The J. M. Smucker Company (SJM)

The J. M. Smucker Company Income Statement

Financials in millions USD. Fiscal year is May - April.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan 31, 2026	Apr 30, 2025	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021
Revenue	8,927	8,726	8,179	8,529	7,999	8,003
Revenue Growth (YoY)	1.58%	6.69%	-4.11%	6.63%	-0.05%	2.59%
Cost of Revenue	5,873	5,332	5,060	5,721	5,278	4,861
Gross Profit	3,054	3,394	3,118	2,808	2,721	3,142
Selling, General & Admin	1,526	1,539	1,455	1,470	1,376	1,540
Amortization of Goodwill & Intangibles	204.3	219.3	191.1	206.9	223.6	233
Other Operating Expenses	-9.9	-18.1	29.2	-40.8	-55.8	-3.4
Operating Expenses	1,721	1,740	1,675	1,636	1,544	1,769
Operating Income	1,333	1,654	1,443	1,172	1,178	1,373
Interest Expense	-387.5	-388.7	-264.3	-152	-160.9	-177.1
Other Non Operating Income (Expenses)	-0.5	-4.5	10.1	4.1	3.2	8.5
EBT Excluding Unusual Items	945.2	1,261	1,189	1,024	1,020	1,204
Merger & Restructuring Charges	-41	-	-	-	-28.5	-24.1
Impairment of Goodwill	-1,375	-1,662	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-26.9	-3.8	-	-
Gain (Loss) on Sale of Assets	0.9	-310.1	-12.9	-1,019	9.6	25.3
Asset Writedown	-566.9	-320.9	-	-	-150.4	-3.8
Other Unusual Items	-50.5	-14.7	-152.9	-11.1	-6.9	-29.6
Pretax Income	-1,087	-1,047	996.4	-9.2	843.8	1,172
Income Tax Expense	168.7	184	252.4	82.1	212.1	295.6
Net Income	-1,256	-1,231	744	-91.3	631.7	876.3
Preferred Dividends & Other Adjustments	-0.1	-0.1	0.2	-0.1	1.8	3.7
Net Income to Common	-1,256	-1,231	743.8	-91.2	629.9	872.6
Net Income Growth	-	-	-	-	-27.91%	12.42%
Shares Outstanding (Basic)	107	106	104	106	108	112
Shares Outstanding (Diluted)	107	106	104	106	108	112
Shares Change (YoY)	0.33%	1.92%	-1.70%	-2.03%	-3.21%	-1.23%
EPS (Basic)	-11.78	-11.57	7.15	-0.86	5.84	7.79
EPS (Diluted)	-11.78	-11.57	7.13	-0.86	5.83	7.79
EPS Growth	-	-	-	-	-25.19%	13.97%
Free Cash Flow	971.2	816.6	642.9	717	718.8	1,258
Free Cash Flow Per Share	9.11	7.67	6.16	6.75	6.63	11.23
Dividend Per Share	4.380	4.320	4.240	4.080	3.960	3.600
Dividend Growth	1.86%	1.89%	3.92%	3.03%	10.00%	2.27%
Gross Margin	34.21%	38.89%	38.13%	32.92%	34.02%	39.26%
Operating Margin	14.94%	18.95%	17.65%	13.74%	14.72%	17.15%
Profit Margin	-14.07%	-14.10%	9.09%	-1.07%	7.88%	10.90%
Free Cash Flow Margin	10.88%	9.36%	7.86%	8.41%	8.99%	15.72%
EBITDA	1,879	2,156	1,874	1,603	1,637	1,825
EBITDA Margin	21.05%	24.71%	22.91%	18.80%	20.46%	22.81%
D&A For EBITDA	546	502.5	430.8	431	459.1	452.5
EBIT	1,333	1,654	1,443	1,172	1,178	1,373
EBIT Margin	14.94%	18.95%	17.65%	13.74%	14.72%	17.15%
Effective Tax Rate	-	-	25.33%	-	25.14%	25.22%
Advertising Expenses	-	181	182.5	160.3	176.5	224.4

Updated Feb 26, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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