MARKETS / NYSE / SJM

NYSE · CANNED, FRUITS, VEG, PRESERVES, JAMS & JELLIES · LARGE CAP

J M Smucker Co. SJM

18 fiscal years on record · USD · FY2025 reported · SEC filings only

16 YEARS OF DIVIDEND GROWTH

Revenue

$9.1B

▲ 3.7% YoY

Net income

$-138.7M

Free cash flow

$1.2B

▲ 41.6% YoY

In brief

What this company does

The J. M. Smucker Company operates principally in one industry, the manufacturing and marketing of branded food and beverage products on a worldwide basis. In 2026, its principal products were coffee, frozen handheld products, sweet baked goods, pet snacks, peanut butter, cat food, fruit spreads, portion control products, toppings and syrups, and baking mixes and ingredients. It has five reportable segments: U.S. Retail Coffee, U.S. Retail Frozen Handheld and Spreads, and U.S. Retail Pet Foods, Sweet Baked Snacks, and Away From Home. Sales to Walmart Inc. and subsidiaries, including Sam's Club, amounted to 34 percent of net sales in 2026. During 2026, the company's top 10 customers, collectively, accounted for approximately 60 percent of consolidated net sales. The J. M. Smucker Company, often referred to as Smucker's, was established in 1897 and incorporated in Ohio in 1921.

Written from the business description in J M SMUCKER Co's annual report to the U.S. Securities and Exchange Commission, filed 9 June 2026. Every sentence was checked against that document before publication.

Growth

USD 9.1B

Revenue, FY2025 · full 18-year series below

Revenue $B Net income $B

FY2025 · Revenue 9.1 · Net income -0.1

Compound annual growth

Revenue

+2.0%

+2.5%

+1.5%

+4.3%

Dividend / share

+2.5%

+4.1%

+5.1%

+6.6%

Returned to shareholders

−15.4%

−15.3%

−4.7%

−1.3%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +2.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−2 cents

lost on every revenue dollar

Operating margin Net margin

FY2025 · Operating 4.0% · Net -1.5%

ROE

FY2025 · ROE -2.4%

Gross margin33.5%

Operating margin4.0%

Net margin-1.5%

Return on assets-0.8%

EBITDAUSD 706.6M

Each USD of equity lost 2 cents this year.

Cash & shareholders

USD 470.3M

returned in FY2025 · dividends + net buybacks

Free cash flow $B

FY2025 · FCF 1.2

Net buybacks $M Dividends $M

FY2025 · Dividends 464.7 · Net buybacks 5.6

Dividends paidUSD 464.7M

Net buybacksUSD 5.6M

Share of profit-339.1%

Consecutive raises16 years

USD 464.7M in dividends and USD 5.6M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 16.2B

EquityUSD 5.5B

CashUSD 58.6M

Gross debtUSD 6.5B

Net debtUSD 6.5B

Current ratio0.78×

Net debt stands at 117% of equity.

The 18-year record

18 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue $B	9.1	8.7	8.2	8.5	8.0	8.0	7.8	7.8	7.4	7.4	7.8	5.7	5.6	5.9	5.5	4.8	4.6	3.8
Operating income $B	0.4	−0.7	1.3	0.2	1.0	1.4	1.2	0.9	1.0	1.0	1.1	0.8	0.9	0.9	0.8	0.8	0.8	0.5
EBITDA $B	0.7	−0.4	1.5	0.4	1.3	1.6	1.4	1.1	1.3	1.3	1.4	0.9	1.1	1.1	0.9	0.9	0.9	0.5
Income tax $B	0.1	0.2	0.3	0.1	0.2	0.3	0.2	0.2	−0.5	0.3	0.3	0.2	0.3	0.3	0.2	0.2	0.2	0.1
Net income $B	−0.1	−1.2	0.7	−0.1	0.6	0.9	0.8	0.5	1.3	0.6	0.7	0.3	0.6	0.5	0.5	0.5	0.5	0.3
Free cash flow $B	1.2	0.8	0.6	0.7	0.7	1.3	1.0	0.8	0.9	0.9	1.3	0.5	0.6	0.6	0.5	0.2	0.6	0.3
EPS, diluted $	−1.30	−11.57	7.13	−0.86	5.83	7.79	6.84	4.52	11.78	5.10	5.76	3.33	5.42	5.00	4.06	4.05	4.15	3.11
Dividend / sh $	4.40	4.32	4.24	4.08	3.96	3.60	3.52	3.40	3.12	3.00	2.68	2.56	2.32	2.08	1.92	1.68	1.45	6.31
Payout %	−335	−37	59	−471	66	46	51	73	26	57	46	74	42	41	46	40	34	42
ROE %	−2.4	−17.9	9.9	−1.2	7.8	10.7	9.6	6.5	18.2	8.5	9.8	5.7	11.1	10.6	8.8	9.0	9.6	5.4
Shares out B	0.11	0.11	0.11	0.10	0.11	0.11	0.11	0.11	0.11	0.11	0.12	0.12	0.10	0.11	0.11	0.11	0.12	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 79 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 16 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityCanned, Fruits, Veg, Preserves, Jams & Jellies

Listed onNYSE

Incorporated inOhio

Fiscal year endsApril 30

Data on record since2008