Hormel Foods Corporation HRL

19.71 (0.13) (0.66%) as of 25 Sep
Market cap
$11.0B
P/E
31.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Hormel Foods Corporation (HRL) Current ratio

Hormel Foods Corporation's current ratio at the end of the quarter to 31 July 2026 was 1.9×, down 0.6× from fiscal 2025 (2.5×). Over the past ten years it has ranged from 1.4× (fiscal 2023) to 2.5× (fiscal 2022); the current reading is higher than 91% of that period. That is above the Packaged Foods industry median of 1.6× and above the Consumer Defensive sector median of 1.4×.

Current ratio, annual

Annual

Period Current ratio Change
FY2025 2.5× 6.31%
FY2024 2.3× 62.67%
FY2023 1.4× (42.22%)
FY2022 2.5× 18.56%
FY2021 2.1× (12.50%)
FY2020 2.4× 11.37%
FY2019 2.1× 18.72%
FY2018 1.8× (6.01%)
FY2017 1.9× (0.64%)
FY2016 1.9× 13.42%

Quarterly

Period Current ratio Change
Jul 2026 1.9× (2.90%)
Apr 2026 1.9× (27.20%)
Jan 2026 2.7× 7.92%
Oct 2025 2.5× (0.12%)
43 more quarters

Against its own ten years

Low 1.4× High 2.5×
Ten-year median 2.1×
Current reading's percentile 91

Current ratio against peers

Company Current ratio
SFD Smithfield Foods, Inc. compare 2.6×
HRL Hormel Foods Corporation 1.9×
DAR Darling Ingredients Inc. compare 1.6×
JBS JBS N.V. compare 1.5×
PPC Pilgrim's Pride Corporation compare 1.4×
MICC The Magnum Ice Cream Company N.V. compare 1.0×
CAG Conagra Brands compare 0.9×
SJM The J. M. Smucker Company compare 0.9×
MKC McCormick & Company, Incorporated compare 0.8×
Packaged Foods industry median 1.6×
Consumer Defensive sector median 1.4×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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