S&P 500 comparison · Consumer Staples

Hormel Foods vs McCormick & Company

Prices at close . Model readings .

Hormel Foods

$20.61−1.25%
Month: negativeLong run: negative

McCormick & Company

$46.06−2.99%
Month: negativeLong run: positive
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), McCormick & Company is the larger company by market value ($12.41B against $11.36B). Over the past year Hormel Foods returned −9.8% and McCormick & Company −29.7%, while the S&P 500 returned +12.7%. The latest filed P/E is 39.4 for Hormel Foods and 22.1 for McCormick & Company, and the operating margin 3.8% against 10.7%. Over the next 21 sessions the model expects −0.69% for Hormel Foods, with a 17% chance of a rise, and −0.53% for McCormick & Company, with a 17% chance. Hormel Foods' long-run fair value is $17.02, a gap of −17.4% to its price; the long-run model view is negative. McCormick & Company's long-run fair value is $53.73, a gap of +16.7% to its price; the long-run model view is positive.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
HRL−0.69%
MKC−0.53%
Chance of a risenext 21 sessions
HRL17%
MKC17%
Expected returnnext 63 sessions
HRL+0.34%
MKC+0.26%
Range of outcomes63 sessions, 80% band
HRL−16% to +16.7%
MKC−19.7% to +20.2%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
HRL$17.0228 Oct 2026
MKC$53.7328 Oct 2026
Gap to pricefair value against the close
HRL−17.4%
MKC+16.7%
Past readings that matchedsign of the 21-session outcome
HRL52.8%of 269
MKC53.4%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
HRL+3.8%
MKC−4.8%
6 monthsS&P 500: +8.5%
HRL0%
MKC−8%
Year to dateS&P 500: +13.3%
HRL−9.6%
MKC−31.2%
1 yearS&P 500: +12.7%
HRL−9.8%
MKC−29.7%
5 yearsS&P 500: +70.7%
HRL−42%
MKC−36.3%
1 year against the S&P 500percentage points
HRL−22.5 pts
MKC−42.4 pts
Position in the 52-week range0% low, 100% high
HRL22%close $20.61 in $18.96 to $26.43
MKC10%close $46.06 in $43.25 to $71.13
Against the 200-day average
HRL−8.8%
MKC−13.2%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (HRL), (MKC)
Market value
HRL$11.36B28 Oct 2026
MKC$12.41B28 Oct 2026
Enterprise valueat the last filing
HRL$15.46B26 Jul 2026
MKC$18.52B31 Aug 2026
P/Elatest filed
HRL39.4
MKC22.1
Price to book
HRL1.77
MKC1.93
EV / EBITDA
HRL21.30
MKC14.57
Free cash flow yield
HRL5.6%
MKC6.56%
Dividend yield
HRL4.6%
MKC3.48%
Questions

Hormel Foods or McCormick & Company: common questions

Which is larger by market value, Hormel Foods or McCormick & Company?

McCormick & Company, at $12.41B against $11.36B for Hormel Foods, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, Hormel Foods or McCormick & Company?

Hormel Foods has the higher latest filed P/E, 39.4; McCormick & Company's is 22.1. Filings: quarter to 26 Jul 2026 and 31 Aug 2026.

How did Hormel Foods and McCormick & Company move over the past year against the S&P 500?

Over the past year Hormel Foods returned −9.8% and McCormick & Company −29.7%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for Hormel Foods and McCormick & Company over the next month?

−0.69% for Hormel Foods with a 17% chance of a rise, and −0.53% for McCormick & Company with a 17% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of Hormel Foods and McCormick & Company compare?

The operating margin is 3.8% for Hormel Foods and 10.7% for McCormick & Company, and the gross margin 15.9% against 39.3%. Filings: quarter to 26 Jul 2026 and 31 Aug 2026.

Do Hormel Foods and McCormick & Company shares move together?

Over the past year the correlation of their daily returns was 0.35 (loosely together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

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The two company pagesHormel Foods (HRL) forecast and analysisMcCormick & Company (MKC) forecast and analysis
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BrowseAll Consumer Staples companiesAll comparisonsHow the model readings are made

Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.