Smithfield Foods Inc balance sheet
At the end of fiscal 2025, Smithfield Foods Inc had total assets of $12.18bn and shareholders' equity of $6.80bn. It held $1.54bn in cash against $2.00bn of debt: net debt of $464m.
Balance sheet
| Fiscal year | 2009May 2009 | 2010May 2010 | 2011May 2011 | 2012Apr 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Jan 2016 | 2022Jan 2023 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | — | — | 0.2 | 0.4 | 0.7 | 0.5 | 0.7 | 0.9 | 1.5 | 1.2 |
| Receivables | — | 0.6 | 0.7 | 0.6 | 0.8 | 0.9 | 0.8 | — | 0.6 | 0.6 | 1.0 | 1.0 |
| Inventory | — | 1.9 | 2.0 | 2.1 | 2.3 | 2.2 | 2.1 | — | 2.5 | 2.4 | 2.3 | 2.5 |
| Total current assets | — | 3.3 | 3.3 | 3.3 | 3.5 | 3.7 | 3.7 | — | 4.9 | 4.2 | 5.2 | 5.1 |
| Goodwill | — | 0.8 | 0.8 | 0.8 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 |
| Total assets | — | 7.7 | 7.6 | 7.4 | 10.0 | 10.1 | 9.9 | — | 13.3 | 11.1 | 12.2 | 12.2 |
| Accounts payable | — | 0.4 | 0.4 | 0.4 | 0.6 | 0.7 | 0.7 | — | 0.8 | 0.8 | 0.9 | 0.6 |
| Total current liabilities | — | 1.2 | 1.2 | 1.1 | 1.3 | 1.5 | 1.5 | — | 2.5 | 1.7 | 1.7 | 2.1 |
| Short-term debt | — | — | 0.1 | 0.1 | — | 0.0 | 0.0 | — | 0.0 | 0.0 | — | — |
| Long-term debt | — | 2.9 | 2.0 | 1.9 | 3.0 | 2.7 | 2.2 | — | 2.0 | 2.0 | 2.0 | 1.4 |
| 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 |
| Shareholders' equity | 2.6 | 2.8 | 3.5 | 3.4 | 4.2 | 4.5 | 4.8 | 7.4 | 7.2 | 5.8 | 6.8 | 7.0 |
| Net debt (negative = net cash) | — | — | — | — | 2.9 | 2.3 | 1.6 | −0.5 | 1.3 | 1.1 | 0.5 | 0.8 |
| Shares outstanding | — | 166m | 166m | 157m | — | — | — | — | 380m | 380m | 393m | 394m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 0.6 | 0.8 | 0.8 | 1.0 | 1.0 | 1.1 | 1.0 | 1.0 |
| Inventory | 2.4 | 2.4 | 2.3 | 2.5 | 2.3 | 2.3 | 2.4 | 2.5 |
| Total current assets | 4.2 | 4.3 | 4.3 | 4.6 | 5.2 | 5.0 | 5.0 | 5.1 |
| Goodwill | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 |
| Total assets | 11.1 | 11.1 | 11.2 | 11.5 | 12.2 | 12.0 | 12.0 | 12.2 |
| Accounts payable | 0.8 | 0.4 | 0.4 | 0.6 | 0.9 | 0.5 | 0.5 | 0.6 |
| Total current liabilities | 1.7 | 1.4 | 1.3 | 1.5 | 1.7 | 2.1 | 2.0 | 2.1 |
| Short-term debt | 0.0 | — | — | — | — | — | — | — |
| Long-term debt | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 1.4 | 1.4 | 1.4 |
| Total debt | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 1.4 | 1.4 | 1.4 |
| Shareholders' equity | 5.8 | 6.2 | 6.3 | 6.5 | 6.8 | 6.9 | 7.0 | 7.0 |
| Shares outstanding | 380m | 393m | 393m | 393m | 393m | 393m | 394m | 394m |
Compare with peers
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