HRL
Price:
$30.67
Market Cap:
$16.82B
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the ...[Read more]
Industry
Packaged Foods
IPO Date
1980-03-17
Stock Exchange
NYSE
Ticker
HRL
According to Hormel Foods Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 2.29. This represents a change of 32.11% compared to the average of 1.73 of the last 4 quarters.
The mean historical Current Ratio of Hormel Foods Corporation over the last ten years is 2.01. The current 2.29 Current Ratio has changed 11.30% with respect to the historical average. Over the past ten years (40 quarters), HRL's Current Ratio was at its highest in in the April 2021 quarter at 2.99. The Current Ratio was at its lowest in in the July 2023 quarter at 1.40.
Average
2.01
Median
2.00
Minimum
1.43
Maximum
2.47
Discovering the peaks and valleys of Hormel Foods Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 18.72%
Maximum Annual Current Ratio = 2.47
Minimum Annual Increase = -42.23%
Minimum Annual Current Ratio = 1.43
Year | Current Ratio | Change |
---|---|---|
2023 | 1.43 | -42.23% |
2022 | 2.47 | 18.56% |
2021 | 2.08 | -12.50% |
2020 | 2.38 | 11.36% |
2019 | 2.14 | 18.72% |
2018 | 1.80 | -6.00% |
2017 | 1.92 | -0.64% |
2016 | 1.93 | 13.42% |
2015 | 1.70 | -23.93% |
2014 | 2.23 | -14.45% |
The current Current Ratio of Hormel Foods Corporation (HRL) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.99
5-year avg
2.10
10-year avg
2.01
Hormel Foods Corporation’s Current Ratio is greater than Campbell Soup Company (0.61), greater than General Mills, Inc. (0.66), greater than Kellanova (0.77), greater than Lamb Weston Holdings, Inc. (1.19), greater than The J. M. Smucker Company (0.55), greater than Conagra Brands, Inc. (0.94), greater than The Kraft Heinz Company (1.06),
Company | Current Ratio | Market cap |
---|---|---|
0.61 | $13.48B | |
0.66 | $36.09B | |
0.77 | $27.98B | |
1.19 | $10.97B | |
0.55 | $12.06B | |
0.94 | $13.09B | |
1.06 | $38.46B |
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