Federal Realty Investment Trust (FRT) vs Hormel Foods Corporation (HRL)

A side-by-side comparison of Federal Realty Investment Trust and Hormel Foods Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: FRT is classified in Real Estate; HRL is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnFRT vs HRL

growth of $100 · dividends reinvested · last 10y
FRT +8.5% (+0.8%/yr)HRL -25.9% (-3.0%/yr)FRT compounded faster over this window
50100150Start $10020182020202220242026$109$74
FRT HRL

FRT vs HRL: by the numbers

  • HRL is the larger company ($11.55B vs $9.91B market cap).
  • FRT converts more revenue to profit (32.66% vs 2.82% net margin).
  • FRT grew revenue faster over the past five years (8.77% vs 3.25% CAGR).
  • HRL pays the higher dividend yield (5.68% vs 3.95%).

Metrics side by side

Valuation

MetricFRTHRL
P/E ratio22.8533.32
Forward P/E26.9114.13
P/S ratio7.420.95
P/B ratio2.941.47
EV / EBITDAN/A16.04
FCF yield3.16%6.76%

For REITs like Federal Realty Investment Trust, GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.

Profitability

MetricFRTHRL
Gross margin9.73%15.68%
Operating margin34.49%4.72%
Net margin32.66%2.82%
ROE12.96%4.37%
ROIC5.08%3.16%

Dividends

MetricFRTHRL
Dividend yield3.95%5.68%
Payout ratio90.04%185.32%

Federal Realty Investment Trust's payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.

Growth (annualized)

MetricFRTHRL
Revenue CAGR (5Y)8.77%3.25%
EPS CAGR (5Y)24.22%-12.47%
FCF CAGR (5Y)69.34%-6.83%
Total return CAGR (5Y)3.70%-10.43%

Frequently asked

Which has grown faster, FRT or HRL?
Over the past five years, FRT grew revenue faster — FRT at a 8.77% CAGR versus HRL at 3.25%.
Does FRT or HRL pay a bigger dividend?
FRT yields 3.95% and HRL yields 5.68% based on trailing dividends and the latest price.
Is FRT or HRL more profitable?
FRT runs the higher net margin — FRT at 32.66% versus HRL at 2.82%.
How have FRT and HRL total returns compared?
Over the past 10 years, FRT delivered 0.86% and HRL delivered -2.85% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.