Hormel Foods (HRL) Net Long-Term Debt Issued (Repaid) (2011 - 2026)
Hormel Foods (HRL) recorded Non-Current Debt of $2.35 billion in fiscal Q3 2026 (quarter ended Jul 26, 2026), down 17.6% from $2.85 billion a year earlier and down 0.1% from the prior quarter.
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Analysis
Hormel Foods (HRL) Net Long-Term Debt Issued (Repaid) (2011 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 26, 2025), Hormel Foods reported Non-Current Debt of $2.85 billion, unchanged from FY2024.
- Annual Non-Current Debt has a five-year compound annual growth rate of 22.2% (FY2020 to FY2025).
- Across earlier fiscal years, Non-Current Debt came in at $2.85 billion in FY2024 (+20.9%), $2.36 billion in FY2023 (-28.3%), $3.29 billion in FY2022 (-0.7%) and $3.32 billion in FY2021 (+217.3%).
- The fiscal Q3 2026 figure is the lowest quarterly Non-Current Debt since fiscal Q2 2021.
- On a year-over-year basis, Non-Current Debt rose in two of the last eight quarters, with growth averaging 0.8%.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 217.3% in fiscal Q4 2021, against a decline of 28.4% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $2.35 billion (Q2 2026), $2.85 billion (Q1 2026) and $2.85 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 144.56 Bn | 96.02 Bn | - | - |
| 2 | Mondelez International | 83.86 Bn | 76.87 Bn | 3.92 Bn | -967.00 Mn |
| 3 | Hershey | 34.38 Bn | 31.11 Bn | 1.51 Bn | -501.66 Mn |
| 4 | Kraft Heinz | 28.62 Bn | 16.27 Bn | 1.99 Bn | -1.00 Bn |
| 5 | General Mills | 18.33 Bn | 15.98 Bn | 1.49 Bn | - |
| 6 | J M Smucker | 14.08 Bn | 13.86 Bn | 979.60 Mn | - |
| 7 | Mccormick | 12.60 Bn | 11.66 Bn | 794.90 Mn | -1.70 Mn |
| 8 | Hormel Foods | 12.11 Bn | 8.77 Bn | 471.52 Mn | -1.77 Mn |
| 9 | Chewy | 9.02 Bn | 6.31 Bn | 1.01 Bn | -220.00 Mn |
| 10 | Lamb Weston Holdings | 7.75 Bn | 7.37 Bn | 266.50 Mn | -16.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | -1.77 Mn |
| Apr 26, 2026 | -1.83 Mn |
| Jan 25, 2026 | -1.83 Mn |
| Oct 26, 2025 | -1.58 Mn |
| Jul 27, 2025 | -2.01 Mn |
| Apr 27, 2025 | -2.04 Mn |
| Jan 26, 2025 | -2.20 Mn |
| Oct 27, 2024 | -2.22 Mn |
| Jul 28, 2024 | -952.28 Mn |
| Apr 28, 2024 | -2.27 Mn |
| Jan 28, 2024 | -2.25 Mn |
| Oct 29, 2023 | -2.24 Mn |
| Jul 30, 2023 | -228,000.00 |
| Apr 30, 2023 | -2.19 Mn |
| Jan 29, 2023 | -2.19 Mn |
| Oct 30, 2022 | -2.18 Mn |
| Jul 31, 2022 | -1.47 Mn |
| May 1, 2022 | -2.86 Mn |
| Jan 30, 2022 | -2.16 Mn |
| Oct 31, 2021 | -2.08 Mn |
API Access
Hormel Foods Net Long-Term Debt Issued (Repaid) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=HRL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "HRL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=HRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();