Hormel Foods Corporation (HRL) Quick Ratio (Acid-Test): 1.20
Is Hormel Foods Corporation’s quick ratio (acid-test) high or low?
Hormel Foods Corporation's quick ratio (acid-test) of 1.20 is in line with its 5-year average of 1.20, around the middle of its 5-year range (0.70–1.67).
The quick ratio (acid-test) for Hormel Foods Corporation (HRL) is 1.20 as of Tuesday, June 9, 2026. It is above its 12-month average by 0.42% (1.19).
HRL Quick Ratio (Acid-Test) Chart
HRL Average Quick Ratio (Acid-Test) Chart
HRL Current vs Average Quick Ratio (Acid-Test) Chart
HRL Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.20
QUICK RATIO (ACID-TEST) AVG TTM
1.19
QUICK RATIO (ACID-TEST) AVG 3Y
1.10
QUICK RATIO (ACID-TEST) AVG 5Y
1.20
QUICK RATIO (ACID-TEST) AVG 10Y
1.11
QUICK RATIO (ACID-TEST) AVG 15Y
1.18
QUICK RATIO (ACID-TEST) AVG 20Y
1.13
CURRENT VS TTM AVG
+0.42%
CURRENT VS 3Y AVG
+9.34%
CURRENT VS 5Y AVG
+0.28%
CURRENT VS 10Y AVG
+7.93%
CURRENT VS 15Y AVG
+1.69%
CURRENT VS 20Y AVG
+6.19%
HRL Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hormel Foods Corporation (HRL) | — | 1.20 | 1.19 | 1.10 | 1.20 |
| McCormick & Company, Incorporated (MKC) | $13.07B | 0.28 | 0.30 | 0.29 | 0.30 |
| The J. M. Smucker Company (SJM) | $11.99B | 0.33 | 0.34 | 0.47 | 0.45 |
| The Clorox Company (CLX) | $11.91B | 0.57 | 0.60 | 0.58 | 0.66 |
| General Mills, Inc. (GIS) | $18.00B | 0.43 | 0.41 | 0.40 | 0.43 |
| Celsius Holdings, Inc. (CELH) | $7.21B | 1.37 | 2.31 | 3.20 | 2.73 |
| Conagra Brands, Inc. (CAG) | $6.29B | 0.24 | 0.30 | 0.29 | 0.32 |
| Dollar Tree, Inc. (DLTR) | $21.55B | 0.29 | 0.52 | 0.60 | 0.47 |
| Church & Dwight Co., Inc. (CHD) | $22.99B | 0.71 | 0.97 | 0.80 | 0.67 |
| Constellation Brands, Inc. (STZ) | $24.12B | 0.55 | 0.56 | 0.55 | 0.70 |
Liquidity Comparison
Quick Ratio
1.20
Excludes inventory
Current Ratio
2.47
Includes inventory
Hormel Foods Corporation Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Hormel Foods Corporation Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Hormel Foods Corporation (HRL)?
- The quick ratio (acid-test) for HRL stock is 1.20.
- Is Hormel Foods Corporation's quick ratio (acid-test) high or low?
- Hormel Foods Corporation's quick ratio (acid-test) of 1.20 is in line with its 5-year average of 1.20, around the middle of its 5-year range (0.70–1.67).
- What is the TTM average quick ratio (acid-test) for Hormel Foods Corporation (HRL)?
- The TTM average quick ratio (acid-test) for HRL stock is 1.19.
- What is the 3Y average quick ratio (acid-test) for Hormel Foods Corporation (HRL)?
- The 3Y average quick ratio (acid-test) for HRL stock is 1.10.
- What is the 5Y average quick ratio (acid-test) for Hormel Foods Corporation (HRL)?
- The 5Y average quick ratio (acid-test) for HRL stock is 1.20.
- What is the 10Y average quick ratio (acid-test) for Hormel Foods Corporation (HRL)?
- The 10Y average quick ratio (acid-test) for HRL stock is 1.11.
- What is the 15Y average quick ratio (acid-test) for Hormel Foods Corporation (HRL)?
- The 15Y average quick ratio (acid-test) for HRL stock is 1.18.
- What is the 20Y average quick ratio (acid-test) for Hormel Foods Corporation (HRL)?
- The 20Y average quick ratio (acid-test) for HRL stock is 1.13.
Hormel Foods Corporation Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-10-26 | 1.20 |
| 2024-10-31 | 1.19 |
| 2023-10-31 | 0.70 |
| 2022-10-31 | 1.30 |
| 2021-10-31 | 1.12 |
| 2020-10-31 | 1.67 |
| 2019-10-31 | 1.19 |
| 2018-10-31 | 0.95 |
| 2017-10-31 | 1.04 |
| 2016-10-31 | 0.99 |
| 2015-10-31 | 0.88 |
| 2014-10-31 | 1.13 |
| 2013-10-31 | 1.38 |
| 2012-10-31 | 1.74 |
| 2011-10-31 | 1.43 |
| 2010-10-31 | 0.97 |
| 2009-10-31 | 1.24 |
| 2008-10-31 | 0.84 |
| 2007-10-31 | 0.88 |
| 2006-10-31 | 0.98 |
| 2005-10-31 | 0.91 |
| 2004-10-31 | 1.30 |
| 2003-10-31 | 0.95 |
| 2002-10-31 | 1.48 |
| 2001-10-31 | 1.26 |
| 2000-10-31 | 1.25 |
| 1999-10-31 | 1.37 |
| 1998-10-31 | 1.79 |
| 1997-10-31 | 1.56 |
| 1996-10-31 | 1.70 |
Related Metrics
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.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- CEO
- Jeffrey Ettinger