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Smithfield Foods Inc
NASDAQ:SFD

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Smithfield Foods Inc
NASDAQ:SFD
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Price: 25.48 USD 9.83% Market Closed
Market Cap: $10B

Smithfield Foods Inc
Investor Relations

Smithfield Foods Inc is a US-based company operating in Food Products industry. The company is headquartered in Smithfield, Virginia and currently employs 34,000 full-time employees. The company went IPO on 2025-01-28. Smithfield Foods, Inc. is an American food company, which is focused on packaged meats and fresh pork products. The firm markets its products under a portfolio of brands including Smithfield, Eckrich and Nathan’s Famous, among many others. The company operates through three segments: Packaged Meats, Fresh Pork, and Hog Production. The Packaged Meats segment consists of its U.S. operations that process fresh meat into a variety of packaged meat products, including bacon, sausage, hot dogs, deli and lunch meats, dry sausage products, ham products, ready-to-eat products and prepared foods. The Fresh Pork segment consists of its U.S. operations that process live hogs into a variety of primal, sub-primal and offal products, such as bellies, butts, hams, loins, picnics and ribs. The Hog Production segment consists of its hog production operations in the United States, which produce and raise hogs on numerous Company-owned farms and farms that are owned and operated by third-party contract farmers.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 24, 2026
AI Summary
Q4 2025

Record results: Smithfield reported record full-year adjusted operating profit of $1.3 billion (up 30%) and expanded adjusted operating profit margin to 8.6% from 7.2%.

Packaged Meats strength: Packaged Meats remains the largest profit driver with $1.1 billion in adjusted operating profit and a 12.4% segment margin despite $525 million higher raw material costs in 2025.

Guidance: 2026 outlook calls for low-single-digit sales growth and total company adjusted operating profit of $1.325 billion to $1.475 billion; segment ranges: Packaged Meats $1.1B–$1.2B, Fresh Pork $200M–$260M, Hog Production $150M–$200M.

Capital allocation: 2026 capital expenditures guided to $350M–$450M; separately, up to $1.3 billion of estimated investment over 3 years to build a new South Dakota processing facility (groundbreaking expected H1 2027).

Balance sheet & cash returns: Net debt/adjusted EBITDA of 0.3x, liquidity $3.8 billion (including $1.5 billion cash); paid $1.00 per share in dividends in 2025, declared quarterly $0.3125 and expect $1.25 annual dividend in 2026.

M&A: Entered definitive agreement to acquire Nathan's Famous at $102 per share; management expects the deal to be immediately accretive but limited detail until close.

Operational drivers: Management credited automation, mix shift to higher-margin value‑added products, productivity initiatives and improved hog-production efficiency for 2025 performance.

Key Financials
Adjusted operating profit (total company)
$1.3 billion
Adjusted operating profit margin (total company)
8.6%
Packaged Meats adjusted operating profit
$1.1 billion
Packaged Meats operating margin
12.4%
Fresh Pork adjusted operating profit
$209 million
Hog Production adjusted operating profit
$176 million
Total company sales (FY 2025)
not explicitly stated as single number
Q4 sales growth
increased 7%
Adjusted net income from continuing operations (Q4)
$329 million
Adjusted net income (full year)
$1.0 billion
Adjusted diluted EPS (Q4)
$0.83 per share
Adjusted diluted EPS (FY 2025)
$2.55 per share
Packaged Meats sales (FY 2025)
$8.8 billion
Fresh Pork sales (FY 2025)
$8.3 billion
Hog Production sales (FY 2025)
$3.4 billion
Other segment adjusted operating profit
$45 million
Net debt to adjusted EBITDA
0.3x
Liquidity
$3.8 billion (including $1.5 billion cash)
Operating cash flow (FY 2025)
over $1 billion (nearly $1.3 billion adjusted)
Capital expenditures (FY 2025)
$341 million
Dividends paid (FY 2025)
$1.00 per share
Nathan's Famous acquisition price
$102 per share
Hogs produced (FY 2025)
11.1 million hogs
Raw material input increase (2025)
$525 million higher raw material input costs
Specific raw-material price moves mentioned
bellies up 19%; trim up 19% to 35%; ham up 9% year‑over‑year
Company guidance — total adjusted operating profit (2026)
$1.325 billion to $1.475 billion
Other Earnings Calls

Management

Mr. C. Shane Smith
President, CEO & Director
No Bio Available
Mr. Mark L. Hall
Chief Financial Officer
No Bio Available
Mr. Steven J. France
President of Packaged Meats
No Bio Available
Mr. Keller D. Watts
Chief Business Officer
No Bio Available
Dr. Doug Sutton Ph.D.
Chief Manufacturing Officer
No Bio Available
Ms. Julie MacMedan
Vice President of Investor Relations
No Bio Available
Ms. Tennille J. Checkovich J.D.
Chief Legal Officer
No Bio Available
Ms. Allyson Bouldon Esq., J.D.
Chief Ethics & Compliance Officer
No Bio Available
Mr. Brendan Smith
Chief Marketing Officer
No Bio Available
Mr. Isham Bennett
Chief Human Resources Officer
No Bio Available

Contacts

Address
VIRGINIA
Smithfield
200 Commerce Street
Contacts
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