Hormel Foods Corp vs Okta, Inc. — how do they compare? Hormel Foods Corp trades at $25.19 (market cap $13.91B), while Okta, Inc. trades at $141.58 (market cap $25.79B). The key difference: Okta, Inc. is the larger of the two by market cap, and Hormel Foods Corp pays a 4.63% dividend while Okta, Inc. pays none. Which is the better fit depends on your goals.
| HRL | OKTA | |
|---|---|---|
Market Cap | $13.91B | $25.79B |
Sector | Consumer Staples | Technology |
52-Week High | $29.52 | $154.62 |
52-Week Low | $19.74 | $62.93 |
Enterprise Value | $15.91B | $23.62B |
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 →Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.
Read more on OKTA →