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The J.M. Smucker Company SJM Construction in progress

Construction in progress at other companies

McCormick & Company, Incorporated logo
McCormick & Company, IncorporatedMKC
$186.8M-24.4%
General Mills logo
General MillsGIS
$598.1M-33.5%
The Kraft Heinz Company logo
The Kraft Heinz CompanyKHC

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:ConstructionInProgressGross.

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 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?
The value of capital projects currently being built or installed that are not yet operational.
How do you interpret construction in progress?
An increase suggests active capital expansion or facility upgrades, while a decrease may indicate project completion or a slowdown in capital expenditure.
How does construction in progress compare across companies?
Common across manufacturing firms; high levels indicate significant growth-oriented capital investment cycles.