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The J.M. Smucker Company SJM Finance Lease Principal Payments

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The J.M. Smucker Company logo
The J.M. Smucker CompanySJM
$1M+25.0%
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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$12.84B+8.7%
Enterprise value$19.76B-0.7%
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:FinanceLeasePrincipalPayments.

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
Line itemYear Ended April 30, 2026Year Ended April 30, 2025Year Ended April 30, 2024
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$46.5$64.4$49.2
Operating cash flows from finance leases0.50.60.5
Financing cash flows from finance leases3.73.43.3
Right-of-use assets obtained in exchange for new lease liabilities:
Operating leases72.710.298.4
Finance leases1.34.710.9

Item 8. Financial Statements and Supplementary Data.

FAQ

What is The J.M. Smucker Company's finance lease principal payments?
The J.M. Smucker Company (SJM) reported finance lease principal payments of $1M in Q1 2026.
How has The J.M. Smucker Company's finance lease principal payments changed year-over-year?
The J.M. Smucker Company's finance lease principal payments increased by 25.0% year-over-year, from $800K to $1M.
What is the long-term trend for The J.M. Smucker Company's finance lease principal payments?
Over 3 years (2023 to 2026), The J.M. Smucker Company's finance lease principal payments has grown at a 29.6% compound annual growth rate (CAGR), from $1.7M to $3.7M.
What does finance lease principal payments mean?
The portion of finance lease payments that reduces the principal balance of the lease liability. This represents the repayment of the debt-like obligation created by the lease. It is a key indicator of the company's commitment to deleveraging its lease-related debt.

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