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Smithfield Foods (SFD) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Smithfield Foods
NasdaqGS•Consumer Defensive•Packaged Foods
$18.64-0.17(-0.01%)Pre-market
Market Cap
$7.30B
P/E
8.1x
P/S
0.5x
P/B
1.0x

Smithfield Foods, Inc., together with its subsidiaries, produces various packaged meats and fresh pork products in the United States and internationally. It operates through Packaged Meats, Fresh Pork, Hog Production, and Other segments. The Packaged Meats segment processes fresh meat into various packaged meats products, including bacon, sausage, hot dogs, deli and lunch meats, dry sausage products, ham products, ready-to-eat products, and prepared foods to retail and foodservice customers. This segment markets its packaged meat products under the Smithfield, Eckrich, Nathan's Famous, Farmland, Armour, Farmer John, Kretschmar, Krakus, John Morrell, Cook's, Gwaltney, Carando, Margherita, Curly's and Smithfield Culinary, as well as under private labels. The Fresh Pork segment processes live hogs into a variety of primal, sub-primal, and offal products, such as bellies, butts, hams, loins, trimmings, picnics, and ribs. This segment sells its fresh pork products to retail, foodservice and industrial customers, as well as to export markets, including China, Mexico, Japan, South Korea, and Canada. The Hog Production segment produces and raises its hogs on various company-owned farms and farms that are owned and operated by contract farmers. This segment also sells livestock feed and grains; and provides transportation and other ancillary services. The Other segment engages in the bioscience operations uses raw materials from hogs that process to manufacture heparin products, including an active pharmaceutical ingredient that mitigates the risk of blood clots; and produces fresh pork products in Mexico. The company was founded in 1936 and is headquartered in Smithfield, Virginia. Smithfield Foods, Inc. is a subsidiary of SFDS UK Holdings Limited.

C

How this company scores

AverageMetricSide Score: 49/100

Strongest: Balance Sheet & Red Flags (20/25); weakest: Growth (1/25).

Profitability10/25
Growth1/25
Balance Sheet & Red Flags20/25
Cash & Earnings Quality18/25
Strengths
Rising free cash flowLow leverageImproving leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 8.1x5y range 5.4x – 17.0x
P/E 8.1x · near its 12-quarter median

Currently near its 12-quarter median.

P/S · 0.5x5y range 0.2x – 0.7x
P/S 0.5x · above its 12-quarter median

Currently above its 12-quarter median.

P/B · 1.0x5y range 0.9x – 1.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Watch

Operating margins declined 5.6% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.4x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume
Market Cap $7.30B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$15.16B
2Q
Q. Revenue
$3.44B
3Q
TTM EBITDA
$1.49B
43%
TTM Op. Income
$1.15B
43%
Q. Op. Income
$127.00M
3Q
TTM Net Income
$900.00M
44%
Q. Net Income
$89.00M
3Q
EPS
$0.23
3Q
Shares Out.
$393.78M
3Q
$15.16B in TTM revenue declined 40.4% YoY, reaching $3.44B last quarter. TTM EBITDA of $1.49B and TTM operating income of $1.15B show growth is flowing through to the bottom line. TTM net income of $900.00M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 2 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
9.1%
3Q
EBITDA Margin
6.2%
3Q
Op. Margin
3.7%
3Q
Net Margin
2.6%
3Q
Op. margin of 3.7% is down 4.6% YoY — costs are rising relative to revenue. Net margin at 2.6% and gross margin of 9.1% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has fallen for 3 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
8.1x
2Q
P/S Ratio
0.5x
2Q
P/B Ratio
1.0x
2Q
At 8.1x P/E, the stock trades below typical market levels. P/S of 0.5x and P/B of 1.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$12.15B
2Q
Cash
$1.18B
3Q
Long-Term Debt
$1.40B
30%
Book Value
$7.01B
7Q
D/E Ratio
0.2
7Q
Debt/EBITDA
6.6
2Q
With $12.15B in assets and $1.40B in long-term debt, D/E is 0.2and book value is $7.01B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 7 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$161.00M
1138%
TTM Free Cash Flow
$927.00M
110%
FCF Margin
6.1%
4Q
FCF / Net Income
1.0
277%
TTM FCF of $927.00M on $161.00M in operating cash flow. The FCF / Net Income ratio of 1.0x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 110% — an improving trend.

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· near its 12-quarter median

Currently near its 12-quarter median.

Revenue Decline

Red Flag

TTM revenue has contracted 38.3% — significant decline indicating deteriorating demand.

Cash Burn

Watch

FCF turned negative in 3 of the last 8 quarters — occasional cash consumption.

Share Dilution

Watch

Shares outstanding rose 3.6% — mild dilution. Compare to earnings growth to assess the net per-share impact.