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The J.M. Smucker Company SJM Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement

Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement at other companies

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-$80.75M

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:DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1.

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 defined benefit plan, net periodic benefit cost (credit), gain (loss) due to settlement?
The J.M. Smucker Company (SJM) reported defined benefit plan, net periodic benefit cost (credit), gain (loss) due to settlement of -$26.6M in Q1 2026.
What is the long-term trend for The J.M. Smucker Company's defined benefit plan, net periodic benefit cost (credit), gain (loss) due to settlement?
Over 2 years (2021 to 2025), The J.M. Smucker Company's defined benefit plan, net periodic benefit cost (credit), gain (loss) due to settlement has grown at a -100.0% compound annual growth rate (CAGR), from -$35.5M to $0.
What does defined benefit plan, net periodic benefit cost (credit), gain (loss) due to settlement mean?
Accounting adjustments related to changes in employee pension plan obligations.
How do you interpret defined benefit plan, net periodic benefit cost (credit), gain (loss) due to settlement?
Gains indicate a reduction in long-term liabilities, while losses suggest an increase in pension obligations.
How does defined benefit plan, net periodic benefit cost (credit), gain (loss) due to settlement compare across companies?
Common for mature companies with legacy pension plans; peers with similar workforce history will show comparable adjustments.