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The J.M. Smucker Company SJM Construction in progress

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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:ConstructionInProgressGross.

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
(Dollars in millions)April 30, 2026April 30, 2025
Land and land improvements158.1157.5
Buildings and fixtures1,465.21,383.5
Machinery and equipment3,456.93,257.1
Construction in progress546.1619.4
Gross Property, Plant, and Equipment5,626.35,417.5
Accumulated depreciation(2,594.2)(2,337.9)
Total Property, Plant, and Equipment3,032.13,079.6
Other Noncurrent Assets

Item 8. Financial Statements and Supplementary Data.

FAQ

What is The J.M. Smucker Company's construction in progress?
The J.M. Smucker Company (SJM) reported construction in progress of $546.1M in Q1 2026.
How has The J.M. Smucker Company's construction in progress changed year-over-year?
The J.M. Smucker Company's construction in progress decreased by 11.8% year-over-year, from $619.4M to $546.1M.
What is the long-term trend for The J.M. Smucker Company's construction in progress?
Over 5 years (2021 to 2026), The J.M. Smucker Company's construction in progress has grown at a 14.1% compound annual growth rate (CAGR), from $282.3M to $546.1M.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.

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