Smithfield Foods, Inc., an American food company and an industry leader in value-added packaged meats and fresh pork, has announced that it has been added to the Russell 1000 Index, a key benchmark for large-cap U.S. stocks. The inclusion became effective after the market close on March 21, 2025, as part of the quarterly addition of eligible initial public offerings to the Russell Indexes.
The Russell 1000 Index includes the 1,000 largest publicly traded U.S. companies based on market capitalization and is widely used by investors as a benchmark for the performance of large-cap stocks. The Russell 1000 is a subset of the broader Russell 3000 Index, which covers the 3,000 largest U.S. stocks.
“We are honored to be included in the prestigious Russell 1000 Index. This inclusion is a testament to the hard work and dedication of our employees, and it reflects the strength and resilience of our business model. Being part of the Russell 1000 will help increase our visibility among institutional investors and help solidify our position as a leader in the consumer staples sector.”
Shane Smith, Smithfield President and CEO .
Smithfield has seen significant operating profit growth in recent years, led by its Packaged Meats segment. The company remains focused on executing its strategic initiatives to drive further growth and value for shareholders.
The Russell 1000 Index is managed by FTSE Russell, a global leader in index and analytics, and is widely recognized by investors for its representation of large-cap U.S. stocks. Membership in the index is determined based on a range of criteria, including market capitalization, liquidity, and other factors.
About Smithfield Foods
Smithfield Foods, Inc. (Nasdaq: SFD) is an American food company with a leading position in packaged meats and fresh pork products. With a rich heritage spanning decades, Smithfield is committed to delivering high-quality protein to consumers worldwide. The company maintains strong partnerships with U.S. farmers, ensuring sustainable and responsible sourcing practices. Its diverse brand portfolio includes well-known names trusted by households and food service providers. Smithfield prioritizes innovation, food safety, and environmental stewardship while continually expanding its market presence. As a key player in the consumer staples sector, the company remains dedicated to meeting global protein demand with excellence and integrity.