
Smithfield Foods (SFD) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income 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
Metric | 2024 | 2023 | 2022 | 2021 | 2015 |
---|---|---|---|---|---|
Revenue | 14.1B | 14.6B | 16.2B | 15.0B | 14.4B |
Cost of Goods Sold | 12.2B | 13.8B | 14.7B | 13.4B | 12.7B |
Gross Profit | 1.9B | 889.0M | 1.5B | 1.6B | 1.8B |
Gross Margin % | 13.4% | 6.1% | 9.2% | 10.5% | 12.2% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 840.0M | 1.0B | 807.0M | 1.1B | 973.3M |
Other Operating Expenses | -8.0M | -11.0M | -6.0M | -11.0M | - |
Total Operating Expenses | 832.0M | 1.0B | 801.0M | 1.1B | 973.3M |
Operating Income | 1.1B | -150.0M | 694.0M | 488.0M | 782.1M |
Operating Margin % | 7.5% | -1.0% | 4.3% | 3.3% | 5.4% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | 66.0M | 76.0M | 87.0M | 93.0M | 133.8M |
Other Non-Operating Income | 61.0M | 98.0M | 440.0M | 62.0M | -400.0K |
Pre-tax Income | 1.1B | -129.0M | 1.0B | 458.0M | 647.9M |
Income Tax | 271.0M | -41.0M | 231.0M | 97.0M | 195.6M |
Effective Tax Rate % | 25.5% | 0.0% | 22.1% | 21.2% | 30.2% |
Net Income | 969.0M | 22.0M | 881.0M | 474.0M | 452.3M |
Net Margin % | 6.9% | 0.2% | 5.4% | 3.2% | 3.1% |
Key Metrics | |||||
EBITDA | 1.4B | 280.0M | 1.1B | 849.0M | 1.0B |
EPS (Basic) | $2.42 | $0.04 | $2.21 | $1.20 | $452,300.00 |
EPS (Diluted) | $2.42 | $0.04 | $2.21 | $1.20 | $452,300.00 |
Basic Shares Outstanding | 393112711 | 393112711 | 393112711 | 393112711 | 393112711 |
Diluted Shares Outstanding | 393112711 | 393112711 | 393112711 | 393112711 | 393112711 |
Income Statement Trend
Smithfield Foods Balance Sheet From 2014 to 2024
Metric | 2024 | 2023 | 2022 | 2015 | 2014 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 943.0M | 687.0M | 547.0M | 704.9M | 433.5M |
Short-term Investments | - | - | - | - | - |
Accounts Receivable | 558.0M | 577.0M | 756.0M | 760.0M | 864.0M |
Inventory | 2.4B | 2.5B | 2.9B | 2.1B | 2.2B |
Other Current Assets | 289.0M | 163.0M | 337.0M | - | - |
Total Current Assets | 4.2B | 4.9B | 5.5B | 3.7B | 3.7B |
Non-Current Assets | |||||
Property, Plant & Equipment | 516.0M | 613.0M | 686.0M | 263.9M | 260.2M |
Goodwill | 4.5B | 4.5B | 4.5B | 4.6B | 4.6B |
Intangible Assets | 1.3B | 1.3B | 1.3B | 1.4B | 1.4B |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 260.0M | 1.6B | 1.4B | 158.0M | 124.4M |
Total Non-Current Assets | 6.9B | 8.4B | 8.3B | 6.2B | 6.4B |
Total Assets | 11.1B | 13.3B | 13.8B | 9.9B | 10.1B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 777.0M | 789.0M | 1.0B | 686.1M | 675.1M |
Short-term Debt | 73.0M | 132.0M | 81.0M | 30.3M | 48.1M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 226.0M | 807.0M | 807.0M | 10.1M | 5.2M |
Total Current Liabilities | 1.7B | 2.4B | 2.6B | 1.5B | 1.5B |
Non-Current Liabilities | |||||
Long-term Debt | 2.3B | 2.3B | 2.4B | 2.3B | 2.7B |
Deferred Tax Liabilities | 518.0M | 474.0M | 588.0M | 668.2M | 697.5M |
Other Non-Current Liabilities | 207.0M | 234.0M | 197.0M | 116.8M | 122.2M |
Total Non-Current Liabilities | 3.3B | 3.4B | 3.7B | 3.5B | 4.1B |
Total Liabilities | 5.0B | 5.8B | 6.3B | 5.0B | 5.5B |
Equity | |||||
Common Stock | 0 | 0 | 0 | 0 | 0 |
Retained Earnings | 3.2B | 3.6B | 3.9B | 1.0B | 590.8M |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 6.1B | 7.5B | 7.6B | 4.9B | 4.6B |
Key Metrics | |||||
Total Debt | 2.4B | 2.5B | 2.5B | 2.3B | 2.7B |
Working Capital | 2.5B | 2.5B | 3.0B | 2.2B | 2.3B |
Balance Sheet Composition
Smithfield Foods Cash Flow Statement From 2015 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2015 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 798.0M | -133.0M | 811.0M | 389.0M | 452.3M |
Depreciation & Amortization | 339.0M | 427.0M | 440.0M | 331.0M | 234.1M |
Stock-Based Compensation | - | - | - | - | - |
Working Capital Changes | 64.0M | 413.0M | -261.0M | -53.0M | 93.7M |
Operating Cash Flow | 1.3B | 578.0M | 991.0M | 699.0M | 844.0M |
Investing Activities | |||||
Capital Expenditures | 99.0M | 219.0M | 8.0M | 6.0M | 6.4M |
Acquisitions | -13.0M | -14.0M | 584.0M | -1.0M | 354.0M |
Investment Purchases | - | -27.0M | -22.0M | 0 | - |
Investment Sales | 0 | 0 | 21.0M | - | - |
Investing Cash Flow | 52.0M | 132.0M | 590.0M | 3.0M | 300.2M |
Financing Activities | |||||
Share Repurchases | - | - | - | - | 0 |
Dividends Paid | -288.0M | -323.0M | -496.0M | -192.0M | -30.0M |
Debt Issuance | 14.0M | 226.0M | 785.0M | 923.0M | 290.0M |
Debt Repayment | -46.0M | -237.0M | -801.0M | -1.2B | -410.1M |
Financing Cash Flow | -321.0M | -353.0M | -567.0M | -434.0M | -440.1M |
Free Cash Flow | 787.0M | 681.0M | 179.0M | 579.0M | 422.6M |
Net Change in Cash | 1.0B | 357.0M | 1.0B | 268.0M | 704.1M |
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
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
sfd | 10.0B | 11.25 | 1.61 | 15.73% | 7.06% | 36.10 |
Archer-Daniels-Midla | 27.8B | 25.15 | 1.24 | 4.82% | 1.33% | 46.80 |
Tyson Foods | 20.3B | 25.93 | 1.11 | 4.43% | 1.45% | 49.09 |
Bunge Limited | 16.6B | 8.36 | 1.02 | 12.53% | 2.71% | 102.15 |
Cal-Maine Foods | 5.2B | 4.32 | 2.04 | 55.84% | 28.63% | 0.00 |
Vital Farms | 2.0B | 40.61 | 6.56 | 18.81% | 7.84% | 5.68 |
Financial data is updated regularly. All figures are in the company's reporting currency.