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Federal at other companies

McCormick & Company, Incorporated logo
McCormick & Company, IncorporatedMKC
$19.15M-25.6%
General Mills logo
General MillsGIS
$137.25M+7.1%

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:CurrentFederalTaxExpenseBenefit.

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 federal?
The J.M. Smucker Company (SJM) reported federal of $33.78M in Q1 2026.
How has The J.M. Smucker Company's federal changed year-over-year?
The J.M. Smucker Company's federal decreased by 40.7% year-over-year, from $57M to $33.78M.
What is the long-term trend for The J.M. Smucker Company's federal?
Over 3 years (2023 to 2026), The J.M. Smucker Company's federal has grown at a -14.7% compound annual growth rate (CAGR), from $217.9M to $135.1M.
What does federal mean?
The amount of federal income tax the company owes for the current period.
How do you interpret federal?
Changes reflect fluctuations in taxable income and the impact of tax law changes or credits.
How does federal compare across companies?
Standard tax footnote disclosure; comparable across all US-based public companies.