Hormel Foods Corp vs IONQ Inc — how do they compare? Hormel Foods Corp trades at $25.19 (market cap $13.91B), while IONQ Inc trades at $36.37 (market cap $12.78B). The key difference: Hormel Foods Corp and IONQ Inc are close in size by market cap, and Hormel Foods Corp pays a 4.63% dividend while IONQ Inc pays none. Which is the better fit depends on your goals.
| HRL | IONQ | |
|---|---|---|
Market Cap | $13.91B | $12.78B |
Sector | Consumer Staples | Technology |
52-Week High | $29.52 | $82.09 |
52-Week Low | $19.74 | $26.59 |
Enterprise Value | $15.91B | $10.78B |
Dividend Yield | 4.63% | — |
Trailing returns across standard periods
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 →IonQ is a leader in quantum computing, developing world-class quantum systems. Its technology aims to solve complex problems across finance, healthcare, and materials science that are beyond classical computers.
Read more on IONQ →