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The J.M. Smucker Company SJM Change in Inventories

Change in Inventories at other companies

McCormick & Company, Incorporated logo
McCormick & Company, IncorporatedMKC
-$35.1M-400%
General Mills logo
General MillsGIS
-$283.6M-23.8%
Hormel Foods logo
Hormel FoodsHRL
$114.4M-45.9%
The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC
$195M-10.1%
Mondelez International logo
Mondelez InternationalMDLZ
-$314M-205%
Walmart
 logo
Walmart WMT

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:IncreaseDecreaseInInventories.

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 change in inventories?
The J.M. Smucker Company (SJM) reported change in inventories of -$44.7M in Q1 2026.
How has The J.M. Smucker Company's change in inventories changed year-over-year?
The J.M. Smucker Company's change in inventories decreased by 136.8% year-over-year, from $121.4M to -$44.7M.
What does change in inventories mean?
The change in the total value of products and materials held in stock.
How do you interpret change in inventories?
An increase in inventory consumes cash and may signal overproduction or slowing sales, while a decrease releases cash and suggests strong demand or lean inventory management.
How does change in inventories compare across companies?
Highly comparable across the packaged food industry where inventory turnover is a critical performance driver.