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Hormel Foods HRL Total debt

Total debt at other companies

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The J.M. Smucker CompanySJM
$6.98B-10.6%
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$4.91B+38.3%
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PFG
Performance Food GroupPFGC

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 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.

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 total debt?
Hormel Foods (HRL) reported total debt of $2.88B in Q1 2026.
How has Hormel Foods's total debt changed year-over-year?
Hormel Foods's total debt decreased by 0.2% year-over-year, from $2.88B to $2.88B.
What is the long-term trend for Hormel Foods's total debt?
Over 5 years (2020 to 2025), Hormel Foods's total debt has grown at a 16.5% compound annual growth rate (CAGR), from $1.42B to $3.05B.
What does total debt mean?
The total amount of money a company owes to banks, bondholders, and lessors.
How do you interpret total debt?
An increase in total debt may signal aggressive expansion or a need to cover cash flow shortfalls, while a decrease indicates deleveraging and improved balance sheet health. High levels relative to earnings can increase financial risk, particularly in rising interest rate environments.
How does total debt compare across companies?
Peers in the consumer packaged goods sector typically maintain moderate debt levels to fund acquisitions or dividends, with comparisons often normalized by EBITDA to assess debt-servicing capacity.