Hormel Foods Corp vs Noble Corporation plc — how do they compare? Hormel Foods Corp trades at $25.19 (market cap $13.91B), while Noble Corporation plc trades at $42.53 (market cap $6.48B). The key difference: Hormel Foods Corp is far larger — about 2.1× Noble Corporation plc's market cap, and Noble Corporation plc pays the higher dividend (4.93%). Which is the better fit depends on your goals.
| HRL | NE | |
|---|---|---|
Market Cap | $13.91B | $6.48B |
Sector | Consumer Staples | Technology |
52-Week High | $29.52 | $54.37 |
52-Week Low | $19.74 | $25.70 |
Enterprise Value | $15.91B | $7.73B |
Dividend Yield | 4.63% | 4.93% |
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 →Noble Corporation plc is a leading offshore drilling contractor for the oil and gas industry. The company owns and operates a high-specification fleet of mobile offshore drilling units, including drillships and semi-submersibles, that are used for exploration and production activities in deepwater and harsh environments worldwide. Noble focuses on providing safe, efficient, and reliable drilling services to major and independent oil and gas companies globally.
Read more on NE →