SJM Financials J.M. Smucker

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated 20 d ago Overview →

Growth & profitability

Revenue has grown 2.5% per year over the past 5 years.
Operating margin has contracted, at 4.0% in the latest year.
Free cash flow has declined 1.7% per year over the past 5 years.

Financial health

Total debt ($7.0B) exceeds cash ($59M); net debt is $6.9B.
Total debt has grown faster than revenue (7.9% vs 2.5% per year).
Total debt is 19× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 40.2% of free cash flow.
The dividend has grown 2.9% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$9.1B	-$139M	33.5%	4.0%	-2.5%	-0.9%	$1.2B	$7.0B	$59M
2025	$8.7B	-$1.2B	38.8%	-7.7%	-20.2%	-7.0%	$817M	$7.7B	$70M
2024	$8.2B	$744M	38.1%	16.0%	9.7%	3.7%	$643M	$8.4B	$62M
2023	$8.5B	-$91M	32.8%	1.8%	-1.3%	-0.6%	$717M	$4.3B	$656M
2022	$8.0B	$632M	33.8%	12.8%	7.8%	3.9%	$719M	$4.5B	$170M
2021	$8.0B	$876M	39.2%	17.3%	10.8%	5.4%	$1.3B	$4.8B	$334M
2020	$7.8B	$780M	38.5%	15.7%	9.5%	4.6%	$986M	$5.6B	$391M
2019	$7.8B	$514M	37.2%	11.8%	6.5%	3.1%	$781M	$5.9B	$101M
2018	$7.4B	$1.3B	38.5%	14.2%	17.0%	8.7%	$896M	$4.8B	$193M
2017	$7.4B	$592M	38.4%	14.1%	8.6%	3.8%	—	$5.4B	$167M
2016	—	$689M	—	—	9.8%	4.3%	—	$5.4B	—
2015	—	$345M	—	—	4.9%	2.1%	—	$6.2B	—
2014	—	$565M	—	—	11.2%	6.3%	—	$2.2B	—
2013	—	$544M	—	—	10.6%	6.0%	—	$2.0B	—
2012	—	$460M	—	—	8.9%	5.0%	$457M	$2.1B	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jul '26	$2.2B	$324M	44.1%	23.1%	5.6%	2.0%	$337M	$6.7B	$43M
Apr '26	$2.3B	$388M	38.0%	19.6%	7.0%	2.4%	$484M	$7.0B	$59M
Jan '26	$2.3B	-$724M	35.4%	-23.4%	-13.8%	-4.5%	$487M	$7.3B	$53M
Oct '25	$2.3B	$241M	37.3%	18.0%	4.0%	1.4%	$280M	$7.8B	$63M
Jul '25	$2.1B	-$44M	22.5%	2.2%	-0.7%	-0.2%	-$95M	$8.0B	$39M
Apr '25	$2.1B	-$729M	38.4%	-27.9%	-12.0%	-4.2%	$299M	$7.7B	$70M
Jan '25	$2.2B	-$662M	40.2%	-27.2%	-9.6%	-3.6%	$151M	$7.8B	$47M
Oct '24	$2.3B	-$25M	39.0%	7.5%	-0.3%	-0.1%	$317M	$8.3B	$49M
Jul '24	$2.1B	$185M	37.5%	16.4%	2.4%	0.9%	$49M	$8.5B	$40M
Apr '24	$2.2B	$245M	41.4%	18.4%	3.2%	1.2%	$298M	$8.4B	$62M
Jan '24	$2.2B	$120M	36.9%	13.3%	1.6%	0.6%	$250M	$8.5B	$36M
Oct '23	$1.9B	$195M	37.4%	15.4%	2.7%	1.1%	$28M	$7.8B	$3.6B
Jul '23	$1.8B	$184M	36.3%	16.8%	2.6%	1.2%	$68M	$4.3B	$241M
Apr '23	$2.2B	-$601M	35.5%	-28.3%	-8.2%	-4.0%	$299M	$4.3B	$656M
Jan '23	$2.2B	$209M	34.1%	14.3%	2.5%	1.3%	$443M	$4.3B	$104M
Oct '22	$2.2B	$191M	31.8%	13.3%	2.3%	1.2%	$103M	$4.6B	$27M
Jul '22	$1.9B	$110M	29.5%	9.6%	1.3%	0.7%	-$127M	$4.7B	$152M
Apr '22	$2.0B	$202M	32.8%	14.8%	2.5%	1.3%	$221M	$4.5B	$170M
Jan '22	$2.1B	$70M	33.2%	7.3%	0.8%	0.4%	$322M	$4.4B	$284M
Oct '21	$2.0B	$206M	34.7%	15.2%	2.5%	1.3%	$106M	$4.6B	$155M

Valuation over time

How the market has priced SJM against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 26.6× (Mar '23) to 17.0× (Mar '25).
The price-to-sales ratio has fallen from 2.1× (Mar '23) to 1.5× (Sep '26).
The dividend yield has risen from 2.5% (Mar '23) to 3.4% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is SJM growing its revenue and profit?

Over the past 5 years, J.M. Smucker's revenue has grown 2.5% per year. These are computed facts, not advice.

How much debt does SJM have?

As of FY2026, J.M. Smucker reported $7.0B of total debt against $59M of cash.

What is SJM's profit margin?

In FY2026, gross margin was 33.5%, operating margin 4.0%, and net margin -1.5%.

What is SJM's P/E ratio?

As of Sep '26, J.M. Smucker traded at a price-to-earnings ratio of about 17.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.