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The J.M. Smucker Company SJM Other — Payments to Acquire Property, Plant, and Equipment

Discontinued — last reported Q4 '23

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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$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:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: The J.M. Smucker Company’s 10-K, filed June 20, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is The J.M. Smucker Company's other — payments to acquire property, plant, and equipment?
The J.M. Smucker Company (SJM) reported other — payments to acquire property, plant, and equipment of $5.63M in Q1 2023.
How has The J.M. Smucker Company's other — payments to acquire property, plant, and equipment changed year-over-year?
The J.M. Smucker Company's other — payments to acquire property, plant, and equipment increased by 19.0% year-over-year, from $4.73M to $5.63M.
What is the long-term trend for The J.M. Smucker Company's other — payments to acquire property, plant, and equipment?
Over 2 years (2021 to 2023), The J.M. Smucker Company's other — payments to acquire property, plant, and equipment has grown at a -4.0% compound annual growth rate (CAGR), from $24.4M to $22.5M.
What does other — payments to acquire property, plant, and equipment mean?
The amount of money invested in physical assets like factories and equipment for the segment.
How do you interpret other — payments to acquire property, plant, and equipment?
Higher spending typically signals investment in capacity expansion or modernization, while lower spending may indicate a focus on cash flow generation or asset maturity.
How does other — payments to acquire property, plant, and equipment compare across companies?
A standard industry metric for manufacturing companies; peers report this to demonstrate their commitment to operational infrastructure.