11 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 2.1% per year over the past 5 years.
Net income has grown faster than revenue (6.5% vs -2.1% per year).
Operating margin has expanded, at 8.3% in the latest year.
Free cash flow has grown 98.1% per year over the past 5 years.
Financial health
Total debt ($2.0B) exceeds cash ($1.5B); net debt is $447M.
Total debt has grown in line with revenue (-0.1% vs -2.1% per year).
Operating income covered interest expense 32× in the latest year, up from 13× 5 years ago.
Total debt is 1.2× EBITDA.
Shareholder returns
Dividends have been paid for 4 consecutive years, consuming 40.1% of earnings and 55.2% of free cash flow.
The dividend has declined 10.6% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$15.5B
$987M
13.5%
8.3%
$718M
$2.0B
$1.5B
2024
$14.1B
$953M
13.4%
7.9%
$566M
$2.0B
$943M
2023
$14.6B
$17M
6.1%
-0.4%
$335M
$2.0B
$687M
2023
$16.2B
$870M
9.2%
6.9%
$183M
—
$547M
2016
—
$452M
—
—
—
$2.3B
—
2014
—
$556M
—
—
—
$2.7B
—
2013
—
$121M
—
—
—
$3.0B
—
2013
—
$184M
—
—
—
$2.5B
—
2012
—
$361M
—
—
—
$1.9B
—
2011
—
$521M
—
—
—
$2.1B
—
2010
—
-$101M
—
—
—
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$3.8B
$246M
13.4%
8.8%
-$153M
—
$1.4B
Dec '25
$4.2B
$327M
14.2%
9.5%
—
$2.0B
$1.5B
Sep '25
$3.7B
$248M
12.8%
8.3%
—
—
$773M
Jun '25
$3.8B
$188M
13.2%
6.9%
—
—
$928M
Mar '25
$3.8B
$224M
13.5%
8.5%
-$245M
—
$928M
Dec '24
$4.0B
$204M
13.5%
8.5%
—
$2.0B
$943M
Sep '24
$3.3B
$291M
14.3%
8.5%
—
—
$278M
Jun '24
$3.4B
$301M
15.4%
9.8%
—
—
$215M
Mar '24
$3.4B
$156M
10.5%
4.7%
—
—
$204M
Oct '16
—
$144M
—
—
—
$2.3B
—
Jul '16
—
$138M
—
—
—
$2.3B
—
Apr '16
—
$121M
—
—
—
$2.3B
—
Jan '16
—
$168M
—
—
—
$2.3B
—
Sep '15
—
$83M
—
—
—
$2.3B
—
Jun '15
—
$104M
—
—
—
$2.3B
—
Mar '15
—
$97M
—
—
—
$2.4B
—
Dec '14
—
$153M
—
—
—
$2.7B
—
Sep '14
—
$155M
—
—
—
$3.0B
—
Jun '14
—
$143M
—
—
—
$3.1B
—
Mar '14
—
$105M
—
—
—
$3.3B
—
Valuation over time
How the market has priced SFD against its own fundamentals since 2025-01 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 8.9× (Jan '25) to 9.7× (Jun '26).
The price-to-sales ratio has risen from 0.6× (Jan '25) to 0.6× (Jun '26).
The dividend yield has risen from 3.4% (Jan '25) to 4.1% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is SFD growing its revenue and profit?
Over the past 5 years, Smithfield Foods Inc's revenue has declined 2.1% per year, and net income grown 6.5% per year. These are computed facts, not advice.
How much debt does SFD have?
As of FY2025, Smithfield Foods Inc reported $2.0B of total debt against $1.5B of cash; operating income covered interest expense 32×.
What is SFD's profit margin?
In FY2025, gross margin was 13.5%, operating margin 8.3%, and net margin 6.4%.
What is SFD's P/E ratio?
As of Jun '26, Smithfield Foods Inc traded at a price-to-earnings ratio of about 9.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.