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| Date | Value |
|---|---|
| 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 |