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 30.29 Bn 26.20 Bn 2.22 Bn 20.89
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn 10.77
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn 23.63
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn 28.84
5 Magnum Ice Cream 10.95 Bn 10.43 Bn - -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn 22.29
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn 21.99
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn -
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn 32.34
10 Lamb Weston Holdings 6.87 Bn 6.81 Bn 331.60 Mn 37.13

Historic Data

Download Data
DateValue
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