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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:InventoryNet.

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)April 30, 2026April 30, 2025
Inventories:
Finished products584.1680.0
Raw materials542.4529.4
Total Inventory1,126.51,209.4
Other current assets131.7248.3
Total Current Assets1,973.12,146.6
Property, Plant, and Equipment
Land and land improvements158.1157.5

Item 8. Financial Statements and Supplementary Data.

FAQ

What is The J.M. Smucker Company's inventories?
The J.M. Smucker Company (SJM) reported inventories of $1.13B in Q1 2026.
How has The J.M. Smucker Company's inventories changed year-over-year?
The J.M. Smucker Company's inventories decreased by 6.9% year-over-year, from $1.21B to $1.13B.
What is the long-term trend for The J.M. Smucker Company's inventories?
Over 5 years (2021 to 2026), The J.M. Smucker Company's inventories has grown at a 3.3% compound annual growth rate (CAGR), from $959.9M to $1.13B.
What does inventories mean?
Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

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