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R&D at other companies

McCormick & Company, Incorporated logo
McCormick & Company, IncorporatedMKC
$26.53M+3.1%
General Mills logo
General MillsGIS
$64.15M-0.5%
Church & Dwight logo
Church & DwightCHD

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:ResearchAndDevelopmentExpense.

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 R&D?
The J.M. Smucker Company (SJM) reported R&D of $13.8M in Q1 2026.
How has The J.M. Smucker Company's R&D changed year-over-year?
The J.M. Smucker Company's R&D increased by 6.8% year-over-year, from $12.93M to $13.8M.
What is the long-term trend for The J.M. Smucker Company's R&D?
Over 2 years (2024 to 2026), The J.M. Smucker Company's R&D has grown at a 6.0% compound annual growth rate (CAGR), from $49.1M to $55.2M.
What does R&D mean?
Total spending on developing new products or improving existing ones.
How do you interpret R&D?
Increased investment suggests a focus on future innovation and product pipeline, while a decrease may indicate a shift toward short-term profitability.
How does R&D compare across companies?
Standard in manufacturing and food science; compared as a percentage of revenue to assess innovation intensity.