SMITHFIELD FOODS INC SFD
Last close
21.97
2026-09-04
Market cap
$8.65B
2026-06-28 share count
52-week range
21.08 - 29.80
Valuation FY2025 figures against the last close
P/S0.6x
P/E8.8x
P/FCF12.0x
EV/EBITDA5.6x
Dividend yield4.6%
Diluted EPS2.51
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.53B | $14.14B | $14.64B | $16.20B | — | $14.44B | $15.03B | $13.90B | $13.22B | $13.09B |
| Cost of revenue | $13.44B | $12.24B | $13.75B | $14.70B | — | — | — | — | $11.90B | $11.54B |
| Gross profit | $2.09B | $1.90B | $889.0M | $1.50B | — | $1.76B | $1.78B | $1.21B | $1.32B | $1.55B |
| R&D | $214.0M | $144.0M | $175.0M | $157.0M | — | — | — | — | $80.9M | $75.9M |
| SG&A | $849.0M | $840.0M | $1.05B | $807.0M | — | — | — | — | $815.4M | $816.9M |
| Total operating expenses | $13.44B | $12.24B | $13.75B | $14.70B | — | — | — | — | — | — |
| Operating income | $1.29B | $1.12B | -$56.0M | $1.12B | — | $793.8M | $931.6M | $338.5M | $519.3M | $722.6M |
| Interest expense | $41.0M | $66.0M | $76.0M | $87.0M | — | — | — | — | $168.7M | $176.7M |
| Pre-tax income | $1.27B | $1.06B | -$129.0M | $1.05B | — | — | — | — | $229.9M | $533.7M |
| Income tax | $283.0M | $271.0M | $41.0M | $231.0M | — | — | — | — | $46.1M | $172.4M |
| Net income | $987.0M | $953.0M | $17.0M | $870.0M | — | $452.3M | $556.1M | $120.7M | $183.8M | $361.3M |
| EPS, basic | 2.52 | 2.51 | 0.05 | 2.29 | — | — | — | — | 1.26 | 2.23 |
| EPS, diluted | 2.51 | 2.51 | 0.05 | 2.29 | — | — | — | — | 1.26 | 2.21 |
| Shares, diluted (wtd. avg.) | $392.7M | $380.1M | $380.1M | $380.1M | — | — | — | — | $146.4M | $163.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.54B | $943.0M | $687.0M | $547.0M | — | — | — | — | $310.6M | $324.3M |
| Receivables | $1.02B | $558.0M | $577.0M | — | — | — | — | — | $663.2M | $624.7M |
| Inventory | $2.33B | $2.41B | $2.54B | — | — | — | — | — | $2.35B | $2.07B |
| Total current assets | $5.17B | $4.20B | $4.92B | — | — | — | — | — | $3.55B | $3.30B |
| Property, plant and equipment | — | — | — | — | — | — | — | — | $2.30B | $2.28B |
| Goodwill | $1.62B | $1.61B | $1.63B | $1.62B | — | $1.62B | $1.63B | $1.63B | $782.4M | $768.2M |
| Other intangibles | $1.26B | $1.27B | $1.27B | — | — | $82.3M | $89.2M | — | $390.4M | $381.8M |
| Total assets | $12.18B | $11.05B | $13.32B | — | — | $9.89B | $10.13B | $9.95B | $7.72B | $7.42B |
| Accounts payable | $856.0M | $777.0M | $789.0M | — | — | — | — | — | $429.1M | $415.8M |
| Short-term debt | — | $0 | $5.0M | — | — | $29.1M | $46.9M | — | $675.1M | $62.5M |
| Total current liabilities | $1.74B | $1.71B | $2.45B | — | — | — | — | — | $1.75B | $1.14B |
| Long-term debt | $1.99B | $1.98B | $1.99B | — | — | $2.23B | $2.65B | — | $1.80B | $1.87B |
| Retained earnings | $3.78B | $3.18B | $3.59B | — | — | — | — | — | $2.32B | $2.33B |
| Total equity | $6.80B | $5.83B | $7.24B | $7.37B | $7.05B | — | — | — | $3.10B | $3.39B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.06B | $916.0M | $688.0M | $521.0M | — | — | — | — | $172.7M | $570.1M |
| Depreciation and amortisation | $332.0M | $339.0M | $427.0M | $440.0M | — | — | — | — | $239.9M | $242.8M |
| Stock-based compensation | $9.0M | $0 | $0 | — | — | — | — | — | — | — |
| Capital expenditure | $341.0M | $350.0M | $353.0M | $338.0M | — | — | $301.4M | — | $278.0M | $290.7M |
| Investing cash flow | -$309.0M | -$298.0M | -$194.0M | $274.0M | — | — | — | — | -$303.7M | -$286.6M |
| Financing cash flow | -$164.0M | -$321.0M | -$353.0M | -$567.0M | — | — | — | — | $115.7M | -$328.4M |
| Dividends paid | $396.0M | $288.0M | $323.0M | $496.0M | — | — | — | — | — | — |
| Buybacks | — | — | — | — | — | — | — | — | $386.4M | $189.5M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000091388-26-000022.
Others in SIC 2011
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| HRL | HORMEL FOODS CORP /DE/ | $11.86B | 24.8x | 1.6% |
| JBS | JBS N.V. | — | — | 11.7% |