Smithfield Foods (SFD) Tax Rate (2009 - 2026)
Smithfield Foods (SFD) reported Tax Rate of 22.29% for Q1 2026, down 139.0% on a YoY basis from 57.16% in Q1 2025, and up 12.6% quarter-over-quarter from 19.8% in Q4 2025.
Smithfield Foods (SFD) Tax Rate (2009 - 2026) Analysis & Trends
Smithfield Foods has reported Tax Rate for 12 years, with the latest figure at 22.29% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 139.0% year-over-year to 22.29%; the trailing twelve-month figure through Mar 2026 stood at 21.96% (down 319.0% YoY), and the FY2025 full-year result was 22.28%, down 326.0% from the prior year.
- Tax Rate for Q1 2026 stood at 22.29%, up from 19.8% in the prior quarter.
- The five-year high for Tax Rate was 33.54% in Q4 2024, with the low at 18.3% in Q2 2024.
- Historically, Tax Rate has averaged 24.74% across 4 years, with a median of 24.05% in 2025.
- The largest YoY upside for Tax Rate was 611 bps in 2025 against a maximum downside of 1375 bps in 2025.
- Smithfield Foods' Tax Rate 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 | Paranovus Entertainment Technology | 12,507.92 Bn | 12,507.92 Bn | - | - |
| 2 | Kraft Heinz | 27.05 Bn | 22.98 Bn | 2.22 Bn | 20.89 |
| 3 | General Mills | 17.93 Bn | 17.16 Bn | 1.37 Bn | 24.28 |
| 4 | Jbs | 13.56 Bn | 8.99 Bn | 2.32 Bn | -21.74 |
| 5 | Hormel Foods | 13.29 Bn | 12.44 Bn | 518.51 Mn | 23.63 |
| 6 | Mccormick | 12.45 Bn | 12.85 Bn | 708.90 Mn | 26.32 |
| 7 | Magnum Ice Cream | 11.94 Bn | 11.47 Bn | - | - |
| 8 | J M Smucker | 11.83 Bn | 11.77 Bn | 862.10 Mn | -18.47 |
| 9 | Smithfield Foods | 9.80 Bn | 8.73 Bn | 511.00 Mn | 22.29 |
| 10 | Darling Ingredients | 8.51 Bn | 8.55 Bn | 404.92 Mn | 21.99 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 22.29% |
| Mar 29, 2026 | 22.29% |
| Dec 28, 2025 | 19.80% |
| Dec 28, 2025 | 19.80% |
| Sep 28, 2025 | 22.33% |
| Sep 28, 2025 | 22.33% |
| Jun 29, 2025 | 24.41% |
| Jun 29, 2025 | 24.41% |
| Mar 30, 2025 | 23.68% |
| Mar 30, 2025 | 23.68% |
| Dec 29, 2024 | 33.54% |
| Dec 29, 2024 | 33.54% |
| Sep 30, 2024 | 25.00% |
| Sep 30, 2024 | 25.00% |
| Jun 30, 2024 | 18.30% |
| Jun 30, 2024 | 18.30% |
| Mar 31, 2024 | 25.66% |
| Mar 31, 2024 | 25.66% |
| Dec 31, 2023 | 32.40% |
| Dec 31, 2023 | 32.40% |