The J. M. Smucker CompanySJM
NYSE•Consumer Defensive•Packaged Foods
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.
The J.M. Smucker Company (SJM) reported trailing twelve months revenue of $8.93B as of January 2026, a 1.6% increase year-over-year. Quarterly revenue reached $2.34B, reflecting continued top-line momentum.
The J.M. Smucker Company reported a TTM net loss of $1.26B, with quarterly EBITDA of $557.40M. The operating margin expanded from -27.2% to -23.4%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (-23.4%) and net margin (-31.0%) indicates moderate non-operating costs. Net margin has narrowed from -30.3% a year ago, reflecting increased costs or interest expense.
SJM trades at a P/S of 1.3x. The price-to-book ratio of 2.1x reflects a moderate premium to book value.
The company generated $487.00M in free cash flow over the trailing twelve months, a 221.9% increase year-over-year, indicating strong cash generation ability. The balance sheet shows $16.27B in total assets with $6.84B in long-term debt against $5.24B in stockholders equity for a debt-to-equity ratio of 1.3. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are under pressure, averaging -2.0%. The business may lack pricing power or face rising costs.'
ROE is low or negative, suggesting limited competitive advantage or capital allocation challenges.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
Revenue shows resilience with 4 of 7 quarters posting growth — demand is generally stable but has seen some soft patches.
Data-driven red flags and warnings across 21 quarters
Operating margins dropped 306.4% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.
FCF consistently trails net income (avg -1.2x) — earnings may be inflated by non-cash items or aggressive accounting.
Debt-to-equity has risen 41.3% recently — increasing financial risk even if the current ratio is manageable.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Share count is stable — no significant dilution or buyback activity.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation