Hormel Foods Corp vs Lockheed Martin Corporation — how do they compare? Hormel Foods Corp trades at $24.25 (market cap $13.37B), while Lockheed Martin Corporation trades at $596.45 (market cap $137.96B). The key difference: Lockheed Martin Corporation is far larger — about 10.3× 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.
| HRL | LMT | |
|---|---|---|
Market Cap | $13.37B | $137.96B |
Sector | Consumer Staples | Industrials |
52-Week High | $29.25 | $676.70 |
52-Week Low | $19.74 | $431.56 |
Enterprise Value | $15.37B | $154.71B |
Dividend Yield | 4.81% | 2.31% |
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 →Lockheed Martin is the largest defense contractor globally and has dominated the Western market for high-end fighter aircraft since the F-35 program was awarded in 2001. Lockheed's largest segment is aeronautics, which is dominated by the massive F-35 program. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business.
Read more on LMT →