A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
Our Company Headquartered in Smithfield, Virginia, since 1936, Smithfield Foods, Inc., together with its subsidiaries (“Smithfield,” “the Company,” “we,” “us” or “our”), produces a wide variety of packaged meats and fresh pork products primarily in the United States (“U.S.”). Smithfield is an American food company that employs approximately 34,000 people in the U.S. and 2,500 people in Mexico. Smithfield’s portfolio includes high-quality iconic brands, such as Smithfield®, Eckrich® and Nathan’s Famous®, among many others. Smithfield is a majority owned subsidiary of Hong Kong-based WH Group Limited (“WH Group”). Our Mission Good food. Responsibly.® At Smithfield, we are helping to feed a world of nearly eight billion people. Our products are found on tables everywhere. We provide families with wholesome, safe and affordable food while finding new and innovative ways to care for our people, communities, animals and planet. It is our responsibility and our promise.
| Metric | TTM | FY2024 | FY2023 | FY2016 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|
| Revenue | 18.9B | 14.1B | 16.2B | 14.4B | 15.0B | 13.9B |
| Net Income | 854M | 953M | 870M | 452M | 556M | 121M |
| EPS | $193,501.68 | $2.51 | $2.29 | $452,300.00 | - | $1.26 |
| Free Cash Flow | 568M | 566M | 183M | - | - | -105M |
| ROIC | 12.1% | 10.7% | 10.1% | - | 29.0% | - |
| Gross Margin | 12.5% | 13.4% | 9.2% | 12.2% | 11.8% | 8.7% |
| Debt/Equity | 0.31 | 0.34 | 0.28 | - | 5.50 | - |
| Dividends/Share | $0.02 | $0.76 | $1.31 | - | - | - |
| Operating Income | 1.2B | 1.1B | 1.1B | 794M | 932M | 339M |
| Operating Margin | 6.5% | 7.9% | 6.9% | 5.5% | 6.2% | 2.4% |
| ROE | 13.2% | 14.6% | 12.0% | - | 111.7% | - |
| Shares Outstanding | 393M | 380M | 380M | 0M | - | 96M |
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2016 | 2023 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 12.5B | 1.8B | 2.2B | 2.5B | 13.9B | 15.0B | 14.4B | 16.2B | 14.1B | 18.9B |
| Gross Margin | 5.0% | 41.4% | 78.6% | 61.5% | 8.7% | 11.8% | 12.2% | 9.2% | 13.4% | 12.5% |
| R&D | N/A | 39M | 47M | 76M | 81M | N/A | N/A | N/A | 144M | 144M |
| SG&A | 798M | 706M | 790M | 817M | 815M | N/A | N/A | 807M | 840M | 1.2B |
| EBIT | -224M | 63M | 1.1B | 723M | 339M | 932M | 794M | 1.1B | 1.1B | 1.2B |
| Op. Margin | -1.8% | 3.6% | 50.2% | 28.7% | 2.4% | 6.2% | 5.5% | 6.9% | 7.9% | 6.5% |
| Net Income | -198M | -101M | 521M | 361M | 121M | 556M | 452M | 870M | 953M | 854M |
| Net Margin | -1.6% | -5.8% | 23.9% | 14.3% | 0.9% | 3.7% | 3.1% | 5.4% | 6.7% | 4.5% |
| Non-Recurring | 90M | 29M | 62M | 28M | 4.2M | 0 | 12M | 0 | 20M | 0 |
| Returns on Capital | ||||||||||
| ROIC | -6.2% | N/A | N/A | N/A | N/A | 29.0% | N/A | 10.1% | 10.7% | 12.1% |
| ROE | -7.6% | N/A | N/A | N/A | N/A | 111.7% | N/A | 12.0% | 14.6% | 13.2% |
| ROA | N/A | N/A | N/A | N/A | N/A | 5.5% | N/A | 6.5% | 7.8% | 7.4% |
| Cash Flow | ||||||||||
| Op. Cash Flow | 270M | 258M | 616M | 570M | 173M | 0 | 0 | 521M | 916M | 1.0B |
| Free Cash Flow | 91M | 84M | 440M | 279M | -105M | N/A | N/A | 183M | 566M | 568M |
| Owner Earnings | -4.4M | 9.3M | 373M | 313M | -67M | 0 | 0 | 81M | 577M | 666M |
| CapEx | 179M | 175M | 177M | 291M | 278M | 301M | 0 | 338M | 350M | 461M |
| Maint. CapEx | 271M | 242M | 232M | 243M | 240M | 0 | 0 | 440M | 339M | 363M |
| Growth CapEx | 0 | 0 | 0 | 48M | 38M | N/A | N/A | 0 | 11M | 98M |
| D&A | 271M | 242M | 232M | 243M | 240M | 0 | 0 | 440M | 339M | 363M |
| CapEx/OCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 44.8% |
| Capital Allocation | ||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 496M | 288M | 9.1M |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.1% |
| Share Buybacks | 0 | 0 | 0 | 190M | 386M | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | N/A | N/A | 0.0% |
| Stock-Based Comp | 3.8M | 6.6M | 11M | 14M | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt Repayment | 357M | 333M | 945M | 153M | 0 | 0 | 0 | 3.0M | 24M | 24M |
| Balance Sheet | ||||||||||
| Net Debt | 481M | N/A | 1.7B | 1.6B | 2.2B | 2.7B | N/A | 1.4B | 1.1B | 1.2B |
| Cash & Equiv. | 119M | N/A | 375M | 324M | 311M | 26M | N/A | 687M | 943M | 773M |
| Long-Term Debt | 600M | N/A | 2.0B | 1.9B | 1.8B | 2.7B | N/A | 2.0B | 2.0B | 2.0B |
| Debt/Equity | 0.23 | N/A | N/A | N/A | N/A | 5.50 | N/A | 0.28 | 0.34 | 0.31 |
| Interest Coverage | -1.0 | 0.2 | 4.5 | 4.1 | 2.0 | N/A | N/A | 12.8 | 16.9 | 16.9 |
| Equity | 2.6B | N/A | N/A | N/A | N/A | 498M | N/A | 7.2B | 5.8B | 6.5B |
| Total Assets | -67M | N/A | N/A | N/A | N/A | 10.1B | N/A | 13.3B | 11.1B | 11.5B |
| Total Liabilities | 13M | N/A | N/A | N/A | N/A | 5.2B | N/A | 6.1B | 5.2B | 204M |
| Intangibles | N/A | N/A | 793M | 768M | 782M | 1.7B | N/A | 2.9B | 2.9B | 2.9B |
| Retained Earnings | N/A | N/A | 2.1B | 2.3B | 2.3B | N/A | N/A | 3.6B | 3.2B | 3.5B |
| Working Capital | N/A | N/A | 2.1B | 2.2B | 1.8B | 188M | N/A | 2.5B | 2.5B | 3.1B |
| Current Assets | N/A | N/A | 3.3B | 3.3B | 3.6B | 214M | N/A | 4.9B | 4.2B | 4.6B |
| Current Liabilities | 13M | N/A | 1.2B | 1.1B | 1.7B | 27M | N/A | 2.5B | 1.7B | 1.5B |
| Per Share Data | ||||||||||
| EPS | -1.41 | -0.65 | 3.12 | 2.21 | 1.26 | N/A | 452,300.00 | 2.29 | 2.51 | 193,501.68 |
| Owner EPS | -0.03 | 0.06 | 2.23 | 1.91 | -0.70 | N/A | 0.00 | 0.21 | 1.52 | 1.69 |
| Book Value | 18.60 | N/A | N/A | N/A | N/A | N/A | N/A | 19.06 | 15.37 | 16.45 |
| Cash Flow/Share | 1.92 | 1.66 | 3.69 | 3.49 | 1.80 | N/A | N/A | 1.37 | 2.41 | 3.10 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1.31 | 0.76 | 0.02 |
| Shares Out. | 140.7M | 156.0M | 167.0M | 163.5M | 95.8M | N/A | 0.0M | 379.9M | 379.7M | 393.1M |
| Valuation | ||||||||||
| P/E Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.0 |
| P/FCF | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 19.9 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 10.1 |
| Price/Book | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 1.7 |
| Price/Sales | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 0.6 |
| FCF Yield | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 5.0% |
| Market Cap | 0 | 0 | 0 | 0 | 0 | 0 | 0 | N/A | N/A | 11.3B |
| Avg. Price | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | N/A | N/A | 28.73 |
| Year-End Price | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | N/A | N/A | 28.73 |
SMITHFIELD FOODS INC passes 3 of 9 quality checks, indicating weak fundamentals.
SMITHFIELD FOODS INC trades at 11.4x trailing earnings, compared to its 15-year median P/E of 15.0x, suggesting it is currently Cheap relative to its historical range. The company's 5-year average ROIC is 16.6% with a gross margin of 11.1%.
SMITHFIELD FOODS INC (SFD) has a current P/E ratio of 11.4, compared to its historical median P/E of 15.0. The stock is currently considered Cheap based on its historical valuation range.
SMITHFIELD FOODS INC (SFD) has a 5-year average return on invested capital (ROIC) of 16.6%. This indicates strong capital allocation and a potential competitive advantage.
SMITHFIELD FOODS INC (SFD) has a market capitalization of $11.3B. It is classified as a large-cap stock.
Yes, SMITHFIELD FOODS INC (SFD) pays a dividend with a trailing twelve-month yield of 0.08%.
Based on historical P/E analysis, SMITHFIELD FOODS INC (SFD) appears cheap. The current P/E of 11.4 is 24% below its historical median of 15.0.
SMITHFIELD FOODS INC (SFD) operates in the Meat Packing Plants industry, within the Consumer Defensive sector.
SMITHFIELD FOODS INC (SFD) reported annual revenue of $14.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
SMITHFIELD FOODS INC (SFD) has a net profit margin of 6.7%. This is a modest margin.
SMITHFIELD FOODS INC (SFD) generated $566 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
SMITHFIELD FOODS INC (SFD) has a debt-to-equity ratio of 0.34. This indicates a conservatively financed balance sheet.
SMITHFIELD FOODS INC (SFD) reported earnings per share (EPS) of $2.51 in its most recent fiscal year.
SMITHFIELD FOODS INC (SFD) has a return on equity (ROE) of 14.6%. This indicates moderate shareholder returns.
SMITHFIELD FOODS INC (SFD) has a 5-year average gross margin of 11.1%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 9 years of financial data for SMITHFIELD FOODS INC (SFD), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
SMITHFIELD FOODS INC (SFD) has a book value per share of $15.37, based on its most recent annual SEC filing.