Dolby Laboratories, Inc. vs Hormel Foods Corp — how do they compare? Dolby Laboratories, Inc. trades at $60.9 (market cap $5.75B), while Hormel Foods Corp trades at $24.36 (market cap $13.37B). The key difference: Hormel Foods Corp is far larger — about 2.3× Dolby Laboratories, Inc.'s market cap, and Hormel Foods Corp pays the higher dividend (4.81%). Which is the better fit depends on your goals.
| DLB | HRL | |
|---|---|---|
Market Cap | $5.75B | $13.37B |
Sector | Industrials | Consumer Staples |
52-Week High | $75.62 | $29.25 |
52-Week Low | $48.51 | $19.74 |
Enterprise Value | $5.12B | $15.37B |
Dividend Yield | 2.35% | 4.81% |
Trailing returns across standard periods
Latest headlines on both assets
Dolby Laboratories Inc develops audio and surround sound for cinema, broadcast, home audio systems, in-car entertainment systems, DVD players, games, televisions, and personal computers. The company generates three fourths of its revenue from licensing its technology to consumer electronics manufacturers around the world. The rest of revenue comes from equipment sales to professional producers and audio engineering services.
Read more on DLB →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 →