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Smithfield Foods Inc (SFD) stock

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NASDAQ: SFD Nasdaq Packaged Foods & Meats Next results ~January 26, 2027

C+ Fundamentals grade

Smithfield Foods Inc is a US-listed company in the packaged foods & meats industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$30

Cash-flow model

Base case. Range ~$21–$41 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Undervalued

The price is below our entire value range; our base value is 61% above it.

Price used: $18.51, November 2, 2026

Smithfield Foods Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 3 selling0 purchases and 3 sales by directors and officers, last 12 monthsInsider trades
  • Funds184 adding, 111 cuttingOf 52 active managers that changed their stake, 22 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Smithfield Foods files

10-Q filed October 27: Smithfield Foods

Model value +1.1%

Revenue for the twelve months to September 2026 came in at $15.2bn, down 0.6% on the prior year. That marks a reversal from a quarter earlier, when the comparable figure showed growth of 4.3%. More encouraging is cash generation, with the free-cash-flow margin climbing to 6.1% from 3.1% a year earlier. On the back of this, our model value edges up to $30.44 a share from $30.11. The shares currently trade at $18.29, leaving a notable gap to that estimate.

Source: 10-Q filed October 27, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Smithfield Foods stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $15.5bn. Free-cash-flow margin held at 5.2%. The diluted share count is up 2.3% on a year earlier, which dilutes existing holders. It passes 2 of our 2 financial-health checks. Our cash-flow model value is $31.46 a share, against a share price of $18.54.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 26, 2027 (estimated)

Smithfield Foods Inc's trailing-twelve-month revenue fell 0.6% year on year, with a free-cash-flow margin of 6.1%. Where it stands out: stock pay as % of revenue of 0.1% ranks 2 of 39 packaged foods & meats companies we cover. Where it lags: gross margin of 12.6% ranks 37 of 43 packaged foods & meats companies we cover.

Our discounted-cash-flow model values the business at ~$30 per share in the base case (~$21–$41 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 94.3% while net income grew 4.2%: a 90pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Priced below our value. The share price of $18.51 is 61% below our value per share of $30.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Revenue shrinking. Revenue fell 0.6% over the last 12 months.
  • Growth easing. The growth rate is 4.9 points lower than a quarter earlier.
  • Below peers: gross margin. Gross margin of 12.6% ranks 37 of 43 packaged foods & meats companies we cover (median 25.6%).
  • Below peers: change in growth rate. Change in growth rate of -4.9pp ranks 37 of 44 packaged foods & meats companies we cover (median -1.0pp).
  • Heavily shorted. 12.7% of the shares available to trade are sold short (2.8 days of average volume to cover).
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 28.8% over 90 days.

Latest results: FY2026 Q3

Filed October 27, 2026
Earnings per share
$0.26 against an average estimate of $0.26: beat by 0.6%
Revenue
$3.44bn, down 8.3% on a year earlier
Share reaction
+0.8% in the first session after the results on October 27, 2026, against +0.9% for the S&P 500
Guidance given
segment adjusted operating profit $1,075m to $1,150m (FY 2026); segment adjusted operating profit $180m to $240m (FY 2026)
Next report
October 27, 2026; average EPS estimate $0.28

Smithfield Foods' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+0.9%
  • 1 week+1.1%
  • 1 month-1.9%
  • This year-14.0%
  • 1 year-12.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$15.2B
Operating margin
7.6%
Net margin
5.9%
EPS (TTM, diluted)
$2.28

Growth

Revenue growth
−0.6%
Change in growth rate
−4.9 pts
Share count change
+1.4%

Cash

Free cash flow (TTM)
$927M
FCF margin
6.1%
Stock pay % of revenue
0.1%

Earnings

Last results
October 27, 2026
Next results (est.)
January 26, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Dividend
  2. Results
  3. Our research
  4. Our research
  5. Agreement
  6. Results
  7. Announcement
  8. Announcement
  9. Announcement
  10. Results
  11. Guidance
  12. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Smithfield Foods Inc valuation models and calculator

What the price is pricing in

The share price implies cash flow shrinking about 6.1% a year for five years.That is slower than the 1.0% a year revenue growth Smithfield Foods has delivered.

  • Priced in-6.1%
  • Last 12 months-0.6%
  • 5 years a year1.0%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($18.27, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Buy12-month view
12-month price target
~$30
Price used
$18.27close November 3, 2026
Implied change
▲ +63%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Smithfield Foods Inc's free cash flow after stock-based pay with after-tax interest added back ($817M, FY2026 Q3 TTM), growing -0.5% and 0.8% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$21–~$41 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Smithfield Foods Inc's free cash flow after stock-based pay ( $817M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Smithfield Foods Inc as an operating company, with every model that fits that kind of business. Cost of equity 7%: the 10-year Treasury yield (4.9%) plus a beta of 0.47 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$30 ~$21–$41 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$18 ~$19–$31 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$38 ~$26–$57 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$46 ~$37–$61 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$32 ~$18–$46 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Smithfield Foods Inc with Packaged Foods & Meats in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −27%
  • Revenue growth 5 points higher ▲ +36%
  • Free-cash-flow margin 1 point lower ▼ −17%
  • Last year's free-cash-flow margin change, if it persists ▲ more than doubles
  • Discount rate 1 point higher ▼ −15%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $27$37$52$70$95$126
8.5% $20$27$38$51$69$91
10% $15$21$29$40$53$70

Valuation multiples over time Market data may be delayed

At fiscal year end 2025Now
Share price$21.62$18.51
Market value$8.5bn$7.3bn
+ Net debt (− = net cash)$464m$826m
Enterprise value$9.0bn$8.1bn
Multiples
Price / sales 0.5x0.5x
Price / earnings 8.6x8.1x
Price / free cash flow 11.8x7.9x
EV / EBITDA 5.5x5.5x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

43 /100

Weak moat

How hard Smithfield Foods's competitive advantage looks for rivals to wear away, judged from 5 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 8 / 20

    Net income has been a median 5.8% of total assets over 5 years.

  • Pricing power 8 / 20

    Gross margin has been a median 11.9%, moving by 1.3 percentage points (standard deviation) across 5 years.

  • Durability 10 / 20

    Operating margin has been a median 6.1%; its worst year was 4.6%.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.79 −30% $15.1bn −3%
Next $1.81 +1% $14.8bn −2%

Next year's EPS estimate has moved −28.8% in 90 days, across 6 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −32.1% on 90 days ago. In the last 30 days, 0 analysts raised Smithfield Foods Inc's forecast and 3 cut it.

Consensus EPS forecast Smithfield Foods Inc, last 90 days
$1.50 $2.00 $2.50 $3.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.64 Current fiscal year, 60 days ago: $2.52 Current fiscal year, 30 days ago: $2.18 Current fiscal year, 7 days ago: $2.13 Current fiscal year, Now: $1.79 $1.79 Next fiscal year, 90 days ago: $2.55 Next fiscal year, 60 days ago: $2.45 Next fiscal year, 30 days ago: $2.19 Next fiscal year, 7 days ago: $2.08 Next fiscal year, Now: $1.81 $1.81

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.64$2.55
60 days ago $2.52$2.45
30 days ago $2.18$2.19
7 days ago $2.13$2.08
Now $1.79$1.81

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $0.26 $0.26 +0.6%
Jun 2026 $0.60 $0.62 +4.0%
Mar 2026 $0.59 $0.64 +9.1%
Dec 2025 $0.67 $0.83 +23.1%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 11, 2026
  • segment adjusted operating profit · Packaged Meats FY 2026 $1,075m to $1,150m Non-GAAP Lowered
    “Packaged Meats segment adjusted operating profit of between $1,075 million to $1,150 million (previously $1,100 million to $1,200 million).” source
  • segment adjusted operating profit · Fresh Pork FY 2026 $180m to $240m Non-GAAP Lowered
    “Fresh Pork segment adjusted operating profit of between $180 million to $240 million (previously $200 million to $260 million).” source
  • segment adjusted operating profit · Hog Production FY 2026 $75m to $125m Non-GAAP Lowered
    “Hog Production segment adjusted operating profit of between $75 million to $125 million (previously $150 million to $200 million).” source
  • Total Company adjusted operating profit FY 2026 $1,225m to $1,375m Non-GAAP Lowered
    “Total Company adjusted operating profit of between $1,225 million to $1,375 million (previously $1,325 million to $1,475 million).” source
  • Capital expenditures FY 2026 $350m to $450m Maintained
    “Capital expenditures of between $350 million to $450 million.” source
  • effective tax rate FY 2026 22.5% to 24.5% Maintained
    “An effective tax rate of between 22.5% and 24.5% (unchanged).” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Smithfield Foods Inc's revenue by -0.5% next year and +0.8% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (-1.8%, weight 65%) and the company's own record (+2.0%, weight 35%) . How the weights are set.

Analyst recommendations

7 analysts, Oct 2026
Buy457%
Hold343%
Sell00%

Monthly trend

  1. Oct 20261337
  2. Sep 20261427
  3. Aug 20261416
  4. Jul 20261416

Counts of recommendations published by analysts covering Smithfield Foods Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
12.7%
of tradable shares
Days to cover
2.78
at average volume
Short interest, 1 month
+5%
to October 15, 2026
Held by institutions
14%
of shares
Held by insiders
88.3%
of shares
Employees
34,500
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −12.3%

$21.11 on October 31, 2025 to $18.51

ThenNowEffect
Revenue (last 12 months) $14.8bn $15.5bn +4.3%
Net margin 6.1% 6.8% +12.0%
P/E multiple 9.0x 6.9x −23.2%
Share count 386m 395m −2.2%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 2026 to date
Return
SFD−14%
Industry peers (median)−16%
S&P 500+11%
Months that ended higher
SFD46%
S&P 50046%
Largest fall from a high during the year
SFD−37%
S&P 500−9%

Worst fall since January 28, 2025: 37% from April 9, 2026 to October 13, 2026. Getting back needed a 58% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$18.22 – $28.82
From 52-week high
−35.8%
vs 50-day average
−5.9%
vs 200-day average
−21.4%
Volatility (1 year)
25%
Beta vs S&P 500
-0.14

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 2 down
typical move ±4.6%
After a week
5 up, 2 down
typical move ±7.7%
After a month
4 up, 3 down
typical move ±10.6%
Results releasedNext dayS&P 500 next day5 days21 days
October 27, 2026 +0.8% +0.9% — —
August 11, 2026 −7.0% −0.1% −6.5% −14.6%
April 28, 2026 −8.0% −0.5% −7.9% −7.0%
March 24, 2026 +6.4% +0.2% +19.1% +26.1%
October 28, 2025 +1.2% +0.3% +2.1% +0.4%
August 12, 2025 +1.4% +1.4% +0.9% −1.6%
April 29, 2025 +11.6% +0.7% +11.9% +18.4%
March 25, 2025 +0.6% −1.0% +5.3% +5.8%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Smithfield Foods Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade C+ (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: the shares trade below our fair value: a collar caps upside the model expects.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Smithfield Foods Inc in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Smithfield Foods Inc
$14B $14.5B $15B $15.5B $16B $16.5B FY15 Q4 FY16 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY15 Q4: $16.1B Revenue (TTM), FY16 Q1: $15.7B Revenue (TTM), FY16 Q2: $15.8B Revenue (TTM), FY16 Q3: $15.9B Revenue (TTM), FY24 Q4: $14.1B Revenue (TTM), FY25 Q1: $14.5B Revenue (TTM), FY25 Q2: $14.8B Revenue (TTM), FY25 Q3: $15.3B Revenue (TTM), FY25 Q4: $15.5B Revenue (TTM), FY26 Q1: $15.6B Revenue (TTM), FY26 Q2: $15.5B Revenue (TTM), FY26 Q3: $15.2B $15.2B

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY15 Q4 $16.1B
FY16 Q1 $15.7B
FY16 Q2 $15.8B
FY16 Q3 $15.9B
FY24 Q4 $14.1B
FY25 Q1 $14.5B
FY25 Q2 $14.8B
FY25 Q3 $15.3B
FY25 Q4 $15.5B
FY26 Q1 $15.6B
FY26 Q2 $15.5B
FY26 Q3 $15.2B
Revenue growth, TTM YoY Smithfield Foods Inc
-10% 0% 10% 20% FY14 Q4 FY15 Q3 FY16 Q2 FY26 Q3 Revenue growth, TTM YoY, FY14 Q4: 18.0% Revenue growth, TTM YoY, FY15 Q1: 11.8% Revenue growth, TTM YoY, FY15 Q2: 4.6% Revenue growth, TTM YoY, FY15 Q3: -4.7% Revenue growth, TTM YoY, FY15 Q4: -6.8% Revenue growth, TTM YoY, FY16 Q1: -9.1% Revenue growth, TTM YoY, FY16 Q2: -5.9% Revenue growth, TTM YoY, FY16 Q3: -2.7% Revenue growth, TTM YoY, FY25 Q4: 9.8% Revenue growth, TTM YoY, FY26 Q1: 7.5% Revenue growth, TTM YoY, FY26 Q2: 4.3% Revenue growth, TTM YoY, FY26 Q3: -0.6% -0.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY14 Q4 18.0%
FY15 Q1 11.8%
FY15 Q2 4.6%
FY15 Q3 -4.7%
FY15 Q4 -6.8%
FY16 Q1 -9.1%
FY16 Q2 -5.9%
FY16 Q3 -2.7%
FY25 Q4 9.8%
FY26 Q1 7.5%
FY26 Q2 4.3%
FY26 Q3 -0.6%
Operating margin (TTM) Smithfield Foods Inc
4% 5% 6% 7% 8% 9% FY15 Q4 FY16 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY15 Q4: 4.9% Operating margin (TTM), FY16 Q1: 5.2% Operating margin (TTM), FY16 Q2: 5.5% Operating margin (TTM), FY16 Q3: 6.1% Operating margin (TTM), FY24 Q4: 7.9% Operating margin (TTM), FY25 Q1: 8.8% Operating margin (TTM), FY25 Q2: 8.1% Operating margin (TTM), FY25 Q3: 8.0% Operating margin (TTM), FY25 Q4: 8.3% Operating margin (TTM), FY26 Q1: 8.4% Operating margin (TTM), FY26 Q2: 8.6% Operating margin (TTM), FY26 Q3: 7.6% 7.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY15 Q4 4.9%
FY16 Q1 5.2%
FY16 Q2 5.5%
FY16 Q3 6.1%
FY24 Q4 7.9%
FY25 Q1 8.8%
FY25 Q2 8.1%
FY25 Q3 8.0%
FY25 Q4 8.3%
FY26 Q1 8.4%
FY26 Q2 8.6%
FY26 Q3 7.6%
FCF margin (TTM) Smithfield Foods Inc
3% 4% 5% 6% 7% FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q3 FCF margin (TTM), FY24 Q4: 4.0% FCF margin (TTM), FY25 Q1: 4.4% FCF margin (TTM), FY25 Q2: 4.7% FCF margin (TTM), FY25 Q3: 3.1% FCF margin (TTM), FY25 Q4: 4.6% FCF margin (TTM), FY26 Q1: 5.2% FCF margin (TTM), FY26 Q2: 5.2% FCF margin (TTM), FY26 Q3: 6.1% 6.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q4 4.0%
FY25 Q1 4.4%
FY25 Q2 4.7%
FY25 Q3 3.1%
FY25 Q4 4.6%
FY26 Q1 5.2%
FY26 Q2 5.2%
FY26 Q3 6.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-KT, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 May 2009 2010 May 2010 2011 May 2011 2012 Apr 2012 2013 Dec 2013 2014 Dec 2014 2015 Jan 2016 2022 Jan 2023 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 12.5 11.2 12.2 13.1 13.9 15.0 14.4 16.2 14.6 14.1 15.5 15.2
Gross profit 0.6 0.7 1.7 1.5 1.2 1.8 1.8 1.5 0.9 1.9 2.1 1.9
EBITDA 0.0 0.3 1.3 1.0 — — — 1.6 0.4 1.5 1.6 1.5
Operating income −0.2 0.1 1.1 0.7 0.3 0.9 0.8 1.1 −0.1 1.1 1.3 1.2
Net income −0.2 −0.1 0.5 0.4 0.1 0.6 0.5 0.9 0.0 1.0 1.0 0.9
Diluted EPS −$1.41 −$0.65 $3.12 $2.21 — — — $2.29 $0.05 $2.51 $2.51 $2.28
Growth (year on year)
Revenue — −10.3% +8.9% +7.3% +6.1% +8.2% −3.9% +12.2% −9.6% −3.4% +9.8% −0.6%
EBITDA — — +334.9% −27.2% — — — — −76.2% +292.7% +11.5% −4.6%
Operating income — — — −34.0% −53.2% +175.2% −14.8% +40.7% −105.0% — +15.6% −6.2%
Net income — — — −30.7% −66.6% — −18.7% +92.4% −98.0% — +3.6% +4.2%
Diluted EPS — — — −29.2% — — — — −97.8% — 0.0% +2.8%
Margins
Gross margin 5.0% 6.5% 14.0% 11.8% 8.7% 11.8% 12.2% 9.2% 6.1% 13.4% 13.5% 12.6%
EBITDA margin 0.4% 2.7% 10.9% 7.4% — — — 9.6% 2.5% 10.3% 10.5% 9.8%
Operating margin −1.8% 0.6% 9.0% 5.5% 2.4% 6.2% 5.5% 6.9% −0.4% 7.9% 8.3% 7.6%
Net margin −1.6% −0.9% 4.3% 2.8% 0.9% 3.7% 3.1% 5.4% 0.1% 6.7% 6.4% 5.9%
Free-cash-flow margin 0.7% 0.7% 3.6% 2.1% — — — 1.1% 2.3% 4.0% 4.6% 6.1%
Cash flow
Cash from operations 0.3 0.3 0.6 0.6 — — — 0.5 0.7 0.9 1.1 1.3
Capital spending 0.2 0.2 0.2 0.3 0.3 0.3 — 0.3 0.4 0.4 0.3 0.4
Free cash flow 0.1 0.1 0.4 0.3 — — — 0.2 0.3 0.6 0.7 0.9
Stock-based pay 0.0 0.0 0.0 0.0 — — — — 0.0 0.0 0.0 0.0
Free cash flow after stock pay 0.1 0.1 0.4 0.3 — — — — 0.3 0.6 0.7 0.9
Balance sheet
Cash — — — — 0.2 0.4 0.7 0.5 0.7 0.9 1.5 1.2
Total debt 0.0 3.0 2.1 2.0 3.0 2.7 2.3 0.0 2.0 2.0 2.0 2.0
Net debt (negative = net cash) — — — — 2.9 2.3 1.6 −0.5 1.3 1.1 0.5 0.8
Diluted shares 141m 157m 167m 164m — — — 380m 380m 380m 393m 395m
Returned to shareholders
Dividends — — — — — — — 0.5 0.3 0.3 0.4 —
Buybacks — 0.0 0.0 0.2 — — — — — — — —
Total returned — 0.0 0.0 0.2 — — — 0.5 0.3 0.3 0.4 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

4 of 5 checks passed · September 27, 2026
What it owns · $12.2bn
Short-term assets $5.1bnLonger-term assets $7.0bn
What it owes, and who funded it · $9.2bn
Short-term liabilities $2.1bnShareholders' equity $7.0bn
  • Short-term assets cover short-term liabilities $5.1bn of assets due within a year against $2.1bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $1.2bn of cash against $1.4bn of debt.
  • Debt below 40% of shareholders' equity Debt is 20% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $1.3bn of operating cash flow against $1.4bn of debt.
  • Operating profit covers interest at least five times over Operating income of $1.1bn against $30m of interest.

From Smithfield Foods Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$396M
Diluted share count
+1.4%
year over year
Total shareholder yield
5.4%
dividends 5.4% + buybacks 0.0% of market value
Dividend payout ratio
44%
of net income paid out
Sales & admin spending
5.1%
of revenue
Days sales outstanding
24 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in packaged foods & meats
Last 12 months unless stated SFD GIS PPC HSY HRL CAG Median
Revenue, last 12 months $15.2bn $18.3bn $18.3bn $12.3bn $12.1bn $11.2bn $1.5bn
Revenue growth, last 12 months −0.6% −4.5% −0.1% 6.7% 0.7% −1.8% 2.1%
Revenue growth, 3-year average −2.4% −3.4% 2.6% 3.2% −0.1% −2.9% 1.5%
Revenue growth, latest quarter −8.3% −2.8% −2.2% 3.0% −2.4% −1.4% −1.8%
Gross margin 12.6% 33.6% 7.9% 41.9% 15.7% 23.8% 25.6%
Operating margin 7.6% −1.1% 3.4% 20.8% 4.7% −15.2% 3.1%
Operating margin, 3-year average 7.2% 12.5% 6.8% 19.9% 7.3% 0.8% 4.8%
Net margin 5.9% −4.9% 1.7% 14.6% 2.8% −17.0% 2.1%
Cash from operations / revenue 8.6% 11.3% 5.3% 20.9% 9.0% 11.4% 8.0%
Free-cash-flow margin 6.1% 8.5% 2.5% 17.3% 6.4% 7.8% 3.9%
Free-cash-flow margin, 3-year average — 11.1% 5.1% 16.1% 6.4% 10.0% 5.7%
Stock pay / revenue 0.1% 0.5% 0.1% 0.6% 0.2% 0.4% 0.6%
Change in share count 1.4% −2.8% 0.2% −1.9% 0.1% −0.1% 0.0%

Median of all 44 companies we cover in packaged foods & meats. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

44 packaged foods & meats companies
Measure Company Peer median Rank
Revenue growth Growth -0.6% 2.2% 31 of 44
Change in growth rate Growth -4.9pp -1.0pp 37 of 44
Gross margin Profitability 12.6% 25.6% 37 of 43
Operating margin Profitability 7.6% 3.4% 12 of 42
Net margin Profitability 5.9% 2.3% 9 of 44
Free-cash-flow margin Cash generation 6.1% 4.3% 18 of 43
Stock pay as % of revenue Cash generation 0.1% 0.6% 2 of 39
Long-term debt as % of assets Balance sheet 11.5% 18.5% 12 of 35
Change in share count Balance sheet 1.4% 0.1% 30 of 40
Days sales outstanding Balance sheet 24 days 33 days 9 of 35

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 28, 2025
Segments
Line of business Revenue Share YoY
Packaged Meats $8.8B 56.4% ▲ 5.3%
Fresh Pork $5B 32.3% ▲ 2.7%
Hog Production $1.2B 7.9% ▲ 162.0%
All Other Segments $528M 3.4% ▲ 12.3%

From Smithfield Foods Inc's 10-K filed March 24, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.3B
Institutions reporting
280
Shares held vs prior quarter
▲ 15.9%
Positions opened / closed
78 / 41

Top buyers and sellers, Q2 2026: 184 institutions bought and 111 sold ; the biggest buyer was LSV Asset Management (+4.8M shares) and the biggest seller Morgan Stanley (−1.6M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
LSV Asset Management $173M 7.1M 13.1% ▲ 211.1%
Two Sigma Investments, LP $103M 4.2M 7.8% ▲ 0.5%
AQR Capital Management LLC $99.8M 4.1M 7.6% ▲ 268.4%
FMR LLC $70.5M 2.9M 5.3% ▼ 1.3%
Goldman Sachs Group Inc $55.3M 2.3M 4.2% ▲ 437.2%
Dimensional Fund Advisors LP $41M 1.7M 3.1% ▲ 355.1%
Assenagon Asset Management S.A. $37.9M 1.6M 2.9% New
Blackrock, Inc. $33.1M 1.4M 2.5% ▼ 25.9%
Qube Research & Technologies Ltd $30.2M 1.2M 2.3% ▼ 5.2%
UBS Group AG $28.5M 1.2M 2.2% ▲ 14.5%
Fourth Sail Capital LP $25.9M 1.1M 2.0% ▼ 4.4%
Gotham Asset Management, LLC $25.3M 1.0M 1.9% ▲ 1.9%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Smithfield Foods Inc's complete shareholder register. Values are as reported by the filers ; 3 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $4.4M 3 trades by 3 insiders · 0% under pre-set plans
Net ▼ $4.4M net selling
Insider Date Trade Shares Price Value
France Steven President, Packaged Meats June 16, 2026 Sell 82,825 $26.82 $2.2M
Starling Raymond A Director June 12, 2026 Sell 3,960 $26.78 $106,049
Hall Mark L. Chief Financial Officer June 9, 2026 Sell 78,579 $26.36 $2.1M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around January 26, 2027 estimated from the company's past filing pattern, not announced

  • October 27, 2026
  • August 11, 2026
  • April 28, 2026
  • March 24, 2026
  • October 28, 2025
  • August 12, 2025

Recent SEC filings

Data status

When each part of this page on Smithfield Foods Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Smithfield Foods Inc in brief

What does Smithfield Foods Inc do?
Smithfield Foods Inc is a US-listed company in the packaged foods & meats industry. Its financial year ends in December.
What is Smithfield Foods Inc's stock ticker?
Smithfield Foods Inc trades under the ticker SFD on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Smithfield Foods Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Smithfield Foods Inc reported revenue of $15.2B, 0.6% lower than a year earlier, according to its SEC filings.
What is Smithfield Foods Inc's free cash flow?
Smithfield Foods Inc's free-cash-flow margin is 6.1% of revenue over the trailing twelve months, ranking 18 of the 43 packaged foods & meats companies we cover.
What is Smithfield Foods Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Smithfield Foods Inc's free cash flow after stock-based pay gives ~$30 per share in the base case, and ~$21–$41 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Smithfield Foods Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are LSV Asset Management, Two Sigma Investments, LP and AQR Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Smithfield Foods Inc's market cap?
On November 2, 2026, Smithfield Foods Inc's market capitalisation was about $7.3B, with a price-to-earnings ratio of 8.1 and net debt of $826M. Market figures come from third-party market data and may be delayed.
Does Smithfield Foods Inc pay a dividend?
Yes: Smithfield Foods Inc paid $396M in dividends over the trailing twelve months, a dividend yield of 5.43% and a payout ratio of 44.0%.
How much debt does Smithfield Foods Inc have?
Smithfield Foods Inc's debt-to-equity ratio is 20.0%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Smithfield Foods Inc's competitors?
In our Packaged Foods & Meats peer group, the companies closest to Smithfield Foods Inc are General Mills, Pilgrims Pride Corp, The Hershey Company, Hormel Foods and Conagra Brands Inc. The side-by-side comparison below sets their revenue, margins and growth against Smithfield Foods Inc's.
Are insiders buying or selling Smithfield Foods Inc stock?
Over the last 12 months, Smithfield Foods Inc's directors and officers reported 0 open-market purchases and 3 sales on Form 4. The insider trading page charts every trade.
When is Smithfield Foods Inc's next earnings date?
Around January 26, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Smithfield Foods Inc announces its own schedule.