American Electric Power Company Inc vs Hormel Foods Corp — how do they compare? American Electric Power Company Inc trades at $123.61 (market cap $66.87B), while Hormel Foods Corp trades at $24.2 (market cap $13.59B). The key difference: American Electric Power Company Inc is far larger — about 4.9× Hormel Foods Corp's market cap, and Hormel Foods Corp pays the higher dividend (4.74%). Which is the better fit depends on your goals.
| AEP | HRL | |
|---|---|---|
Market Cap | $66.87B | $13.59B |
Sector | Utilities | Consumer Staples |
52-Week High | $138.69 | $29.25 |
52-Week Low | $106.44 | $19.74 |
Enterprise Value | $119.77B | $15.59B |
Dividend Yield | 3.09% | 4.74% |
Trailing returns across standard periods
Latest headlines on both assets
American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million customers in 11 states. About 43% of AEP's of capacity is coal, with the remainder from a mix of natural gas (27%), renewable energy and hydro (19%), nuclear (7%), and demand response (4%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.
Read more on AEP →Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Moore, Applegate, Wholly Guacamole, and Skippy. The vast majority of the company's revenue is U.S.-based: 64% U.S. retail, 28% U.S. food service, and 8% international. By product type, in fiscal 2021, 23% of revenue was shelf-stable foods, 18% was poultry (branded and commodity), 55% was other perishable food, and 3% was other, primarily nutritional products. The company holds the number-one market position in shelf-stable meat, shelf-stable ready meals, pepperoni, natural/organic deli meat, and guacamole and the number-two position in turkey, bacon, chilled ready meals, and peanut butter.
Read more on HRL →