A hot-rolled steel sheet includes a specific chemical composition, and includes a microstructure represented by, in vol %: retained austenite: 2% to 30%; ferrite: 20% to 85%; bainite: 10% to 60%; pearlite: 5% or less; and martensite: 10% or less. A proportion of grains having an intragranular misorientation of 5° to 14° in all grains is 5% to 50% by area ratio, the grain being defined as an area which is surrounded by a boundary having a misorientation of 15° or more and has a circle-equivalent diameter of 0.3 μm or more.