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The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. The company operates through four segments: U.S. Retail Coffee, U.S. Retail Frozen Handheld and Spreads, U.S. Retail Pet Foods, and Sweet Baked Snacks. It offers coffee, sweet baked goods, pet snacks, frozen handheld products, peanut butter, cat and dog food, fruit and specialty spreads, cookies, frozen sandwiches and snacks, hot beverages, portion control products, toppings and syrups, baking mixes and ingredients, and flour. The company provides its products under the Folgers, Café Bustelo, Dunkin', Jif, Smucker's, Smucker's Uncrustables, Meow Mix, Milk-Bone, Pup-Peroni, Canine Carry Outs, Hostess, 1850, Robin Hood, and Five Roses brands. The company sells its products through direct sales and brokers to food retailers, club stores, discount and dollar stores, online retailers, pet specialty stores, distributors, drug stores, military commissaries, mass merchandisers, supermarket chains, national mass retailers, convenience stores, vending channels, and foodservice distributors and operators. The J. M. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $8.7B | $-156M | $-1.2B | $817M | -20.2% | 6.7% | -265.4% |
| 2024 | $8.2B | $1.7B | $744M | $643M | 9.7% | -4.1% | -914.9% |
| 2023 | $8.5B | $574M | $-91M | $717M | -1.3% | 6.6% | -114.5% |
| 2022 | $8.0B | $1.5B | $632M | $719M | 7.8% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 7,998.90 | 8,529.20 | 8,178.70 | 8,726.10 |
| Operating Revenue | 7,998.90 | 8,529.20 | 8,178.70 | 8,726.10 |
| Cost Of Revenue | 5,298.20 | 5,727.40 | 5,063.30 | 5,341.40 |
| Gross Profit | 2,700.70 | 2,801.80 | 3,115.40 | 3,384.70 |
| Operating Expense | 1,528.10 | 1,621.10 | 1,666.50 | 1,730.20 |
| Selling General And Administration | 1,360.30 | 1,455 | 1,446.20 | 1,529 |
| Total Expenses | 6,826.30 | 7,348.50 | 6,729.80 | 7,071.60 |
| Operating Income | 1,172.60 | 1,180.70 | 1,448.90 | 1,654.50 |
| Total Operating Income As Reported | 1,023.80 | 157.50 | 1,305.80 | -673.90 |
| EBITDA | 1,463.80 | 573.80 | 1,711 | -155.60 |
| Normalized EBITDA | 1,612.60 | 1,597 | 1,854.10 | 2,172.80 |
| EBIT | 1,004.70 | 142.80 | 1,280.20 | -658.10 |
| Interest Income | - | - | - | 30.20 |
| Interest Expense | 160.90 | 152 | 283.80 | 388.70 |
| Net Interest Income | -160.90 | -152 | -283.80 | -358.50 |
| Other Non Operating Income Expenses | -19.10 | -14.70 | -25.60 | -14.40 |
| Other Income Expense | -167.90 | -1,037.90 | -168.70 | -2,342.80 |
| Interest Income Non Operating | - | - | - | 30.20 |
| Interest Expense Non Operating | 160.90 | 152 | 283.80 | 388.70 |
| Net Non Operating Interest Income Expense | -160.90 | -152 | -283.80 | -358.50 |
| Pretax Income | 843.80 | -9.20 | 996.40 | -1,046.80 |
| Tax Provision | 212.10 | 82.10 | 252.40 | 184 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | -37.35 | -214.87 | -36.20 | -488.96 |
| Net Income Continuous Operations | 631.70 | -91.30 | 744 | -1,230.80 |
| Net Income From Continuing And Discontinued Operation | 631.70 | -91.30 | 744 | -1,230.80 |
| Net Income From Continuing Operation Net Minority Interest | 631.70 | -91.30 | 744 | -1,230.80 |
| Net Income | 631.70 | -91.30 | 744 | -1,230.80 |
| Net Income Common Stockholders | 629.90 | -91.20 | 743.80 | -1,230.70 |
| Net Income Including Noncontrolling Interests | 631.70 | -91.30 | 744 | -1,230.80 |
| Normalized Income | 743.15 | 717.03 | 850.90 | 608.64 |
| Diluted NI Availto Com Stockholders | 629.90 | -91.20 | 743.80 | -1,230.70 |
| Basic Average Shares | 108.20 | 106.20 | 104.10 | 106.40 |
| Diluted Average Shares | 108.40 | 106.20 | 104.40 | 106.40 |
| Reconciled Depreciation | 459.10 | 431 | 430.80 | 502.50 |
| Reconciled Cost Of Revenue | 5,062.70 | 5,503.30 | 4,823.60 | 5,058.20 |
| Total Unusual Items | -148.80 | -1,023.20 | -143.10 | -2,328.40 |
| Total Unusual Items Excluding Goodwill | -148.80 | -1,023.20 | -143.10 | -2,328.40 |
| Special Income Charges | -148.80 | -1,023.20 | -143.10 | -2,328.40 |
| Gain On Sale Of Business | 1.60 | -1,018.50 | -12.90 | -310.10 |
| Other Special Charges | - | 4.70 | 130.20 | 35.80 |
| Impairment Of Capital Assets | 150.40 | 0 | 0 | 1,982.50 |
| Restructuring And Mergern Acquisition | 8 | 4.70 | 130.20 | - |
| Depreciation Amortization Depletion Income Statement | 223.60 | 206.90 | 191.10 | 219.30 |
| Depreciation And Amortization In Income Statement | 223.60 | 206.90 | 191.10 | 219.30 |
| Total Other Finance Cost | - | - | 19.50 | -30.20 |
| Other Operating Expenses | -55.80 | -40.80 | 29.20 | -18.10 |
| Otherunder Preferred Stock Dividend | 1.80 | -0.10 | 0.20 | -0.10 |
| Amortization | 223.60 | 206.90 | 191.10 | 219.30 |
| Amortization Of Intangibles Income Statement | 223.60 | 206.90 | 191.10 | 219.30 |
Consumer Defensive sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| The J. M. Smucker Companythis co. | SJM | $10.8B | -8.76 | 1.77 | -20.2% | -118.74 |
| Church & Dwight Co., Inc. | CHD | $22.3B | 30.27 | 5.57 | 18.4% | 18.54 |
| Dollar Tree, Inc. | DLTR | $21.0B | 16.37 | 5.59 | 34.2% | 11.57 |
| Tyson Foods, Inc. | TSN | $20.0B | 42.26 | 1.11 | 2.6% | 10.71 |
| General Mills, Inc. | GIS | $17.2B |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.49 |
| 1.87 |
| 24.9% |
| 8.19 |
| Hormel Foods Corporation | HRL | $12.8B | 26.80 | 1.62 | 6.1% | 14.92 |
| McCormick & Company, Incorporated | MKC | $12.5B | 15.88 | 2.18 | 13.8% | 12.38 |
| Brown-Forman Corporation | BF-B | $11.7B | 13.44 | 2.92 | 21.8% | 10.83 |
| The Clorox Company | CLX | $10.8B | 13.38 | 33.76 | 252.3% | 9.78 |
| Peer Median | - | 16.13 | 2.55 | 20.1% | 11.20 | |