AMETEK, Inc. vs Hormel Foods Corp — how do they compare? AMETEK, Inc. trades at $232.13 (market cap $53.63B), while Hormel Foods Corp trades at $24.46 (market cap $13.61B). The key difference: AMETEK, Inc. is far larger — about 3.9× Hormel Foods Corp's market cap, and Hormel Foods Corp pays the higher dividend (4.73%). Which is the better fit depends on your goals.
| AME | HRL | |
|---|---|---|
Market Cap | $53.63B | $13.61B |
Sector | Industrials | Consumer Staples |
52-Week High | $241.94 | $30.51 |
52-Week Low | $176.44 | $19.74 |
Enterprise Value | $55.33B | $15.61B |
Dividend Yield | 0.58% | 4.73% |
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 →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.
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