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The J.M. Smucker Company SJM Effective Income Tax Rate Reconciliation, Tax Credit, Percent

Effective Income Tax Rate Reconciliation, Tax Credit, Percent at other companies

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-4.8%
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0.9%
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0.4%-0.7pp
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-2.7%+10.8pp

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:EffectiveIncomeTaxRateReconciliationTaxCredits.

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 effective income tax rate reconciliation, tax credit, percent?
The J.M. Smucker Company (SJM) reported effective income tax rate reconciliation, tax credit, percent of -5.8% in Q1 2026.
What does effective income tax rate reconciliation, tax credit, percent mean?
The percentage reduction in the effective tax rate due to government tax credits.
How do you interpret effective income tax rate reconciliation, tax credit, percent?
Higher values indicate more effective utilization of tax incentives, which lowers the overall tax burden.
How does effective income tax rate reconciliation, tax credit, percent compare across companies?
Widely used across all industries to assess the impact of tax planning and government subsidies.