← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
In its first year as a public company, Smithfield grew revenue 9.8% to $15.53B on higher pork prices, and a turnaround in hog farming offset thinner packaged-meats profit to lift operating margin to 8.32%
The read at a glance✓ Audited against SEC data
- Growth — Revenue up 9.8% to $15.53B, mainly higher pricesOK
- Profitability — Operating margin up 41 bps to 8.32%; net income $987.0MOK
- Balance sheet — Total debt flat at $1.99B; cash $1,539 millionOK
- Accounting quality — Safe balance-sheet score · no manipulation flag · earnings quality safeOK
- Capital allocation — Dividends paid up 37.5% to $396.0M; $1.25 a share planned for 2026OK
- Ownership — WH Group owns about 87%; a controlled companyWatch
Business
Smithfield Foods is an American pork company that turns hogs into fresh pork and packaged meats such as bacon, sausage, hot dogs, ham and deli meats, sold under brands including Smithfield, Eckrich and Nathan's Famous. It reports three segments, Packaged Meats, Fresh Pork and Hog Production, plus a Mexican hog and pork business and a bioscience unit that makes heparin products. Hong Kong-based WH Group owns about 87% of the shares after a January 2025 IPO and a September 2025 secondary sale.
Where the revenue comes from
Fiscal 2025, as SMITHFIELD FOODS INC reports it. History and quarterly detail are in the app.
- Packaged Meats$8.8B
- Fresh Pork$8.3B
- Hog Production$3.4B
- Other$528.0M
Latest filings
- 8-K · Company announcement2026-10-16
- 8-K · Company announcement2026-09-08
- 8-K · Company announcement2026-08-11
- 10-Q · Quarterly report2026-08-11
- 8-K · Company announcement2026-06-03
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about SMITHFIELD FOODS INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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