HORMEL FOODS CORPORATION (HRL) Current Ratio
- Current ratio · latest quarter: Value 1.88×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-07-26; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 1.88× | Current assets / current liabilities. $3.53B ÷ $1.87B ≈ 1.88× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 3.53B USD | Assets, Current |
| Current obligations | 1.87B USD | Liabilities, Current |
| Cash and equivalents | 839.64M USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | 28.81M USD | Marketable Securities, Current |
| Customer receivables | (m) | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory | 1.80B USD | Inventory, Net |
| Payables | 678.00M USD | Accounts Payable, Current |
| Borrowing debt due within one year | 505.63M USD | Long-term Debt, Current Maturities |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-07-26 | $3.53B | $1.87B | $839.64M | $28.81M | (m) | $1.80B | $678.00M | $505.63M | 1.88× |
| 2026-04-26 | $3.49B | $1.80B | $826.75M | $33.11M | (m) | $1.75B | $669.38M | $505.33M | 1.94× |
| 2026-01-25 | $3.39B | $1.27B | $867.91M | $33.30M | $696.25M | $1.65B | $670.94M | $6.49M | 2.66× |
| 2025-10-26 | $3.41B | $1.38B | $670.68M | $32.91M | (m) | $1.75B | $731.58M | $6.65M | 2.47× |
| 2025-07-27 | $3.32B | $1.35B | $599.19M | $31.48M | $764.34M | $1.82B | $707.75M | $6.74M | 2.47× |
| 2025-04-27 | $3.28B | $1.33B | $669.69M | $29.29M | $743.98M | $1.73B | $716.89M | $7.25M | 2.47× |
| 2025-01-26 | $3.27B | $1.33B | $840.40M | $26.02M | $767.80M | $1.52B | $709.19M | $7.19M | 2.45× |
| 2024-10-27 | $3.25B | $1.40B | $741.88M | $24.74M | $817.91M | $1.58B | $735.60M | $7.81M | 2.32× |
| 2024-07-28 | $3.00B | $1.31B | $537.48M | $24.45M | $727.05M | $1.65B | $675.17M | $8.23M | 2.29× |
| 2024-04-28 | $3.98B | $2.30B | $1.49B | $23.07M | $731.98M | $1.67B | $691.50M | $957.29M | 1.73× |
| 2024-01-28 | $3.37B | $2.26B | $963.21M | $18.71M | $751.05M | $1.58B | (m) | $954.03M | 1.49× |
| 2023-10-29 | $3.30B | $2.31B | $736.53M | $16.66M | $817.39M | $1.68B | $771.40M | $950.53M | 1.43× |
| 2023-07-30 | $3.25B | $2.32B | $669.12M | $17.42M | $786.25M | $1.74B | $703.41M | $946.98M | 1.40× |
| 2023-04-30 | $3.16B | $1.31B | $580.50M | $17.53M | $761.90M | $1.75B | (m) | $8.96M | 2.42× |
| 2023-01-29 | $3.20B | $1.37B | $599.79M | $17.79M | $787.21M | $1.73B | (m) | $8.93M | 2.33× |
| 2022-10-30 | $3.64B | $1.47B | $982.11M | $16.15M | $867.59M | $1.72B | $816.60M | $8.80M | 2.47× |
| 2022-07-31 | $3.40B | $1.42B | $850.34M | $18.31M | $802.85M | $1.68B | (m) | $8.81M | 2.40× |
| 2022-05-01 | $3.37B | $1.48B | $861.72M | $23.48M | $795.29M | $1.60B | (m) | $8.08M | 2.28× |
| 2022-01-30 | $3.09B | $1.42B | $824.43M | $22.19M | $812.71M | $1.39B | (m) | $8.83M | 2.19× |
| 2021-10-31 | $2.95B | $1.42B | $613.53M | $21.16M | $895.72M | $1.37B | $793.31M | $8.76M | 2.08× |
| 2021-07-25 | $2.69B | $1.25B | $291.36M | $18.37M | $896.01M | $1.43B | $654.16M | $8.73M | 2.15× |
| 2021-04-25 | $3.51B | $1.18B | $1.48B | $17.70M | $722.18M | $1.23B | $577.37M | $9.33M | 2.99× |
| 2021-01-24 | $3.60B | $1.42B | $1.75B | $17.52M | $706.65M | $1.09B | $558.52M | $258.69M | 2.54× |
| 2020-10-25 | $3.58B | $1.50B | $1.71B | $17.34M | $702.42M | $1.07B | $644.61M | $258.69M | 2.38× |
| 2020-07-26 | $3.41B | $1.43B | $1.73B | $17.56M | $648.99M | $982.36M | $537.53M | $258.69M | 2.39× |
| 2020-04-26 | $2.25B | $1.32B | $606.07M | $16.84M | $536.01M | $1.05B | $502.13M | $258.30M | 1.70× |
| 2020-01-26 | $2.39B | $1.02B | $724.42M | $14.81M | $562.48M | $1.06B | $490.04M | $8.26M | 2.34× |
| 2019-10-27 | $2.36B | $1.11B | $672.90M | $14.74M | $574.40M | $1.04B | $590.03M | $0.00 | 2.14× |
| 2019-07-28 | $2.25B | $1.07B | $560.20M | $14.06M | $528.58M | $1.11B | $513.37M | (m) | 2.09× |
| 2019-04-28 | $2.25B | $1.05B | $639.33M | $6.67M | $537.45M | $1.03B | $523.67M | (m) | 2.14× |
| 2019-01-27 | $2.10B | $1.44B | $512.69M | (m) | $565.06M | $994.43M | $505.62M | $374.88M | 1.46× |
| 2018-10-28 | $2.05B | $1.14B | $459.14M | $0.00 | $600.44M | $963.53M | $618.83M | $0.00 | 1.80× |
| 2018-07-29 | $1.85B | $1.10B | $268.98M | (m) | $559.18M | $1.00B | $488.98M | (m) | 1.69× |
| 2018-04-29 | $1.85B | $1.15B | $261.57M | (m) | $551.39M | $1.01B | $465.57M | (m) | 1.61× |
| 2018-01-28 | $1.95B | $1.32B | $385.77M | (m) | $569.10M | $973.22M | $532.85M | (m) | 1.47× |
| 2017-10-29 | $2.03B | $1.06B | $444.12M | (m) | $618.35M | $921.02M | $552.71M | $0.00 | 1.92× |
| 2017-07-30 | $2.22B | $877.77M | $633.34M | (m) | $549.01M | $1.01B | $421.17M | (m) | 2.53× |
| 2017-04-30 | $2.13B | $824.59M | $548.90M | (m) | $525.32M | $988.41M | $372.36M | (m) | 2.58× |
| 2017-01-29 | $2.12B | $919.76M | $609.82M | (m) | $530.85M | $958.13M | $387.71M | (m) | 2.30× |
| 2016-10-30 | $2.03B | $1.05B | $415.14M | (m) | $591.31M | $985.68M | $481.83M | (m) | 1.93× |
| 2016-07-24 | $2.01B | $1.13B | $379.60M | (m) | $564.92M | $1.03B | $414.69M | (m) | 1.78× |
| 2016-04-24 | $1.98B | $937.38M | $379.88M | (m) | $548.50M | $1.03B | $389.42M | (m) | 2.11× |
| 2016-01-24 | $1.95B | $1.02B | $375.21M | (m) | $554.74M | $994.83M | $411.03M | (m) | 1.91× |
| 2015-10-25 | $2.06B | $1.21B | $347.24M | (m) | $605.69M | $993.26M | $495.32M | (m) | 1.70× |
| 2015-07-26 | $2.00B | $1.25B | $349.17M | (m) | $549.06M | $984.45M | $393.80M | (m) | 1.61× |
| 2015-04-26 | $2.30B | $870.18M | $624.39M | (m) | $578.73M | $963.48M | $385.86M | (m) | 2.65× |
| 2015-01-25 | $2.25B | $937.30M | $527.10M | (m) | $578.24M | $1.02B | $407.42M | (m) | 2.40× |
| 2014-10-26 | $2.13B | $954.69M | $334.17M | (m) | $609.53M | $1.05B | $484.04M | (m) | 2.23× |
| 2014-07-27 | $2.25B | $785.10M | $530.98M | (m) | $536.50M | $1.08B | $358.02M | (m) | 2.86× |
| 2014-04-27 | $2.17B | $751.99M | $499.33M | (m) | $515.16M | $1.05B | $339.35M | (m) | 2.89× |
| 2014-01-26 | $2.17B | $824.52M | $639.84M | (m) | $505.02M | $924.50M | $354.83M | (m) | 2.63× |
| 2013-10-27 | $2.05B | $784.01M | $434.01M | (m) | $551.50M | $967.98M | $387.28M | (m) | 2.61× |
| 2013-07-28 | $1.95B | $789.48M | $329.50M | (m) | $514.40M | $1.00B | $369.89M | (m) | 2.47× |
| 2013-04-28 | $1.83B | $707.89M | $262.75M | (m) | $462.24M | $998.93M | $315.04M | (m) | 2.59× |
| 2013-01-27 | $2.40B | $737.39M | $887.68M | (m) | $466.54M | $953.68M | $324.37M | (m) | 3.25× |
| 2012-10-28 | $2.32B | $786.30M | $682.39M | $77.39M | $507.04M | $950.52M | $385.88M | (m) | 2.95× |
| 2012-07-29 | $2.12B | $676.71M | $533.22M | $77.01M | $474.43M | $927.05M | $289.21M | (m) | 3.13× |
| 2012-04-29 | $2.06B | $699.97M | $524.78M | $76.81M | $439.35M | $912.67M | $318.43M | (m) | 2.94× |
| 2012-01-29 | $2.02B | $724.59M | $548.62M | $76.38M | $422.50M | $882.83M | $308.72M | (m) | 2.79× |
| 2011-10-30 | $2.00B | $778.19M | $463.13M | $76.08M | $461.11M | $885.82M | $390.17M | (m) | 2.57× |
| 2011-07-31 | $1.98B | $700.96M | $497.36M | $76.13M | $427.93M | $865.88M | $301.58M | $0.00 | 2.82× |
| 2011-05-01 | $2.29B | $1.01B | $913.70M | $51.00M | $405.79M | $810.39M | $277.12M | $350.00M | 2.27× |
| 2011-01-30 | $1.95B | $1.02B | $598.81M | $50.72M | $406.68M | $787.28M | $267.81M | $350.00M | 1.91× |
| 2010-10-31 | $1.86B | $1.10B | $467.85M | $50.59M | $430.94M | $793.77M | $361.29M | $350.00M | 1.69× |
| 2010-07-25 | $1.71B | $1.02B | $376.92M | $50.21M | $383.89M | $790.88M | $297.11M | $350.00M | 1.68× |
| 2009-10-25 | $1.57B | $685.03M | $385.25M | $0.00 | $372.29M | $722.37M | $313.26M | $0.00 | 2.30× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.