Garmin Ltd. vs Hormel Foods Corp — how do they compare? Garmin Ltd. trades at $309.51 (market cap $59.72B), while Hormel Foods Corp trades at $24.22 (market cap $13.37B). The key difference: Garmin Ltd. is far larger — about 4.5× Hormel Foods Corp's market cap, and Hormel Foods Corp pays the higher dividend (4.81%). Which is the better fit depends on your goals.
| GRMN | HRL | |
|---|---|---|
Market Cap | $59.72B | $13.37B |
Sector | Technology | Consumer Staples |
52-Week High | $313.16 | $29.25 |
52-Week Low | $187.10 | $19.74 |
Enterprise Value | $57.23B | $15.37B |
Dividend Yield | 1.36% | 4.81% |
Trailing returns across standard periods
Latest headlines on both assets
Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Read more on GRMN →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 →