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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$12.74B+9.5%
Enterprise value$19.66B-0.3%
P/S1.4×+0.1×

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:Depreciation.

The source filing: The J.M. Smucker Company’s 10-K, filed June 9, 2026.

Filed
Jun 9, 2026, 4:21 PM EDT
Fiscal year
FY2026
Accession
0000091419-26-000050
(Dollars in millions)Year Ended April 30, 2026Year Ended April 30, 2025Year Ended April 30, 2024
Operating Activities
Net income (loss)$(138.7)$(1,230.8)$744.0
Adjustments to reconcile net income (loss) to net cash provided by (used for) operations:
Depreciation346.4283.2239.7
Amortization210.6219.3191.1
Goodwill impairment charges507.51,661.6
Other intangible assets impairment charges454.2320.9
Realized loss on investment in equity securities – net21.5

Item 8. Financial Statements and Supplementary Data.

FAQ

What is The J.M. Smucker Company's D&A?
The J.M. Smucker Company (SJM) reported D&A of $74.5M in Q1 2026.
How has The J.M. Smucker Company's D&A changed year-over-year?
The J.M. Smucker Company's D&A increased by 6.7% year-over-year, from $69.8M to $74.5M.
What is the long-term trend for The J.M. Smucker Company's D&A?
Over 4 years (2022 to 2026), The J.M. Smucker Company's D&A has grown at a 10.1% compound annual growth rate (CAGR), from $235.5M to $346.4M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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