The J. M. Smucker Company SJM

121.00 (0.66) (0.54%) as of 25 Sep
Market cap
$13.1B
P/E
56.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

The J. M. Smucker Company (SJM) Gross margin

The J. M. Smucker Company's gross margin over the twelve months to 31 July 2026 was 38.7%, up 5.1 percentage points from fiscal 2026 (33.5%). Over the past ten years it has ranged from 32.9% (fiscal 2023) to 39.2% (fiscal 2021); the current reading is higher than 17% of that period. That is above the Packaged Foods industry median of 27.5% and above the Consumer Defensive sector median of 34.8%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2026 33.5% (5.26)
FY2025 38.8% 0.70
FY2024 38.1% 5.24
FY2023 32.9% (0.91)
FY2022 33.8% (5.46)
FY2021 39.2% 0.74
FY2020 38.5% 1.28
FY2019 37.2% (1.35)
FY2018 38.6% 0.20
FY2017 38.4% 0.36

Quarterly

Period Gross margin Change (points)
Jul 2026 44.1% 6.13
Apr 2026 38.0% 2.62
Jan 2026 35.4% (1.94)
Oct 2025 37.3% 14.87
43 more quarters

Against its own ten years

Low 32.9% High 39.2%
Ten-year median 38.0%
Current reading's percentile 17

Gross margin against peers

Company Gross margin
SJM The J. M. Smucker Company 38.7%
MKC McCormick & Company, Incorporated compare 38.6%
GIS General Mills, Inc. compare 33.6%
DAR Darling Ingredients Inc. compare 26.3%
CAG Conagra Brands compare 23.9%
HRL Hormel Foods Corporation compare 15.7%
SFD Smithfield Foods, Inc. compare 13.4%
JBS JBS N.V. compare 11.8%
MICC The Magnum Ice Cream Company N.V. compare —
Packaged Foods industry median 27.5%
Consumer Defensive sector median 34.8%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on SJM