Hormel Foods Corp vs Progressive Corp — how do they compare? Hormel Foods Corp trades at $24.22 (market cap $13.37B), while Progressive Corp trades at $211.8 (market cap $123.45B). The key difference: Progressive Corp is far larger — about 9.2× Hormel Foods Corp's market cap, and Progressive Corp pays the higher dividend (6.55%). Which is the better fit depends on your goals.
| HRL | PGR | |
|---|---|---|
Market Cap | $13.37B | $123.45B |
Sector | Consumer Staples | Financials |
52-Week High | $29.25 | $252.68 |
52-Week Low | $19.74 | $190.40 |
Enterprise Value | $15.37B | $131.66B |
Dividend Yield | 4.81% | 6.55% |
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 →Progressive underwrites private and commercial auto insurance and specialty lines
Read more on PGR →