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
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%