HRL (Hormel Foods) LT-Debt-to-Total-Asset: 0.18 (As of Apr. 2026)

What is Hormel Foods LT-Debt-to-Total-Asset?

Hormel Foods HRL -5.66% 68 LT-Debt-to-Total-Asset is 0.18 as of Apr. 2026. GuruFocus rates HRL with a GF Score™ of 68/100 and a GF Value™ of $31.22 (Modestly Undervalued). The stock has 5 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Hormel Foods's long-term debt to total assests ratio for the quarter that ended in Apr. 2026 was 0.18.

Hormel Foods's long-term debt to total assets ratio declined from Apr. 2025 (0.21) to Apr. 2026 (0.18). It may suggest that Hormel Foods is progressively becoming less dependent on debt to grow their business.

Hormel Foods (NYSE:HRL) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Hormel Foods LT-Debt-to-Total-Asset Related Terms

Hormel Foods LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Hormel Foods's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hormel Foods LT-Debt-to-Total-Asset Chart

Hormel Foods Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Oct25

LT-Debt-to-Total-Asset

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0.26

0.25

0.18

0.21

Hormel Foods Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.21	0.21	0.21	0.18

68GF Score

Hormel Foods Corp HRL

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Hormel Foods LT-Debt-to-Total-Asset Calculation

Hormel Foods's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2025 is calculated as

LT Debt to Total Assets (A: Oct. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2025 )	/	Total Assets (A: Oct. 2025 )
	=	2850.778	/	13393.119
	=	0.21

Hormel Foods's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

LT Debt to Total Assets (Q: Apr. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2026 )	/	Total Assets (Q: Apr. 2026 )
	=	2351.004	/	13344.286
	=	0.18

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.18 mean?

Hormel Foods (HRL) has a LT-Debt-to-Total-Asset of 0.18 as of Apr. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Hormel Foods and its competitors.

Is Hormel Foods' LT-Debt-to-Total-Asset too high?

Hormel Foods' current LT-Debt-to-Total-Asset is 0.18. Overall, Hormel Foods has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Hormel Foods' LT-Debt-to-Total-Asset compare to MKC and JBS?

Hormel Foods' LT-Debt-to-Total-Asset of 0.18 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Consumer Packaged Goods company?

A good LT-Debt-to-Total-Asset depends on the Consumer Packaged Goods industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Hormel Foods and its competitors. Hormel Foods's current LT-Debt-to-Total-Asset is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hormel Foods stock overvalued right now?

Based on GuruFocus' analysis, Hormel Foods (HRL) is currently considered Modestly Undervalued. The stock's GF Value™ is $31.22, compared to a current price of $24.82 — trading 20.5% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.18. Hormel Foods' overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Hormel Foods (HRL), the current LT-Debt-to-Total-Asset is 0.18 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hormel Foods (HRL) Overvalued in 2026?

Based on GuruFocus' analysis, Hormel Foods stock appears to be undervalued. The current stock price of $24.82 is trading 20.5% below its estimated GF Value™ of $31.22. GuruFocus considers Hormel Foods to be Modestly Undervalued.

Key valuation signals for HRL:

LT-Debt-to-Total-Asset: 0.18
GF Value™: $31.22 vs. price of $24.82 (20.5% below fair value)
GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the HRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hormel Foods Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies MKC JBS SJM GIS SFD DAR PPC CPB CAG LW XSWX:NESN XPAR:BN BOG:NUTRESA TSE:2802 NSE:NESTLEIND SHSE:603288 KHC SHSE:600887 SZSE:300999 LSE:ABF

Other Exchanges HRL:Mexico 1HRL:Italy 0J5Z:UK HO7:Germany H1RL34:Brazil HRL:Austria

Address 1 Hormel Place, Austin, MN, USA, 55912-3680

Website https://www.hormelfoods.com

Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and became a branded food company. The firm sells its wares through multiple channels, including US retail (61.6% of fiscal 2025 sales), US foodservice (32.6%), and international (5.9%). By product, 73% of fiscal 2025 sales were from perishable food and 27% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.

68GF Score

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$24.82

Price

$31.22

GF Value

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