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McCormick & Company, Incorporated logo
McCormick & Company, IncorporatedMKC
$56.28M+2.9%

Other financials

Income statement

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Revenue$2.3B+5.8%
Gross profit$862.1M+4.7%
Operating income$444.5M+174%
Net income-$724.2M-9.3%
EPS (diluted)-$6.79-9.2%

Balance sheet

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Cash & equivalents$58.6M-16.2%
Total debt$7.0B-10.6%
Total equity$5.5B-8.9%
Total assets$16.2B-7.7%

Cash flow

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Operating cash flow$579.2M+47.0%
CapEx$95.3M+0.3%
Free cash flow$483.9M+61.9%

Valuation

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Market cap$11.82B-15.1%
Enterprise value$18.75B-13.4%
P/S1.3×-0.3×

Profitability

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Gross margin33.5%-5.3pp
Operating margin4%+2.4pp
Net margin-14.1%-19.1pp
FCF margin12.8%+3.4pp

Returns & leverage

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Return on equity-20.7%-26.1pp
Debt / equity1.3×0.0×
Current ratio0.8×0.0×

Where this comes from

Reported directly by The J.M. Smucker Company in its filing.

Tagged under the XBRL concept us-gaap:AdvertisingExpense.

The official record: The J.M. Smucker Company’s 10-K, filed June 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The J.M. Smucker Company's advertising?
The J.M. Smucker Company (SJM) reported advertising of $44.83M in Q1 2026.
How has The J.M. Smucker Company's advertising changed year-over-year?
The J.M. Smucker Company's advertising decreased by 0.9% year-over-year, from $45.25M to $44.83M.
What is the long-term trend for The J.M. Smucker Company's advertising?
Over 3 years (2023 to 2026), The J.M. Smucker Company's advertising has grown at a 3.8% compound annual growth rate (CAGR), from $160.3M to $179.3M.
What does advertising mean?
Total money spent on marketing and advertising campaigns.
How do you interpret advertising?
Higher spending may signal aggressive growth strategies or new product launches, while lower spending could indicate cost-cutting or reduced marketing efficacy.
How does advertising compare across companies?
Common in consumer packaged goods; compared as a percentage of net sales against industry peers.