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Hormel Foods HRL Long-Term Debt

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Other financials

Income statement

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Revenue$3.0B+2.5%
Gross profit$518.5M+7.0%
Operating income$217.1M-12.6%
Net income$157.5M-12.5%
EPS (diluted)$0.29-12.1%

Balance sheet

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Cash & equivalents$826.8M+23.5%
Total debt$2.9B-0.2%
Total equity$7.9B-1.0%
Total assets$13.3B-0.6%

Cash flow

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Operating cash flow$178.9M+217%
CapEx$82.2M+9.4%
Free cash flow$96.8M

Valuation

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Market cap$13.88B+11.2%
Enterprise value$15.93B
P/E19.8×
P/S1.1×

Profitability

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Gross margin15.7%-0.8pp
Operating margin5.8%-2.7pp
Net margin6.3%-0.3pp
FCF margin5.7%-0.3pp

Returns & leverage

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Return on equity9.5%-0.6pp
Debt / equity0.4×0.0×
Current ratio1.9×-0.5×

Where this comes from

Reported directly by Hormel Foods in its filing.

Tagged under the XBRL concept us-gaap:LongTermDebtNoncurrent.

The source filing: Hormel Foods’s 10-Q, filed May 28, 2026.

Filed
May 28, 2026, 2:14 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000048465-26-000026
In thousands, except share and per share amountsApril 26, 2026October 26, 2025
Taxes Payable3,05918,752
Current Maturities of Long-term Debt505,3356,646
Total Current Liabilities1,802,7911,380,796
Long-term Debt Less Current Maturities2,351,0042,850,778
Pension and Postretirement Benefits353,569358,984
Deferred Income Taxes657,431661,349
Other Long-term Liabilities215,615225,397
Shareholders’ Investment

Item 1. FINANCIAL STATEMENTS

FAQ

What is Hormel Foods's long-term debt?
Hormel Foods (HRL) reported long-term debt of $2.35B in Q1 2026.
How has Hormel Foods's long-term debt changed year-over-year?
Hormel Foods's long-term debt decreased by 17.5% year-over-year, from $2.85B to $2.35B.
What is the long-term trend for Hormel Foods's long-term debt?
Over 5 years (2020 to 2025), Hormel Foods's long-term debt has grown at a 22.2% compound annual growth rate (CAGR), from $1.04B to $2.85B.
What does long-term debt mean?
Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

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