Sanderson Farms is one of the nation’s leading poultry corporations, with annual sales of more than $2.68 billion. Our 11,000 plus employees and more than 800 independent growers are committed to offering our customers the very best products on the market today. Although we’ve grown in size from a farm supply business to the nation’s third largest poultry producer, we’re still a family-owned company. We adhere to the same values of honesty, integrity and innovation that have been with us since our founding in 1947. We are proud that our chicken is 100% Natural, which means that it is free of things like carrageenan, broth, salt and other additives that some companies use to pump up their chicken.
Our plants process over 9.375 million chickens weekly. Combined with our company-owned feed mills and hatcheries, we are positioned to keep up with the growing demand for our products. Sanderson Farms was incorporated in 1955 as a fully integrated poultry processing company that produces, processes, markets and distributes fresh and frozen chicken products. Sanderson Farms became a publicly traded stock in 1987 and is listed on NASDAQ under the symbol SAFM. Our chicken is sold through food service broad liners and retail banners across the United States and is exported to countries all over the globe. We have plants in Brazos, TX; Bryan, TX; Collins, MS; Hammond, LA; Hazlehurst, MS; Kinston, NC; Laurel, MS; McComb, MS; Moultrie, GA; Palestine, TX; and Waco, TX. We are a successful, growing organization, respected in the communities in which we live and the industries of which we are a part. Our employees are awarded with a comprehensive benefits package, competitive compensation and a meaningful and challenging job.
Sanderson Farms was founded in 1947 and is headquartered in Laurel, US
Sanderson Farms Office Locations
Sanderson Farms has an office in Laurel
Laurel, US (HQ)
127 Flynt Rd
Sanderson Farms Data and Metrics
Sanderson Farms Financial Metrics
Sanderson Farms's revenue was reported to be $802 m in Q2, 2017
USD
Revenue (Q2, 2017) | 802 m |
Gross profit (Q2, 2017) | 146.8 m |
Gross profit margin (Q2, 2017), % | 18% |
Net income (Q2, 2017) | 66.9 m |
EBIT (Q2, 2017) | 103.1 m |
Market capitalization (17-Aug-2017) | 3.1 b |
Cash (30-Apr-2017) | 246.3 m |
Sanderson Farms's current market capitalization is $3.1 b.
| USD | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|
Revenue | 2.7 b | 2.8 b | 2.8 b | 2.8 b | |||
Revenue growth, % | 3% | 1% | 0% | ||||
Cost of goods sold | 1.6 b | 2.1 b | 2.2 b | 2.4 b | 2.3 b | 2.3 b | 2.4 b |
Gross profit | 305.9 m | 520.9 m | 491.1 m | 454 m | |||
Gross profit Margin, % | 11% | 19% | 18% | 16% | |||
Operating expense total | 2.5 b | 2.4 b | |||||
EBIT | 205.7 m | 381.9 m | 336 m | 294.1 m | |||
EBIT margin, % | 8% | 14% | 12% | 10% | |||
Interest expense | 2.7 m | 6.4 m | 9.2 m | 6.1 m | 2.6 m | 2.1 m | 1.7 m |
Interest income | 27 k | 60 k | 106 k | 244 k | |||
Pre tax profit | 200.1 m | 379.5 m | 334.1 m | 292.7 m | |||
Income tax expense | 72.4 m | (67.2 m) | 32.6 m | 69.5 m | 130.4 m | 118.1 m | 103.7 m |
Net Income | 130.6 m | 249 m | 216 m | 189 m |
| USD | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 768.4 m | 667.4 m | 716.6 m | 739.9 m | 605.2 m | 692.1 m | 728 m | 688.3 m | 802 m |
Cost of goods sold | 607 m | 526.2 m | 577.6 m | 612.8 m | 555.1 m | 578.3 m | 598.6 m | 606.4 m | 655.3 m |
Gross profit | 161.4 m | 141.2 m | 139 m | 127.2 m | 50.1 m | 113.8 m | 129.4 m | 82 m | 146.8 m |
Gross profit Margin, % | 21% | 21% | 19% | 17% | 8% | 16% | 18% | 12% | 18% |
General and administrative expense | 45.7 m | 38.1 m | 29.5 m | 47.3 m | 30.3 m | 40 m | 44.6 m | 46.1 m | 43.6 m |
Operating expense total | 45.7 m | 38.1 m | 29.5 m | 47.3 m | 30.3 m | 40 m | 44.6 m | 46.1 m | 43.6 m |
EBIT | 115.7 m | 103.1 m | 109.5 m | 79.8 m | 19.8 m | 73.8 m | 84.9 m | 35.9 m | 103.1 m |
EBIT margin, % | 15% | 15% | 15% | 11% | 3% | 11% | 12% | 5% | 13% |
Interest expense | (439 k) | (427 k) | (686 k) | (556 k) | (431 k) | (420 k) | (428 k) | (432 k) | (428 k) |
Interest income | 15 k | 26 k | 13 k | 77 k | 195 k | 301 k | |||
Pre tax profit | 115.3 m | 102.7 m | 108.9 m | 79.3 m | 19.4 m | 73.4 m | 84.5 m | 35.7 m | 103 m |
Income tax expense | 39.2 m | 36.2 m | 37.6 m | 28.4 m | 8.7 m | 25.8 m | 29.8 m | 12.5 m | 36 m |
Net Income | 76.1 m | 66.5 m | 71.2 m | 50.9 m | 10.7 m | 47.6 m | 54.7 m | 23.2 m | 66.9 m |
| USD | Y, 2009 | Y, 2010 | Y, 2011 | Y, 2012 | Y, 2013 | Y, 2014 | Y, 2015 | FY, 2016 |
|---|---|---|---|---|---|---|---|---|
Cash | 8.2 m | 73.4 m | 11.1 m | 27.8 m | 85.6 m | 165.6 m | 196.7 m | 234.1 m |
Accounts Receivable | 96.1 m | |||||||
Inventories | 205.9 m | 190.8 m | 198.8 m | 220.3 m | ||||
Current Assets | 430.7 m | 510.7 m | 562.8 m | 613.3 m | ||||
PP&E | 682.3 m | 804 m | ||||||
Total Assets | 924.6 m | 1.1 b | 1.3 b | 1.4 b | ||||
Accounts Payable | 81.4 m | 48.7 m | 62.8 m | 72.8 m | ||||
Current Liabilities | 161.5 m | 147.6 m | 161.2 m | 148.2 m | ||||
Additional Paid-in Capital | 142.5 m | 150.1 m | 111.7 m | 125.9 m | ||||
Retained Earnings | 506.1 m | 724.7 m | 895.7 m | 1 b | ||||
Total Equity | 671.6 m | 1 b | 1.2 b | |||||
Financial Leverage | 1.4 x | 1.2 x | 1.2 x |
| USD | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 139.3 m | 173.1 m | 153.6 m | 180.8 m | 155.1 m | 223.1 m | 243 m | 225.8 m | 246.3 m |
Accounts Receivable | 115.2 m | 117 m | 118.9 m | 111.5 m | 119.9 m | 124.1 m | 118.6 m | 115.6 m | 138.5 m |
Inventories | 217.8 m | 213.2 m | 212.3 m | 203.2 m | 209.8 m | 210.9 m | 227.7 m | 236.4 m | 234.8 m |
Current Assets | 508.3 m | 543.6 m | 526.8 m | 545.5 m | 566.2 m | 598 m | 630.5 m | 619.8 m | 661.7 m |
PP&E | 688 m | 720.3 m | 748.9 m | 826.8 m | 850.1 m | ||||
Total Assets | 1.1 b | 1.2 b | 1.2 b | 1.2 b | 1.3 b | 1.3 b | 1.4 b | 1.5 b | 1.5 b |
Accounts Payable | 83.2 m | 74.5 m | 89.6 m | 64.8 m | 76.1 m | 80.6 m | 81 m | 85.9 m | 75.6 m |
Dividends Payable | 5.5 m | 5.5 m | |||||||
Current Liabilities | 178.9 m | 145.7 m | 152 m | 151.3 m | 131.4 m | 147 m | 154.8 m | 141.6 m | 133.1 m |
Additional Paid-in Capital | 151.3 m | 153.8 m | 112.1 m | 114.7 m | 115.2 m | 122.9 m | 126 m | 131.5 m | 135.6 m |
Retained Earnings | 648.2 m | 786.1 m | 838.5 m | 884.4 m | 901.4 m | 944 m | 993.8 m | 1.1 b | 1.1 b |
Total Equity | 822.6 m | 1 b | 1 b | 1.1 b | 1.1 b | 1.2 b | 1.3 b | ||
Financial Leverage | 1.3 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x | 1.2 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 130.6 m | 249 m | 216 m | 189 m |
Depreciation and Amortization | 62.2 m | 64.3 m | 74.7 m | 84.6 m |
Accounts Receivable | (11 m) | (9.3 m) | 5.1 m | (11.6 m) |
Inventories | 30.1 m | 15 m | (7.9 m) | (21.6 m) |
Accounts Payable | (1.3 m) | (32.7 m) | 11.6 m | 5.1 m |
Cash From Operating Activities | 252.9 m | 306.5 m | 297.8 m | 292.8 m |
Capital Expenditures | (54.5 m) | (171.6 m) | (158.3 m) | (200.9 m) |
Cash From Investing Activities | (54.4 m) | (171.1 m) | (157.4 m) | (200.4 m) |
Long-term Borrowings | (10 m) | (10 m) | (10 m) | (10 m) |
Dividends Paid | (16.3 m) | (30.5 m) | (31.1 m) | (42.9 m) |
Cash From Financing Activities | (140.7 m) | (55.3 m) | (109.3 m) | (55 m) |
Interest Paid | 6.5 m | 3.5 m | 2.6 m | |
Income Taxes Paid | 10.4 m | (37.9 m) | 72.2 m | |
Free Cash Flow | 307.4 m | 478.1 m | 456.1 m | 92 m |
| USD | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 76.1 m | 66.5 m | 71.2 m | 50.9 m | 10.7 m | 47.6 m | 54.7 m | 23.2 m | 66.9 m |
Accounts Receivable | 115.2 m | 117 m | 118.9 m | 111.5 m | 119.9 m | 124.1 m | 118.6 m | 115.6 m | 138.5 m |
Inventories | 217.8 m | 213.2 m | 212.3 m | 203.2 m | 209.8 m | 210.9 m | 227.7 m | 236.4 m | 234.8 m |
Accounts Payable | 83.2 m | 74.5 m | 89.6 m | 64.8 m | 76.1 m | 80.6 m | 81 m | 85.9 m | 75.6 m |
| Y, 2017 | |
|---|---|
Financial Leverage | 1.2 x |
Sanderson Farms Market Value History
Market Position of Sanderson Farms
Traffic Overview of Sanderson Farms
Sanderson Farms Online and Social Media Presence
Sanderson Farms News and Updates
March 01, 2017
After years of designing fatter birds, food companies are finally realizing chickens shouldn’t grow so fast
For decades, it’s been a race: How could we make chickens grow a lot fatter a lot faster? It was all about feeding the largest…
February 21, 2017
The top US chicken company says it’s going to stop using antibiotics on its birds
The second-largest poultry company in the world announced today (Feb. 21) it would stop using antibiotics on its chickens by June 2017. Tyson Foods, which…
November 04, 2016
You Might Be Paying Too Much for Your Chicken
Investors contend that the way a chicken pricing index used by grocery stores is compiled has kept the retail price of chicken artificially high.
August 01, 2016
Poultry Producer Sanderson Farms Stands Its Ground: It’s Proud to Use Antibiotics
The country’s third-largest poultry producer has started an ad campaign to defend its continued use of antibiotics as many companies move away from the practice.