Hormel Foods (HRL) Non-Current Debt (2009 - 2026)
Hormel Foods (HRL) posted quarterly Non-Current Debt of $2.4 billion for Q2 2026, down 17.53% year-over-year from $2.9 billion in Q2 2025, and down 17.54% quarter-over-quarter from $2.9 billion in Q1 2026.
Hormel Foods (HRL) Non-Current Debt (2009 - 2026) Analysis & Trends
Hormel Foods (HRL) has reported Non-Current Debt for 18 consecutive years, with $2.4 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Non-Current Debt fell 17.53% year-over-year to $2.4 billion; the TTM figure through Apr 2026 stood at $2.4 billion (down 17.53% YoY), while the FY2025 annual figure was $2.9 billion, changed 0.01% from the prior year.
- Non-Current Debt fell to $2.4 billion in Q2 2026 per HRL's latest filing, from $2.9 billion in the prior quarter.
- Across five years, Non-Current Debt topped out at $3.3 billion in Q1 2022 and bottomed at $2.4 billion in Q2 2026.
- Historically, Non-Current Debt has averaged $2.9 billion across 5 years, with a median of $2.9 billion in 2024.
- Annual changes were most pronounced in 2022 — Non-Current Debt soared 217.26% — and 2024, when it dropped 28.41%.
- Hormel Foods' Non-Current Debt stood at $3.3 billion in 2022, then dropped by 28.32% to $2.4 billion in 2023, then advanced by 20.87% to $2.9 billion in 2024, then retreated by 0.01% to $2.9 billion in 2025, then dropped by 17.53% to $2.4 billion in 2026.
- Business Quant data shows HRL's Non-Current Debt at $2.4 billion in Q2 2026, $2.9 billion in Q1 2026, and $2.9 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 17.62 Bn |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 13.47 Bn |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 3.61 Bn |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 21.32 Bn |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 2.35 Bn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 6.54 Bn |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | 4.04 Bn |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 3.85 Bn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 1.40 Bn |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | 7.23 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 25, 2021 | 3.32 Bn |