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Screener / SEC EDGAR /CIK 0000091419 /10-K filed Jun 9, 2026, compared with Jun 18, 2025 /Numbers from the XBRL of the 10-Ks
Consumer staples peers:
HRLCHDMNSTSTZSJMMKC
NYSE Consumer staples · Packaged Foods

J.M. Smucker SJM

SJM quote by TradingView

The Company: The J. M. Smucker Company (“Company,” “registrant,” “we,” “us,” or “our”), often referred to as Smucker’s (a registered trademark), was established in 1897 and incorporated in Ohio in 1921. 10-K, Item 1

Headquarters
Orrville, OH
CEO
Mark T. Smucker
Next results
around Nov 24, 2026
Compare with peers Embed

Where each dollar of revenue went, FY2024

Revenue of $8.2B through the costs to a net profit of $744.0M · income statement of the 10-K

16% operating margin
Revenue to Gross profit: $3.1BRevenue to Cost of revenue: $5.1BGross profit to Operating profit: $1.3BGross profit to Operating expenses: $1.8BOperating profit to Net profit: $744.0MOperating profit to Tax & other: $561.8M Revenue: $8.2B REVENUE $8.2B −4% Y/Y Gross profit: $3.1B · 38% margin GROSS PROFIT $3.1B 38% margin · +11% Y/Y Cost of revenue: $5.1B · 62% of revenue COST OF REVENUE $5.1B 62% of revenue Operating profit: $1.3B · 16% margin OPERATING PROFIT $1.3B 16% margin · +729% Y/Y Operating expenses: $1.8B · 22% of revenue OPERATING EXPENSES $1.8B 22% of revenue Net profit: $744.0M · 9% margin NET PROFIT $744.0M 9% margin Tax & other: $561.8M · 7% of revenue TAX & OTHER $561.8M 7% of revenue
Gross profit $3.1B 38% margin · +11% Y/Y
Operating profit $1.3B 16% margin · +729% Y/Y
Net profit $744.0M 9% margin
The full income statement, year by year

SJM among Consumer staples peers

Six ratios from the latest 10-K. Each corner is the share of 32 peers the company is above, not a score.

Compare
Revenue growth: 3.7%, above 59% of 32 peers (their median 2.0%) REVENUE GROWTH 3.7% · above 59% Gross margin: 38.7%, above 47% of 30 peers (their median 40.5%) GROSS MARGIN 38.7% · above 47% Operating margin: 9.0%, above 39% of 28 peers (their median 14.1%) OPERATING MARGIN 9.0% · above 39% Net margin: 2.5%, above 22% of 32 peers (their median 8.8%) NET MARGIN 2.5% · above 22% FCF margin: 17.3%, above 75% of 32 peers (their median 10.4%) FCF MARGIN 17.3% · above 75%
SJM Peer median Below the median

What changed

6 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Jun 9, 2026 against Jun 18, 2025.

Risk factors
6 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Critical audit matters changed
New this year: Hostess brand trademark and Sweet Baked Snacks reporting unit interim impairment test (“As discussed in Note 1 and Note 7 of the consolidated financial statements, the Company’s goodwill and indefinite-lived trademarks are quantitatively tested for impairment at least annually on February 1, or when events or circumstances occur that would more likely than not reduce the fair value of ”); Quantitative impairment assessment of goodwill and indefinite-lived trademarks (“At April 30, 2026, the Company’s total goodwill and indefinite-lived trademarks were $5.2 billion and $2.6 billion, respectively. Goodwill is assigned to the Company’s reporting units as of the acquisition date. As discussed in Note 1 and Note 7 of the consolidated financial statements, the Company’”). No longer listed: Hostess brand indefinite-lived intangible trademark impairment evaluation; To test the estimated fair value of the Hostess brand indefinite-lived intangible trademark, we; Sweet Baked Snacks goodwill impairment evaluation; Auditing the Company’s quantitative impairment tests of the Sweet Baked Snacks reporting; Baked Snacks reporting unit, including controls over the significant assumptions mentioned; To test the estimated fair value of the Sweet Baked Snacks reporting unit, we performed; Company in its quantitative test. As it pertains to revenue growth, we compared the; We assessed the historical accuracy of management’s estimates. In addition, we involved; Specifically, we evaluated the components of the weighted average cost of capital
10-K · XBRL
Accounting checks
10 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
0 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Critical audit matters changed
    New this year: Hostess brand trademark and Sweet Baked Snacks reporting unit interim impairment test (“As discussed in Note 1 and Note 7 of the consolidated financial statements, the Company’s goodwill and indefinite-lived trademarks are quantitatively tested for impairment at least annually on February 1, or when events or circumstances occur that would more likely than not reduce the fair value of ”); Quantitative impairment assessment of goodwill and indefinite-lived trademarks (“At April 30, 2026, the Company’s total goodwill and indefinite-lived trademarks were $5.2 billion and $2.6 billion, respectively. Goodwill is assigned to the Company’s reporting units as of the acquisition date. As discussed in Note 1 and Note 7 of the consolidated financial statements, the Company’”). No longer listed: Hostess brand indefinite-lived intangible trademark impairment evaluation; To test the estimated fair value of the Hostess brand indefinite-lived intangible trademark, we; Sweet Baked Snacks goodwill impairment evaluation; Auditing the Company’s quantitative impairment tests of the Sweet Baked Snacks reporting; Baked Snacks reporting unit, including controls over the significant assumptions mentioned; To test the estimated fair value of the Sweet Baked Snacks reporting unit, we performed; Company in its quantitative test. As it pertains to revenue growth, we compared the; We assessed the historical accuracy of management’s estimates. In addition, we involved; Specifically, we evaluated the components of the weighted average cost of capital
  • Receivables +6.0% vs revenue +3.7% (+2.3 pts)
9 more checks with nothing to note
  • Cash from operations $1.5B vs net income −$138.7M (FY ending Apr 30, 2026)
  • Inventory -6.9% vs revenue +3.7% (-10.6 pts)
  • Same auditor in both 10-Ks: Ernst & Young LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

6 paragraphs in Risk Factors that were not in the 10-K filed Jun 18, 2025. Quoted as filed.

All 6 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Jun 18, 2025 10-K, ITEM 1A
    In particular, the anticipated benefits of our acquisition of Hostess Brands depend in part on our ability to maintain operational stability and continue executing ongoing optimization initiatives. The Hostess Brands business has been substantially integrated into our operations; however, managing a larger and more complex organization…
  2. Item 1A · new paragraph · not in the 10-K filed Jun 18, 2025 10-K, ITEM 1A
    We could be subject to adverse publicity or claims from consumers or other stakeholders.
  3. Item 1A · new paragraph · not in the 10-K filed Jun 18, 2025 10-K, ITEM 1A
    Market perceptions and stakeholder engagement may impact our stock price and business. Our stock price may be influenced by a variety of factors, including stakeholder sentiment regarding our industry or Company and differing perspectives on our strategy, governance, or capital allocation. Stakeholders may from time to time engage with…
  4. Item 1A · new paragraph · not in the 10-K filed Jun 18, 2025 10-K, ITEM 1A
    Geopolitical conflicts and evolving international trade and regulatory conditions have adversely affected, and may continue to adversely affect, the global economy and financial markets. Governments in various jurisdictions have implemented, and may continue to implement, sanctions, trade restrictions, export controls, or other…

New risk paragraphs, against peers

Latest 10-K of each, Consumer staples companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2023FY2024FY2025FY2026
Revenue$8.5B$8.2B$8.7B$9.1B
Net income−$91.3M$744.0M−$1.2B−$138.7M
Operating cash flow$1.2B$1.2B$1.2B$1.5B
Free cash flow$717.0M$642.9M$816.6M$1.2B

Revenue, FY2017 to FY2026

Ten fiscal years, each from its own 10-K · XBRL · USD

$9.1B ▲ 3.7% in FY2026

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Every number, year by year

Recent filings

No new filings in the last 30 days · SEC EDGAR

All filings

Nothing new. The most recent filings:

About the company

J.M. Smucker, Orrville, OH · from the 10-K filed Jun 9, 2026

The Company: The J. M. Smucker Company (“Company,” “registrant,” “we,” “us,” or “our”), often referred to as Smucker’s (a registered trademark), was established in 1897 and incorporated in Ohio in 1921. We operate principally in one industry, the manufacturing and marketing of branded food and beverage products on a worldwide basis, although the majority of our sales are in the United States (“U.S.”). Operations outside the U.S. are principally in Canada, although our products are exported to other countries as well. Net sales outside the U.S., subject to foreign currency translation, represented 4 percent of consolidated net sales for 2026.

Headquarters
Orrville, OH
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
April 30
Last results
Aug 26, 2026
Incorporated in
OH

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Sources

The 10-K filed Jun 9, 2026 (open at SEC), compared with the 10-K filed Jun 18, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

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