Hormel Foods Balance Sheet Health
Financial Health criteria checks 4/6
Hormel Foods has a total shareholder equity of $8.1B and total debt of $2.8B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are $13.5B and $5.4B respectively. Hormel Foods's EBIT is $1.0B making its interest coverage ratio 22.5. It has cash and short-term investments of $630.7M.
Key information
35.01%
Debt to equity ratio
US$2.83b
Debt
| Interest coverage ratio | 22.5x |
| Cash | US$630.67m |
| Equity | US$8.09b |
| Total liabilities | US$5.40b |
| Total assets | US$13.50b |
Recent financial health updates
Recent updates
Hormel Foods: Shares Haven't Been This Cheap In A Decade
Oct 24Hormel Foods (NYSE:HRL) Is Due To Pay A Dividend Of $0.29
Sep 26
Hormel Foods (NYSE:HRL) Has Affirmed Its Dividend Of $0.29
Jun 23Analyst Estimates: Here's What Brokers Think Of Hormel Foods Corporation (NYSE:HRL) After Its Second-Quarter Report
Jun 01There's Reason For Concern Over Hormel Foods Corporation's (NYSE:HRL) Price
May 29Hormel Foods Corporation (NYSE:HRL) Shares Could Be 38% Below Their Intrinsic Value Estimate
May 03Hormel Foods (NYSE:HRL) Has Affirmed Its Dividend Of $0.29
Mar 28Hormel: A SWAN Stock To Own At The Right Price
Mar 25Hormel: This Turkey Continues To Defy Gravity
Mar 04Hormel: Worth Considering At A 4% Yield (Rating Upgrade)
Feb 15Is Hormel Foods (NYSE:HRL) A Risky Investment?
Jan 09Hormel Foods (NYSE:HRL) Is Increasing Its Dividend To $0.29
Dec 13Hormel Foods Corporation (NYSE:HRL) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
Dec 07Hormel Foods: Bears Strike Yet Another Blow
Dec 04Hormel Foods' (NYSE:HRL) Upcoming Dividend Will Be Larger Than Last Year's
Nov 29Sentiment Still Eluding Hormel Foods Corporation (NYSE:HRL)
Nov 17Hormel Foods: A Former Darling Has Fallen Out Of Favor
Sep 27
Elevating Foodservice And Retail With Strategic Innovations Fuels Market Domination
Hormel Foods' strategic focus on Foodservice and International segments aims for above-industry growth through differentiation and favourable market conditions.Hormel Foods' Q3 Earnings Cook, But Revenue Misses The Plate
Sep 05Hormel Foods: How Good Is The Dividend Profile, And Is It A Good Buy Now?
Aug 16Hormel Foods: The Reasons We Are Not Starting A Position
Jun 11Hormel: You Are Two-Thirds Of The Way There
Jun 05Hormel Foods: A Wait And See Approach For This Dividend King
Apr 30Financial Position Analysis
Short Term Liabilities: HRL's short term assets ($3.3B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: HRL's short term assets ($3.3B) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: HRL's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: HRL's debt to equity ratio has increased from 19.8% to 35% over the past 5 years.
Debt Coverage: HRL's debt is well covered by operating cash flow (32.9%).
Interest Coverage: HRL's interest payments on its debt are well covered by EBIT (22.5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/02 11:49 |
| End of Day Share Price | 2025/10/31 00:00 |
| Earnings | 2025/07/27 |
| Annual Earnings | 2024/10/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Hormel Foods Corporation is covered by 27 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Benjamin Theurer | Barclays |
| Benjamin Theurer | Barclays |