Company / R&D Expense
SMITHFIELD FOODS INC R&D Expense History
FY2010-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$214.0M
FY2025
5-year range
$144.0M / $214.0M
FY2021-FY2025
Trend
+48.6%
vs FY2024
Sector context
#10 of 39
Consumer Staples
What the data says
At $214M, SMITHFIELD FOODS INC's r&d expense ranks #10 of 39 in the Consumer Staples sector. Improved from $175M to $214M over the past 2 years.
Based on SEC 10-K filings.
$214M in FY2025 with a 3-year CAGR of +10.9%. Top quartile in the Consumer Staples sector.
Improved from $175M to $214M over the past 2 years.
Consumer Staples sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +10.9%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#10 of 39 in Consumer StaplesTop 26% of 39This company $214.0M Sector average $203.6M
▼
+5.1% above sector average
Key checks
Key Insights
- 3-year CAGR of +10.9%, indicating consistent growth.
- In FY2025, r&d expense increased 48.6% year-over-year.
- Ranks #10 out of 39 companies in the Consumer Staples sector.
- Lowest r&d expense in the period was in FY2010.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $214.0M | +48.6% |
| FY2024 | $144.0M | -17.7% |
| FY2023 | $175.0M | +11.5% |
| FY2022 | $157.0M | - |
| FY2015 | - | - |
| FY2014 | - | - |
| FY2013 | - | - |
| FY2012 | $80.9M | +6.6% |
| FY2011 | $75.9M | +61.5% |
| FY2010 | $47.0M | +21.1% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026