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
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
2025
$15.5B
$987M
13.5%
8.3%
14.5%
8.1%
$718M
$2.0B
$1.5B
2024
$14.1B
$953M
13.4%
7.9%
16.3%
8.6%
$566M
$2.0B
$943M
2023
$14.6B
$17M
6.1%
-0.4%
0.2%
0.1%
$335M
$2.0B
$687M
2023
$16.2B
$870M
9.2%
6.9%
—
—
$183M
—
$547M
2016
—
$452M
—
—
9.4%
4.6%
—
$2.3B
—
2014
—
$556M
—
—
12.3%
5.5%
—
$2.7B
—
2013
—
$121M
—
—
2.9%
1.2%
—
$3.0B
—
2013
—
$184M
—
—
5.9%
2.4%
—
$2.5B
—
2012
—
$361M
—
—
10.7%
4.9%
—
$1.9B
—
2011
—
$521M
—
—
14.7%
6.8%
—
$2.1B
—
2010
—
-$101M
—
—
-3.7%
-1.3%
—
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
Sep '26
$3.4B
$89M
9.1%
3.7%
1.3%
0.7%
$45M
—
$1.2B
Jun '26
$3.7B
$238M
12.9%
7.8%
3.4%
2.0%
$192M
—
$1.4B
Mar '26
$3.8B
$246M
13.4%
8.8%
3.6%
2.0%
-$153M
—
$1.4B
Dec '25
$4.2B
$327M
14.2%
9.5%
4.8%
2.7%
—
$2.0B
$1.5B
Sep '25
$3.7B
$248M
12.8%
8.3%
3.8%
2.2%
-$75M
—
$773M
Jun '25
$3.8B
$188M
13.2%
6.9%
3.0%
1.7%
$195M
—
$928M
Mar '25
$3.8B
$224M
13.5%
8.5%
3.6%
2.0%
-$245M
—
$928M
Dec '24
$4.0B
$204M
13.5%
8.5%
3.5%
1.8%
—
$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
—
—
2.9%
1.5%
—
$2.3B
—
Jul '16
—
$138M
—
—
2.9%
1.5%
—
$2.3B
—
Apr '16
—
$121M
—
—
2.5%
1.3%
—
$2.3B
—
Jan '16
—
$168M
—
—
3.5%
1.7%
—
$2.3B
—
Sep '15
—
$83M
—
—
1.7%
0.9%
—
$2.3B
—
Jun '15
—
$104M
—
—
2.2%
1.1%
—
$2.3B
—
Mar '15
—
$97M
—
—
2.1%
1.0%
—
$2.4B
—
Dec '14
—
$153M
—
—
3.4%
1.5%
—
$2.7B
—
Sep '14
—
$155M
—
—
3.5%
1.6%
—
$3.0B
—
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 fallen from 8.9× (Jan '25) to 7.4× (Nov '26).
The price-to-sales ratio has fallen from 0.6× (Jan '25) to 0.5× (Nov '26).
The dividend yield has risen from 3.4% (Jan '25) to 5.4% (Nov '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?
Smithfield Foods Inc's P/E (TTM) is 8.09 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the SFD stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 7.4× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.