Hormel Foods (HRL) Debt/Assets Ratio: History & Chart

Hormel Foods Corporation (HRL)HRLHormel Foods Corporation

About Hormel Foods Corporation

Hormel Foods Corporation is a prominent global food company that specializes in the creation, preparation, and supply of a diverse array of meat, nut, and other culinary items. Its extensive clientele spans retail outlets, institutional food providers (foodservice), specialty delis, and various commercial enterprises across the United States and internationally. The company's operations are strategically structured into four main divisions: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. Hormel's product portfolio is broad, encompassing numerous perishable goods such as fresh meats, frozen food selections, convenient refrigerated meal options, a variety of sausages, hams, guacamole, and bacon. Additionally, it offers a wide range of non-perishable items, including canned luncheon meats, various nut butters, snack nuts, chili, microwave-ready meals, hashes, stews, tortillas, salsas, and tortilla chips. Beyond these offerings, Hormel Foods is also actively involved in the processing, promotion, and distribution of both branded and unbranded products derived from pork, beef, poultry, and turkey. The company further supplies nutritional food items and supplements, dessert and beverage mixes, and industrial-grade gelatin. Its extensive product line is marketed under numerous widely recognized brand names, including SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Wholly, Planters, NUT-rition, Planters Cheez Balls, and Corn Nuts. These products reach consumers through a multi-channel distribution network, utilizing internal sales teams, independent brokers, and various distributors. Founded in 1891 as Geo. A. Hormel & Company, the organization was officially rebranded as Hormel Foods Corporation in January 1995. Its corporate headquarters are located in Austin, Minnesota.

Austin, MN

20,000 employees

www.hormelfoods.com

Consumer Defensive / Packaged Foods

Sector: Consumer Defensive
Industry: Packaged Foods
CEO: Jeffrey Ettinger

View full financials

HRL Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

21.40%

DEBT TO ASSETS RATIO AVG TTM

21.33%

DEBT TO ASSETS RATIO AVG 3Y

22.81%

DEBT TO ASSETS RATIO AVG 5Y

23.78%

DEBT TO ASSETS RATIO AVG 10Y

15.36%

DEBT TO ASSETS RATIO AVG 15Y

12.08%

DEBT TO ASSETS RATIO AVG 20Y

11.25%

CURRENT VS TTM AVG

+0.34%

CURRENT VS 3Y AVG

-6.17%

CURRENT VS 5Y AVG

-9.97%

CURRENT VS 10Y AVG

+39.38%

CURRENT VS 15Y AVG

+77.17%

CURRENT VS 20Y AVG

+90.23%

SECTOR MEDIAN · CONSUMER DEFENSIVE

0.36%

median of 48 covered companies

CURRENT VS SECTOR MEDIAN

+5845.82%

vs the sector median at left

NAME	MARKET CAP	DEBT TO ASSETS RATIO	TTM	3Y	5Y
Hormel Foods Corporation (HRL)	$13.92B	21.40%	21.33%	22.81%	23.78%
McCormick & Company, Incorporated (MKC)vs ›	$13.43B	0.30%	N/A	N/A	N/A
The J. M. Smucker Company (SJM)vs ›	$12.65B	0.44%	N/A	N/A	N/A
Brown-Forman Corporation (BF-B)vs ›	$12.16B	0.27%	N/A	N/A	N/A
The Clorox Company (CLX)vs ›	$11.55B	0.52%	N/A	N/A	N/A
Smithfield Foods, Inc. (SFD)vs ›	$10.33B	0.20%	N/A	N/A	N/A
General Mills, Inc. (GIS)vs ›	$19.23B	0.45%	N/A	N/A	N/A
Molson Coors Beverage Company (TAP)vs ›	$7.68B	0.28%	N/A	N/A	N/A
Tyson Foods, Inc. (TSN)vs ›	$20.45B	0.24%	N/A	N/A	N/A
Conagra Brands, Inc. (CAG)vs ›	$7.07B	0.42%	N/A	N/A	N/A

NAME

MARKET CAP

DEBT TO ASSETS RATIO

TTM

Hormel Foods Corporation (HRL)

$13.92B

21.40%

21.33%

22.81%

23.78%

McCormick & Company, Incorporated (MKC)vs ›

$13.43B

0.30%

N/A

The J. M. Smucker Company (SJM)vs ›

$12.65B

0.44%

N/A

Brown-Forman Corporation (BF-B)vs ›

$12.16B

0.27%

N/A

The Clorox Company (CLX)vs ›

$11.55B

0.52%

N/A

Smithfield Foods, Inc. (SFD)vs ›

$10.33B

0.20%

N/A

General Mills, Inc. (GIS)vs ›

$19.23B

0.45%

N/A

Molson Coors Beverage Company (TAP)vs ›

$7.68B

0.28%

N/A

Tyson Foods, Inc. (TSN)vs ›

$20.45B

0.24%

N/A

Conagra Brands, Inc. (CAG)vs ›

$7.07B

0.42%

N/A

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Hormel Foods Corporation (HRL)?

The debt to assets ratio for HRL stock is 21.40%.

Is Hormel Foods Corporation's debt to assets ratio high or low?

The debt to assets ratio of 21.40% is in line with its 5-year average of 23.78%, near the low end of its 5-year range (21.17%–26.96%).

What is the TTM average debt to assets ratio for Hormel Foods Corporation (HRL)?

The TTM average debt to assets ratio for HRL stock is 21.33%.

What is the 3Y average debt to assets ratio for Hormel Foods Corporation (HRL)?

The 3Y average debt to assets ratio for HRL stock is 22.81%.

What is the 5Y average debt to assets ratio for Hormel Foods Corporation (HRL)?

The 5Y average debt to assets ratio for HRL stock is 23.78%.

What is the 10Y average debt to assets ratio for Hormel Foods Corporation (HRL)?

The 10Y average debt to assets ratio for HRL stock is 15.36%.

What is the 15Y average debt to assets ratio for Hormel Foods Corporation (HRL)?

The 15Y average debt to assets ratio for HRL stock is 12.08%.

What is the 20Y average debt to assets ratio for Hormel Foods Corporation (HRL)?

The 20Y average debt to assets ratio for HRL stock is 11.25%.

DATE	DEBT TO ASSETS RATIO
2026-04-26	21.40%
2026-01-25	21.46%
2025-10-26	21.34%
2025-07-27	21.17%
2025-04-27	21.29%
2025-01-26	21.32%
2024-10-31	21.28%
2024-07-28	21.81%
2024-04-28	26.95%
2024-01-28	24.50%
2023-10-31	24.61%
2023-07-30	24.63%
2023-04-30	24.81%
2023-01-29	24.85%
2022-10-31	24.79%
2022-07-31	25.14%
2022-05-01	25.16%
2022-01-30	25.87%
2021-10-31	26.18%
2021-07-25	26.96%
2021-04-25	10.62%
2021-01-24	13.07%
2020-10-31	13.16%
2020-07-26	13.60%
2020-04-26	3.75%
2020-01-26	3.83%
2019-10-31	3.08%
2019-07-28	3.14%
2019-04-28	3.15%
2019-01-27	7.66%
2018-10-31	7.67%
2018-07-29	9.12%
2018-04-29	10.34%
2018-01-28	11.19%
2017-10-31	3.58%
2017-07-30	3.84%
2017-04-30	3.91%
2017-01-29	3.93%
2016-10-31	3.92%
2016-07-24	6.18%
2016-04-24	4.09%
2016-01-24	4.14%
2015-10-31	7.08%
2015-07-26	9.85%
2015-04-26	4.45%
2015-01-25	4.50%
2014-10-31	4.58%
2014-07-27	4.82%
2014-04-27	4.92%
2014-01-26	4.93%
2013-10-31	5.09%
2013-07-28	5.25%
2013-04-28	5.36%
2013-01-27	5.41%
2012-10-31	5.48%
2012-07-29	5.70%
2012-04-29	5.79%
2012-01-29	5.85%
2011-10-31	5.89%
2011-07-31	6.02%
2011-05-01	13.48%
2011-01-30	8.49%
2010-10-31	8.63%
2010-07-25	9.10%
2010-04-25	9.25%
2010-01-24	9.38%
2009-10-31	9.48%
2009-07-26	11.15%
2009-04-26	12.38%
2009-01-25	12.39%
2008-10-31	12.44%
2008-07-27	11.94%
2008-04-27	10.80%
2008-01-27	10.20%
2007-10-31	12.38%
2007-07-29	11.53%
2007-04-29	11.26%
2007-01-28	11.56%
2006-10-31	11.45%
2006-07-30	13.47%
2006-04-30	13.51%
2006-01-29	12.74%
2005-10-31	12.70%
2005-07-31	15.81%
2005-05-01	17.14%
2005-01-30	14.48%
2004-10-31	14.89%
2004-07-24	15.50%
2004-04-24	15.75%
2004-01-24	16.85%
2003-10-31	17.11%
2003-07-26	18.30%
2003-04-26	18.60%
2003-01-25	18.94%
2002-10-31	19.07%
2002-07-27	20.48%

DATE

DEBT TO ASSETS RATIO

2026-04-26

21.40%

2026-01-25

21.46%

2025-10-26

21.34%

2025-07-27

21.17%

2025-04-27

21.29%

2025-01-26

21.32%

2024-10-31

21.28%

2024-07-28

21.81%

2024-04-28

26.95%

2024-01-28

24.50%

2023-10-31

24.61%

2023-07-30

24.63%

2023-04-30

24.81%

2023-01-29

24.85%

2022-10-31

24.79%

2022-07-31

25.14%

2022-05-01

25.16%

2022-01-30

25.87%

2021-10-31

26.18%

2021-07-25

26.96%

2021-04-25

10.62%

2021-01-24

13.07%

2020-10-31

13.16%

2020-07-26

13.60%

2020-04-26

3.75%

2020-01-26

3.83%

2019-10-31

3.08%

2019-07-28

3.14%

2019-04-28

3.15%

2019-01-27

7.66%

2018-10-31

7.67%

2018-07-29

9.12%

2018-04-29

10.34%

2018-01-28

11.19%

2017-10-31

3.58%

2017-07-30

3.84%

2017-04-30

3.91%

2017-01-29

3.93%

2016-10-31

3.92%

2016-07-24

6.18%

2016-04-24

4.09%

2016-01-24

4.14%

2015-10-31

7.08%

2015-07-26

9.85%

2015-04-26

4.45%

2015-01-25

4.50%

2014-10-31

4.58%

2014-07-27

4.82%

2014-04-27

4.92%

2014-01-26

4.93%

2013-10-31

5.09%

2013-07-28

5.25%

2013-04-28

5.36%

2013-01-27

5.41%

2012-10-31

5.48%

2012-07-29

5.70%

2012-04-29

5.79%

2012-01-29

5.85%

2011-10-31

5.89%

2011-07-31

6.02%

2011-05-01

13.48%

2011-01-30

8.49%

2010-10-31

8.63%

2010-07-25

9.10%

2010-04-25

9.25%

2010-01-24

9.38%

2009-10-31

9.48%

2009-07-26

11.15%

2009-04-26

12.38%

2009-01-25

12.39%

2008-10-31

12.44%

2008-07-27

11.94%

2008-04-27

10.80%

2008-01-27

10.20%

2007-10-31

12.38%

2007-07-29

11.53%

2007-04-29

11.26%

2007-01-28

11.56%

2006-10-31

11.45%

2006-07-30

13.47%

2006-04-30

13.51%

2006-01-29

12.74%

2005-10-31

12.70%

2005-07-31

15.81%

2005-05-01

17.14%

2005-01-30

14.48%

2004-10-31

14.89%

2004-07-24

15.50%

2004-04-24

15.75%

2004-01-24

16.85%

2003-10-31

17.11%

2003-07-26

18.30%

2003-04-26

18.60%

2003-01-25

18.94%

2002-10-31

19.07%

2002-07-27

20.48%

Debt to Assets Ratio: 21.40%

HRL Debt to Assets Ratio

HRL Average Debt to Assets Ratio Chart

HRL Current vs Average Debt to Assets Ratio Chart

HRL Debt to Assets Ratio Metrics

HRL Competitors' Debt to Assets Ratio

Leverage Ratios Comparison

Debt to Assets Ratio Formula & Definition

Debt to Assets Ratio FAQ

HRL Debt to Assets Ratio History

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