Smithfield Foods (SFD) Operating Margin (2009 - 2026)
Smithfield Foods' (SFD) quarterly Operating Margin came in at 8.76% in Q1 2026, up 25.0% YoY from 7.01% in Q1 2025, and down 7.4% on a QoQ basis from 9.46% in Q4 2025.
Smithfield Foods (SFD) Operating Margin (2009 - 2026) Analysis & Trends
Smithfield Foods (SFD) has 12 years of Operating Margin data on file, last reported at 8.76% in Q1 2026.
- Quarterly Operating Margin rose 25.0% year-over-year to 8.76% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.37% (down 44.0% YoY) and the FY2025 annual result came in at 8.32%, up 41.0% from the prior year.
- Operating Margin eased to 8.76% in Q1 2026, from 9.46% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 9.79% in Q2 2024 to a low of 17.42% in Q4 2023.
- A 4-year average of 5.6% and a median of 8.49% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2024 — Operating Margin surged 2590 bps — and 2025, when it slumped 292 bps.
- Tracing SFD's Operating Margin over 4 years: stood at 17.42% in 2023, then soared by 149 bps to 8.48% in 2024, then grew by 12 bps to 9.46% in 2025, then decreased by 7 bps to 8.76% in 2026.
- The last three Operating Margin figures came in at 8.76% (Q1 2026), 9.46% (Q4 2025), and 8.27% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | -102.70% |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | -45.40% |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 14.27% |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 2.38% |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 7.30% |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 19.60% |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 32.20% |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 7.84% |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | -57.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 7.84% |
| Mar 29, 2026 | 8.76% |
| Dec 28, 2025 | 9.46% |
| Sep 28, 2025 | 8.27% |
| Jun 29, 2025 | 6.87% |
| Mar 30, 2025 | 8.51% |
| Dec 29, 2024 | 8.48% |
| Sep 30, 2024 | 8.55% |
| Jun 30, 2024 | 9.79% |
| Mar 31, 2024 | 4.73% |
| Dec 31, 2023 | -17.42% |
| Oct 2, 2016 | 6.96% |
| Jul 3, 2016 | 6.79% |
| Apr 3, 2016 | 6.35% |
| Jan 3, 2016 | 6.76% |
| Sep 27, 2015 | 4.51% |
| Jun 28, 2015 | 5.34% |
| Mar 29, 2015 | 5.20% |
| Dec 28, 2014 | 5.49% |
| Sep 28, 2014 | 6.76% |