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Saturday 17 October 2026 Export HRL’s income statement to Excel — free account

Hormel Foods Corporation

HRL Consumer Defensive Packaged Foods

Hormel Foods Corporation’s revenue for fiscal 2025 (year ended October 2025) was $12.1 billion, up 1.55% from fiscal 2024. In the quarter to July 2026, revenue fell 2.36%, EPS fell 66.7%, free cash flow grew 107.2% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

20.40 0.21 +1.04%
Market cap
$11.1B
P/E
32.4×
Fwd P/E
16.1×
Dividend yield
5.74%
F-score
5/9
Altman Z
3.32
Beneish M
−2.58
Dividend safety
35/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Hormel Foods Corporation (HRL) Debt to equity

Alert me on Debt to equity

Hormel Foods Corporation's debt to equity at the end of the quarter to 31 July 2026 was 0.4×, up 0.0× from fiscal 2025 (0.4×). Over the past ten years it has ranged from 0.0× (fiscal 2019) to 0.5× (fiscal 2021); the current reading is higher than 73% of that period. That is above the Packaged Foods industry median of 0.2× and above the Consumer Defensive sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.4× 1.06%
FY2024 0.4× (16.46%)
FY2023 0.4× (2.29%)
FY2022 0.4× (8.13%)
FY2021 0.5× 134.98%
FY2020 0.2× 380.33%
FY2019 0.0× (62.15%)
FY2018 0.1× 120.36%
FY2017 0.1× (9.96%)
FY2016 0.1× (10.08%)

Quarterly newest first

Period Debt to equity Change
Jul 2026 0.4× 1.28%
Apr 2026 0.4× (0.17%)
Jan 2026 0.4× (0.47%)
Oct 2025 0.4× 2.27%
43 more quarters

Against its own ten years

Low 0.0× High 0.5×
Ten-year median 0.2×
Current reading's percentile 73

Debt to equity against peers

Company Debt to equity
SFD Smithfield Foods, Inc. compare 0.3×
HRL Hormel Foods Corporation 0.4×
MKC McCormick & Company, Incorporated compare 0.5×
DAR Darling Ingredients Inc. compare 0.7×
SJM The J. M. Smucker Company compare 1.2×
GIS General Mills, Inc. compare 1.8×
LW Lamb Weston compare 2.2×
JBS JBS N.V. compare 2.7×
MICC The Magnum Ice Cream Company N.V. compare 3.4×
Packaged Foods industry median 0.2×
Consumer Defensive sector median 0.3×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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