Hormel Foods Corporation (HRL)

Debt-to-assets ratio

Oct 31, 2025 Oct 31, 2024 Oct 27, 2024 Oct 31, 2023 Oct 29, 2023
Long-term debt US$ in thousands — — 2,850,940 — 2,358,720
Total assets US$ in thousands 13,393,100 13,434,700 13,434,700 13,448,800 13,448,800
Debt-to-assets ratio 0.00 0.00 0.21 0.00 0.18

October 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $13,393,100K
= 0.00