Hormel Foods Corp vs PPG Industries, Inc. — how do they compare? Hormel Foods Corp trades at $25.19 (market cap $13.91B), while PPG Industries, Inc. trades at $115.63 (market cap $25.79B). The key difference: PPG Industries, Inc. is the larger of the two by market cap, and Hormel Foods Corp pays the higher dividend (4.63%). Which is the better fit depends on your goals.
| HRL | PPG | |
|---|---|---|
Market Cap | $13.91B | $25.79B |
Sector | Consumer Staples | Basic Materials |
52-Week High | $29.52 | $131.56 |
52-Week Low | $19.74 | $94.34 |
Enterprise Value | $15.91B | $31.90B |
Dividend Yield | 4.63% | 2.56% |
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 →PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
Read more on PPG →