Smithfield Foods (SFD) Financials

$23.49 +0.17 (+0.73%)

As of 05/30/2025 04:00 PM Eastern

Annual Income Statements for Smithfield Foods

This table shows Smithfield Foods' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2015	2014
Period end date	12/29/2024	12/31/2023	1/1/2023	1/3/2016	12/28/2014
Net Income / (Loss) Attributable to Common Shareholders	953	17	870	477	556
Consolidated Net Income / (Loss)	970	23	881	452	556
Net Income / (Loss) Continuing Operations	798	-133	811	477	556
Total Pre-Tax Income	1,061	-129	1,047	648	773
Total Operating Income	1,118	-56	1,117	794	932
Total Gross Profit	1,897	889	1,495	1,755	1,776
Total Revenue	14,142	14,640	16,199	14,438	15,031
Operating Revenue	14,142	14,640	16,199	14,438	15,031
Total Cost of Revenue	12,244	13,751	14,704	12,683	13,256
Operating Cost of Revenue	12,244	13,751	14,704	12,683	13,256
Total Operating Expenses	780	945	378	962	844
Selling, General & Admin Expense	840	1,050	807	973	902
Other Operating Expenses / (Income)	-60	-105	-429	-12	-58
Total Other Income / (Expense), net	-57	-73	-69	-121	-159
Interest Expense	66	76	87	121	159
Other Income / (Expense), net	9.00	3.00	18	-	-
Income Tax Expense	271	-41	231	196	217
Other Gains / (Losses), net	8.00	-46	-6.00	-	-
Net Income / (Loss) Discontinued Operations	170	155	70	-	-
Net Income / (Loss) Attributable to Noncontrolling Interest	31	10	22	-	-
Basic Earnings per Share	$2.51	$0.05	$2.29	-	-
Weighted Average Basic Shares Outstanding	380.07M	380.07M	380.07M	1K	1K
Diluted Earnings per Share	$2.51	$0.05	$2.29	-	-
Weighted Average Diluted Shares Outstanding	380.07M	380.07M	380.07M	1K	1K
Weighted Average Basic & Diluted Shares Outstanding	393.11M	-	-	1K	1K

This table shows Smithfield Foods' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025
Period end date	3/30/2025
Net Income / (Loss) Attributable to Common Shareholders	224
Consolidated Net Income / (Loss)	227
Net Income / (Loss) Continuing Operations	227
Total Pre-Tax Income	304
Total Operating Income	321
Total Gross Profit	510
Total Revenue	3,771
Operating Revenue	3,771
Total Cost of Revenue	3,262
Operating Cost of Revenue	3,262
Total Operating Expenses	188
Selling, General & Admin Expense	197
Other Operating Expenses / (Income)	-9.00
Total Other Income / (Expense), net	-17
Interest Expense	11
Other Income / (Expense), net	-6.00
Income Tax Expense	72
Other Gains / (Losses), net	-5.00
Net Income / (Loss) Discontinued Operations	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	8.00
Basic Earnings per Share	$0.57
Weighted Average Basic Shares Outstanding	388.81M
Diluted Earnings per Share	$0.57
Weighted Average Diluted Shares Outstanding	389.06M
Weighted Average Basic & Diluted Shares Outstanding	393.11M

This table details how cash moves in and out of Smithfield Foods' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2015	2014
Period end date	12/29/2024	12/31/2023	1/1/2023	1/3/2016	12/28/2014
Net Change in Cash & Equivalents	192	181	245	0.00	0.00
Net Cash From Operating Activities	1,137	1,034	517	0.00	0.00
Net Cash From Continuing Operating Activities	916	688	521	0.00	0.00
Net Income / (Loss) Continuing Operations	798	-133	811	452	556
Consolidated Net Income / (Loss)	970	23	881	452	556
Net Income / (Loss) Discontinued Operations	172	155	70	-	-
Depreciation Expense	339	427	440	0.00	0.00
Non-Cash Adjustments To Reconcile Net Income	-27	-27	-423	-452	-556
Changes in Operating Assets and Liabilities, net	-194	420	-306	0.00	0.00
Net Cash From Discontinued Operating Activities	221	346	-4.00	-	-
Net Cash From Investing Activities	-469	-322	193	0.00	0.00
Net Cash From Continuing Investing Activities	-298	-194	274	0.00	0.00
Purchase of Property, Plant & Equipment	-350	-353	-338	0.00	0.00
Sale of Property, Plant & Equipment	99	219	8.00	0.00	0.00
Divestitures	0.00	13	606	0.00	0.00
Sale and/or Maturity of Investments	0.00	0.00	21	-	-
Other Investing Activities, net	-47	-72	-21	0.00	0.00
Net Cash From Discontinued Investing Activities	-171	-128	-81	-	-
Net Cash From Financing Activities	-464	-533	-477	0.00	0.00
Net Cash From Continuing Financing Activities	-321	-353	-567	0.00	0.00
Repayment of Debt	-45	-239	-801	0.00	0.00
Repurchase of Common Equity	0.00	-15	0.00	0.00	0.00
Payment of Dividends	-290	-325	-551	0.00	0.00
Issuance of Debt	14	226	785	0.00	0.00
Net Cash From Discontinued Financing Activities	-143	-180	90	-	-
Other Net Changes in Cash	-5.00	0.00	8.00	-	-

This table details how cash moves in and out of Smithfield Foods' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025
Period end date	3/30/2025
Net Change in Cash & Equivalents	-15
Net Cash From Operating Activities	-166
Net Cash From Continuing Operating Activities	-166
Net Income / (Loss) Continuing Operations	227
Consolidated Net Income / (Loss)	227
Net Income / (Loss) Discontinued Operations	0.00
Depreciation Expense	83
Changes in Operating Assets and Liabilities, net	-477
Net Cash From Discontinued Operating Activities	0.00
Net Cash From Investing Activities	-85
Net Cash From Continuing Investing Activities	-85
Purchase of Property, Plant & Equipment	-79
Other Investing Activities, net	-6.00
Net Cash From Discontinued Investing Activities	0.00
Net Cash From Financing Activities	236
Net Cash From Continuing Financing Activities	236
Repayment of Debt	0.00
Payment of Dividends	0.00
Issuance of Common Equity	236
Net Cash From Discontinued Financing Activities	0.00
Other Net Changes in Cash	0.00

This table presents Smithfield Foods' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2015	2014
Period end date	12/29/2024	12/31/2023	1/3/2016	12/28/2014
Total Assets	11,054	13,317	9,894	10,132
Total Current Assets	4,202	4,921	3,741	3,749
Cash & Equivalents	943	687	705	434
Accounts Receivable	558	577	760	864
Inventories, net	2,412	2,536	2,100	2,207
Prepaid Expenses	290	163	176	244
Other Current Nonoperating Assets	0.00	958	-	-
Plant, Property, & Equipment, net	3,176	3,347	2,867	2,753
Total Noncurrent Assets	3,676	5,050	3,286	3,630
Long-Term Investments	202	191	143	498
Goodwill	1,613	1,627	1,620	1,626
Intangible Assets	1,266	1,274	1,366	1,381
Other Noncurrent Operating Assets	595	611	158	124
Other Noncurrent Nonoperating Assets	0.00	1,347	-	-
Total Liabilities & Shareholders' Equity	11,054	13,317	9,894	10,132
Total Liabilities	4,996	5,831	5,019	5,541
Total Current Liabilities	1,706	2,450	1,545	1,468
Short-Term Debt	59	90	30	48
Accounts Payable	777	789	686	675
Accrued Expenses	871	1,166	828	745
Other Current Nonoperating Liabilities	0.00	406	-	-
Total Noncurrent Liabilities	3,290	3,381	3,474	4,073
Long-Term Debt	1,999	2,006	2,258	2,679
Noncurrent Deferred & Payable Income Tax Liabilities	518	474	-	698
Noncurrent Employee Benefit Liabilities	279	255	-	575
Other Noncurrent Operating Liabilities	494	560	1,217	122
Other Noncurrent Nonoperating Liabilities	0.00	86	-	-
Commitments & Contingencies	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	225	246	54	50
Total Equity & Noncontrolling Interests	5,834	7,241	4,821	4,540
Total Preferred & Common Equity	5,834	7,241	4,821	4,540
Preferred Stock	0.00	0.00	-	-
Total Common Equity	5,834	7,240	4,821	4,540
Common Stock	3,102	4,152	4,185	4,167
Retained Earnings	3,184	3,588	1,013	591
Accumulated Other Comprehensive Income / (Loss)	-452	-500	-378	-219
Noncontrolling Interest	0.00	0.00	0.50	0.90

This table presents Smithfield Foods' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025
Period end date	3/30/2025
Total Assets	11,146
Total Current Assets	4,334
Cash & Equivalents	928
Accounts Receivable	759
Inventories, net	2,385
Prepaid Expenses	262
Plant, Property, & Equipment, net	3,153
Total Noncurrent Assets	3,659
Long-Term Investments	197
Goodwill	1,613
Intangible Assets	1,264
Other Noncurrent Operating Assets	585
Total Liabilities & Shareholders' Equity	11,146
Total Liabilities	4,677
Total Current Liabilities	1,393
Short-Term Debt	58
Accounts Payable	447
Accrued Expenses	889
Total Noncurrent Liabilities	3,284
Long-Term Debt	2,000
Capital Lease Obligations	277
Noncurrent Deferred & Payable Income Tax Liabilities	523
Noncurrent Employee Benefit Liabilities	277
Other Noncurrent Operating Liabilities	207
Commitments & Contingencies	0.00
Redeemable Noncontrolling Interest	243
Total Equity & Noncontrolling Interests	6,225
Total Preferred & Common Equity	6,225
Preferred Stock	0.00
Total Common Equity	6,225
Common Stock	3,325
Retained Earnings	3,308
Accumulated Other Comprehensive Income / (Loss)	-408

This table displays calculated financial ratios and metrics derived from Smithfield Foods' official financial filings.

Metric	2024	2023	2022	2015	2014
Period end date	12/29/2024	12/31/2023	1/1/2023	1/3/2016	12/28/2014
Growth Metrics	-	-	-	-	-
Revenue Growth	-3.40%	-9.62%	0.00%	-3.94%	0.00%
EBITDA Growth	291.98%	-76.25%	0.00%	-14.79%	0.00%
EBIT Growth	2,226.42%	-104.67%	0.00%	-14.79%	0.00%
NOPAT Growth	2,223.57%	-104.50%	0.00%	-17.30%	0.00%
Net Income Growth	4,117.39%	-97.39%	0.00%	-18.67%	0.00%
EPS Growth	4,920.00%	-97.82%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	9.96%	100.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Growth	110.86%	0.00%	0.00%	110.90%	-226.77%
Invested Capital Growth	1.16%	0.00%	0.00%	-1.07%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	-19.89%	1,282.57%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-16.63%	102.17%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-16.38%	222.69%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-18.22%	237.08%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-16.61%	172.46%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	-100.00%	-100.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-25.58%	-197.76%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-7.95%	-9.06%
Profitability Metrics	-	-	-	-	-
Gross Margin	13.41%	6.07%	9.23%	12.16%	11.81%
EBITDA Margin	10.37%	2.55%	9.72%	5.50%	6.20%
Operating Margin	7.91%	-0.38%	6.90%	5.50%	6.20%
EBIT Margin	7.97%	-0.36%	7.01%	5.50%	6.20%
Profit (Net Income) Margin	6.86%	0.16%	5.44%	3.13%	3.70%
Tax Burden Percent	91.42%	-17.83%	84.15%	69.81%	71.93%
Interest Burden Percent	94.14%	243.40%	92.25%	81.62%	82.99%
Effective Tax Rate	25.54%	0.00%	22.06%	30.19%	28.07%
Return on Invested Capital (ROIC)	12.01%	-1.14%	0.00%	8.73%	20.99%
ROIC Less NNEP Spread (ROIC-NNEP)	99.07%	-22.01%	0.00%	4.86%	8.28%
Return on Net Nonoperating Assets (RNNOA)	2.31%	1.75%	0.00%	1.66%	3.24%
Return on Equity (ROE)	14.32%	0.61%	0.00%	28.11%	24.23%
Cash Return on Invested Capital (CROIC)	10.86%	-201.14%	0.00%	19.61%	-179.01%
Operating Return on Assets (OROA)	9.25%	-0.40%	0.00%	15.86%	18.39%
Return on Assets (ROA)	7.96%	0.17%	0.00%	9.03%	10.98%
Return on Common Equity (ROCE)	13.82%	0.59%	0.00%	18.90%	23.96%
Return on Equity Simple (ROE_SIMPLE)	16.63%	0.32%	0.00%	9.38%	12.25%
Net Operating Profit after Tax (NOPAT)	832	-39	871	554	670
NOPAT Margin	5.89%	-0.27%	5.37%	3.84%	4.46%
Net Nonoperating Expense Percent (NNEP)	-87.06%	20.87%	0.00%	12.60%	12.71%
Return On Investment Capital (ROIC_SIMPLE)	10.55%	-0.42%	-	-	-
Cost of Revenue to Revenue	86.58%	93.93%	90.77%	87.84%	88.19%
SG&A Expenses to Revenue	5.94%	7.17%	4.98%	6.74%	6.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	5.52%	6.45%	2.33%	6.66%	5.62%
Earnings before Interest and Taxes (EBIT)	1,127	-53	1,135	794	932
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,466	374	1,575	794	932
Valuation Ratios	-	-	-	-	-
Price to Book Value (P/BV)	0.09	0.07	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.18	0.12	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.04	0.04	0.03	0.00	0.00
Price to Earnings (P/E)	0.55	30.69	0.60	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	182.66%	3.26%	166.75%	1,404,768.91%	1,637,032.68%
Enterprise Value to Invested Capital (EV/IC)	0.24	0.29	0.00	0.24	0.29
Enterprise Value to Revenue (EV/Rev)	0.12	0.14	0.00	0.10	0.12
Enterprise Value to EBITDA (EV/EBITDA)	1.13	5.31	0.00	1.88	1.98
Enterprise Value to EBIT (EV/EBIT)	1.47	0.00	0.00	1.88	1.98
Enterprise Value to NOPAT (EV/NOPAT)	1.99	0.00	0.00	2.70	2.75
Enterprise Value to Operating Cash Flow (EV/OCF)	1.46	1.92	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	2.21	0.00	0.00	2.40	0.00
Leverage & Solvency	-	-	-	-	-
Debt to Equity	0.34	0.28	0.00	0.94	0.59
Long-Term Debt to Equity	0.33	0.27	0.00	0.93	0.58
Financial Leverage	0.02	-0.08	0.00	0.34	0.39
Leverage Ratio	1.80	1.78	0.00	2.12	2.21
Compound Leverage Factor	1.69	4.33	0.00	1.73	1.83
Debt to Total Capital	25.35%	21.87%	0.00%	63.89%	37.26%
Short-Term Debt to Total Capital	0.73%	0.94%	0.00%	0.85%	0.66%
Long-Term Debt to Total Capital	24.63%	20.93%	0.00%	63.04%	36.61%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.77%	2.57%	0.00%	1.52%	0.69%
Common Equity to Total Capital	71.87%	75.55%	0.00%	134.59%	62.04%
Debt to EBITDA	1.40	5.60	0.00	2.88	2.93
Net Debt to EBITDA	0.62	3.26	0.00	3.69	1.93
Long-Term Debt to EBITDA	1.36	5.36	0.00	5.78	2.88
Debt to NOPAT	2.47	-53.47	0.00	8.26	4.07
Net Debt to NOPAT	1.10	-31.07	0.00	5.20	2.68
Long-Term Debt to NOPAT	2.40	-51.17	0.00	8.15	4.00
Altman Z-Score	2.35	1.74	0.00	2.13	2.14
Noncontrolling Interest Sharing Ratio	3.48%	3.30%	0.00%	1.11%	1.10%
Liquidity Ratios	-	-	-	-	-
Current Ratio	2.46	2.01	0.00	4.84	2.55
Quick Ratio	0.88	0.52	0.00	1.90	0.88
Cash Flow Metrics	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	752	-6,930	0.00	623	-5,714
Operating Cash Flow to CapEx	452.99%	771.64%	156.67%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	11.40	-91.19	0.00	5.15	-35.85
Operating Cash Flow to Interest Expense	17.23	13.61	5.94	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	13.42	11.84	2.15	0.00	0.00
Efficiency Ratios	-	-	-	-	-
Asset Turnover	1.16	1.10	0.00	1.44	2.97
Accounts Receivable Turnover	24.92	25.37	0.00	17.78	0.00
Inventory Turnover	4.95	5.42	0.00	5.89	0.00
Fixed Asset Turnover	4.34	4.37	0.00	5.14	0.00
Accounts Payable Turnover	15.64	17.43	0.00	18.64	0.00
Days Sales Outstanding (DSO)	14.65	14.39	0.00	20.53	0.00
Days Inventory Outstanding (DIO)	73.75	67.31	0.00	61.97	0.00
Days Payable Outstanding (DPO)	23.34	20.94	0.00	19.59	0.00
Cash Conversion Cycle (CCC)	65.06	60.76	0.00	62.91	0.00
Capital & Investment Metrics	-	-	-	-	-
Invested Capital	6,971	6,891	0.00	6,316	6,384
Invested Capital Turnover	2.04	4.25	0.00	2.27	4.71
Increase / (Decrease) in Invested Capital	80	6,891	0.00	-68	6,384
Enterprise Value (EV)	1,660	1,986	0.00	1,495	1,846
Market Capitalization	522	522	522	0.03	0.03
Book Value per Share	$5,834,000.00	$7,240,000.00	$0.00	$4,820,500.00	$4,539,500.00
Tangible Book Value per Share	$2,955,000.00	$4,339,000.00	$0.00	$1,835,300.00	$1,532,400.00
Total Capital	8,117	9,583	0.00	7,163	7,317
Total Debt	2,058	2,096	0.00	2,288	2,727
Total Long-Term Debt	1,999	2,006	0.00	2,258	2,679
Net Debt	913	1,218	0.00	1,441	1,795
Capital Expenditures (CapEx)	251	134	330	0.00	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,612	1,874	0.00	1,522	1,895
Debt-free Net Working Capital (DFNWC)	2,555	2,561	0.00	2,227	2,329
Net Working Capital (NWC)	2,496	2,471	0.00	2,196	2,280
Net Nonoperating Expense (NNE)	-138	-62	-10	102	114
Net Nonoperating Obligations (NNO)	912	-596	0.00	1,441	1,794
Total Depreciation and Amortization (D&A)	339	427	440	0.00	0.00
Debt-free, Cash-free Net Working Capital to Revenue	11.40%	12.80%	0.00%	10.54%	12.61%
Debt-free Net Working Capital to Revenue	18.07%	17.49%	0.00%	30.84%	15.49%
Net Working Capital to Revenue	17.65%	16.88%	0.00%	30.42%	15.17%
Earnings Adjustments	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.51	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	380.07M	0.00	0.00	1K	1K
Adjusted Diluted Earnings per Share	$2.51	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	380.07M	0.00	0.00	1K	1K
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	393.11M	0.00	0.00	1K	1K
Normalized Net Operating Profit after Tax (NOPAT)	832	-39	871	554	670
Normalized NOPAT Margin	5.89%	-0.27%	5.37%	3.84%	4.46%
Pre Tax Income Margin	7.50%	-0.88%	6.46%	4.49%	5.14%
Debt Service Ratios	-	-	-	-	-
EBIT to Interest Expense	17.08	-0.70	13.05	6.56	5.84
NOPAT to Interest Expense	12.61	-0.52	10.01	9.16	4.20
EBIT Less CapEx to Interest Expense	13.27	-2.46	9.25	6.56	5.84
NOPAT Less CapEx to Interest Expense	8.81	-2.28	6.21	9.16	4.20
Payout Ratios	-	-	-	-	-
Dividend Payout Ratio	29.90%	1,413.04%	62.54%	0.00%	0.00%
Augmented Payout Ratio	29.90%	1,478.26%	62.54%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Smithfield Foods' official financial filings.

Metric	Q1 2025
Period end date	3/30/2025
Growth Metrics	-
Revenue Growth	9.49%
EBITDA Growth	59.84%
EBIT Growth	88.62%
NOPAT Growth	102.16%
Net Income Growth	47.40%
EPS Growth	39.02%
Operating Cash Flow Growth	5.68%
Free Cash Flow Firm Growth	0.00%
Invested Capital Growth	0.00%
Revenue Q/Q Growth	0.00%
EBITDA Q/Q Growth	0.00%
EBIT Q/Q Growth	0.00%
NOPAT Q/Q Growth	0.00%
Net Income Q/Q Growth	0.00%
EPS Q/Q Growth	0.00%
Operating Cash Flow Q/Q Growth	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%
Invested Capital Q/Q Growth	0.00%
Profitability Metrics	-
Gross Margin	13.52%
EBITDA Margin	10.55%
Operating Margin	8.51%
EBIT Margin	8.35%
Profit (Net Income) Margin	6.02%
Tax Burden Percent	74.67%
Interest Burden Percent	96.51%
Effective Tax Rate	23.68%
Return on Invested Capital (ROIC)	24.48%
ROIC Less NNEP Spread (ROIC-NNEP)	21.51%
Return on Net Nonoperating Assets (RNNOA)	4.02%
Return on Equity (ROE)	28.51%
Cash Return on Invested Capital (CROIC)	0.00%
Operating Return on Assets (OROA)	10.84%
Return on Assets (ROA)	7.81%
Return on Common Equity (ROCE)	27.44%
Return on Equity Simple (ROE_SIMPLE)	16.76%
Net Operating Profit after Tax (NOPAT)	245
NOPAT Margin	6.50%
Net Nonoperating Expense Percent (NNEP)	2.97%
Return On Investment Capital (ROIC_SIMPLE)	2.86%
Cost of Revenue to Revenue	86.50%
SG&A Expenses to Revenue	5.22%
R&D to Revenue	0.00%
Operating Expenses to Revenue	4.99%
Earnings before Interest and Taxes (EBIT)	315
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	398
Valuation Ratios	-
Price to Book Value (P/BV)	1.25
Price to Tangible Book Value (P/TBV)	2.32
Price to Revenue (P/Rev)	0.54
Price to Earnings (P/E)	7.61
Dividend Yield	0.00%
Earnings Yield	13.14%
Enterprise Value to Invested Capital (EV/IC)	1.20
Enterprise Value to Revenue (EV/Rev)	0.64
Enterprise Value to EBITDA (EV/EBITDA)	5.71
Enterprise Value to EBIT (EV/EBIT)	7.24
Enterprise Value to NOPAT (EV/NOPAT)	9.65
Enterprise Value to Operating Cash Flow (EV/OCF)	8.04
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00
Leverage & Solvency	-
Debt to Equity	0.36
Long-Term Debt to Equity	0.35
Financial Leverage	0.19
Leverage Ratio	1.72
Compound Leverage Factor	1.66
Debt to Total Capital	26.53%
Short-Term Debt to Total Capital	0.66%
Long-Term Debt to Total Capital	25.87%
Preferred Equity to Total Capital	0.00%
Noncontrolling Interests to Total Capital	2.76%
Common Equity to Total Capital	70.71%
Debt to EBITDA	1.45
Net Debt to EBITDA	0.75
Long-Term Debt to EBITDA	1.41
Debt to NOPAT	2.44
Net Debt to NOPAT	1.27
Long-Term Debt to NOPAT	2.38
Altman Z-Score	3.12
Noncontrolling Interest Sharing Ratio	3.76%
Liquidity Ratios	-
Current Ratio	3.11
Quick Ratio	1.21
Cash Flow Metrics	-
Free Cash Flow to Firm (FCFF)	-7,433
Operating Cash Flow to CapEx	-210.13%
Free Cash Flow to Firm to Interest Expense	-675.73
Operating Cash Flow to Interest Expense	-15.09
Operating Cash Flow Less CapEx to Interest Expense	-22.27
Efficiency Ratios	-
Asset Turnover	1.30
Accounts Receivable Turnover	19.06
Inventory Turnover	5.21
Fixed Asset Turnover	4.59
Accounts Payable Turnover	27.79
Days Sales Outstanding (DSO)	19.15
Days Inventory Outstanding (DIO)	70.07
Days Payable Outstanding (DPO)	13.13
Cash Conversion Cycle (CCC)	76.09
Capital & Investment Metrics	-
Invested Capital	7,678
Invested Capital Turnover	3.77
Increase / (Decrease) in Invested Capital	7,678
Enterprise Value (EV)	9,225
Market Capitalization	7,772
Book Value per Share	$15.84
Tangible Book Value per Share	$8.52
Total Capital	8,803
Total Debt	2,335
Total Long-Term Debt	2,277
Net Debt	1,210
Capital Expenditures (CapEx)	79
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2,071
Debt-free Net Working Capital (DFNWC)	2,999
Net Working Capital (NWC)	2,941
Net Nonoperating Expense (NNE)	18
Net Nonoperating Obligations (NNO)	1,210
Total Depreciation and Amortization (D&A)	83
Debt-free, Cash-free Net Working Capital to Revenue	14.31%
Debt-free Net Working Capital to Revenue	20.73%
Net Working Capital to Revenue	20.33%
Earnings Adjustments	-
Adjusted Basic Earnings per Share	$0.57
Adjusted Weighted Average Basic Shares Outstanding	388.81M
Adjusted Diluted Earnings per Share	$0.57
Adjusted Weighted Average Diluted Shares Outstanding	389.06M
Adjusted Basic & Diluted Earnings per Share	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	393.11M
Normalized Net Operating Profit after Tax (NOPAT)	245
Normalized NOPAT Margin	6.50%
Pre Tax Income Margin	8.06%
Debt Service Ratios	-
EBIT to Interest Expense	28.64
NOPAT to Interest Expense	22.27
EBIT Less CapEx to Interest Expense	21.45
NOPAT Less CapEx to Interest Expense	15.09
Payout Ratios	-
Dividend Payout Ratio	19.37%
Augmented Payout Ratio	19.37%

Frequently Asked Questions About Smithfield Foods' Financials

When does Smithfield Foods's fiscal year end?

According to the most recent income statement we have on file, Smithfield Foods' financial year ends in December. Their financial year 2024 ended on December 29, 2024.

How has Smithfield Foods' net income changed over the last 4 years?

Smithfield Foods' net income appears to be on an upward trend, with a most recent value of $970 million in 2024, rising from $556.10 million in 2014. The previous period was $23 million in 2023. See Smithfield Foods' forecast for analyst expectations on what’s next for the company.

What is Smithfield Foods's operating income?

Smithfield Foods's total operating income in 2024 was $1.12 billion, based on the following breakdown:

Total Gross Profit: $1.90 billion
Total Operating Expenses: $780 million

How has Smithfield Foods revenue changed over the last 4 years?

Over the last 4 years, Smithfield Foods' total revenue changed from $15.03 billion in 2014 to $14.14 billion in 2024, a change of -5.9%.

How much debt does Smithfield Foods have?

Smithfield Foods' total liabilities were at $5.00 billion at the end of 2024, a 14.3% decrease from 2023, and a 9.8% decrease since 2014.

How much cash does Smithfield Foods have?

In the past 3 years, Smithfield Foods' cash and equivalents has ranged from $433.50 million in 2014 to $943 million in 2024, and is currently $943 million as of their latest financial filing in 2024.

How has Smithfield Foods' book value per share changed over the last 4 years?

Over the last 4 years, Smithfield Foods' book value per share changed from 4,539,500.00 in 2014 to 5,834,000.00 in 2024, a change of 28.5%.

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This page (NASDAQ:SFD) was last updated on 6/1/2025 by MarketBeat.com Staff

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Smithfield Foods (SFD) Financials

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