For the twelve months ended Jul 31, 2026, The J.M. Smucker Company reported $9.16B of revenue and $229.50M of net income.
SJM revenue was $2.22B in fiscal Q1 2027 (ended Jul 31, 2026), up 5.0% from a year earlier and down 2.2% from the prior quarter. For the full fiscal 2026 it was $9.05B, up 3.7% from fiscal 2025. Compound annual growth was +2.5% over 5 years. It rose in 5 of the last 9 fiscal years. Fiscal 2026 is the highest of the 10 fiscal years on file.
SJM net income was $324.30M in fiscal Q1 2027 (ended Jul 31, 2026), compared with -$43.90M a year earlier and down 16.4% from the prior quarter. For the full fiscal 2026 it was -$138.70M, compared with -$1.23B in fiscal 2025.
SJM diluted EPS was $3.03 in fiscal Q1 2027 (ended Jul 31, 2026), compared with -$0.41 a year earlier. For the full fiscal 2026 it was -$1.30, compared with -$11.57 in fiscal 2025.
SJM free cash flow was $337.30M in fiscal Q1 2027 (ended Jul 31, 2026), compared with -$94.90M a year earlier and down 30.3% from the prior quarter. For the full fiscal 2026 it was $1.16B, up 41.6% from fiscal 2025. Compound annual growth was -1.7% over 5 years and -0.9% over 10 years. It rose in 5 of the last 10 fiscal years.
| Line item | Apr 30, 2026 | Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | Apr 30, 2019 | Apr 30, 2018 | Apr 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.05B | $8.73B | $8.18B | $8.53B | $8.00B | $8.00B | $7.80B | $7.84B | $7.36B | $7.39B |
| Cost of revenue | $6.02B | $5.34B | $5.06B | $5.73B | $5.30B | $4.86B | $4.80B | $4.92B | $4.52B | $4.56B |
| Gross profit | $3.03B | $3.38B | $3.12B | $2.80B | $2.70B | $3.14B | $3.00B | $2.92B | $2.84B | $2.84B |
| Research and development | - | - | - | - | - | - | - | - | - | $58.10M |
| Selling, general and admin | $1.50B | $1.53B | $1.45B | $1.46B | $1.36B | $1.52B | $1.47B | $1.51B | $1.36B | $1.38B |
| Operating income | $360.20M | -$673.90M | $1.31B | $157.50M | $1.02B | $1.39B | $1.22B | $928.60M | $1.04B | $1.04B |
| Pre-tax income | -$62.40M | -$1.05B | $996.40M | -$9.20M | $843.80M | $1.17B | $1.03B | $701.60M | $861.00M | $878.40M |
| Income tax | $76.30M | $184.00M | $252.40M | $82.10M | $212.10M | $295.60M | $247.20M | $187.20M | -$477.60M | $286.10M |
| Net income | -$138.70M | -$1.23B | $744.00M | -$91.30M | $631.70M | $876.30M | $779.50M | $514.40M | $1.34B | $592.30M |
| EPS, basic | -$1.30 | -$11.57 | $7.14 | -$0.86 | $5.84 | $7.79 | $6.84 | $4.52 | $11.79 | $5.11 |
| EPS, diluted | -$1.30 | -$11.57 | $7.13 | -$0.86 | $5.83 | $7.79 | $6.84 | $4.52 | $11.78 | $5.10 |
| Diluted shares | - | - | - | - | 108.4M | 112.0M | 113.4M | 113.1M | 113.0M | 115.6M |
| Line item | Apr 30, 2026 | Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | Apr 30, 2019 | Apr 30, 2018 | Apr 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $58.60M | $69.90M | $62.00M | $655.80M | $169.90M | $334.30M | $391.10M | $101.30M | $192.60M | $166.80M |
| Receivables | $656.30M | $619.00M | $736.50M | $597.60M | $524.70M | $533.70M | $551.40M | $503.80M | $385.60M | $438.70M |
| Inventory | $1.13B | $1.21B | $1.04B | $1.01B | $1.09B | $959.90M | $895.30M | $910.30M | $854.40M | $905.70M |
| Current assets | $1.97B | $2.15B | $1.97B | $2.86B | $2.01B | $1.94B | $1.97B | $1.63B | $1.55B | $1.64B |
| Goodwill | $5.21B | $5.71B | $7.65B | $5.22B | $6.02B | $6.02B | $6.30B | $6.31B | $5.94B | $6.08B |
| Total assets | $16.22B | $17.56B | $20.27B | $14.99B | $16.05B | $16.28B | $16.97B | $16.71B | $15.30B | $15.64B |
| Current liabilities | $2.54B | $2.65B | $3.76B | $1.99B | $1.95B | $2.87B | $1.59B | $2.34B | $1.03B | $1.83B |
| Short-term debt | $150.00M | $0 | $999.30M | $0 | $180.00M | $1.15B | $0 | $798.50M | $0 | $499.00M |
| Long-term debt | $6.39B | $7.04B | $6.77B | $4.31B | $4.31B | $3.52B | $5.37B | $4.69B | $4.69B | $4.45B |
| Total debt | $6.54B | $7.04B | $7.77B | $4.31B | $4.49B | $4.67B | $5.37B | $5.48B | $4.69B | $4.94B |
| Total liabilities | $10.68B | $11.48B | $12.58B | $7.70B | $7.91B | $8.16B | $8.78B | $8.74B | $7.41B | $8.79B |
| Shareholders' equity | $5.54B | $6.08B | $7.69B | $7.29B | $8.14B | $8.12B | $8.19B | $7.97B | $7.89B | $6.85B |
| Line item | Apr 30, 2026 | Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | Apr 30, 2019 | Apr 30, 2018 | Apr 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.47B | $1.21B | $1.23B | $1.19B | $1.14B | $1.56B | $1.25B | $1.14B | $1.22B | $1.06B |
| Capital expenditures | $317.40M | $393.80M | $586.50M | $477.40M | $417.50M | $306.70M | $269.30M | $359.80M | $321.90M | $192.40M |
| Free cash flow | $1.16B | $816.60M | $642.90M | $717.00M | $718.80M | $1.26B | $985.50M | $781.40M | $896.10M | $866.60M |
| Investing cash flow | -$258.80M | -$100.30M | -$3.96B | $256.20M | -$355.50M | $311.10M | -$271.50M | -$1.92B | -$277.60M | -$189.70M |
| Financing cash flow | -$1.23B | -$1.10B | $2.14B | -$964.60M | -$944.50M | -$1.94B | -$688.70M | $699.00M | -$922.00M | -$806.10M |
| Dividends paid | $464.70M | $455.40M | $437.50M | $430.20M | $418.10M | $403.20M | $396.80M | $377.90M | $350.30M | $339.30M |
| Share repurchases | $5.60M | $3.30M | $372.80M | $367.50M | $270.40M | $678.40M | $4.20M | $5.40M | $7.00M | $437.60M |
| Stock-based compensation | $23.60M | $29.90M | $23.90M | $25.60M | $22.30M | $28.70M | $26.80M | $20.70M | $15.40M | $22.00M |
| Line item | Apr 30, 2026 | Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | Apr 30, 2019 | Apr 30, 2018 | Apr 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 3.7% | 6.7% | -4.1% | 6.6% | -0.0% | 2.6% | -0.5% | 6.5% | -0.5% | - |
| Net income growth, YoY | - | - | - | - | -27.9% | 12.4% | 51.5% | -61.6% | 126.0% | -14.0% |
| EPS growth, YoY | - | - | - | - | -25.2% | 13.9% | 51.3% | -61.6% | 131.0% | -11.5% |
| Gross margin | 33.5% | 38.8% | 38.1% | 32.8% | 33.8% | 39.2% | 38.5% | 37.2% | 38.5% | 38.4% |
| Operating margin | 4.0% | -7.7% | 16.0% | 1.8% | 12.8% | 17.3% | 15.7% | 11.8% | 14.2% | 14.1% |
| Net margin | -1.5% | -14.1% | 9.1% | -1.1% | 7.9% | 11.0% | 10.0% | 6.6% | 18.2% | 8.0% |
| Free cash flow margin | 12.8% | 9.4% | 7.9% | 8.4% | 9.0% | 15.7% | 12.6% | 10.0% | 12.2% | 11.7% |
| Return on equity | -2.5% | -20.2% | 9.7% | -1.3% | 7.8% | 10.8% | 9.5% | 6.5% | 17.0% | 8.6% |
| Return on assets | -0.9% | -7.0% | 3.7% | -0.6% | 3.9% | 5.4% | 4.6% | 3.1% | 8.7% | 3.8% |
| Current ratio | 0.78 | 0.81 | 0.52 | 1.44 | 1.03 | 0.68 | 1.24 | 0.69 | 1.50 | 0.90 |
| Debt to equity | 1.18 | 1.16 | 1.01 | 0.59 | 0.55 | 0.57 | 0.66 | 0.69 | 0.59 | 0.72 |
| Line item | Jul 31, 2026 | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.22B | $2.27B | $2.34B | $2.33B | $2.11B | $2.14B | $2.19B | $2.27B | $2.13B | $2.21B | $2.23B | $1.94B |
| Cost of revenue | $1.24B | $1.41B | $1.51B | $1.46B | $1.64B | $1.32B | $1.31B | $1.39B | $1.33B | $1.29B | $1.41B | $1.21B |
| Gross profit | $979.60M | $862.10M | $827.80M | $869.90M | $474.70M | $823.30M | $878.10M | $886.10M | $797.20M | $913.30M | $823.10M | $724.20M |
| Selling, general and admin | $410.50M | $357.80M | $363.20M | $398.20M | $377.40M | $380.60M | $367.60M | $390.70M | $390.10M | $424.90M | $374.20M | $333.50M |
| Operating income | $511.60M | $444.50M | -$548.40M | $418.50M | $45.60M | -$599.10M | -$594.00M | $169.70M | $349.50M | $406.00M | $297.40M | $298.90M |
| Pre-tax income | $427.90M | $327.60M | -$651.90M | $318.40M | -$56.50M | -$697.10M | -$662.50M | $66.80M | $246.00M | $313.10M | $195.50M | $249.40M |
| Income tax | $103.60M | -$60.50M | $72.30M | $77.10M | -$12.60M | $31.90M | -$200.0K | $91.30M | $61.00M | $68.00M | $75.10M | $54.50M |
| Net income | $324.30M | $388.10M | -$724.20M | $241.30M | -$43.90M | -$729.00M | -$662.30M | -$24.50M | $185.00M | $245.10M | $120.40M | $194.90M |
| EPS, basic | $3.04 | - | -$6.79 | $2.26 | -$0.41 | - | -$6.22 | -$0.23 | $1.74 | - | $1.14 | $1.91 |
| EPS, diluted | $3.03 | - | -$6.79 | $2.26 | -$0.41 | - | -$6.22 | -$0.23 | $1.74 | - | $1.13 | $1.90 |
| Line item | Jul 31, 2026 | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $43.20M | $58.60M | $52.80M | $62.80M | $39.30M | $69.90M | $47.20M | $49.20M | $39.50M | $62.00M | $35.90M | $3.62B |
| Receivables | $615.70M | $656.30M | $645.70M | $675.20M | $643.20M | $619.00M | $654.30M | $804.60M | $734.90M | $736.50M | $789.60M | $587.90M |
| Inventory | $1.19B | $1.13B | $1.17B | $1.35B | $1.39B | $1.21B | $1.09B | $1.08B | $1.14B | $1.04B | $987.60M | $1.08B |
| Current assets | $1.99B | $1.97B | $1.99B | $2.33B | $2.40B | $2.15B | $1.98B | $2.06B | $2.08B | $1.97B | $1.92B | $5.86B |
| Goodwill | $5.20B | $5.21B | $5.20B | $5.71B | $5.71B | $5.71B | $6.57B | $7.40B | $7.65B | $7.65B | $7.67B | $5.21B |
| Total assets | $16.20B | $16.22B | $16.27B | $17.63B | $17.74B | $17.56B | $18.43B | $20.02B | $20.35B | $20.27B | $20.25B | $18.12B |
| Current liabilities | $2.29B | $2.54B | $2.36B | $2.63B | $2.95B | $2.65B | $3.29B | $3.56B | $3.76B | $3.76B | $2.47B | $1.83B |
| Short-term debt | $150.00M | $150.00M | $486.90M | $748.20M | $951.60M | $0 | $999.90M | $999.70M | $999.50M | $999.30M | $418.00M | - |
| Long-term debt | $6.39B | $6.39B | $6.84B | $7.04B | $7.04B | $7.04B | $6.39B | $6.78B | $6.78B | $6.77B | $8.12B | $7.77B |
| Total debt | $6.54B | $6.54B | $7.33B | $7.79B | $7.99B | $7.04B | $7.39B | $7.78B | $7.77B | $7.77B | $8.54B | $7.77B |
| Total liabilities | $10.45B | $10.68B | $11.03B | $11.57B | $11.82B | $11.48B | $11.52B | $12.39B | $12.58B | $12.58B | $12.69B | $11.03B |
| Shareholders' equity | $5.75B | $5.54B | $5.24B | $6.06B | $5.93B | $6.08B | $6.91B | $7.63B | $7.77B | $7.69B | $7.56B | $7.09B |
| Line item | Jul 31, 2026 | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $425.70M | $579.20M | $558.50M | $346.50M | -$10.60M | $393.90M | $239.40M | $404.20M | $172.90M | $428.10M | $406.50M | $176.90M |
| Capital expenditures | $88.40M | $95.30M | $71.50M | $66.30M | $84.30M | $95.00M | $88.10M | $87.00M | $123.70M | $130.60M | $156.90M | $148.70M |
| Free cash flow | $337.30M | $483.90M | $487.00M | $280.20M | -$94.90M | $298.90M | $151.30M | $317.20M | $49.20M | $297.50M | $249.60M | $28.20M |
| Investing cash flow | -$85.80M | -$84.90M | $16.10M | $7.90M | -$197.90M | -$81.80M | $207.20M | -$53.30M | -$172.40M | -$103.40M | -$3.57B | -$141.80M |
| Financing cash flow | -$354.00M | -$488.80M | -$586.00M | -$329.70M | $178.00M | -$292.10M | -$446.90M | -$340.70M | -$23.00M | -$297.90M | -$428.20M | $3.35B |
| Dividends paid | $116.80M | $116.80M | $116.70M | $116.80M | $114.40M | $114.50M | $114.40M | $114.40M | $112.10M | $112.00M | $112.30M | $108.00M |
| Share repurchases | $5.70M | $400.0K | $200.0K | $400.0K | $4.60M | $200.0K | $400.0K | $100.0K | $2.60M | $300.0K | $100.0K | $400.0K |
| Stock-based compensation | $12.20M | $3.20M | $2.50M | $8.90M | $9.00M | $4.70M | $9.40M | $6.90M | $8.90M | $8.00M | $2.20M | $8.60M |
| Line item | Jul 31, 2026 | Apr 30, 2026 | Jan 31, 2026 | Oct 31, 2025 | Jul 31, 2025 | Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 5.0% | 5.8% | 7.0% | 2.6% | -0.6% | -2.8% | -1.9% | 17.2% | 17.7% | -1.3% | 0.6% | -12.1% |
| Net income growth, YoY | - | - | - | - | - | - | - | - | 0.8% | - | -42.3% | 2.0% |
| EPS growth, YoY | - | - | - | - | - | - | - | - | -2.8% | - | -42.1% | 6.1% |
| Gross margin | 44.1% | 38.0% | 35.4% | 37.3% | 22.5% | 38.4% | 40.2% | 39.0% | 37.5% | 41.4% | 36.9% | 37.4% |
| Operating margin | 23.1% | 19.6% | -23.4% | 18.0% | 2.2% | -27.9% | -27.2% | 7.5% | 16.4% | 18.4% | 13.3% | 15.4% |
| Net margin | 14.6% | 17.1% | -31.0% | 10.4% | -2.1% | -34.0% | -30.3% | -1.1% | 8.7% | 11.1% | 5.4% | 10.1% |
| Free cash flow margin | 15.2% | 21.3% | 20.8% | 12.0% | -4.5% | 13.9% | 6.9% | 14.0% | 2.3% | 13.5% | 11.2% | 1.5% |
| Current ratio | 0.87 | 0.78 | 0.84 | 0.89 | 0.81 | 0.81 | 0.60 | 0.58 | 0.55 | 0.52 | 0.78 | 3.20 |
| Debt to equity | 1.14 | 1.18 | 1.40 | 1.29 | 1.35 | 1.16 | 1.07 | 1.02 | 1.00 | 1.01 | 1.13 | 1.10 |
Source: XBRL data The J.M. Smucker Company files with the SEC, latest filing dated Aug 26, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| SJM | $9.16B | +5.1% | $229.50M | 2.5% | $14.17B |
| MDLZ | $39.90B | +6.0% | $4.08B | 10.2% | $85.49B |
| ADM | $84.06B | +1.0% | $2.48B | 3.0% | $34.69B |
| KHC | $24.78B | -1.5% | -$3.47B | -14.0% | $29.73B |
| BG | $93.47B | +55.5% | $1.16B | 1.2% | $19.53B |
| GIS | $18.30B | -4.5% | -$894.80M | -4.9% | $18.35B |
| MKC.V | $7.69B | +13.2% | $1.49B | 19.4% | $12.66B |
| MKC | $7.69B | +13.2% | $1.49B | 19.4% | $12.64B |
| DAR | $6.78B | +15.9% | $850.25M | 12.5% | $8.67B |