Smithfield Foods, Inc. (SFD)
NASDAQ: SFD · Real-Time Price · USD
19.30
-0.30 (-1.53%)
At close: Nov 6, 2026, 4:00 PM EST
19.40
+0.10 (0.52%)
After-hours: Nov 6, 2026, 7:52 PM EST
Smithfield Foods Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 2026 | Dec '25 Dec 28, 2025 | Dec '24 Dec 29, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Jan '22 Jan 2, 2022 |
Net Income | 901 | 987 | 953 | 17 | 870 | 472 |
Depreciation & Amortization | 326 | 330 | 336 | 342 | 357 | 331 |
Loss (Gain) From Sale of Assets | -22 | -22 | -37 | -85 | -413 | - |
Asset Writedown & Restructuring Costs | 13 | 2 | 3 | 85 | 123 | 1 |
Loss (Gain) on Equity Investments | -12 | -12 | -8 | 46 | -50 | -28 |
Stock-Based Compensation | 9 | 9 | - | - | - | - |
Other Operating Activities | 79 | 104 | -63 | -280 | -58 | -51 |
Change in Accounts Receivable | -470 | -470 | -6 | 157 | -33 | -2 |
Change in Inventory | 118 | 118 | 138 | 469 | -307 | -184 |
Change in Accounts Payable | 65 | 65 | -19 | -215 | 121 | 188 |
Change in Other Net Operating Assets | 296 | -52 | -381 | 152 | -89 | 28 |
Operating Cash Flow | 1,303 | 1,059 | 1,137 | 1,034 | 517 | 786 |
Operating Cash Flow Growth | 62.07% | -6.86% | 9.96% | 100.00% | -34.22% | -1.48% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 2026 | Dec '25 Dec 28, 2025 | Dec '24 Dec 29, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Jan '22 Jan 2, 2022 |
Capital Expenditures | -405 | -355 | -393 | -401 | -339 | -213 |
Sale of Property, Plant & Equipment | 14 | 14 | 99 | 219 | 8 | 6 |
Cash Acquisitions | - | - | - | - | - | -1 |
Divestitures | - | - | - | 13 | 606 | - |
Investment in Securities | -88 | -12 | -13 | -27 | -1 | - |
Other Investing Activities | 67 | 44 | -162 | -126 | -81 | -122 |
Investing Cash Flow | -412 | -309 | -469 | -322 | 193 | -330 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 2026 | Dec '25 Dec 28, 2025 | Dec '24 Dec 29, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Jan '22 Jan 2, 2022 |
Short-Term Debt Issued | - | - | 14 | 226 | 785 | 430 |
Long-Term Debt Issued | - | - | - | - | - | 493 |
Total Debt Issued | - | - | 14 | 226 | 785 | 923 |
Short-Term Debt Repaid | - | - | -14 | -226 | -785 | -430 |
Long-Term Debt Repaid | - | -5 | -34 | -13 | -16 | -723 |
Total Debt Repaid | -5 | -5 | -48 | -239 | -801 | -1,153 |
Net Debt Issued (Repaid) | -5 | -5 | -34 | -13 | -16 | -230 |
Issuance of Common Stock | - | 236 | - | - | - | - |
Common Dividends Paid | -483 | -396 | -288 | -323 | -496 | -192 |
Other Financing Activities | 2 | 1 | -142 | -197 | 35 | 85 |
Financing Cash Flow | -486 | -164 | -464 | -533 | -477 | -337 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 2026 | Dec '25 Dec 28, 2025 | Dec '24 Dec 29, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Jan '22 Jan 2, 2022 |
Foreign Exchange Rate Adjustments | - | 11 | -12 | 3 | 12 | -3 |
Miscellaneous Cash Flow Adjustments | 1 | - | - | -1 | - | 1 |
Net Cash Flow | 406 | 597 | 192 | 181 | 245 | 117 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 2026 | Dec '25 Dec 28, 2025 | Dec '24 Dec 29, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Jan '22 Jan 2, 2022 |
Free Cash Flow | 898 | 704 | 744 | 633 | 178 | 573 |
Free Cash Flow Growth | 92.70% | -5.38% | 17.54% | 255.62% | -68.94% | 75.82% |
Free Cash Flow Margin | 5.92% | 4.53% | 5.26% | 4.32% | 1.10% | 3.82% |
Free Cash Flow Per Share | 2.27 | 1.79 | 1.96 | 1.67 | 0.47 | - |
Levered Free Cash Flow | 676 | 442.88 | 801.25 | 537.5 | - | - |
Unlevered Free Cash Flow | 694.75 | 468.5 | 842.5 | 585 | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 27, 2026 | Dec '25 Dec 28, 2025 | Dec '24 Dec 29, 2024 | Dec '23 Dec 31, 2023 | Jan '23 Jan 1, 2023 | Jan '22 Jan 2, 2022 |
Cash Interest Paid | 80 | 80 | 79 | 81 | 84 | 90 |
Cash Income Tax Paid | 124 | 124 | 130 | 108 | 152 | -3 |
Change in Working Capital | 9 | -339 | -268 | 563 | -308 | 30 |