Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit: us-gaap: USD
Description: Amount of the cost of borrowed funds accounted for as interest expense.
Summary: Hormel Foods Corp /De/ quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
Hormel Foods Corp /De/ Interest Expense for the quarter ending April 28, 2024 was $21.7M, a 18.3% increase year-over-year.
Hormel Foods Corp /De/ Interest Expense for the twelve months ending April 28, 2024 was $76.7M, a 9.8% increase year-over-year.
Hormel Foods Corp /De/ annual Interest Expense for 2023 was $73.4M, a 17.4% increase from 2022.
Hormel Foods Corp /De/ annual Interest Expense for 2022 was $62.5M, a 44.4% increase from 2021.
Hormel Foods Corp /De/ annual Interest Expense for 2021 was $43.3M, a 106% increase from 2020.

Interest Expense, Trailing 12 Months (USD)

Interest Expense, Annual (USD)

Interest Expense, YoY Annual Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
2023	$73.4M	+$10.9M	+17.4%	Oct 31, 2022	Oct 29, 2023	10-K	2023-12-06
2022	$62.5M	+$19.2M	+44.4%	Nov 1, 2021	Oct 30, 2022	10-K	2023-12-06
2021	$43.3M	+$22.2M	+106%	Oct 26, 2020	Oct 31, 2021	10-K	2023-12-06
2020	$21.1M	+$3M	+16.6%	Oct 28, 2019	Oct 25, 2020	10-K	2022-12-06
2019	$18.1M	-$8.42M	-31.8%	Oct 29, 2018	Oct 27, 2019	10-K	2021-12-10
2018	$26.5M	+$13.8M	+109%	Oct 30, 2017	Oct 28, 2018	10-K	2020-12-04
2017	$12.7M	-$188K	-1.46%	Oct 31, 2016	Oct 29, 2017	10-K	2019-12-06
2016	$12.9M	-$240K	-1.83%	Oct 26, 2015	Oct 30, 2016	10-K	2018-12-07
2015	$13.1M	+$407K	+3.2%	Oct 27, 2014	Oct 25, 2015	10-K	2017-12-20
2014	$12.7M	+$251K	+2.02%	Oct 28, 2013	Oct 26, 2014	10-K	2016-12-21
2013	$12.5M	-$406K	-3.16%	Oct 29, 2012	Oct 27, 2013	10-K	2015-12-16
2012	$12.9M	-$9.8M	-43.3%	Oct 31, 2011	Oct 28, 2012	10-K	2014-12-17
2011	$22.7M	-$3.93M	-14.8%	Nov 1, 2010	Oct 30, 2011	10-K	2013-12-18
2010	$26.6M			Oct 26, 2009	Oct 31, 2010	10-K	2012-12-19

* An asterisk sign (*) next to the value indicates that the value is likely invalid.