Smithfield Foods (SFD) Tax Rate (2009 - 2026)
Smithfield Foods (SFD) posted Tax Rate of 22.29% for Q1 2026, up 12.6% on a QoQ basis from 19.8% in Q4 2025, and down 139.0% year-over-year from 57.16% in Q1 2025.
Smithfield Foods (SFD) Tax Rate (2009 - 2026) Analysis & Trends
Smithfield Foods' Tax Rate history runs 12 years deep, the most recent figure standing at 22.29% for Q1 2026.
- Quarterly Tax Rate fell 139.0% year-over-year to 22.29% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.96% (down 319.0% YoY) and the FY2025 annual result came in at 22.28%, down 326.0% from the prior year.
- Tax Rate was 22.29% for Q1 2026 at Smithfield Foods, up from 19.8% in the prior quarter.
- Across five years, Tax Rate topped out at 33.54% in Q4 2024 and bottomed at 18.3% in Q2 2024.
- A 4-year average of 24.74% and a median of 24.05% in 2025 frame the typical range for Tax Rate.
- Peak annual rise in Tax Rate reached 611 bps in 2025, while the deepest fall reached 1375 bps in 2025.
- Smithfield Foods' Tax Rate stood at 32.4% in 2023, then increased by 4 bps to 33.54% in 2024, then plunged by 41 bps to 19.8% in 2025, then climbed by 13 bps to 22.29% in 2026.
- Business Quant data shows SFD's Tax Rate at 22.29% in Q1 2026, 19.8% in Q4 2025, and 22.33% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 20.89% |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 10.77% |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 23.63% |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 28.84% |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 22.29% |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 21.99% |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | 32.34% |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 11.46% |
| 10 | Pilgrims Pride | 6.64 Bn | 6.11 Bn | 345.49 Mn | 23.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 22.29% |
| Mar 29, 2026 | 22.29% |
| Mar 29, 2026 | 22.29% |
| Dec 28, 2025 | 19.80% |
| Dec 28, 2025 | 19.80% |
| Dec 28, 2025 | 19.80% |
| Sep 28, 2025 | 22.33% |
| Sep 28, 2025 | 22.33% |
| Sep 28, 2025 | 22.33% |
| Jun 29, 2025 | 24.41% |
| Jun 29, 2025 | 24.41% |
| Jun 29, 2025 | 24.41% |
| Mar 30, 2025 | 23.68% |
| Mar 30, 2025 | 23.68% |
| Mar 30, 2025 | 23.68% |
| Dec 29, 2024 | 33.54% |
| Dec 29, 2024 | 33.54% |
| Dec 29, 2024 | 33.54% |
| Sep 30, 2024 | 25.00% |
| Sep 30, 2024 | 25.00% |