Sales up 3.7%, free cash flow up to $1.2B
The latest figures
All key numbers (33) From EDGAR
| EPS (ttm) | 2.14 | Sales (ttm) | 9.2B | Net income (ttm) | 229.5M | Sales growth | +3.7% | EPS growth | - | Sales Q/Q | +5.0% |
| Free cash flow | 1.6B | Gross margin | 38.7% | Oper. margin | 9.0% | Net margin | 2.5% | FCF margin | 17.3% | ROE | 4.0% |
| ROA | 1.4% | R&D / sales | - | Dividend | 4.40 | Debt/Eq | 1.17 | Curr. ratio | 0.87 | Cash | 43.2M |
| Op. cash flow (ttm) | 1.9B | EBITDA | 706.6M | EBITDA margin | 7.8% | Net debt | 6.7B | Quick ratio | 0.38 | Stock pay / sales | 0.3% |
| Shares out. | 106.8M | Book / share | 53.83 | Cash / share | 0.40 | Sales / share | 85.72 | Asset turnover | 0.57 | Inventory turns | 5.34 |
| Days sales out. | 26 | Sales 3Y CAGR | +2.0% | Sales 5Y CAGR | +2.5% |
Hover or tap a number to see the XBRL line item and filing it comes from; click it to open that filing at SEC. What each number means. Looks wrong? Tell us.
Changes in the numbers
FY2026 against FY2025-
Free cash flow rose 42%$816.6M → $1.2B · Cash from operations − capital expenditure · 10-K ↗
-
Operating margin widened to 4.0%-7.7% → 4.0% · Operating income / revenue · 10-K ↗
SJM against Consumer staples peers
Ten years, side by side → · All 34 →Each side 0 to 100, ranked against every company we cover: relative position on reported figures, not a buy score. How
Every dot is one of the 34 companies, the better end on the right. Hover a dot for the company.
| Company | Revenue (ttm) | Sales growth | Gross margin | Net margin | ROE | FCF margin | Debt / equity |
|---|---|---|---|---|---|---|---|
| SJM J.M. Smucker | $9.2B | +3.7% | 38.7% | 2.5% | 4.0% | 17.3% | 1.17 |
| MNST Monster Beverage | $9.6B | +10.7% | 55.3% | 22.7% | 22.1% | 20.0% | 0.04 |
| STZ Constellation Brands | $9.2B | -10.5% | 52.7% | 20.9% | 22.4% | 20.0% | 1.20 |
| MKC McCormick & Company | $7.7B | +1.7% | 39.1% | 19.4% | 21.3% | 12.0% | 0.72 |
| CLX Clorox | $7.6B | +0.2% | 44.7% | 11.9% | - | 10.7% | - |
| CHD Church & Dwight | $6.2B | +1.6% | 46.1% | 12.4% | 17.3% | 16.9% | 0.49 |
From $8.0B of sales to $631.7M of profit
FY2022, from the 10-K income statementSwipe sideways for the whole flow →
From $8.2B of sales to $744.0M of profit
FY2024, from the 10-K income statement and revenue by regionSwipe sideways for the whole flow →
Where each $100 of sales went
- Cost of revenue
- Sales, admin & other
- Tax & other
- Net profit
Band widths are the money. Gross profit is revenue less cost of revenue; operating expenses are gross profit less operating profit; R&D is from the income statement and the rest of the operating expenses is everything else; tax includes interest and other items when they are small. Y/Y is the change from the fiscal year before. Revenue by part only for the years in the last two 10-Ks' segment tables. The full income statement →
Profitability
0 of 4- !Net margin below the peer median2.5% vs 8.0%
- !Gross margin down over 5 years39.2% → 33.5%
- !Return on equity below 15%4.0%
- !A profit in 7 of 10 years
Balance sheet
0 of 3- !Debt larger than equityDebt / equity 1.17 on the latest balance sheet (peer median 0.82)
- !Current ratio below 1Current ratio 0.87
- !Net debt over 3 years of free cash flow$6.7B net debt, 4.2 years
Cash and shareholders
2 of 2- ✓Free cash flow positive in every one of 10 years$1.2B last year
- ✓Dividend per share up over 5 years$3.60 → $4.40
Each tick is a fact with a fixed rule (on /methodology), not a score or advice. A check without the numbers it needs is left out.
$- of principal due
From the balance sheet in the latest 10-K or 10-Q (XBRL). When each part falls due, year by year, and the debt note's own lines are on the Debt tab.
Revenue and net income, FY2017 to FY2026
Revenue 9.1B Net income -138.7MFrom XBRL in each 10-K. Hover a bar for the line item and filing. Full financials →
Income statement, balance sheet and cash flow
SJM's income statement, balance sheet and cash flow as reported to the SEC in XBRL, one column per fiscal year. Hover a number to see the line item and filing it comes from. Where a company changed how it tags a line, the first tag it reported for that period is used. A number looks wrong? Tell us.
The segments changed
10-K filed 2026-06-09Compared with the 10-K of Jun 18, 2025: new segment Away From Home .
When a company changes its segments, the years before are usually recast, so growth by segment is not comparable with what earlier 10-Ks showed. Found by comparing the segments with revenue in the last two 10-Ks (XBRL) and by the 10-K's own words, without AI.
Revenue by business segment
year to Apr 30, 2026| Revenue | Share | vs year before | |
|---|---|---|---|
| U.S.Retail Coffee | 3.3B | 36.5% | +17.8% |
| U.S.Retail Frozen Handheld And Spreads | 1.9B | 20.5% | -1.2% |
| U.S.Retail Pet Foods | 1.6B | 17.7% | -3.8% |
| Sweet Baked Snacks | 971.3M | 10.7% | -17.6% |
| Away From Home | 879.0M | 9.7% | +15.2% |
| All Other Segments | 441.8M | 4.9% | +1.1% |
10-K 0000091419-26-000050, segment and revenue notes (XBRL).
Revenue by region
year to Apr 30, 2026| Revenue | Share | vs year before | |
|---|---|---|---|
| United States | 8.6B | 94.7% | +3.9% |
| Total international | 482.7M | 5.3% | +0.5% |
| Canada | 340.8M | 3.8% | -3.3% |
| All other international | 141.9M | 1.6% | +10.9% |
10-K 0000091419-26-000050, segment and revenue notes (XBRL).
Income statement
From EDGAR| FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.4B | 7.4B | 7.8B | 7.8B | 8.0B | 8.0B | 8.5B | 8.2B | 8.7B | 9.1B |
| Cost of revenue | 4.6B | 4.5B | 4.9B | 4.8B | 4.9B | 5.3B | 5.7B | 5.1B | 5.3B | 6.0B |
| Gross profit | 2.8B | 2.8B | 2.9B | 3.0B | 3.1B | 2.7B | 2.8B | 3.1B | 3.4B | 3.0B |
| R&D | 58.1M | - | - | - | - | - | - | - | - | - |
| SG&A | 1.4B | 1.4B | 1.5B | 1.5B | 1.5B | 1.4B | 1.5B | 1.4B | 1.5B | 1.5B |
| Operating income | 1.0B | 1.0B | 928.6M | 1.2B | 1.4B | 1.0B | 157.5M | 1.3B | -673.9M | 360.2M |
| Pretax income | 878.4M | 861.0M | 701.6M | 1.0B | 1.2B | 843.8M | -9.2M | 996.4M | -1.0B | -62.4M |
| Income tax | 286.1M | -477.6M | 187.2M | 247.2M | 295.6M | 212.1M | 82.1M | 252.4M | 184.0M | 76.3M |
| Net income | 592.3M | 1.3B | 514.4M | 779.5M | 876.3M | 631.7M | -91.3M | 744.0M | -1.2B | -138.7M |
| EPS (diluted) | 5.10 | 11.78 | 4.52 | 6.84 | 7.79 | 5.83 | -0.86 | 7.13 | -11.57 | -1.30 |
| Diluted shares | 115.6M | 113.0M | 113.1M | 113.4M | 112.0M | 108.4M | - | - | - | - |
| Depreciation & amortization | 211.7M | 206.3M | 206.0M | 210.2M | 219.5M | 235.5M | 224.1M | 239.7M | 283.2M | 346.4M |
| EBITDA | 1.3B | 1.3B | 1.1B | 1.4B | 1.6B | 1.3B | 381.6M | 1.5B | -390.7M | 706.6M |
| Gross margin | 38.4% | 38.5% | 37.2% | 38.5% | 39.2% | 33.8% | 32.8% | 38.1% | 38.8% | 33.5% |
| Operating margin | 14.1% | 14.2% | 11.8% | 15.7% | 17.3% | 12.8% | 1.8% | 16.0% | -7.7% | 4.0% |
| Net margin | 8.0% | 18.2% | 6.6% | 10.0% | 11.0% | 7.9% | -1.1% | 9.1% | -14.1% | -1.5% |
| Revenue growth | - | -0.5% | +6.5% | -0.5% | +2.6% | 0.0% | +6.6% | -4.1% | +6.7% | +3.7% |
| EPS growth | - | +131% | -61.6% | +51.3% | +13.9% | -25.2% | -115% | - | -262% | - |
Balance sheet
From EDGAR| FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash | 166.8M | 192.6M | 101.3M | 391.1M | 334.3M | 169.9M | 655.8M | 62.0M | 69.9M | 58.6M |
| Receivables | 438.7M | 385.6M | 503.8M | 551.4M | 533.7M | 524.7M | 597.6M | 736.5M | 619.0M | 656.3M |
| Inventory | 905.7M | 854.4M | 910.3M | 895.3M | 959.9M | 1.1B | 1.0B | 1.0B | 1.2B | 1.1B |
| Current assets | 1.6B | 1.6B | 1.6B | 2.0B | 1.9B | 2.0B | 2.9B | 2.0B | 2.1B | 2.0B |
| Property & equipment | 1.6B | 1.7B | 1.9B | 2.0B | 2.0B | 2.1B | 2.2B | 3.1B | 3.1B | 3.0B |
| Goodwill | 6.1B | 5.9B | 6.3B | 6.3B | 6.0B | 6.0B | 5.2B | 7.6B | 5.7B | 5.2B |
| Total assets | 15.6B | 15.3B | 16.7B | 17.0B | 16.3B | 16.1B | 15.0B | 20.3B | 17.6B | 16.2B |
| Accounts payable | 477.2M | 512.1M | 591.0M | 782.0M | 1.0B | 1.2B | 1.4B | 1.3B | 1.3B | 1.2B |
| Current liabilities | 1.8B | 1.0B | 2.3B | 1.6B | 2.9B | 2.0B | 2.0B | 3.8B | 2.7B | 2.5B |
| Total debt | 5.4B | 4.8B | 5.9B | 5.6B | 4.8B | 4.5B | 4.3B | 8.4B | 7.7B | 7.0B |
| Total liabilities | 8.8B | 7.4B | 8.7B | 8.8B | 8.2B | 7.9B | 7.7B | 12.6B | 11.5B | 10.7B |
| Shareholders' equity | 6.9B | 7.9B | 8.0B | 8.2B | 8.1B | 8.1B | 7.3B | 7.7B | 6.1B | 5.5B |
| Retained earnings | 1.2B | 2.2B | 2.4B | 2.7B | 2.8B | 2.9B | 2.1B | 2.2B | 501.8M | -101.3M |
Cash flow
From EDGAR| FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1.1B | 1.2B | 1.1B | 1.3B | 1.6B | 1.1B | 1.2B | 1.2B | 1.2B | 1.5B |
| Capital spending | 192.4M | 321.9M | 359.8M | 269.3M | 306.7M | 417.5M | 477.4M | 586.5M | 393.8M | 317.4M |
| Free cash flow | 866.6M | 896.1M | 781.4M | 985.5M | 1.3B | 718.8M | 717.0M | 642.9M | 816.6M | 1.2B |
| Stock-based pay (added back) | 22.0M | 15.4M | 20.7M | 26.8M | 28.7M | 22.3M | 25.6M | 23.9M | 29.9M | 23.6M |
| Dividends paid | 339.3M | 350.3M | 377.9M | 396.8M | 403.2M | 418.1M | 430.2M | 437.5M | 455.4M | 464.7M |
| Buybacks | 437.6M | 7.0M | 5.4M | 4.2M | 678.4M | 270.4M | 367.5M | 372.8M | 3.3M | 5.6M |
| Acquisitions | 0 | 0 | 1.9B | 0 | 0 | 0 | 0 | 3.9B | 0 | 0 |
| Debt raised | 0 | 799.6M | 1.5B | 798.2M | 0 | 797.6M | 0 | 4.3B | 650.0M | 0 |
| Debt repaid | 200.0M | 1.1B | 700.0M | 900.0M | 700.0M | 1.2B | 0 | 1.8B | 1.3B | 500.0M |
| Investing cash flow | -189.7M | -277.6M | -1.9B | -271.5M | 311.1M | -355.5M | 256.2M | -4.0B | -100.3M | -258.8M |
| Financing cash flow | -806.1M | -922.0M | 699.0M | -688.7M | -1.9B | -944.5M | -964.6M | 2.1B | -1.1B | -1.2B |
| Dividend per share | 3.00 | 3.12 | 3.40 | 3.52 | 3.60 | 3.96 | 4.08 | 4.24 | 4.32 | 4.40 |
Stock-based pay and leases
From EDGAR| FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based pay (expense) | 22.0M | 15.4M | 20.7M | 26.8M | 28.7M | 22.3M | 25.6M | 23.9M | 29.9M | 23.6M |
| Stock-based pay / revenue | 0.3% | 0.2% | 0.3% | 0.3% | 0.4% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% |
| Operating lease cost | - | - | - | 51.7M | 45.4M | 43.8M | 42.2M | 49.7M | 46.2M | 47.6M |
| Operating lease cash paid | - | - | - | 50.8M | 45.7M | 45.6M | 44.3M | 49.2M | 64.4M | 46.5M |
| Finance lease principal paid | - | - | - | 2.8M | 2.6M | 2.1M | 1.7M | 3.3M | 3.4M | 3.7M |
| Right-of-use assets | - | - | 0 | 148.4M | 142.0M | 106.5M | 103.0M | 174.6M | 115.4M | 148.8M |
| Operating lease liabilities | - | - | 166.6M | 156.5M | 153.9M | 116.3M | 110.4M | 184.0M | 121.6M | 155.7M |
| Finance lease liabilities | - | - | - | 5.7M | 4.3M | 3.9M | 3.4M | 11.1M | 12.5M | 10.4M |
From SEC's XBRL company facts (data.sec.gov). EBITDA = operating income + depreciation and amortization; free cash flow = operating cash flow - capital spending; total debt = long-term debt (with its current part) + short-term borrowings. Stock-based pay and leases are shown as the company reports them; Tickdelta does not take them out of earnings or add leases to debt. Click a number to open the filing in SEC's Inline XBRL viewer, where you can click the same number to see how it is tagged. Values a company later revised show as revised; the Revised numbers tab lists the changes.