TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 3.8B
Gross Profit 510.0M 13.52%
Operating Income 314.0M 8.33%
Net Income 227.0M 6.02%
EPS (Diluted) $0.57

Balance Sheet Metrics

Total Assets 11.1B
Total Liabilities 4.7B
Shareholders Equity 6.5B
Debt to Equity 0.72

Cash Flow Metrics

Operating Cash Flow -166.0M
Free Cash Flow -245.0M

Revenue & Profitability Trend

Smithfield Foods Income Statement From 2015 to 2024

Metric20242023202220212015
Revenue i14.1B14.6B16.2B15.0B14.4B
Cost of Goods Sold i12.2B13.8B14.7B13.4B12.7B
Gross Profit i1.9B889.0M1.5B1.6B1.8B
Gross Margin % i13.4%6.1%9.2%10.5%12.2%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i840.0M1.0B807.0M1.1B973.3M
Other Operating Expenses i-8.0M-11.0M-6.0M-11.0M-
Total Operating Expenses i832.0M1.0B801.0M1.1B973.3M
Operating Income i1.1B-150.0M694.0M488.0M782.1M
Operating Margin % i7.5%-1.0%4.3%3.3%5.4%
Non-Operating Items
Interest Income i-----
Interest Expense i66.0M76.0M87.0M93.0M133.8M
Other Non-Operating Income61.0M98.0M440.0M62.0M-400.0K
Pre-tax Income i1.1B-129.0M1.0B458.0M647.9M
Income Tax i271.0M-41.0M231.0M97.0M195.6M
Effective Tax Rate % i25.5%0.0%22.1%21.2%30.2%
Net Income i969.0M22.0M881.0M474.0M452.3M
Net Margin % i6.9%0.2%5.4%3.2%3.1%
Key Metrics
EBITDA i1.4B280.0M1.1B849.0M1.0B
EPS (Basic) i$2.42$0.04$2.21$1.20$452,300.00
EPS (Diluted) i$2.42$0.04$2.21$1.20$452,300.00
Basic Shares Outstanding i393112711393112711393112711393112711393112711
Diluted Shares Outstanding i393112711393112711393112711393112711393112711

Income Statement Trend

Smithfield Foods Balance Sheet From 2014 to 2024

Metric20242023202220152014
Assets
Current Assets
Cash & Equivalents i943.0M687.0M547.0M704.9M433.5M
Short-term Investments i-----
Accounts Receivable i558.0M577.0M756.0M760.0M864.0M
Inventory i2.4B2.5B2.9B2.1B2.2B
Other Current Assets289.0M163.0M337.0M--
Total Current Assets i4.2B4.9B5.5B3.7B3.7B
Non-Current Assets
Property, Plant & Equipment i516.0M613.0M686.0M263.9M260.2M
Goodwill i4.5B4.5B4.5B4.6B4.6B
Intangible Assets i1.3B1.3B1.3B1.4B1.4B
Long-term Investments-----
Other Non-Current Assets260.0M1.6B1.4B158.0M124.4M
Total Non-Current Assets i6.9B8.4B8.3B6.2B6.4B
Total Assets i11.1B13.3B13.8B9.9B10.1B
Liabilities
Current Liabilities
Accounts Payable i777.0M789.0M1.0B686.1M675.1M
Short-term Debt i73.0M132.0M81.0M30.3M48.1M
Current Portion of Long-term Debt-----
Other Current Liabilities226.0M807.0M807.0M10.1M5.2M
Total Current Liabilities i1.7B2.4B2.6B1.5B1.5B
Non-Current Liabilities
Long-term Debt i2.3B2.3B2.4B2.3B2.7B
Deferred Tax Liabilities i518.0M474.0M588.0M668.2M697.5M
Other Non-Current Liabilities207.0M234.0M197.0M116.8M122.2M
Total Non-Current Liabilities i3.3B3.4B3.7B3.5B4.1B
Total Liabilities i5.0B5.8B6.3B5.0B5.5B
Equity
Common Stock i00000
Retained Earnings i3.2B3.6B3.9B1.0B590.8M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i6.1B7.5B7.6B4.9B4.6B
Key Metrics
Total Debt i2.4B2.5B2.5B2.3B2.7B
Working Capital i2.5B2.5B3.0B2.2B2.3B

Balance Sheet Composition

Smithfield Foods Cash Flow Statement From 2015 to 2024

Metric20242023202220212015
Operating Activities
Net Income i798.0M-133.0M811.0M389.0M452.3M
Depreciation & Amortization i339.0M427.0M440.0M331.0M234.1M
Stock-Based Compensation i-----
Working Capital Changes i64.0M413.0M-261.0M-53.0M93.7M
Operating Cash Flow i1.3B578.0M991.0M699.0M844.0M
Investing Activities
Capital Expenditures i99.0M219.0M8.0M6.0M6.4M
Acquisitions i-13.0M-14.0M584.0M-1.0M354.0M
Investment Purchases i--27.0M-22.0M0-
Investment Sales i0021.0M--
Investing Cash Flow i52.0M132.0M590.0M3.0M300.2M
Financing Activities
Share Repurchases i----0
Dividends Paid i-288.0M-323.0M-496.0M-192.0M-30.0M
Debt Issuance i14.0M226.0M785.0M923.0M290.0M
Debt Repayment i-46.0M-237.0M-801.0M-1.2B-410.1M
Financing Cash Flow i-321.0M-353.0M-567.0M-434.0M-440.1M
Free Cash Flow i787.0M681.0M179.0M579.0M422.6M
Net Change in Cash i1.0B357.0M1.0B268.0M704.1M

Cash Flow Trend

Smithfield Foods Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 11.25
Forward P/E 11.12
Price to Book 1.61
Price to Sales 0.69
PEG Ratio 0.00

Profitability Ratios

Profit Margin 7.06%
Operating Margin 8.41%
Return on Equity 15.73%
Return on Assets 8.62%

Financial Health

Current Ratio 3.11
Debt to Equity 36.10

Per Share Data

EPS (TTM) $2.27
Book Value per Share $15.84
Revenue per Share $37.85

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
sfd10.0B11.251.6115.73%7.06%36.10
Archer-Daniels-Midla 27.8B25.151.244.82%1.33%46.80
Tyson Foods 20.3B25.931.114.43%1.45%49.09
Bunge Limited 16.6B8.361.0212.53%2.71%102.15
Cal-Maine Foods 5.2B4.322.0455.84%28.63%0.00
Vital Farms 2.0B40.616.5618.81%7.84%5.68

Financial data is updated regularly. All figures are in the company's reporting currency.