AMETEK, Inc. vs Conagra Brands Inc — how do they compare? AMETEK, Inc. trades at $255.78 (market cap $58.76B), while Conagra Brands Inc trades at $14.93 (market cap $7.14B). The key difference: AMETEK, Inc. is far larger — about 8.2× Conagra Brands Inc's market cap, and Conagra Brands Inc pays the higher dividend (8.2%). Which is the better fit depends on your goals.
| AME | CAG | |
|---|---|---|
Market Cap | $58.76B | $7.14B |
Sector | Industrials | Consumer Staples |
52-Week High | $256.30 | $20.02 |
52-Week Low | $179.28 | $12.58 |
Enterprise Value | $60.30B | $14.20B |
Dividend Yield | 0.53% | 8.2% |
Trailing returns across standard periods
Ametek is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. About half of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.
Read more on AME →Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of revenue and profits). It has a significant presence in the freezer aisle, with brands such as Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Other popular brands include Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. While the majority of revenue is sold into the U.S. retail channel, 9% of fiscal 2022 sales were to the food-service channel, down from 11% in fiscal 2019 due to the pandemic.
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