Hormel Foods Corp vs Illinois Tool Works Inc. — how do they compare? Hormel Foods Corp trades at $25.19 (market cap $13.91B), while Illinois Tool Works Inc. trades at $271.88 (market cap $78.17B). The key difference: Illinois Tool Works Inc. is far larger — about 5.6× Hormel Foods Corp's market cap, and Hormel Foods Corp pays the higher dividend (4.63%). Which is the better fit depends on your goals.
| HRL | ITW | |
|---|---|---|
Market Cap | $13.91B | $78.17B |
Sector | Consumer Staples | Industrials |
52-Week High | $29.52 | $299.60 |
52-Week Low | $19.74 | $241.07 |
Enterprise Value | $15.91B | $86.49B |
Dividend Yield | 4.63% | 2.37% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.
Read more on ITW →