Biogen Inc vs Hormel Foods Corp — how do they compare? Biogen Inc trades at $191.95 (market cap $30.86B), while Hormel Foods Corp trades at $24.8 (market cap $13.46B). The key difference: Biogen Inc is far larger — about 2.3× Hormel Foods Corp's market cap, and Hormel Foods Corp pays a 4.78% dividend while Biogen Inc pays none. Which is the better fit depends on your goals.
| BIIB | HRL | |
|---|---|---|
Market Cap | $30.86B | $13.46B |
Sector | Health | Consumer Staples |
52-Week High | $216.63 | $29.91 |
52-Week Low | $122.68 | $19.74 |
Enterprise Value | $33.14B | $15.46B |
Dividend Yield | — | 4.78% |
Trailing returns across standard periods
Latest headlines on both assets
Biogen and Idec merged in 2003, combining forces to market Biogen's multiple sclerosis drug Avonex and Idec's cancer drug Rituxan. Today, Rituxan and next-generation antibody Gazyva are marketed via a collaboration with Roche. Biogen also markets novel MS drugs Plegridy, Tysabri, Tecfidera, and Vumerity. In Japan, Biogen's MS portfolio is co-promoted by Eisai. Hemophilia therapies Eloctate and Alprolix (partnered with SOBI) were spun off as part of Bioverativ in 2017. Biogen has several drug candidates in phase 3 trials in neurology and neurodegenerative diseases and has launched Spinraza with partner Ionis. Aduhelm was approved as the firm's first Alzheimer's disease therapy in June 2021.
Read more on BIIB →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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