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One of the world's largest pork producers and processors, selling fresh and packaged pork products.
One of the world's largest pork producers and processors, selling fresh and packaged pork products.
Fresh pork follows commodity prices, so packaged and branded meats, which sell at steadier margins, are the cushion. Hog farming adds a second commodity exposure, to hog prices and feed. China's WH Group bought it in 2013 and kept a majority stake when it listed in the US in 2025.
Moat: narrow (scale, cost advantage). Vertically integrated hog-to-processing scale lowers unit costs versus smaller pork producers.
Headquarters: Smithfield, Virginia, US · Founded: 1936 · Employees: 32,000
Size Smithfield Foods (SFD) is a United States Consumer Staples company (Food: Meat/Fish/Dairy) with a market value of $7.60B, the 920th largest of 3,117 United States companies the cockpit tracks. Shares closed at $19.30 on 6 Nov 2026.
Performance Over six months the shares fell 25.6%, against +3.3% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 20 in its peer set.
Growth Revenue fell 1.6% over the last twelve months (peer median +4.9%); the operating margin is 7.4% (peer median 7.8%).
Valuation It trades at 13.0× forward earnings against a peer median of 17.3× (5th cheapest of 21).
Price implies For today's price to make sense, revenue must grow about -12% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -13 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.9 points above its cost of capital (6.1% WACC).
Credit Smithfield Foods has 1 bond outstanding ($600M), rated BBB by the agencies.
Short interest Short interest is 1.5% of the free float (15 Oct 2026).
Next results Next results expected around 23 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $15.1B | $15.6B | $14.1B | $14.6B | $16.3B |
| Revenue growth | — | +10% | -3% | -10% | — |
| Gross profit | $1.86B | $2.35B | $2.02B | $1.04B | $1.84B |
| EBITDA | $1.45B | $1.71B | $1.37B | $627M | $1.47B |
| Net income | $899M | $987M | $953M | $16.0M | $869M |
| Free cash flow | $898M | $704M | $744M | $633M | $178M |
| Capital expenditure | $405M | $355M | $393M | $401M | $339M |
| Total debt | $2.39B | $2.40B | $2.34B | $2.42B | $2.47B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Smithfield Foods SFD | $7.60B | -26% | -2% | 7% | 13.0× | -11.5% |
| Tyson Foods TSN | $20.6B | -13% | +3% | 3% | 17.4× | 6.7% |
| JBS JBS | $13.4B | -23% | +334% | 4% | 11.8× | -6.5% |
| Hormel Foods HRL | $12.1B | +7% | +1% | 7% | 14.4× | 0.9% |
| Wh Group 0288.HK | $10.8B | -31% | +6% | 9% | 8.4× | -16.4% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | SFD | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.2% | +5.9% | 8th lowest of 21 |
| 6-month return | -25.6% | +3.3% | 3rd lowest of 20 |
| Distance from 52-week high | -35.2% | -15.9% | 4th lowest of 21 |
| Revenue growth (TTM) | -1.6% | +4.9% | 4th lowest of 21 |
| Operating margin | 7.4% | 7.8% | 9th lowest of 21 |
| Forward P/E | 13.0× | 17.3× | 5th cheapest of 21 |
| Growth the price implies (Req g, 7 yrs) | -11.5% | 3.8% | 3rd least demanding of 17 |
| Growth delivered (Del g) | +1.9% | +4.7% | 5th lowest of 16 |
| Hurdle (Req g minus delivered) | -13.4 pp | -3.8 pp | 3rd least demanding of 16 |
| ROIC minus cost of capital | +3.9 pp | +2.2 pp | 8th highest of 21 |
| EV / EBITDA | 6.3× | 10.7× | 5th cheapest of 18 |
| Net debt / EBITDA | 0.8× | 1.6× | 8th least indebted of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Smithfield Foods SFD | United States | $7.60B | -26% | -2% | 7% | 13.0× | -11.5% | +1.9% |
| Emmi EMMN.SW | Switzerland | $6.32B | +16% | +4% | 7% | 21.8× | 0.3% | +5.1% |
| Mengniu Dairy 2319.HK | Hong Kong | $10.5B | +28% | +3% | 5% | 14.7× | 6.7% | +0.9% |
| Wh Group 0288.HK | Hong Kong | $10.8B | -31% | +6% | 9% | 8.4× | -16.4% | +1.9% |
| Yakult Honsha 2267.T | Japan | $5.15B | +3% | -1% | 9% | 17.0× | n/a | n/a |
| Hormel Foods HRL | United States | $12.1B | +7% | +1% | 7% | 14.4× | 0.9% | +4.7% |
| Magnum Ice Cream MICC.AS | Netherlands | $12.1B | +35% | +1% | 8% | 17.9× | 10.9% | +1.8% |
| Saputo SAP.TO | Canada | $12.4B | +7% | -5% | 6% | 21.2× | -1.9% | +4.2% |
| Mowi MOWI.OL | Norway | $12.4B | +12% | +10% | 13% | 17.8× | 7.5% | +10.7% |
| Henan Shuanghui Investment & Development 000895.SZ | China | $12.7B | -12% | -4% | 11% | 17.3× | -4.6% | -4.3% |
| Want Want China 0151.HK | Hong Kong | $4.43B | -32% | +6% | 18% | 9.7× | n/a | n/a |
| JBS JBS | United States | $13.4B | -23% | +334% | 4% | 11.8× | -6.5% | n/a |
| Cranswick CWK.L | United Kingdom | $3.94B | +7% | +10% | 8% | 17.2× | 5.7% | +9.5% |
| Nh Foods 2282.T | Japan | $3.40B | -10% | +7% | 3% | 14.0× | n/a | n/a |
| China Feihe 6186.HK | Hong Kong | $3.16B | -20% | -4% | 15% | 11.8× | -14.7% | -1.2% |
| Tyson Foods TSN | United States | $20.6B | -13% | +3% | 3% | 17.4× | 6.7% | +4.7% |
| Bakkafrost P/F BAKKA.OL | Norway | $2.77B | +4% | +7% | 14% | 23.1× | 9.5% | +10.1% |
| Leroy Seafood LSG.OL | Norway | $2.74B | -2% | +1% | 6% | 14.6× | 7.7% | +11.5% |
| Hatsun Agro Product HATSUN.NS | India | $2.52B | +8% | +18% | 5% | 49.8× | 25.4% | +12.4% |
| Milky Mist Dairy Food MILKYMIST.NS | India | $2.42B | n/a | +34% | 8% | 79.2× | n/a | n/a |
| New Hope Dairy 002946.SZ | China | $2.22B | -13% | +7% | 9% | 17.6× | 1.9% | +10.7% |
Smithfield Foods has 1 bond outstanding with $600M face value. The agencies rate it BBB.