Stocks · Consumer staples · Canned, Fruits, Veg, Preserves, Jams & Jellies

J.M. Smucker Company (The)

SJM Clue Score34
United States Fiscal year ends April CIK 0000091419
$119.83 +0.35% Close, 9 Oct 2026
Price $119.83 −1.42% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue7.39Operating income1.04Net income0.59EPS, diluted5.10Fiscal year 2018Revenue7.36 −0.5%Operating income1.04Net income1.34 +126.0%EPS, diluted11.78 +131.0%Fiscal year 2019Revenue7.84 +6.5%Operating income0.93Net income0.51 −61.6%EPS, diluted4.52 −61.6%Fiscal year 2020Revenue7.80 −0.5%Operating income1.22Net income0.78 +51.5%EPS, diluted6.84 +51.3%Fiscal year 2021Revenue8.00 +2.6%Operating income1.39Net income0.88 +12.4%EPS, diluted7.79 +13.9%Fiscal year 2022Revenue8.00 −0.0%Operating income1.02Net income0.63 −27.9%EPS, diluted5.83 −25.2%Fiscal year 2023Revenue8.53 +6.6%Operating income0.16Net income−0.09 −114.5%EPS, diluted−0.86 −114.8%Fiscal year 2024Revenue8.18 −4.1%Operating income1.31Net income0.74EPS, diluted7.13Fiscal year 2025Revenue8.73 +6.7%Operating income−0.67Net income−1.23 −265.4%EPS, diluted−11.57 −262.3%Fiscal year 2026Revenue9.05 +3.7%Operating income0.36Net income−0.14EPS, diluted−1.30
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 7.39 7.36 7.84 7.80 8.00 8.00 8.53 8.18 8.73 9.05
Growth −0.5% +6.5% −0.5% +2.6% −0.0% +6.6% −4.1% +6.7% +3.7%
Operating income 1.04 1.04 0.93 1.22 1.39 1.02 0.16 1.31 −0.67 0.36
Net income 0.59 1.34 0.51 0.78 0.88 0.63 −0.09 0.74 −1.23 −0.14
Growth +126.0% −61.6% +51.5% +12.4% −27.9% −114.5% −265.4%
EPS, diluted 5.10 11.78 4.52 6.84 7.79 5.83 −0.86 7.13 −11.57 −1.30
Growth +131.0% −61.6% +51.3% +13.9% −25.2% −114.8% −262.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin38.4%Operating margin14.1%Net margin8.0%Free cash flow margin11.7%Fiscal year 2018Gross margin38.5%Operating margin14.2%Net margin18.2%Free cash flow margin12.2%Fiscal year 2019Gross margin37.2%Operating margin11.8%Net margin6.6%Free cash flow margin10.0%Fiscal year 2020Gross margin38.5%Operating margin15.7%Net margin10.0%Free cash flow margin12.6%Fiscal year 2021Gross margin39.2%Operating margin17.3%Net margin11.0%Free cash flow margin15.7%Fiscal year 2022Gross margin33.8%Operating margin12.8%Net margin7.9%Free cash flow margin9.0%Fiscal year 2023Gross margin32.8%Operating margin1.8%Net margin−1.1%Free cash flow margin8.4%Fiscal year 2024Gross margin38.1%Operating margin16.0%Net margin9.1%Free cash flow margin7.9%Fiscal year 2025Gross margin38.8%Operating margin−7.7%Net margin−14.1%Free cash flow margin9.4%Fiscal year 2026Gross margin33.5%Operating margin4.0%Net margin−1.5%Free cash flow margin12.8%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Gross margin 38.4% 38.5% 37.2% 38.5% 39.2% 33.8% 32.8% 38.1% 38.8% 33.5%
Operating margin 14.1% 14.2% 11.8% 15.7% 17.3% 12.8% 1.8% 16.0% −7.7% 4.0%
Net margin 8.0% 18.2% 6.6% 10.0% 11.0% 7.9% −1.1% 9.1% −14.1% −1.5%
Free cash flow margin 11.7% 12.2% 10.0% 12.6% 15.7% 9.0% 8.4% 7.9% 9.4% 12.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow1.06Capital expenditure−0.19Free cash flow0.87Buybacks−0.44Dividends paid−0.34Fiscal year 2018Operating cash flow1.22Capital expenditure−0.32Free cash flow0.90 +3.4%Buybacks−0.01Dividends paid−0.35Fiscal year 2019Operating cash flow1.14Capital expenditure−0.36Free cash flow0.78 −12.8%Buybacks−0.01Dividends paid−0.38Fiscal year 2020Operating cash flow1.25Capital expenditure−0.27Free cash flow0.99 +26.1%Buybacks−0.00Dividends paid−0.40Fiscal year 2021Operating cash flow1.57Capital expenditure−0.31Free cash flow1.26 +27.7%Buybacks−0.68Dividends paid−0.40Fiscal year 2022Operating cash flow1.14Capital expenditure−0.42Free cash flow0.72 −42.9%Buybacks−0.27Dividends paid−0.42Fiscal year 2023Operating cash flow1.19Capital expenditure−0.48Free cash flow0.72 −0.3%Buybacks−0.37Dividends paid−0.43Fiscal year 2024Operating cash flow1.23Capital expenditure−0.59Free cash flow0.64 −10.3%Buybacks−0.37Dividends paid−0.44Fiscal year 2025Operating cash flow1.21Capital expenditure−0.39Free cash flow0.82 +27.0%Buybacks−0.00Dividends paid−0.46Fiscal year 2026Operating cash flow1.47Capital expenditure−0.32Free cash flow1.16 +41.6%Buybacks−0.01Dividends paid−0.46
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 1.06 1.22 1.14 1.25 1.57 1.14 1.19 1.23 1.21 1.47
Capital expenditure −0.19 −0.32 −0.36 −0.27 −0.31 −0.42 −0.48 −0.59 −0.39 −0.32
Free cash flow 0.87 0.90 0.78 0.99 1.26 0.72 0.72 0.64 0.82 1.16
Growth +3.4% −12.8% +26.1% +27.7% −42.9% −0.3% −10.3% +27.0% +41.6%
Buybacks −0.44 −0.01 −0.01 −0.00 −0.68 −0.27 −0.37 −0.37 −0.00 −0.01
Dividends paid −0.34 −0.35 −0.38 −0.40 −0.40 −0.42 −0.43 −0.44 −0.46 −0.46

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash0.17Total debt4.94Net cash (debt)−4.78Shareholders’ equity6.85Debt to equity0.72Fiscal year 2018Cash0.19Total debt4.69Net cash (debt)−4.50Shareholders’ equity7.89Debt to equity0.59Fiscal year 2019Cash0.10Total debt5.48Net cash (debt)−5.38Shareholders’ equity7.97Debt to equity0.69Fiscal year 2020Cash0.39Total debt5.37Net cash (debt)−4.98Shareholders’ equity8.19Debt to equity0.66Fiscal year 2021Cash0.33Total debt4.67Net cash (debt)−4.34Shareholders’ equity8.12Debt to equity0.57Fiscal year 2022Cash0.17Total debt4.31Net cash (debt)−4.14Shareholders’ equity8.14Debt to equity0.53Fiscal year 2023Cash0.66Total debt4.31Net cash (debt)−3.66Shareholders’ equity7.29Debt to equity0.59Fiscal year 2024Cash0.06Total debt7.77Net cash (debt)−7.71Shareholders’ equity7.69Debt to equity1.01Fiscal year 2025Cash0.07Total debt7.04Net cash (debt)−6.97Shareholders’ equity6.08Debt to equity1.16Fiscal year 2026Cash0.06Total debt6.54Net cash (debt)−6.48Shareholders’ equity5.54Debt to equity1.18
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 0.17 0.19 0.10 0.39 0.33 0.17 0.66 0.06 0.07 0.06
Total debt 4.94 4.69 5.48 5.37 4.67 4.31 4.31 7.77 7.04 6.54
Net cash (debt) −4.78 −4.50 −5.38 −4.98 −4.34 −4.14 −3.66 −7.71 −6.97 −6.48
Shareholders’ equity 6.85 7.89 7.97 8.19 8.12 8.14 7.29 7.69 6.08 5.54
Debt to equity 0.72 0.59 0.69 0.66 0.57 0.53 0.59 1.01 1.16 1.18

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending April, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 30 Apr 2017 FY2018 30 Apr 2018 FY2019 30 Apr 2019 FY2020 30 Apr 2020 FY2021 30 Apr 2021 FY2022 30 Apr 2022 FY2023 30 Apr 2023 FY2024 30 Apr 2024 FY2025 30 Apr 2025 FY2026 30 Apr 2026
Margins
38.4% 38.5% 37.2% 38.5% 39.2% 33.8% 32.8% 38.1% 38.8% 33.5%
14.1% 14.2% 11.8% 15.7% 17.3% 12.8% 1.8% 16.0% −7.7% 4.0%
11.9% 11.7% 9.0% 13.2% 14.6% 10.5% −0.1% 12.2% −12.0% −0.7%
8.0% 18.2% 6.6% 10.0% 11.0% 7.9% −1.1% 9.1% −14.1% −1.5%
11.7% 12.2% 10.0% 12.6% 15.7% 9.0% 8.4% 7.9% 9.4% 12.8%
Spending
0.8% n/a n/a n/a n/a n/a n/a n/a n/a n/a
18.7% 18.5% 19.2% 18.9% 19.0% 17.0% 17.1% 17.7% 17.5% 16.5%
2.6% 4.4% 4.6% 3.5% 3.8% 5.2% 5.6% 7.2% 4.5% 3.5%
32.6% −55.5% 26.7% 24.1% 25.2% 25.1% n/a 25.3% n/a n/a
Returns
8.6% 17.0% 6.5% 9.5% 10.8% 7.8% −1.3% 9.7% −20.2% −2.5%
3.8% 8.7% 3.1% 4.6% 5.4% 3.9% −0.6% 3.7% −7.0% −0.9%
Balance and payout
0.72 0.59 0.69 0.66 0.57 0.53 0.59 1.01 1.16 1.18
56.2% 48.4% 52.3% 51.7% 50.1% 49.3% 51.4% 62.0% 65.4% 65.8%
57.3% 26.2% 73.5% 50.9% 46.0% 66.2% n/a 58.8% n/a n/a
89.6% 39.9% 49.1% 40.7% 86.0% 95.8% 111.3% 126.0% 56.2% 40.7%