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
DateValue
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%