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Hormel Foods HRL Net debt / EBITDA

Net debt / EBITDA at other companies

The J.M. Smucker Company logo
The J.M. Smucker CompanySJM
7.5×
Tyson Foods logo
Tyson FoodsTSN
3.2×0.0×
The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC
7.5×+4.2×
General Mills logo
General MillsGIS
2.7×-0.1×
PFG
Performance Food GroupPFGC
-0.3×
McCormick & Company, Incorporated logo
McCormick & Company, IncorporatedMKC
3.6×+0.9×

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$13.3B
Enterprise value$15.35B
P/E18.9×
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

Calculated from Hormel Foods’s reported figures.

Based on the most recent quarter.

The official record: Hormel Foods’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hormel Foods's net debt / EBITDA?
Hormel Foods (HRL) reported net debt / EBITDA of 2.1× in Q1 2026.
How has Hormel Foods's net debt / EBITDA changed year-over-year?
Hormel Foods's net debt / EBITDA increased by 21.1% year-over-year, from 1.8× to 2.1×.
What is the long-term trend for Hormel Foods's net debt / EBITDA?
Over 5 years (2020 to 2025), Hormel Foods's net debt / EBITDA has grown at a 60.0% compound annual growth rate (CAGR), from -0.2× to 2.4×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.