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The J.M. Smucker Company SJM Supply chain finance program, payments

Supply chain finance program, payments at other companies

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General MillsGIS
$1.02B

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:SupplierFinanceProgramObligationDecreaseSettlement.

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 supply chain finance program, payments?
The J.M. Smucker Company (SJM) reported supply chain finance program, payments of $331.9M in Q1 2026.
How has The J.M. Smucker Company's supply chain finance program, payments changed year-over-year?
The J.M. Smucker Company's supply chain finance program, payments decreased by 5.3% year-over-year, from $350.4M to $331.9M.
What does supply chain finance program, payments mean?
The total amount of cash paid to financial institutions to settle obligations arising from supply chain finance programs.
How do you interpret supply chain finance program, payments?
An increase in settlements indicates higher utilization of supply chain finance to manage liquidity, while a decrease may signal a reduction in reliance on these programs or changes in payment terms with suppliers.
How does supply chain finance program, payments compare across companies?
Commonly disclosed by large consumer goods and retail companies as part of their working capital and liquidity management strategies; peers often report this to provide transparency into off-balance sheet or structured financing arrangements.