The J. M. Smucker Company

SJM Consumer Defensive Packaged Foods

The J. M. Smucker Company’s revenue for fiscal 2026 (year ended April 2026) was $9.1 billion, up 3.72% from fiscal 2025.

Revenue
+5.02%
EPS
+841.5%
Free cash flow
+511.7%
Total debt
−15.7%

Quarter to July 2026, against a year earlier

133.50 1.07 +0.81%
Market cap
$14.2B
P/E
62.1×
Fwd P/E
14.5×
Dividend yield
3.31%
F-score
4/9
Altman Z
1.17
Beneish M
−2.74
Dividend safety
41/100

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

Alert me on 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 28.4% and above the Consumer Defensive sector median of 34.6%.

Gross margin, annual

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Annual newest first

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 newest first

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 81

Gross margin against peers

Company Gross margin
MKC McCormick & Company, Incorporated compare 39.1%
SJM The J. M. Smucker Company 38.7%
GIS General Mills, Inc. compare 33.6%
DAR Darling Ingredients Inc. compare 26.8%
LW Lamb Weston compare 19.4%
HRL Hormel Foods Corporation compare 15.7%
SFD Smithfield Foods, Inc. compare 12.6%
JBS JBS N.V. compare 11.8%
MICC The Magnum Ice Cream Company N.V. compare —
Packaged Foods industry median 28.4%
Consumer Defensive sector median 34.6%
Market median 45.1%

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 →

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