Flagship explainer

What drives SMITHFIELD FOODS, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity16%Tax burden78%net income ÷ pretax incomeInterest burden98%pretax ÷ operating incomeOperating margin8%operating income ÷ revenueAsset turnover1.34×revenue ÷ average assetsEquity multiplier1.84×average assets ÷ average equityAs of 2025-12-28 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$987MFY2025
Income before tax$1.3BFY2025
Operating income$1.3BFY2025
$15.5BFY2025
Ending assets$12.2BFY2025
Beginning assets$11.1BFY2024
$6.8BFY2025
$5.8BFY2024
Source: · event Dec 28, 2025 · retrieved Oct 17, 2026 · annual-row source set
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