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Segments

By segment

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Away From Home$97M-4.2%
Sweet Baked Snacks$41.9M-9.3%
Other$36.8M-3.7%

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$12.74B+9.5%
Enterprise value$19.66B-0.3%
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:SellingGeneralAndAdministrativeExpense.

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, except per share data)Year Ended April 30, 2026Year Ended April 30, 2025Year Ended April 30, 2024
Net sales$9,050.9$8,726.1$8,178.7
Cost of products sold (A)6,016.45,341.45,063.3
Gross Profit3,034.53,384.73,115.4
Selling, distribution, and administrative expenses1,496.61,529.01,446.2
Amortization210.6219.3191.1
Goodwill impairment charges507.51,661.6
Other intangible assets impairment charges454.2320.9
Other special project costs (A)21.135.8130.2

Item 8. Financial Statements and Supplementary Data.

FAQ

What is The J.M. Smucker Company's SG&A?
The J.M. Smucker Company (SJM) reported SG&A of $357.8M in Q1 2026.
How has The J.M. Smucker Company's SG&A changed year-over-year?
The J.M. Smucker Company's SG&A decreased by 6.0% year-over-year, from $380.6M to $357.8M.
What is the long-term trend for The J.M. Smucker Company's SG&A?
Over 4 years (2022 to 2026), The J.M. Smucker Company's SG&A has grown at a 2.4% compound annual growth rate (CAGR), from $1.36B to $1.5B.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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