Question 1

What is Hormel Foods's EV/EBITDA ratio?

Accepted Answer

Hormel Foods (HRL) EV/EBITDA ratio is 14.5× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Hormel Foods?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Hormel Foods specifically, the relevant sector benchmark is the current sector median of 13.0×.

Question 5

Is Hormel Foods's EV/EBITDA ratio high or low?

Accepted Answer

Hormel Foods's EV/EBITDA ratio of 14.5× is below its own 5-year average of 16.4× and above the sector median of 13.0×. That places the current reading at the 27th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Hormel Foods's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Hormel Foods (HRL) EV/EBITDA ratio has ranged from a low of 6.4× in 2008 to a high of 22.4× in 2022. The 5-year average is 16.4× and the 5-year median is 15.9×.

Question 7

What was Hormel Foods's EV/EBITDA ratio in 2025?

Accepted Answer

Hormel Foods (HRL) EV/EBITDA ratio at the end of 2025 was 15.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Hormel Foods's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$13.07B	$1.01B	15.1×	+1.4×	Oct 26, 2025
2024	$16.77B	$1.37B	13.7×	-1.8×	Oct 31, 2024
2023	$17.79B	$1.31B	15.5×	-1.7×	Oct 31, 2023
2022	$25.37B	$1.60B	17.3×	-1.3×	Oct 31, 2022
2021	$23.30B	$1.40B	18.6×	-0.6×	Oct 31, 2021
2020	$26.28B	$1.35B	19.2×	+3.9×	Oct 31, 2020
2019	$21.84B	$1.39B	15.4×	-1.7×	Oct 31, 2019
2018	$23.26B	$1.37B	17.1×	+5.7×	Oct 31, 2018
2017	$16.45B	$1.42B	11.4×	-2.4×	Oct 31, 2017
2016	$20.36B	$1.46B	13.8×	-1.1×	Oct 31, 2016
2015	$17.86B	$1.20B	14.9×	+1.6×	Oct 31, 2015
2014	$14.21B	$1.07B	13.3×	+1.2×	Oct 31, 2014
2013	$11.47B	$936.26M	12.1×	+3.9×	Oct 31, 2013
2012	$7.77B	$890.69M	8.1×	-0.5×	Oct 31, 2012
2011	$7.81B	$865.66M	8.7×	+1.1×	Oct 31, 2011
2010	$6.08B	$776.73M	7.6×	+0.5×	Oct 31, 2010
2009	$4.89B	$682.55M	7.1×	+0.7×	Oct 31, 2009
2008	$3.80B	$639.85M	6.4×	-2.0×	Oct 31, 2008
2007	$4.97B	$626.36M	8.4×	-0.6×	Oct 31, 2007
2006	$4.97B	$571.81M	9.0×	—	Oct 31, 2006
2005	$4.38B	−$9.46B	—	—	Oct 31, 2005
2004	$3.82B	$472.09M	8.3×	-1.1×	Oct 31, 2004
2003	$3.42B	$398.43M	9.4×	+0.7×	Oct 31, 2003
2002	$3.35B	$401.49M	8.6×	-0.6×	Oct 31, 2002
2001	$3.28B	$390.50M	9.2×	—	Oct 31, 2001


Procter & Gamble (PG)	16.1×
Keurig Dr Pepper (KDP)	15.0×
Bunge Global S.A. (BG)	14.2×
Sysco (SYY)	13.4×
Archer-Daniels-Midland (ADM)	13.0×
Dollar General (DG)	13.0×
Performance Food Group (PFGC)	12.6×
Kimberly-Clark (KMB)	12.6×
Kenvue (KVUE)	12.5×
General Mills (GIS)	12.4×
Marzetti (MZTI)	12.2×
Clorox (CLX)	12.1×
Constellation Brands (STZ)	12.0×
Tyson Foods (TSN)	11.9×
Lamb Weston (LW)	11.7×
Brown-Forman (BF-B)	11.6×
Altria Group (MO)	11.2×
Dollar Tree (DLTR)	11.0×
Kroger (KR)	10.4×
Campbell Soup (CPB)	10.1×
Andersons (ANDE)	9.8×
Universal Corporation (UVV)	8.7×
Target (TGT)	7.4×
Coca-Cola Europacific Partners (CCEP)	7.1×
Albertsons Companies (ACI)	7.1×

EV/EBITDA for Hormel Foods (HRL)

EV/EBITDA daily chart for Hormel Foods (HRL)

Historical EV/EBITDA for Hormel Foods (HRL) from 2001 to 2025

About EV/EBITDA at Hormel Foods (HRL)

Hormel Foods EV/EBITDA by Year

Hormel Foods EV/EBITDA 2025: 15.1×

Hormel Foods EV/EBITDA 2024: 13.7×

Hormel Foods EV/EBITDA 2023: 15.5×

Hormel Foods EV/EBITDA 2022: 17.3×

Hormel Foods EV/EBITDA 2021: 18.6×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Hormel Foods (HRL) Key Financials

EV/EBITDA daily chart for Hormel Foods (HRL)

Historical EV/EBITDA for Hormel Foods (HRL) from 2001 to 2025

About EV/EBITDA at Hormel Foods (HRL)

Hormel Foods EV/EBITDA by Year

Hormel Foods EV/EBITDA 2025: 15.1×

Hormel Foods EV/EBITDA 2024: 13.7×

Hormel Foods EV/EBITDA 2023: 15.5×

Hormel Foods EV/EBITDA 2022: 17.3×

Hormel Foods EV/EBITDA 2021: 18.6×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is Hormel Foods's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for Hormel Foods?

+Is Hormel Foods's EV/EBITDA ratio high or low?

+What is Hormel Foods's historical EV/EBITDA ratio range?

+What was Hormel Foods's EV/EBITDA ratio in 2025?

+Why does Hormel Foods's EV/EBITDA ratio change over time?

Hormel Foods (HRL) Key Financials