Hormel Foods Corporation (HRL)

Financial leverage ratio

Oct 31, 2025 Oct 31, 2024 Oct 27, 2024 Oct 31, 2023 Oct 29, 2023
Total assets US$ in thousands 13,393,100 13,434,700 13,434,700 13,448,800 13,448,800
Total stockholders’ equity US$ in thousands 7,915,820 7,993,420 7,993,420 7,734,880 7,734,880
Financial leverage ratio 1.69 1.68 1.68 1.74 1.74

October 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $13,393,100K ÷ $7,915,820K
= 1.69