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) Operating margin

Alert me on Operating margin

The J. M. Smucker Company's operating margin over the twelve months to 31 July 2026 was 9.02%, up 5.0 percentage points from fiscal 2026 (3.98%). Over the past ten years it has ranged from −7.72% (fiscal 2025) to 17.3% (fiscal 2021); the current reading is higher than 25% of that period. That is above the Packaged Foods industry median of 2.53% and above the Consumer Defensive sector median of 1.70%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 3.98% 11.70
FY2025 −7.72% (23.69)
FY2024 16.0% 14.12
FY2023 1.85% (10.95)
FY2022 12.8% (4.53)
FY2021 17.3% 1.65
FY2020 15.7% 3.83
FY2019 11.9% (2.34)
FY2018 14.2% 0.09
FY2017 14.1% (0.56)

Quarterly newest first

Period Operating margin Change (points)
Jul 2026 23.1% 3.45
Apr 2026 19.6% 43.04
Jan 2026 −23.4% (41.40)
Oct 2025 18.0% 15.80
43 more quarters

Against its own ten years

Low −7.72% High 17.3%
Ten-year median 13.8%
Current reading's percentile 26

Operating margin against peers

Company Operating margin
DAR Darling Ingredients Inc. compare 17.9%
MKC McCormick & Company, Incorporated compare 13.4%
SJM The J. M. Smucker Company 9.02%
LW Lamb Weston compare 7.80%
SFD Smithfield Foods, Inc. compare 7.59%
JBS JBS N.V. compare 3.57%
HRL Hormel Foods Corporation compare 3.47%
GIS General Mills, Inc. compare −1.13%
MICC The Magnum Ice Cream Company N.V. compare —
Packaged Foods industry median 2.53%
Consumer Defensive sector median 1.70%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on SJM