The J. M. Smucker Company (SJM)

The J. M. Smucker Company Income Statement

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

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

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q