Hormel Foods Corporation (HRL)

Return on total capital

Oct 31, 2025 Oct 31, 2024 Oct 27, 2024 Oct 31, 2023 Oct 29, 2023
Earnings before interest and tax (EBIT) US$ in thousands 741,485 1,116,330 1,067,930 1,086,870 1,087,530
Long-term debt US$ in thousands — — 2,850,940 — 2,358,720
Total stockholders’ equity US$ in thousands 7,915,820 7,993,420 7,993,420 7,734,880 7,734,880
Return on total capital 9.37% 13.97% 9.85% 14.05% 10.77%

October 31, 2025 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $741,485K ÷ ($—K + $7,915,820K)
= 9.37%