Hormel Foods Corp vs 3M Company — how do they compare? Hormel Foods Corp trades at $24.36 (market cap $13.37B), while 3M Company trades at $182.16 (market cap $94.44B). The key difference: 3M Company is far larger — about 7.1× 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 | MMM | |
|---|---|---|
Market Cap | $13.37B | $94.44B |
Sector | Consumer Staples | Industrials |
52-Week High | $29.25 | $183.13 |
52-Week Low | $19.74 | $141.10 |
Enterprise Value | $15.37B | $103.67B |
Dividend Yield | 4.81% | 1.7% |
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 →3M Company conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company businesses share technologies, manufacturing operations, marketing channels, and other resources. 3M serves customers worldwide.
Read more on MMM →