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The J.M. Smucker Company SJM Short Term Lease Cost

Short Term Lease Cost at other companies

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$8.15M+1.2%

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:ShortTermLeaseCost.

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 short term lease cost?
The J.M. Smucker Company (SJM) reported short term lease cost of $9.5M in Q1 2026.
How has The J.M. Smucker Company's short term lease cost changed year-over-year?
The J.M. Smucker Company's short term lease cost decreased by 20.2% year-over-year, from $11.9M to $9.5M.
What is the long-term trend for The J.M. Smucker Company's short term lease cost?
Over 3 years (2023 to 2026), The J.M. Smucker Company's short term lease cost has grown at a -3.1% compound annual growth rate (CAGR), from $44.5M to $40.5M.
What does short term lease cost mean?
The cost of renting assets for short periods of one year or less.
How do you interpret short term lease cost?
Higher costs indicate a preference for short-term operational flexibility over long-term capital commitments.
How does short term lease cost compare across companies?
Standardized under ASC 842; reported by all companies with short-term rental obligations.