Overview
J M SMUCKER Co
Latest 10-K: FY2026, filed Jun 9, 2026 · Open the 10-K (Inline XBRL) ↗
- Revenue
- $9.05B
- 3.7%YoYup from FY2025
- TotalRevenue
- Gross profit
- $3.03B
- 10.3%YoYdown from FY2025
- GrossProfit
- Operating income
- $0.36B
- n/mYoY
- OperatingIncome
- Net income
- -$0.14B
- n/mYoY
- NetIncome
- Diluted EPS
- -$1.30
- n/mYoY
- EPSDiluted
- Free cash flow
- $1.16B
- 41.6%YoYup from FY2025
At a glance
Growth
- J M SMUCKER Co reported revenue of $9.05B for fiscal 2026, up 3.7% from fiscal 2025.
- Revenue grew faster than the median S&P 500 member in 2 of the last 4 fiscal years.
Profitability
- Operating margin was 4.0% and net margin was -1.5%.
Per share
- Diluted EPS was -$1.30.
Written from the filed figures on this page by fixed rules — no AI.
Data as of Oct 30, 2026 · Sources: SEC EDGAR 10-K
Financial statements
Annual figures from the 10-K, most recent fiscal year first.
Income Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Revenue | $9.05B3.7%up | $8.73B6.7%up Benchmark median 6.4% | $8.18B4.1%down Benchmark median 4.5% | $8.53B6.6%up Benchmark median 4.8% | $8.00B0.0%unchanged Benchmark median 10.3% | 3.1% |
| Gross Profit Median of 315 / 498 | $3.03B10.3%down | $3.38B8.6%up Benchmark median 6.8% | $3.12B11.2%up Benchmark median 5.5% | $2.80B3.7%up Benchmark median 5.2% | $2.70B14.0%down Benchmark median 8.3% | 3.0% |
| Operating Income Median of 373 / 498 | $0.36Bn/m | negative: -$0.67B151.6%down Benchmark median 7.3% | $1.31B729.1%up Benchmark median 7.4% | $0.16B84.6%down Benchmark median 4.9% | $1.02B26.2%down Benchmark median 7.5% | -23.0% |
| Net Income | negative: -$0.14Bn/m | negative: -$1.23B265.4%down Benchmark median 4.8% | $0.74Bn/m Benchmark median 5.7% | negative: -$0.09B114.5%down Benchmark median 1.9% | $0.63B27.9%down Benchmark median 1.3% | n/m |
| EPS (Diluted) | negative: -$1.30n/m | negative: -$11.57262.3%down Benchmark median 6.2% | $7.13n/m Benchmark median 7.9% | negative: -$0.86114.8%down Benchmark median 1.9% | $5.8325.2%down Benchmark median 1.5% | n/m |
Balance Sheet
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Total Assets | $16.22B7.7%down | $17.56B13.4%down Benchmark median 5.6% | $20.27B35.2%up Benchmark median 3.4% | $14.99B6.6%down Benchmark median 4.1% | $16.05B1.4%down Benchmark median 2.2% | 0.3% |
| Total Liabilities Median of 357 / 498 | $10.68B7.0%down | $11.48B8.7%down Benchmark median 6.4% | $12.58B63.4%up Benchmark median 1.9% | $7.70B2.7%down Benchmark median 2.9% | $7.91B3.0%down Benchmark median 2.0% | 7.8% |
| Stockholders' Equity | $5.54B8.9%down | $6.08B20.9%down Benchmark median 6.8% | $7.69B5.5%up Benchmark median 5.4% | $7.29B10.4%down Benchmark median 7.3% | $8.14B0.2%up Benchmark median 2.5% | -9.2% |
| Cash & Equivalents | — | — | — | — | — | — |
| Total Debt | $6.96B9.3%down | $7.68B8.2%down Benchmark median 2.1% | $8.36B93.9%up Benchmark median 0.2% | $4.31B3.9%down Benchmark median 0.3% | $4.49B5.5%down Benchmark median 0.1% | 11.6% |
Cash Flow Statement
5 annual periodsChip: YoY change.
| Line item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | 4Y CAGR |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.47B21.7%up | $1.21B1.5%down Benchmark median 6.3% | $1.23B2.9%up Benchmark median 4.8% | $1.19B5.1%up Benchmark median 9.9% | $1.14B27.4%down Benchmark median -0.7% | 6.7% |
| Capital Expenditures | $317.40M19.4%down | $393.80M32.9%down Benchmark median 5.4% | $586.50M22.9%up Benchmark median 2.8% | $477.40M14.3%up Benchmark median 11.3% | $417.50M36.1%up Benchmark median 14.0% | -6.6% |
| Free Cash Flow Median of 378 / 498 | $1.16B41.6%up | $0.82B27.0%up Benchmark median 7.3% | $0.64B10.3%down Benchmark median 6.1% | $0.72B0.3%down Benchmark median 8.8% | $0.72B42.9%down Benchmark median -11.3% | 12.6% |
n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.
Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology
Ratios & valuation
FY2026Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.
Valuation · Earnings yield
What a dollar of market value earned
n/m
Wall Street
on net earnings
FY2025 n/m
— Not reported
Value investor
on free cash flow
FY2025 — Not reported
How it’s calculated
Wall Street · on net earnings
Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)
pe_ratio (ratio table)
P/E n/mValue investor · on free cash flow
(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)
free cash flow ÷ market cap
Quality · Return on capital
Profit earned on the money in the business
negative: −2.4%
Wall Street
ROE: net income ÷ equity
FY2025 negative: −17.9%
negative: −2.0%
Value investor
ROIC: after-tax operating profit ÷ invested capital
FY2025 negative: −3.4%
Gap +0.4 pts: Value-investor figure 0.4 points higher
How it’s calculated
Wall Street · ROE: net income ÷ equity
Net income ÷ average stockholders' equity (start and end of year), including noncontrolling interests. Buybacks shrink equity and lift it.
return_on_equity (ratio table)
Value investor · ROIC: after-tax operating profit ÷ invested capital
Operating profit after tax ÷ invested capital (total assets − cash − non-interest-bearing current liabilities), so leverage cannot flatter it
roic (ratio table)
Quality · Cash margin
Cash profit kept from each dollar of sales
7.8%
Wall Street
EBITDA margin
FY2025 negative: −4.5%
12.8%
Value investor
Free-cash-flow margin
FY2025 9.4%
Gap +5.0 pts: Value-investor figure 5.0 points higher
How it’s calculated
Wall Street · EBITDA margin
EBITDA ÷ revenue
ebitda ÷ revenue
Value investor · Free-cash-flow margin
(Operating cash flow − capital expenditures) ÷ revenue: taxes, interest, working capital and capex all paid
free cash flow ÷ revenue
Balance sheet · Liquidity
Short-term assets per dollar of bills due within a year
0.78×
Wall Street
Current ratio
FY2025 0.81×
0.33×
Value investor
Quick ratio, inventory excluded
FY2025 0.35×
Gap −0.45×: Value-investor figure 0.45 lower
How it’s calculated
Wall Street · Current ratio
Current assets ÷ current liabilities
current_ratio (ratio table)
Value investor · Quick ratio, inventory excluded
(Current assets − inventory) ÷ current liabilities
quick_ratio (ratio table)
Balance sheet · Debt cover
How many times one year of earnings repays all debt
0.10×
Wall Street
EBITDA ÷ total debt
FY2025 negative: −0.05×
0.17×
Value investor
FCF ÷ total debt
FY2025 0.11×
Gap +0.07×: Value-investor figure 0.07 higher
How it’s calculated
Wall Street · EBITDA ÷ total debt
EBITDA ÷ total debt (short-term + long-term)
ebitda ÷ total debt
Value investor · FCF ÷ total debt
Free cash flow ÷ total debt: what is actually left to repay it
free cash flow ÷ total debt
Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.
Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.
Smart money
Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.
Peers, filings & research
Research Reports
No published research on SJM yet.
Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on SJM and publish the result to your public profile.
Cite this page
Data as of Oct 30, 2026. Canonical address: https://valuein.biz/data/SJM
Valuein. (2026, October 30). J M SMUCKER Co (SJM) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/SJM
@misc{valuein_sjm_2026,
author = {{Valuein}},
title = {J M SMUCKER Co (SJM) financial statements, earnings power and smart-money summary},
year = {2026},
howpublished = {\url{https://valuein.biz/data/SJM}},
note = {Data as of 2026-10-30; source: SEC EDGAR filings}
}10-K filed Jun 9, 2026 · accession 0000091419-26-000050
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