Smithfield Foods, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $987.0M | $953.0M | $17.0M | $120.7M | $361.3M | $521.0M | $-101.4M | $-198.4M |
| Depreciation & Amortization | $332.0M | $339.0M | $427.0M | $239.9M | $242.8M | $231.9M | $242.3M | $270.5M |
| Depreciation | $323.0M | $327.0M | $395.0M | $235.3M | $238.6M | $227.4M | $236.9M | — |
| Amortization | $8.0M | $8.0M | $8.0M | $3.1M | $3.0M | $3.2M | $3.1M | — |
| Stock-Based Compensation | $9.0M | $0 | $0 | — | — | — | — | — |
| Net Cash from Operating Activities | $1.06B | $916.0M | $688.0M | $172.7M | $570.1M | $616.4M | $258.2M | $269.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $341.0M | $350.0M | $353.0M | $278.0M | $290.7M | $176.8M | $174.7M | $179.3M |
| Business Acquisitions | — | — | — | $24.0M | $0 | $0 | $0 | $17.4M |
| Net Cash from Investing Activities | — | — | — | — | — | — | — | — |
| Financing Activities | ||||||||
| Dividends Paid | $396.0M | $288.0M | $323.0M | — | — | — | — | — |
| Stock Repurchases | — | — | — | $386.4M | $189.5M | $0 | $0 | — |
| Net Cash from Financing Activities | — | — | — | — | — | — | — | — |
| Net Change in Cash | $597.0M | $192.0M | $181.0M | $-13.7M | $-50.4M | $-76.5M | $332.2M | $61.7M |
| Free Cash Flow | $718.0M | $566.0M | $335.0M | $-105.3M | $279.4M | $439.6M | $83.5M | $90.6M |