Hormel Foods Corporation (HRL) Short-Term Debt
The short-term debt for Hormel Foods Corporation (HRL) is $6.65 Million with a year-over-year change of -14.94%. Short-term debt includes all borrowings and debt obligations due within one year, including the current portion of long-term debt, commercial paper, and credit facilities.
HRL Short-Term Debt Chart
Current Short-Term Debt
$6.65M
$6.65 Million
Year-over-Year Change
-14.94%
vs. $7.81M prior year
Historical Data
30
Years of data available
Annual Short-Term Debt History
| Year | Short-Term Debt | YoY Change | % Change |
|---|---|---|---|
| 2025 | $6.65M | $-1.17M | -14.94% |
| 2024 | $7.81M | $-942.72M | -99.18% |
| 2023 | $950.53M | +$941.73M | +10706.38% |
| 2022 | $8.80M | +$40,000 | +0.46% |
| 2021 | $8.76M | $-249.94M | -96.62% |
| 2020 | $258.69M | +$258.69M | — |
| 2019 | $0 | +$0 | — |
| 2018 | $0 | +$0 | — |
| 2017 | $0 | +$0 | — |
| 2016 | $0 | $-185.00M | -100.00% |
| 2015 | $185.00M | +$185.00M | — |
| 2014 | $0 | +$0 | — |
| 2013 | $0 | +$0 | — |
| 2012 | $0 | +$0 | — |
| 2011 | $0 | $-350.00M | -100.00% |
| 2010 | $350.00M | +$350.00M | — |
| 2009 | $0 | $-100.00M | -100.00% |
| 2008 | $100.00M | +$29.95M | +42.76% |
| 2007 | $70.05M | +$69.68M | +19039.07% |
| 2006 | $366,000 | $-10.71M | -96.70% |
| 2005 | $11.07M | $-4.68M | -29.73% |
| 2004 | $15.76M | +$1.47M | +10.25% |
| 2003 | $14.29M | +$475,000 | +3.44% |
| 2002 | $13.82M | $-25.21M | -64.59% |
| 2001 | $39.03M | +$595,000 | +1.55% |
| 2000 | $38.44M | $-2.76M | -6.70% |
| 1999 | $41.20M | +$35.10M | +575.41% |
| 1998 | $6.10M | +$1.50M | +32.61% |
| 1997 | $4.60M | +$2.10M | +84.00% |
| 1996 | $2.50M | — | — |
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