Smithfield Foods (SFD) Tax Rate (2009 - 2026)
Smithfield Foods' (SFD) quarterly Tax Rate came in at 22.29% in Q1 2026, down 139.0% YoY from 57.16% in Q1 2025, and up 12.6% on a QoQ basis from 19.8% in Q4 2025.
Smithfield Foods (SFD) Tax Rate (2009 - 2026) Analysis & Trends
Smithfield Foods (SFD) has 12 years of Tax Rate data on file, last reported at 22.29% in 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 rose to 22.29% in Q1 2026, from 19.8% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 33.54% in Q4 2024 to a low of 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.
- The widest YoY moves for Tax Rate: up 611 bps in 2025, down 1375 bps in 2025.
- Tracing SFD's Tax Rate over 4 years: stood at 32.4% in 2023, then climbed by 4 bps to 33.54% in 2024, then slumped by 41 bps to 19.8% in 2025, then gained by 13 bps to 22.29% in 2026.
- The last three Tax Rate figures came in at 22.29% (Q1 2026), 19.8% (Q4 2025), and 22.33% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 14.37% |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 10.77% |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 28.84% |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 56.69% |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 23.63% |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | -18.47% |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 22.13% |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 21.40% |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | 30.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 21.40% |
| Jun 28, 2026 | 21.40% |
| Jun 28, 2026 | 21.40% |
| 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% |