Smithfield ranked No. 163 on the Fortune 500 in 2010. Virginia's count of 24 Fortune 500 companies in 2024 ranks it No. 5, trailing only Ohio (27), Illinois (32), New York (52), Texas (52) and ...

Smithfield is currently owned by Hong Kong-based WH Group Ltd., which acquired it in 2013 for $4.7 billion —it was the largest Chinese takeover of a U.S. company at the time.