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 Aug 30, 2026, 10:12 UTC 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 1.6× (Nov '26).
The dividend yield has risen from 2.5% (Mar '23) to 3.3% (Nov '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?

J.M. Smucker's P/E (TTM) is 61.15 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the SJM stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 17.0× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.