Hormel Foods (HRL) Interest Coverage 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 Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

10.95x

INTEREST COVERAGE RATIO AVG TTM

9.69x

INTEREST COVERAGE RATIO AVG 3Y

13.01x

INTEREST COVERAGE RATIO AVG 5Y

15.62x

INTEREST COVERAGE RATIO AVG 10Y

41.15x

INTEREST COVERAGE RATIO AVG 15Y

49.68x

INTEREST COVERAGE RATIO AVG 20Y

44.91x

CURRENT VS TTM AVG

+13.01%

CURRENT VS 3Y AVG

-15.79%

CURRENT VS 5Y AVG

-29.86%

CURRENT VS 10Y AVG

-73.38%

CURRENT VS 15Y AVG

-77.95%

CURRENT VS 20Y AVG

-75.61%

SECTOR MEDIAN · CONSUMER DEFENSIVE

7.13x

median of 47 covered companies

CURRENT VS SECTOR MEDIAN

+53.62%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Hormel Foods Corporation (HRL)	$13.76B	10.95x	9.69x	13.01x	15.62x
McCormick & Company, Incorporated (MKC)vs ›	$13.68B	5.57x	5.31x	5.26x	5.97x
Brown-Forman Corporation (BF-B)vs ›	$13.40B	12.46x	11.02x	10.89x	12.11x
The J. M. Smucker Company (SJM)vs ›	$12.75B	0.94x	0.94x	2.40x	4.28x
The Clorox Company (CLX)vs ›	$11.55B	13.38x	10.71x	9.33x	10.41x
Smithfield Foods, Inc. (SFD)vs ›	$10.25B	31.51x	24.23x	20.43x	16.72x
General Mills, Inc. (GIS)vs ›	$19.08B	4.87x	4.87x	5.90x	7.13x
Molson Coors Beverage Company (TAP)vs ›	$7.79B	-10.38x	6.29x	4.70x	4.27x
Celsius Holdings, Inc. (CELH)vs ›	$7.47B	9.57x	9.57x	9.57x	8.47x
Lamb Weston Holdings, Inc. (LW)vs ›	$7.22B	3.27x	3.27x	4.94x	5.13x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Hormel Foods Corporation (HRL)

$13.76B

10.95x

9.69x

13.01x

15.62x

McCormick & Company, Incorporated (MKC)vs ›

$13.68B

5.57x

5.31x

5.26x

5.97x

Brown-Forman Corporation (BF-B)vs ›

$13.40B

12.46x

11.02x

10.89x

12.11x

The J. M. Smucker Company (SJM)vs ›

$12.75B

0.94x

2.40x

4.28x

The Clorox Company (CLX)vs ›

$11.55B

13.38x

10.71x

9.33x

10.41x

Smithfield Foods, Inc. (SFD)vs ›

$10.25B

31.51x

24.23x

20.43x

16.72x

General Mills, Inc. (GIS)vs ›

$19.08B

4.87x

5.90x

7.13x

Molson Coors Beverage Company (TAP)vs ›

$7.79B

-10.38x

6.29x

4.70x

4.27x

Celsius Holdings, Inc. (CELH)vs ›

$7.47B

9.57x

8.47x

Lamb Weston Holdings, Inc. (LW)vs ›

$7.22B

3.27x

4.94x

5.13x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Hormel Foods Corporation (HRL)?

The interest coverage ratio for HRL stock is 10.95x.

Is Hormel Foods Corporation's interest coverage ratio high or low?

The interest coverage ratio of 10.95x is 26% below its 5-year average of 14.84x, around the middle of its 5-year range (0.11x–22.94x).

What is the TTM average interest coverage ratio for Hormel Foods Corporation (HRL)?

The TTM average interest coverage ratio for HRL stock is 9.69x.

What is the 3Y average interest coverage ratio for Hormel Foods Corporation (HRL)?

The 3Y average interest coverage ratio for HRL stock is 13.01x.

What is the 5Y average interest coverage ratio for Hormel Foods Corporation (HRL)?

The 5Y average interest coverage ratio for HRL stock is 15.62x.

What is the 10Y average interest coverage ratio for Hormel Foods Corporation (HRL)?

The 10Y average interest coverage ratio for HRL stock is 41.15x.

What is the 15Y average interest coverage ratio for Hormel Foods Corporation (HRL)?

The 15Y average interest coverage ratio for HRL stock is 49.68x.

What is the 20Y average interest coverage ratio for Hormel Foods Corporation (HRL)?

The 20Y average interest coverage ratio for HRL stock is 44.91x.

DATE	INTEREST COVERAGE RATIO
2026-04-26	10.95x
2026-01-25	12.35x
2025-10-26	0.11x
2025-07-27	12.32x
2025-04-27	12.73x
2025-01-26	11.73x
2024-10-31	15.16x
2024-07-28	11.03x
2024-04-28	11.64x
2024-01-28	15.52x
2023-10-31	14.71x
2023-07-30	11.80x
2023-04-30	16.14x
2023-01-29	15.78x
2022-10-31	20.86x
2022-07-31	18.64x
2022-05-01	22.84x
2022-01-30	21.84x
2021-10-31	22.94x
2021-07-25	17.73x
2021-04-25	37.16x
2021-01-24	32.58x
2020-10-31	33.45x
2020-07-26	43.60x
2020-04-26	42.10x
2020-01-26	78.41x
2019-10-31	103.71x
2019-07-28	79.88x
2019-04-28	55.63x
2019-01-27	49.82x
2018-10-31	51.26x
2018-07-29	30.43x
2018-04-29	43.10x
2018-01-28	63.85x
2017-10-31	92.08x
2017-07-30	91.50x
2017-04-30	104.54x
2017-01-29	117.44x
2016-10-31	111.24x
2016-07-24	87.32x
2016-04-24	106.91x
2016-01-24	66.95x
2015-10-31	76.55x
2015-07-26	73.88x
2015-04-26	90.07x
2015-01-25	86.41x
2014-10-31	77.64x
2014-07-27	68.64x
2014-04-27	63.71x
2014-01-26	76.66x
2013-10-31	77.61x
2013-07-28	50.50x
2013-04-28	59.49x
2013-01-27	64.06x
2012-10-31	64.07x
2012-07-29	53.59x
2012-04-29	59.32x
2012-01-29	60.96x
2011-10-31	57.12x
2011-07-31	26.11x
2011-05-01	24.04x
2011-01-30	35.83x
2010-10-31	27.68x
2010-07-25	21.66x
2010-04-25	20.94x
2010-01-24	26.78x
2009-10-31	24.35x
2009-07-26	17.17x
2009-04-26	17.88x
2009-01-25	17.50x
2008-07-27	6.76x
2008-01-27	12.95x
2007-01-28	18.84x

DATE

INTEREST COVERAGE RATIO

2026-04-26

10.95x

2026-01-25

12.35x

2025-10-26

0.11x

2025-07-27

12.32x

2025-04-27

12.73x

2025-01-26

11.73x

2024-10-31

15.16x

2024-07-28

11.03x

2024-04-28

11.64x

2024-01-28

15.52x

2023-10-31

14.71x

2023-07-30

11.80x

2023-04-30

16.14x

2023-01-29

15.78x

2022-10-31

20.86x

2022-07-31

18.64x

2022-05-01

22.84x

2022-01-30

21.84x

2021-10-31

22.94x

2021-07-25

17.73x

2021-04-25

37.16x

2021-01-24

32.58x

2020-10-31

33.45x

2020-07-26

43.60x

2020-04-26

42.10x

2020-01-26

78.41x

2019-10-31

103.71x

2019-07-28

79.88x

2019-04-28

55.63x

2019-01-27

49.82x

2018-10-31

51.26x

2018-07-29

30.43x

2018-04-29

43.10x

2018-01-28

63.85x

2017-10-31

92.08x

2017-07-30

91.50x

2017-04-30

104.54x

2017-01-29

117.44x

2016-10-31

111.24x

2016-07-24

87.32x

2016-04-24

106.91x

2016-01-24

66.95x

2015-10-31

76.55x

2015-07-26

73.88x

2015-04-26

90.07x

2015-01-25

86.41x

2014-10-31

77.64x

2014-07-27

68.64x

2014-04-27

63.71x

2014-01-26

76.66x

2013-10-31

77.61x

2013-07-28

50.50x

2013-04-28

59.49x

2013-01-27

64.06x

2012-10-31

64.07x

2012-07-29

53.59x

2012-04-29

59.32x

2012-01-29

60.96x

2011-10-31

57.12x

2011-07-31

26.11x

2011-05-01

24.04x

2011-01-30

35.83x

2010-10-31

27.68x

2010-07-25

21.66x

2010-04-25

20.94x

2010-01-24

26.78x

2009-10-31

24.35x

2009-07-26

17.17x

2009-04-26

17.88x

2009-01-25

17.50x

2008-07-27

6.76x

2008-01-27

12.95x

2007-01-28

18.84x

Interest Coverage Ratio: 10.95x

HRL Interest Coverage Ratio

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HRL Interest Coverage Ratio History

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