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Side-by-side financial comparison of SMITHFIELD FOODS INC (SFD) and U.S. Bancorp (USB). Click either name above to swap in a different company.

U.S. Bancorp is the larger business by last-quarter revenue ($7.4B vs $3.8B, roughly 1.9× SMITHFIELD FOODS INC). U.S. Bancorp runs the higher net margin — 27.8% vs 6.6%, a 21.2% gap on every dollar of revenue. On growth, U.S. Bancorp posted the faster year-over-year revenue change (5.1% vs 0.8%). Over the past eight quarters, SMITHFIELD FOODS INC's revenue compounded faster (6.8% CAGR vs 4.7%).

Smithfield Foods, Inc., is a Hong Kong-owned pork producer and food-processing company based in Smithfield, Virginia. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world. In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to raise Smithfield's pigs. Outside the US, the company has facilities in Mexico, Poland, Romania, Germany, S...

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

SFD vs USB — Head-to-Head

Bigger by revenue
USB
USB
1.9× larger
USB
$7.4B
$3.8B
SFD
Growing faster (revenue YoY)
USB
USB
+4.3% gap
USB
5.1%
0.8%
SFD
Higher net margin
USB
USB
21.2% more per $
USB
27.8%
6.6%
SFD
Faster 2-yr revenue CAGR
SFD
SFD
Annualised
SFD
6.8%
4.7%
USB

Income Statement — Q1 FY2027 vs Q4 FY2025

Metric
SFD
SFD
USB
USB
Revenue
$3.8B
$7.4B
Net Profit
$249.0M
$2.0B
Gross Margin
13.4%
Operating Margin
8.8%
34.4%
Net Margin
6.6%
27.8%
Revenue YoY
0.8%
5.1%
Net Profit YoY
9.8%
23.0%
EPS (diluted)
$1.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SFD
SFD
USB
USB
Q1 26
$3.8B
Q4 25
$4.2B
$7.4B
Q3 25
$3.7B
$7.3B
Q2 25
$3.8B
$7.0B
Q1 25
$3.8B
$7.0B
Q4 24
$4.0B
$7.0B
Q3 24
$3.3B
$6.9B
Q2 24
$6.9B
Net Profit
SFD
SFD
USB
USB
Q1 26
$249.0M
Q4 25
$327.0M
$2.0B
Q3 25
$248.0M
$2.0B
Q2 25
$188.0M
$1.8B
Q1 25
$224.0M
$1.7B
Q4 24
$205.0M
$1.7B
Q3 24
$291.0M
$1.7B
Q2 24
$1.6B
Gross Margin
SFD
SFD
USB
USB
Q1 26
13.4%
Q4 25
14.2%
Q3 25
12.8%
Q2 25
13.2%
Q1 25
13.5%
Q4 24
13.5%
Q3 24
14.3%
Q2 24
Operating Margin
SFD
SFD
USB
USB
Q1 26
8.8%
Q4 25
9.5%
34.4%
Q3 25
8.3%
34.5%
Q2 25
6.9%
32.7%
Q1 25
8.5%
31.0%
Q4 24
8.5%
30.1%
Q3 24
8.5%
30.2%
Q2 24
29.9%
Net Margin
SFD
SFD
USB
USB
Q1 26
6.6%
Q4 25
7.7%
27.8%
Q3 25
6.6%
27.3%
Q2 25
5.0%
25.9%
Q1 25
5.9%
24.6%
Q4 24
5.2%
23.7%
Q3 24
8.7%
25.0%
Q2 24
23.3%
EPS (diluted)
SFD
SFD
USB
USB
Q1 26
Q4 25
$0.83
$1.26
Q3 25
$0.63
$1.22
Q2 25
$0.48
$1.11
Q1 25
$0.57
$1.03
Q4 24
$0.54
$1.01
Q3 24
$0.77
$1.03
Q2 24
$0.97

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SFD
SFD
USB
USB
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$6.9B
$65.2B
Total Assets
$12.0B
$692.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SFD
SFD
USB
USB
Q1 26
$1.4B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
SFD
SFD
USB
USB
Q1 26
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
Q2 24
Stockholders' Equity
SFD
SFD
USB
USB
Q1 26
$6.9B
Q4 25
$6.8B
$65.2B
Q3 25
$6.5B
$63.3B
Q2 25
$6.3B
$61.4B
Q1 25
$6.2B
$60.1B
Q4 24
$5.8B
$58.6B
Q3 24
$58.9B
Q2 24
$56.4B
Total Assets
SFD
SFD
USB
USB
Q1 26
$12.0B
Q4 25
$12.2B
$692.3B
Q3 25
$11.5B
$695.4B
Q2 25
$11.2B
$686.4B
Q1 25
$11.1B
$676.5B
Q4 24
$11.1B
$678.3B
Q3 24
$686.5B
Q2 24
$680.1B
Debt / Equity
SFD
SFD
USB
USB
Q1 26
Q4 25
0.29×
Q3 25
0.31×
Q2 25
0.32×
Q1 25
0.32×
Q4 24
0.34×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SFD
SFD
USB
USB
Operating Cash FlowLast quarter
$2.8B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
1.39×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SFD
SFD
USB
USB
Q1 26
Q4 25
$938.0M
$2.8B
Q3 25
$13.0M
$3.4B
Q2 25
$274.0M
$2.0B
Q1 25
$-166.0M
$-285.0M
Q4 24
$4.8B
Q3 24
$972.0M
Q2 24
$2.9B
Free Cash Flow
SFD
SFD
USB
USB
Q1 26
Q4 25
$842.0M
Q3 25
$-75.0M
Q2 25
$196.0M
Q1 25
$-245.0M
Q4 24
Q3 24
Q2 24
FCF Margin
SFD
SFD
USB
USB
Q1 26
Q4 25
19.9%
Q3 25
-2.0%
Q2 25
5.2%
Q1 25
-6.5%
Q4 24
Q3 24
Q2 24
Capex Intensity
SFD
SFD
USB
USB
Q1 26
2.3%
Q4 25
2.3%
Q3 25
2.3%
Q2 25
2.1%
Q1 25
2.1%
Q4 24
2.1%
Q3 24
2.8%
Q2 24
Cash Conversion
SFD
SFD
USB
USB
Q1 26
Q4 25
2.87×
1.39×
Q3 25
0.05×
1.69×
Q2 25
1.46×
1.12×
Q1 25
-0.74×
-0.17×
Q4 24
2.87×
Q3 24
0.57×
Q2 24
1.79×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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