Bn |
| 5 | Hormel Foods | 11.54 Bn | 10.67 Bn | 471.52 Mn | 2.35 Bn |
| 6 | Chewy | 8.46 Bn | 7.94 Bn | 1.01 Bn | - |
| 7 | Conagra Brands | 7.25 Bn | 7.03 Bn | 704.10 Mn | 7.23 Bn |
| 8 | Lamb Weston Holdings | 6.67 Bn | 6.60 Bn | 361.40 Mn | 3.68 Bn |
| 9 | Campbell'S | 6.51 Bn | 6.10 Bn | 650.00 Mn | 6.15 Bn |
| 10 | Post Holdings | 3.66 Bn | 3.39 Bn | 566.30 Mn | 7.63 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 2.35 Bn |
| Apr 26, 2026 | 2.35 Bn |
| Jan 25, 2026 | 2.85 Bn |
| Oct 26, 2025 | 2.85 Bn |
| Jul 27, 2025 | 2.85 Bn |
| Apr 27, 2025 | 2.85 Bn |
| Jan 26, 2025 | 2.85 Bn |
| Oct 27, 2024 | 2.85 Bn |
| Jul 28, 2024 | 2.85 Bn |
| Apr 28, 2024 | 2.85 Bn |
| Jan 28, 2024 | 2.36 Bn |
| Oct 29, 2023 | 2.36 Bn |
| Jul 30, 2023 | 2.36 Bn |
| Apr 30, 2023 | 3.29 Bn |
| Jan 29, 2023 | 3.29 Bn |
| Oct 30, 2022 | 3.29 Bn |
| Jul 31, 2022 | 3.29 Bn |
| May 1, 2022 | 3.29 Bn |
| Jan 30, 2022 | 3.31 Bn |
| Oct 31, 2021 | 3.32 Bn |