Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the interest coverage ratio high or low?
The interest coverage ratio of 9.21x is 39% below its 5-year average of 14.98x, around the middle of its 5-year range (0.11x–22.94x).
11.27% above its 12-month average of 8.28x.
Reported quarterly interest coverage; no daily interpolation. Q3 FY2026 (2026-07-26): 5.65x.
INTEREST COVERAGE RATIO
9.21x
INTEREST COVERAGE RATIO AVG TTM
8.28x
INTEREST COVERAGE RATIO AVG 3Y
12.44x
INTEREST COVERAGE RATIO AVG 5Y
14.98x
INTEREST COVERAGE RATIO AVG 10Y
35.15x
INTEREST COVERAGE RATIO AVG 15Y
49.37x
INTEREST COVERAGE RATIO AVG 20Y
44.38x
CURRENT VS TTM AVG
+11.27%
CURRENT VS 3Y AVG
-25.97%
CURRENT VS 5Y AVG
-38.52%
CURRENT VS 10Y AVG
-73.80%
CURRENT VS 15Y AVG
-81.35%
CURRENT VS 20Y AVG
-79.25%
SECTOR MEDIAN · CONSUMER DEFENSIVE
7.63x
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+20.79%
vs the sector median at left
Hormel Foods Corporation
Market Cap
$11.49B
Interest Coverage Ratio
9.21x
TTM Avg
8.28x
3Y Avg
12.44x
5Y Avg
14.98x
Market Cap
$12.23B
Interest Coverage Ratio
12.46x
TTM Avg
11.02x
3Y Avg
10.89x
5Y Avg
12.11x
Market Cap
$10.45B
Interest Coverage Ratio
12.78x
TTM Avg
13.08x
3Y Avg
10.83x
5Y Avg
10.41x
Market Cap
$13.12B
Interest Coverage Ratio
3.52x
TTM Avg
3.52x
3Y Avg
3.26x
5Y Avg
4.79x
Market Cap
$13.57B
Interest Coverage Ratio
5.57x
TTM Avg
5.31x
3Y Avg
5.26x
5Y Avg
5.97x
Market Cap
$7.93B
Interest Coverage Ratio
31.51x
TTM Avg
24.23x
3Y Avg
20.43x
5Y Avg
16.72x
Market Cap
$7.35B
Interest Coverage Ratio
-10.38x
TTM Avg
6.29x
3Y Avg
4.70x
5Y Avg
4.27x
Market Cap
$7.25B
Interest Coverage Ratio
9.57x
TTM Avg
9.57x
3Y Avg
9.57x
5Y Avg
8.47x
Market Cap
$7.25B
Interest Coverage Ratio
-4.26x
TTM Avg
2.62x
3Y Avg
2.84x
5Y Avg
3.08x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hormel Foods Corporation (HRL) | $11.49B | 9.21x | 8.28x | 12.44x | 14.98x |
| Brown-Forman Corporation (BF-B)vs › | $12.23B | 12.46x | 11.02x | 10.89x | 12.11x |
| The Clorox Company (CLX)vs › | $10.45B | 12.78x | 13.08x | 10.83x | 10.41x |
| The J. M. Smucker Company (SJM)vs › | $13.12B | 3.52x | 3.52x | 3.26x | 4.79x |
| McCormick & Company, Incorporated (MKC)vs › | $13.57B | 5.57x | 5.31x | 5.26x | 5.97x |
| Smithfield Foods, Inc. (SFD)vs › | $7.93B | 31.51x | 24.23x | 20.43x | 16.72x |
| Molson Coors Beverage Company (TAP)vs › | $7.35B | -10.38x | 6.29x | 4.70x | 4.27x |
| Celsius Holdings, Inc. (CELH)vs › | $7.25B | 9.57x | 9.57x | 9.57x | 8.47x |
| Conagra Brands, Inc. (CAG)vs › | $7.25B | -4.26x | 2.62x | 2.84x | 3.08x |
| Sprouts Farmers Market, Inc. (SFM)vs › | $6.73B | 259.93x | 173.62x | 108.40x | 78.87x |
Interest Coverage
9.2x
Debt/Equity
0.36
Current Ratio
1.88
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-07-26 | 5.65x |
| 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 |
| 2024-10-27 | 15.16x |
| 2024-07-28 | 11.03x |
| 2024-04-28 | 11.64x |
| 2024-01-28 | 15.52x |
| 2023-10-29 | 14.71x |
| 2023-07-30 | 11.80x |
| 2023-04-30 | 16.14x |
| 2023-01-29 | 15.78x |
| 2022-10-30 | 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 |