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Side-by-side financial comparison of SMITHFIELD FOODS INC (SFD) and Williams Companies (WMB). Click either name above to swap in a different company.

Williams Companies is the larger business by last-quarter revenue ($3.8B vs $3.8B, roughly 1.0× SMITHFIELD FOODS INC). Williams Companies runs the higher net margin — 19.1% vs 6.6%, a 12.5% gap on every dollar of revenue. On growth, Williams Companies posted the faster year-over-year revenue change (12.7% vs 0.8%). Over the past eight quarters, Williams Companies's revenue compounded faster (7.3% CAGR vs 6.8%).

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...

The Williams Companies, Inc. is an American energy company based in Tulsa, Oklahoma. Its core business is natural gas processing and transportation, with additional petroleum and electricity generation assets. A Fortune 500 company, its common stock is a component of the S&P 500.

SFD vs WMB — Head-to-Head

Bigger by revenue
WMB
WMB
1.0× larger
WMB
$3.8B
$3.8B
SFD
Growing faster (revenue YoY)
WMB
WMB
+11.9% gap
WMB
12.7%
0.8%
SFD
Higher net margin
WMB
WMB
12.5% more per $
WMB
19.1%
6.6%
SFD
Faster 2-yr revenue CAGR
WMB
WMB
Annualised
WMB
7.3%
6.8%
SFD

Income Statement — Q1 FY2027 vs Q4 FY2025

Metric
SFD
SFD
WMB
WMB
Revenue
$3.8B
$3.8B
Net Profit
$249.0M
$734.0M
Gross Margin
13.4%
Operating Margin
8.8%
27.3%
Net Margin
6.6%
19.1%
Revenue YoY
0.8%
12.7%
Net Profit YoY
9.8%
51.0%
EPS (diluted)
$0.60

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
WMB
WMB
Q1 26
$3.8B
Q4 25
$4.2B
$3.8B
Q3 25
$3.7B
$3.5B
Q2 25
$3.8B
$3.4B
Q1 25
$3.8B
$4.2B
Q4 24
$4.0B
$3.4B
Q3 24
$3.3B
$3.0B
Q2 24
$2.8B
Net Profit
SFD
SFD
WMB
WMB
Q1 26
$249.0M
Q4 25
$327.0M
$734.0M
Q3 25
$248.0M
$647.0M
Q2 25
$188.0M
$546.0M
Q1 25
$224.0M
$691.0M
Q4 24
$205.0M
$486.0M
Q3 24
$291.0M
$706.0M
Q2 24
$401.0M
Gross Margin
SFD
SFD
WMB
WMB
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
WMB
WMB
Q1 26
8.8%
Q4 25
9.5%
27.3%
Q3 25
8.3%
31.8%
Q2 25
6.9%
28.0%
Q1 25
8.5%
26.1%
Q4 24
8.5%
23.2%
Q3 24
8.5%
27.6%
Q2 24
24.4%
Net Margin
SFD
SFD
WMB
WMB
Q1 26
6.6%
Q4 25
7.7%
19.1%
Q3 25
6.6%
18.5%
Q2 25
5.0%
16.2%
Q1 25
5.9%
16.5%
Q4 24
5.2%
14.2%
Q3 24
8.7%
23.3%
Q2 24
14.1%
EPS (diluted)
SFD
SFD
WMB
WMB
Q1 26
Q4 25
$0.83
$0.60
Q3 25
$0.63
$0.53
Q2 25
$0.48
$0.45
Q1 25
$0.57
$0.56
Q4 24
$0.54
$0.39
Q3 24
$0.77
$0.58
Q2 24
$0.33

Balance Sheet & Financial Strength

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

Metric
SFD
SFD
WMB
WMB
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
$27.3B
Stockholders' EquityBook value
$6.9B
$12.8B
Total Assets
$12.0B
$58.6B
Debt / EquityLower = less leverage
2.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SFD
SFD
WMB
WMB
Q1 26
$1.4B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
SFD
SFD
WMB
WMB
Q1 26
Q4 25
$2.0B
$27.3B
Q3 25
$2.0B
$25.6B
Q2 25
$2.0B
$25.6B
Q1 25
$2.0B
$24.1B
Q4 24
$2.0B
$24.7B
Q3 24
$24.8B
Q2 24
$24.1B
Stockholders' Equity
SFD
SFD
WMB
WMB
Q1 26
$6.9B
Q4 25
$6.8B
$12.8B
Q3 25
$6.5B
$12.5B
Q2 25
$6.3B
$12.4B
Q1 25
$6.2B
$12.5B
Q4 24
$5.8B
$12.4B
Q3 24
$12.4B
Q2 24
$12.3B
Total Assets
SFD
SFD
WMB
WMB
Q1 26
$12.0B
Q4 25
$12.2B
$58.6B
Q3 25
$11.5B
$55.7B
Q2 25
$11.2B
$56.1B
Q1 25
$11.1B
$54.9B
Q4 24
$11.1B
$54.5B
Q3 24
$53.8B
Q2 24
$52.4B
Debt / Equity
SFD
SFD
WMB
WMB
Q1 26
Q4 25
0.29×
2.13×
Q3 25
0.31×
2.04×
Q2 25
0.32×
2.06×
Q1 25
0.32×
1.93×
Q4 24
0.34×
1.99×
Q3 24
2.00×
Q2 24
1.96×

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
WMB
WMB
Operating Cash FlowLast quarter
$1.6B
Free Cash FlowOCF − Capex
$-379.0M
FCF MarginFCF / Revenue
-9.9%
Capex IntensityCapex / Revenue
2.3%
50.9%
Cash ConversionOCF / Net Profit
2.15×
TTM Free Cash FlowTrailing 4 quarters
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SFD
SFD
WMB
WMB
Q1 26
Q4 25
$938.0M
$1.6B
Q3 25
$13.0M
$1.4B
Q2 25
$274.0M
$1.4B
Q1 25
$-166.0M
$1.4B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.3B
Free Cash Flow
SFD
SFD
WMB
WMB
Q1 26
Q4 25
$842.0M
$-379.0M
Q3 25
$-75.0M
$485.0M
Q2 25
$196.0M
$478.0M
Q1 25
$-245.0M
$421.0M
Q4 24
$450.0M
Q3 24
$561.0M
Q2 24
$700.0M
FCF Margin
SFD
SFD
WMB
WMB
Q1 26
Q4 25
19.9%
-9.9%
Q3 25
-2.0%
13.9%
Q2 25
5.2%
14.2%
Q1 25
-6.5%
10.1%
Q4 24
13.2%
Q3 24
18.5%
Q2 24
24.6%
Capex Intensity
SFD
SFD
WMB
WMB
Q1 26
2.3%
Q4 25
2.3%
50.9%
Q3 25
2.3%
27.3%
Q2 25
2.1%
28.8%
Q1 25
2.1%
24.2%
Q4 24
2.1%
22.5%
Q3 24
2.8%
22.5%
Q2 24
20.3%
Cash Conversion
SFD
SFD
WMB
WMB
Q1 26
Q4 25
2.87×
2.15×
Q3 25
0.05×
2.22×
Q2 25
1.46×
2.66×
Q1 25
-0.74×
2.07×
Q4 24
2.51×
Q3 24
1.76×
Q2 24
3.19×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SFD
SFD

Segment breakdown not available.

WMB
WMB

Services$2.2B57%
Natural Gas Us Regulated$740.0M19%
West$730.0M19%
Non Regulated Service Commodity Consideration$51.0M1%
Natural Gas Gathering Transportation Marketing And Processing$45.0M1%
Affiliated Entity$23.0M1%
Other$14.0M0%
Other Service$11.0M0%

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