Fortinet Inc vs Hormel Foods Corp — how do they compare? Fortinet Inc trades at $160.72 (market cap $118.78B), while Hormel Foods Corp trades at $24.22 (market cap $13.37B). The key difference: Fortinet Inc is far larger — about 8.9× Hormel Foods Corp's market cap, and Hormel Foods Corp pays a 4.81% dividend while Fortinet Inc pays none. Which is the better fit depends on your goals.
| FTNT | HRL | |
|---|---|---|
Market Cap | $118.78B | $13.37B |
Sector | Technology | Consumer Staples |
52-Week High | $168.29 | $29.25 |
52-Week Low | $75.23 | $19.74 |
Enterprise Value | $115.21B | $15.37B |
Dividend Yield | — | 4.81% |
Trailing returns across standard periods
Latest headlines on both assets
Fortinet is a cybersecurity vendor that sells products, support, and services to small and midsize businesses, enterprises, and government entities. Its products include unified threat management appliances, firewalls, network security, and its security platform, Security Fabric. Services revenue is primarily from FortiGuard security subscriptions and FortiCare technical support. At the end of 2021, products were 38% of revenue and services were 62% of sales. The California-based company sells products worldwide.
Read more on FTNT →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 →