Smithfield Foods (SFD) Gross Margin (2009 - 2026)
Smithfield Foods' (SFD) quarterly Gross Margin came in at 13.45% in Q1 2026, down 8.0% YoY from 14.62% in Q1 2025, and down 5.58% on a QoQ basis from 14.24% in Q4 2025.
Smithfield Foods (SFD) Gross Margin (2009 - 2026) Analysis & Trends
Smithfield Foods (SFD) has 12 years of Gross Margin data on file, last reported at 13.45% in Q1 2026.
- Quarterly Gross Margin fell 8.0% year-over-year to 13.45% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.44% (down 70.0% YoY) and the FY2025 annual result came in at 13.45%, up 4.0% from the prior year.
- Gross Margin declined to 13.45% in Q1 2026, from 14.24% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 15.45% in Q2 2024 to a low of 10.53% in Q4 2023.
- A 4-year average of 11.04% and a median of 13.47% in 2026 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin soared 2401 bps — and 2025, when it sank 227 bps.
- Tracing SFD's Gross Margin over 4 years: stood at 10.53% in 2023, then jumped by 228 bps to 13.49% in 2024, then increased by 6 bps to 14.24% in 2025, then declined by 6 bps to 13.45% in 2026.
- The last three Gross Margin figures came in at 13.45% (Q1 2026), 14.24% (Q4 2025), and 12.78% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 32.39% |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 34.79% |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 40.18% |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 10.79% |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 17.44% |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 38.01% |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 29.20% |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 12.92% |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | 24.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 12.92% |
| Mar 29, 2026 | 13.45% |
| Dec 28, 2025 | 14.24% |
| Sep 28, 2025 | 12.78% |
| Jun 29, 2025 | 13.18% |
| Mar 30, 2025 | 13.52% |
| Dec 29, 2024 | 13.49% |
| Sep 30, 2024 | 14.28% |
| Jun 30, 2024 | 15.45% |
| Mar 31, 2024 | 10.51% |
| Dec 31, 2023 | -10.53% |
| Oct 2, 2016 | 13.35% |
| Jul 3, 2016 | 13.08% |
| Apr 3, 2016 | 12.47% |
| Jan 3, 2016 | 13.89% |
| Sep 27, 2015 | 11.30% |
| Jun 28, 2015 | 12.00% |
| Mar 29, 2015 | 11.23% |
| Dec 28, 2014 | 11.15% |
| Sep 28, 2014 | 12.26% |