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. In the quarter to July 2026, revenue grew 5.02%, EPS grew 841.5%, free cash flow grew 511.7% and total debt fell 15.7%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

127.43 1.50 +1.19%
Market cap
$13.5B
P/E
59.3×
Fwd P/E
12.9×
Dividend yield
3.47%
F-score
4/9
Altman Z
1.17
Beneish M
−2.74
Dividend safety
41/100

Insider Decisions trades per month

Total buys 0.10
Total sells 17.60
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — 1 — — — — — — —
Sell — — — — 1 — — 5 — 3 — —
Insider Ownership 2.21%

Capital & Financial Ratios $m

Market Cap 13,450.00
Revenue 9,156.90
Net Income 229.50
Free Cash Flow 1,588.90
Net Debt 6,694.60
Current Ratio 0.87 (below 1: weak)
Debt/Equity 1.17
P/E ratio 59.27 (above 35: high)
Fwd P/E 12.90
P/S ratio 1.49
P/B ratio 2.37
Past 5Y EPS Growth —
This Y EPS Growth 18.41% (at or above 15%: strong)
Next Y EPS Growth 1.95%
Next Y revenue growth (1.34%) (below 0%: weak)
Next 5Y EPS Growth 8.99%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 99.66%
10-year low 10-year high
P/S against its own 10 years 23.85%
10-year low 10-year high
P/B against its own 10 years 97.75%
10-year low 10-year high
EV/Sales against its own 10 years 21.16%
10-year low 10-year high
EV/FCF against its own 10 years 1.77%
10-year low 10-year high

Dividends

Payout Ratio 2.07
Annual Dividend Rate 4.42
Annual Dividend Yield 3.47%
total individual payouts
2029 Powerpack
2028 Powerpack
2027 Powerpack
2026 4.33
1.10
1.10
1.12
2025 4.36
1.08
1.08
1.10
1.10
2024 4.28
1.06
1.06
1.08
1.08
2023 4.16
1.02
1.02
1.06
1.06
2022 4.02
0.99
0.99
1.02
1.02
2021 3.78
0.90
0.90
0.99
0.99
2020 3.56
0.88
0.88
0.90
0.90
2019 3.46
0.85
0.85
0.88
0.88
2018 3.26
0.78
0.78
0.85
0.85
2017 3.06
0.75
0.75
0.78
0.78
2016 2.84
0.67
0.67
0.75
0.75
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 62 70 59 43
Receivables 737 619 656 616
Inventory 1,039 1,209 1,127 1,187
Other 130 248 132 146
1,967 2,147 1,973 1,991
2024 2025 2026 Q'26
Payables 1,336 1,289 1,175 1,205
ST’ Debt 1,590 641 571 344
Other 356 301 384 515
3,761 2,652 2,538 2,289

Compound Annual Growth %

10y 5y 3y
Sales 1.48% 2.49% 2.00%
Cash Flow 0.09% (1.20%) 7.25%
Earnings 0.00% 0.00% 0.00%
Book Value (2.32%) (7.36%) (8.73%)

Revenue $m

Jul Oct Jan Apr Year
’26 2,219 — — — —
’26 2,113 2,330 2,339 2,268 9,051
’25 2,125 2,271 2,186 2,144 8,726
’24 1,805 1,939 2,229 2,206 8,179
’23 1,873 2,205 2,216 2,235 8,529
’22 1,858 2,050 2,057 2,034 7,999
’21 1,972 2,034 2,077 1,920 8,003
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jul Oct Jan Apr Year
’26 426 — — — —
’26 (11) 347 559 579 1,474
’25 173 404 239 394 1,210
’24 218 177 407 428 1,229
’23 (39) 205 585 444 1,194
’22 138 165 440 394 1,136
’21 409 379 486 291 1,565
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jul Oct Jan Apr Year
’26 338 — — — —
’26 (82) 280 487 484 1,169
’25 49 317 152 306 824
’24 68 28 250 298 643
’23 (127) 103 443 299 717
’22 70 106 322 221 719
’21 332 326 417 183 1,258
Fiscal quarters ending in the months shown.

EPS $

Jul Oct Jan Apr Year
’26 3.03 — — — —
’26 (0.41) 2.26 (6.79) 3.64 (1.30)
’25 1.74 (0.23) (6.22) (6.85) (11.56)
’24 1.79 1.90 1.13 2.30 7.13
’23 1.03 1.79 1.95 (5.70) (0.86)
’22 1.42 1.90 0.64 1.87 5.83
’21 2.08 2.02 2.32 1.35 7.79
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to April

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 99.57 91.32 91.95 91.88 110.53 119.82 107.33 105.69 93.30 88.25

Analyst estimates 2027–2029

Powerpack
High 143.68 133.38 128.43 125.62 140.65 160.53 163.07 134.62 121.48 135.89
People
People Employees 7,140 7,000 7,400 7,300 7,100 6,700 5,800 9,000 8,000 8,000
Revenue/emp, $m 1.04 1.05 1.06 1.07 1.13 1.19 1.47 0.91 1.09 1.13
Income, $m
Income, $m Revenue 7,392 7,357 7,838 7,801 8,003 7,999 8,529 8,179 8,726 9,051
Gross margin, % 38.35 38.55 37.20 38.48 39.22 33.76 32.85 38.09 38.79 33.53
EBT 878 861 702 1,027 1,172 844 (9) 996 (1,047) (62)
EBT margin, % 11.88 11.70 8.95 13.16 14.64 10.55 (0.11) 12.18 (12.00) (0.69)
Net income 592 1,339 514 780 876 632 (91) 744 (1,231) (139)
Depreciation 419 558 544 447 453 459 431 431 2,164 1,065
Per share, $
Per share, $ Revenue 64.00 65.11 69.30 68.79 71.45 74.13 80.31 78.57 82.01 84.83
Earnings 5.11 11.79 4.52 6.84 7.79 5.84 (0.86) 7.14 (11.56) (1.30)
Cash flow 9.17 10.78 10.09 11.07 13.97 10.53 11.25 11.81 11.38 13.81
Capex (1.66) (2.73) (3.18) (2.37) (2.74) (3.87) (4.50) (5.63) (3.64) (2.85)
Free cash flow 7.51 8.05 6.91 8.69 11.23 6.66 6.75 6.18 7.74 10.96
Book value 59.31 69.83 70.47 72.23 72.54 75.44 68.65 73.91 57.17 51.96
Shares, m 116 113 113 113 112 108 106 104 106 107
Valuation, ×
Valuation, × P/E 24.68 9.68 27.07 16.82 16.86 23.10 0.00 16.06 0.00 0.00
P/S 1.97 1.75 1.77 1.67 1.83 1.82 1.96 1.46 1.42 1.16
P/B 2.12 1.63 1.74 1.59 1.81 1.79 2.29 1.55 2.03 1.89
EV/Sales 2.67 2.38 2.51 2.34 2.39 2.36 2.33 2.48 2.29 1.92
EV/FCF 22.80 19.27 25.18 18.53 15.17 26.27 27.73 31.49 24.26 14.85
Cash, $m
Cash, $m Operating cash flow 1,059 1,218 1,141 1,255 1,565 1,136 1,194 1,229 1,210 1,474
Capex (192) (308) (360) (269) (307) (417) (477) (586) (387) (304)
Free cash flow 867 910 781 986 1,258 719 717 643 824 1,169
Balance, $m
Balance, $m Working capital (191) 521 (716) 386 (926) 57 872 (1,794) (505) (565)
Total debt 5,399 4,832 5,911 5,621 4,752 4,491 4,348 8,364 7,678 6,964
Net debt 5,232 4,639 5,810 5,230 4,417 4,321 3,205 8,302 7,608 6,905
Shareholders’ equity 6,850 7,891 7,971 8,191 8,125 8,140 7,291 7,694 6,083 5,544
Returns, %
Returns, % ROA 3.73 8.61 3.20 4.60 5.25 3.90 (0.59) 4.22 (6.51) (0.82)
ROIC 5.39 5.21 4.21 5.70 6.91 5.14 0.94 5.10 (3.08) 1.81
ROE 8.51 18.07 6.45 9.59 10.70 7.75 (1.18) 9.93 (17.87) (2.39)
Negative figures in brackets.

All 10 years →

Fiscal years to Apr 2026 · latest quarter Jul 2026

Charts ten years each

The J. M. Smucker Company vs peers in Packaged Foods (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GIS General Mills, Inc. $17.6B — (loss-making) 10.6× −2.83% (below 0%: shrinking) −66.67% (below 0%: shrinking) −28.59% (below 0%: shrinking) 33.88% 14.43% Compare
JBS JBS N.V. $13.6B 12.8× 9.2× +13.82% (above 0%: growing) n/m +238.90% (above 0%: growing) 10.83% 2.50% Compare
SJM The J. M. Smucker Company $13.5B 59.3× 12.9× +5.02% (above 0%: growing) n/m +511.71% (above 0%: growing) 44.14% 23.05%
MKC McCormick & Company, Incorporated $12.3B 8.3× 15.7× +17.39% (above 0%: growing) −53.76% (below 0%: shrinking) −45.61% (below 0%: shrinking) 39.26% 10.72% Compare
MICC The Magnum Ice Cream Company N.V. $11.3B — — — — — — — Compare
HRL Hormel Foods Corporation $11.1B 32.4× 16.1× −2.36% (below 0%: shrinking) −66.67% (below 0%: shrinking) +107.16% (above 0%: growing) 15.92% 2.49% Compare
DAR Darling Ingredients Inc. $9.6B 16.3× 13.8× +16.37% (above 0%: growing) +2,950.00% (above 0%: growing) +428.22% (above 0%: growing) 29.20% 32.20% Compare
LW Lamb Weston $7.5B 28.9× 14.4× +0.66% (above 0%: growing) −54.02% (below 0%: shrinking) −47.29% (below 0%: shrinking) 15.96% 4.92% Compare
SFD Smithfield Foods, Inc. $7.3B 6.9× 10.0× −2.27% (below 0%: shrinking) +27.08% (above 0%: growing) −1.54% (below 0%: shrinking) 12.95% 7.86% Compare
Median of peers $11.2B 14.5× 13.8× +0.66% −53.89% −1.54% 15.96% 7.86%

All 71 Packaged Foods stocks →

SJM metrics, ten years each

The J. M. Smucker Company (SJM) key facts

  • Concern: The J. M. Smucker Company reported a net loss of $138.7 million, or a loss of $1.30 per share, for fiscal 2026.
  • Strength: The J. M. Smucker Company’s revenue for fiscal 2026 (year ended April 2026) was $9.1 billion, up 3.72% from fiscal 2025.
  • The J. M. Smucker Company (SJM) is a Packaged Foods company in the Consumer Defensive sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, SJM traded at $127.43, a market capitalization of $13.5 billion.
  • At that price the stock trades at 59.3× trailing-twelve-month earnings and 1.5× sales; its P/E is higher than 100% of its own readings over the past ten years.
  • The J. M. Smucker Company pays an annual dividend of $4.42 per share, a yield of 3.47%.
  • Return on equity was −2.39% and debt-to-equity 1.17.
  • Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 1.17 (distress zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

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stockrow.com/SJM · Data as of Jul 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com