SFD · Smithfield Foods Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q4 '23 | Q1 '23 | Q4 '21 | Q3 '16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.80B | - | $3.33B | $3.41B | $3.44B | - | - | - | - | $4.07B |
| Cost of Revenue | $3.29B | - | $2.86B | $2.88B | $3.26B | - | - | - | - | - |
| Gross Profit | $511.00M | - | $476.00M | $499.00M | $510.00M | - | - | - | - | $472.50M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $180.00M | - | $200.00M | $194.00M | $199.00M | - | - | - | - | $233.80M |
| Total Operating Expenses | $3.29B | - | $2.86B | $2.88B | $3.08B | - | - | - | - | - |
| D&A | $83.00M | - | $88.00M | $82.00M | $82.00M | - | - | - | - | - |
| Operating Income | $333.00M | - | $285.00M | $334.00M | $163.00M | - | - | - | - | $246.30M |
| Interest Expense | $8.00M | - | $17.00M | $19.00M | $11.00M | - | - | - | - | $32.00M |
| Income Tax | $72.00M | - | $69.00M | $62.00M | $72.00M | - | - | - | - | $70.50M |
| Net Income | $246.00M | - | $291.00M | $188.00M | $156.00M | - | - | - | - | $143.80M |
| EPS - Basic | $0.63 | - | $0.77 | $0.79 | $0.57 | - | - | - | - | - |
| EPS - Diluted | $0.62 | - | $0.77 | $0.48 | $0.41 | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q4 '23 | Q1 '23 | Q4 '21 | Q3 '16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.39B | $1.54B | $773.00M | $928.00M | $928.00M | $943.00M | $687.00M | $547.00M | - | $277.60M |
| Accounts Receivable | $1.07B | $1.02B | $1.04B | $773.00M | $759.00M | $558.00M | $577.00M | - | - | $851.70M |
| Inventory | $2.35B | $2.33B | $2.47B | $2.29B | $2.38B | $2.41B | $2.54B | - | - | $2.31B |
| Accounts Payable | $489.00M | $856.00M | $597.00M | $444.00M | $447.00M | $777.00M | $789.00M | - | - | $519.60M |
| Current Assets | $5.03B | $5.17B | $4.59B | $4.29B | $4.33B | $4.20B | $4.92B | - | - | $3.57B |
| Total Assets | $12.00B | $12.18B | $11.52B | $11.19B | $11.15B | $11.05B | $13.32B | - | - | $9.82B |
| Current Liabilities | $2.09B | $1.74B | $1.48B | $1.34B | $1.39B | $1.71B | $2.45B | - | - | $2.13B |
| Long-term Debt | - | $1.99B | - | - | - | $1.98B | $1.99B | - | - | $2.30B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $6.86B | $6.80B | $6.47B | $6.30B | $6.22B | $5.83B | $7.24B | $7.37B | $7.05B | $4.95B |
| Retained Earnings | $3.90B | $3.78B | $3.55B | $3.40B | $3.31B | $3.18B | $3.59B | - | - | $1.04B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q4 '23 | Q1 '23 | Q4 '21 | Q3 '16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($166.00M) | - | - | - | ($166.00M) | - | - | - | - | - |
| Investing Cash Flow | ($85.00M) | - | - | - | ($119.00M) | - | - | - | - | - |
| Financing Cash Flow | $236.00M | - | - | - | ($109.00M) | - | - | - | - | - |
| CapEx | $88.00M | - | $95.00M | $80.00M | $79.00M | - | - | - | - | - |
| Free Cash Flow | ($254.00M) | - | - | - | ($245.00M) | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q4 '23 | Q1 '23 | Q4 '21 | Q3 '16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 13.4% | - | 14.3% | 14.6% | 14.8% | - | - | - | - | 11.6% |
| Operating margin | 8.8% | - | 8.5% | 9.8% | 4.7% | - | - | - | - | 6.1% |
| EBITDA margin | 10.9% | - | 11.2% | 12.2% | 7.1% | - | - | - | - | - |
| Net margin | 6.5% | - | 8.7% | 5.5% | 4.5% | - | - | - | - | 3.5% |
| Free cash flow margin | -6.7% | - | - | - | -7.1% | - | - | - | - | - |
| FCF / Net income | -1.03 | - | - | - | -1.57 | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 4.7% | - | 6.0% | 5.7% | 5.8% | - | - | - | - | 5.7% |
| Effective tax rate | 22.6% | - | 19.2% | 24.8% | 31.6% | - | - | - | - | 32.9% |
| Return on assets | 2.0% | - | 2.5% | 1.7% | 1.4% | - | - | - | - | 1.5% |
| Return on equity | 3.6% | - | 4.5% | 3.0% | 2.5% | - | - | - | - | 2.9% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | 2.3% |
| Liquidity | ||||||||||
| Current ratio | 2.41 | 2.97 | 3.10 | 3.21 | 3.11 | 2.46 | 2.01 | - | - | 1.67 |
| Quick ratio | 1.29 | 1.63 | 1.44 | 1.50 | 1.40 | 1.05 | 0.97 | - | - | 0.59 |
| Cash ratio | 0.66 | 0.88 | 0.52 | 0.69 | 0.67 | 0.55 | 0.28 | - | - | 0.13 |
| Leverage | ||||||||||
| Debt / Equity | - | 0.29 | - | - | - | 0.34 | 0.27 | - | - | 0.46 |
| Debt / Assets | - | 0.16 | - | - | - | 0.18 | 0.15 | - | - | 0.23 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 41.6x | - | 16.8x | 17.6x | 14.8x | - | - | - | - | 7.7x |
| Equity multiplier | 1.75 | 1.79 | 1.78 | 1.78 | 1.79 | 1.89 | 1.84 | - | - | 1.98 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.32 | - | 0.29 | 0.31 | 0.31 | - | - | - | - | 0.41 |
| Inventory turnover | 1.40 | - | 1.16 | 1.26 | 1.37 | - | - | - | - | - |
| Days sales outstanding | 102d | - | 114d | 83d | 80d | - | - | - | - | 76d |
| Days inventory outstanding | 261d | - | 315d | 289d | 267d | - | - | - | - | - |
| Days payable outstanding | 54d | - | 76d | 56d | 50d | - | - | - | - | - |
| Cash conversion cycle | 309d | - | 353d | 316d | 297d | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 43.0x | - | 30.3x | 48.2x | 49.3x | - | - | - | - | - |
| P / B | 1.5x | - | 1.4x | 1.4x | 1.3x | - | - | - | - | - |
| P / S | 2.8x | - | 2.7x | 2.6x | 2.3x | - | - | - | - | - |
| EV / EBITDA | 22.0x | - | 21.7x | 18.9x | 28.3x | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 10.3% | - | - | - | - | - | - | - | - | 2.6% |
| Revenue CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 0.2% | - | - | - | - | - | - | - | - | 22.7% |
| Operating income growth (YoY) | 104.3% | - | - | - | - | - | - | - | - | 60.2% |
| Net income growth (YoY) | 57.7% | - | - | - | - | - | - | - | - | 72.6% |
| EPS growth (YoY) | 51.2% | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | -3.7% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 10.3% | 16.6% | - | - | - | -19.4% | - | - | - | 3.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-28.
Business segments
$21.02B totalPackaged Meats Segment$8.76B · 41.7%
Fresh Pork Segment$8.34B · 39.7%
Hog Production Segment$3.39B · 16.1%
All Other Segments$528.00M · 2.5%
Product / service
$8.76B totalRetail Services$5.52B · 63.0%
Foodservice$2.68B · 30.6%
Industrial$432.00M · 4.9%
Exports$107.00M · 1.2%
Product And Service Other$17.00M · 0.2%
Geographic
$511.00M totalMX$511.00M · 100.0%
Peer comparison
Same SIC group: Meat Packing Plants
Comparing SMITHFIELD FOODS INC against the 2 most active filers in the same SIC group.
Dividends
$1.13/share trailing 12 months · +125.2% YoY
| Ex-date | Per share |
|---|---|
| May 14, 2026 | $0.3130 |
| Apr 7, 2026 | $0.3130 |
| Nov 13, 2025 | $0.2500 |
| Aug 14, 2025 | $0.2500 |
| May 15, 2025 | $0.2500 |
| Apr 10, 2025 | $0.2500 |