Hormel Foods (HRL) Debt/Equity 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

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HRL Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.36

DEBT TO EQUITY RATIO AVG TTM

0.36

DEBT TO EQUITY RATIO AVG 3Y

0.39

DEBT TO EQUITY RATIO AVG 5Y

0.41

DEBT TO EQUITY RATIO AVG 10Y

0.26

DEBT TO EQUITY RATIO AVG 15Y

0.20

DEBT TO EQUITY RATIO AVG 20Y

0.18

CURRENT VS TTM AVG

+0.36%

CURRENT VS 3Y AVG

-7.66%

CURRENT VS 5Y AVG

-13.03%

CURRENT VS 10Y AVG

+39.60%

CURRENT VS 15Y AVG

+79.83%

CURRENT VS 20Y AVG

+97.01%

SECTOR MEDIAN · CONSUMER DEFENSIVE

0.85

median of 48 covered companies

CURRENT VS SECTOR MEDIAN

-57.97%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Hormel Foods Corporation (HRL)	$13.76B	0.36	0.36	0.39	0.41
McCormick & Company, Incorporated (MKC)vs ›	$13.68B	0.70	0.77	0.90	1.02
Brown-Forman Corporation (BF-B)vs ›	$13.40B	0.54	0.61	0.75	0.80
The J. M. Smucker Company (SJM)vs ›	$12.75B	1.28	1.28	1.07	0.91
The Clorox Company (CLX)vs ›	$11.55B	8.97	8.91	9.17	7.97
Smithfield Foods, Inc. (SFD)vs ›	$10.25B	0.35	0.38	0.35	0.28
General Mills, Inc. (GIS)vs ›	$19.08B	1.84	1.84	1.64	1.44
Molson Coors Beverage Company (TAP)vs ›	$7.79B	0.62	0.54	0.52	0.55
Celsius Holdings, Inc. (CELH)vs ›	$7.47B	0.23	0.13	0.06	0.05
Lamb Weston Holdings, Inc. (LW)vs ›	$7.22B	2.15	2.15	2.23	3.36

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Hormel Foods Corporation (HRL)

$13.76B

0.36

0.39

0.41

McCormick & Company, Incorporated (MKC)vs ›

$13.68B

0.70

0.77

0.90

1.02

Brown-Forman Corporation (BF-B)vs ›

$13.40B

0.54

0.61

0.75

0.80

The J. M. Smucker Company (SJM)vs ›

$12.75B

1.28

1.07

0.91

The Clorox Company (CLX)vs ›

$11.55B

8.97

8.91

9.17

7.97

Smithfield Foods, Inc. (SFD)vs ›

$10.25B

0.35

0.38

0.35

0.28

General Mills, Inc. (GIS)vs ›

$19.08B

1.84

1.64

1.44

Molson Coors Beverage Company (TAP)vs ›

$7.79B

0.62

0.54

0.52

0.55

Celsius Holdings, Inc. (CELH)vs ›

$7.47B

0.23

0.13

0.06

0.05

Lamb Weston Holdings, Inc. (LW)vs ›

$7.22B

2.15

2.23

3.36

Debt to Equity Ratio FAQ

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

The debt to equity ratio for HRL stock is 0.36.

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

The debt to equity ratio of 0.36 is 13% below its 5-year average of 0.41, near the low end of its 5-year range (0.35–0.49).

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

The TTM average debt to equity ratio for HRL stock is 0.36.

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

The 3Y average debt to equity ratio for HRL stock is 0.39.

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

The 5Y average debt to equity ratio for HRL stock is 0.41.

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

The 10Y average debt to equity ratio for HRL stock is 0.26.

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

The 15Y average debt to equity ratio for HRL stock is 0.20.

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

The 20Y average debt to equity ratio for HRL stock is 0.18.

DATE	DEBT TO EQUITY RATIO
2026-04-26	0.36
2026-01-25	0.36
2025-10-26	0.36
2025-07-27	0.35
2025-04-27	0.36
2025-01-26	0.36
2024-10-31	0.36
2024-07-28	0.36
2024-04-28	0.48
2024-01-28	0.42
2023-10-31	0.43
2023-07-30	0.43
2023-04-30	0.43
2023-01-29	0.43
2022-10-31	0.44
2022-07-31	0.45
2022-05-01	0.45
2022-01-30	0.47
2021-10-31	0.48
2021-07-25	0.49
2021-04-25	0.16
2021-01-24	0.20
2020-10-31	0.20
2020-07-26	0.21
2020-04-26	0.05
2020-01-26	0.05
2019-10-31	0.04
2019-07-28	0.04
2019-04-28	0.04
2019-01-27	0.11
2018-10-31	0.11
2018-07-29	0.13
2018-04-29	0.15
2018-01-28	0.17
2017-10-31	0.05
2017-07-30	0.05
2017-04-30	0.05
2017-01-29	0.05
2016-10-31	0.06
2016-07-24	0.09
2016-04-24	0.06
2016-01-24	0.06
2015-10-31	0.11
2015-07-26	0.15
2015-04-26	0.07
2015-01-25	0.07
2014-10-31	0.07
2014-07-27	0.07
2014-04-27	0.07
2014-01-26	0.07
2013-10-31	0.08
2013-07-28	0.08
2013-04-28	0.08
2013-01-27	0.09
2012-10-31	0.09
2012-07-29	0.09
2012-04-29	0.09
2012-01-29	0.09
2011-10-31	0.09
2011-07-31	0.09
2011-05-01	0.23
2011-01-30	0.14
2010-10-31	0.15
2010-07-25	0.15
2010-04-25	0.15
2010-01-24	0.16
2009-10-31	0.16
2009-07-26	0.19
2009-04-26	0.21
2009-01-25	0.22
2008-10-31	0.22
2008-07-27	0.21
2008-04-27	0.18
2008-01-27	0.18
2007-10-31	0.22
2007-07-29	0.19
2007-04-29	0.18
2007-01-28	0.19
2006-10-31	0.19
2006-07-30	0.23
2006-04-30	0.23
2006-01-29	0.22
2005-10-31	0.23
2005-07-31	0.29
2005-05-01	0.31
2005-01-30	0.26
2004-10-31	0.27
2004-07-24	0.28
2004-04-24	0.29
2004-01-24	0.31
2003-10-31	0.33
2003-07-26	0.35
2003-04-26	0.36
2003-01-25	0.37
2002-10-31	0.38
2002-07-27	0.41

DATE

DEBT TO EQUITY RATIO

2026-04-26

0.36

2026-01-25

0.36

2025-10-26

0.36

2025-07-27

0.35

2025-04-27

0.36

2025-01-26

0.36

2024-10-31

0.36

2024-07-28

0.36

2024-04-28

0.48

2024-01-28

0.42

2023-10-31

0.43

2023-07-30

0.43

2023-04-30

0.43

2023-01-29

0.43

2022-10-31

0.44

2022-07-31

0.45

2022-05-01

0.45

2022-01-30

0.47

2021-10-31

0.48

2021-07-25

0.49

2021-04-25

0.16

2021-01-24

0.20

2020-10-31

0.20

2020-07-26

0.21

2020-04-26

0.05

2020-01-26

0.05

2019-10-31

0.04

2019-07-28

0.04

2019-04-28

0.04

2019-01-27

0.11

2018-10-31

0.11

2018-07-29

0.13

2018-04-29

0.15

2018-01-28

0.17

2017-10-31

0.05

2017-07-30

0.05

2017-04-30

0.05

2017-01-29

0.05

2016-10-31

0.06

2016-07-24

0.09

2016-04-24

0.06

2016-01-24

0.06

2015-10-31

0.11

2015-07-26

0.15

2015-04-26

0.07

2015-01-25

0.07

2014-10-31

0.07

2014-07-27

0.07

2014-04-27

0.07

2014-01-26

0.07

2013-10-31

0.08

2013-07-28

0.08

2013-04-28

0.08

2013-01-27

0.09

2012-10-31

0.09

2012-07-29

0.09

2012-04-29

0.09

2012-01-29

0.09

2011-10-31

0.09

2011-07-31

0.09

2011-05-01

0.23

2011-01-30

0.14

2010-10-31

0.15

2010-07-25

0.15

2010-04-25

0.15

2010-01-24

0.16

2009-10-31

0.16

2009-07-26

0.19

2009-04-26

0.21

2009-01-25

0.22

2008-10-31

0.22

2008-07-27

0.21

2008-04-27

0.18

2008-01-27

0.18

2007-10-31

0.22

2007-07-29

0.19

2007-04-29

0.18

2007-01-28

0.19

2006-10-31

0.19

2006-07-30

0.23

2006-04-30

0.23

2006-01-29

0.22

2005-10-31

0.23

2005-07-31

0.29

2005-05-01

0.31

2005-01-30

0.26

2004-10-31

0.27

2004-07-24

0.28

2004-04-24

0.29

2004-01-24

0.31

2003-10-31

0.33

2003-07-26

0.35

2003-04-26

0.36

2003-01-25

0.37

2002-10-31

0.38

2002-07-27

0.41

Debt to Equity Ratio: 0.36

HRL Debt to Equity Ratio

HRL Average Debt to Equity Ratio Chart

HRL Current vs Average Debt to Equity Ratio Chart

HRL Debt to Equity Ratio Metrics

HRL Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

HRL Debt to Equity Ratio History

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