Latest revenue
$2.34B
as of 2026-01-31
Latest net income
$-526.8M
as of 2026-01-31
Net margin
-22.5%
as of 2026-01-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $11.02B
- Enterprise value
- $19.35B
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- 2.11×
- Dividend yield
- 4.3%
- 52-wk high
- $119.39
- 52-wk low
- $88.25
- Beta
- —
- Shares out
- 106.6M
5-year trend
dashed bar = fiscal Q4 derived from 10-K annual − Q1 − Q2 − Q3 (SEC requires only three 10-Qs per year).
What this company does
J.M. Smucker makes and sells branded packaged foods, including Uncrustables sandwiches, Folgers and Café Bustelo coffee, Jif peanut butter, Smucker's jams, and Milk-Bone pet snacks. Revenue comes almost entirely from selling these consumer packaged goods through grocery retailers and mass merchants in North America. The company took roughly $962 million in goodwill and intangible asset impairment charges this quarter, signaling significant value destruction from its 2023 Hostess Brands acquisition and pushing retained earnings into a deficit.
Generated from SJM's filing dated 2025-06-18
Key risks
- Massive impairments: $507.5M goodwill and $454.2M intangible writedowns this quarter signal acquired brands (likely Hostess) continue underperforming.
- Heavy leverage: $6.84B long-term debt plus $487M short-term borrowings against just $52.8M cash; nine-month interest expense $293M.
- Margin compression: gross profit fell to $827.8M from $878.1M as COGS jumped 15.6%, while $348M dividends outpace shrinking earnings power.
Generated from SJM's filing dated 2025-06-18
Profitability
Gross margin
38.8%
1.8%Operating margin
-7.7%
148.4%Net margin
-14.1%
255.1%Return on equity
-20.2%
309.3%Return on assets
-7.0%
291.0%Leverage
Debt / equity
1.89×
15.4%Long-term debt / equity
1.16×
31.4%Debt / assets
65.4%
5.3%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-01-31 | $2.34B | +7.0% | $-526.8M | -5.0% | -22.5% |
Q4 2025 2025-10-31 | $2.33B | +2.6% | $197.4M | +905.7% | 8.5% |
Q3 2025 2025-07-31 | $2.11B | -0.6% | $-43.9M | -123.7% | -2.1% |
Q2 2025 2025-04-30 | $2.14B | -2.8% | $-889.5M | -462.9% | -41.5% |
Q1 2025 2025-01-31 | $2.19B | -1.9% | $-501.8M | -516.8% | -23.0% |
Q4 2024 2024-10-31 | $2.27B | +17.2% | $-24.5M | -112.6% | -1.1% |
Q3 2024 2024-07-31 | $2.13B | +17.7% | $185.0M | +0.8% | 8.7% |
Q2 2024 2024-04-30 | $2.21B | — | $245.1M | — | 11.1% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Canned, Fruits, Veg, Preserves, Jams & Jellies · SIC 2033
Your notes
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Insider activity
Insider buying
$200.7K
Insider selling
$2.0M
Net activity
−$1.8M
Distinct insiders
3
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns SJM
Institutional value
$4.74B
Total shares held
51.5M
Distinct holders
574
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 6.7M | $650.6M | — | New |
| 2 | BlackRock, Inc. | 6.7M | $648.7M | — | New |
| 3 | UBS Group AG | 6.0M | $577.6M | — | New |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.9M | $470.4M | — | New |
| 5 | DIMENSIONAL FUND ADVISORS LP | 3.9M | $378.1M | — | New |
| 6 | Invesco Ltd. | 2.3M | $224.1M | — | New |
| 7 | ProShare Advisors LLC | 1.6M | $157.7M | — | New |
| 8 | DEUTSCHE BANK AG\ | 1.0M | $100.7M | — | New |
| 9 | Bank of New York Mellon Corp | 856.0K | $82.6M | — | New |
| 10 | JPMORGAN CHASE & CO | 790.1K | $75.2M | — | New |
| 11 | FIRST TRUST ADVISORS LP | 657.2K | $63.4M | — | New |
| 12 | STALEY CAPITAL ADVISERS INC | 637.7K | $61.5M | — | New |
| 13 | VANGUARD FIDUCIARY TRUST CO | 596.1K | $57.5M | — | New |
| 14 | WELLS FARGO & COMPANY/MN | 550.8K | $53.1M | — | New |
| 15 | JANE STREET GROUP, LLC | 508.9K | $49.1M | — | New |
| 16 | Vest Financial, LLC | 506.7K | $48.9M | — | New |
| 17 | Advisors Capital Management, LLC | 434.4K | $41.9M | — | New |
| 18 | NOMURA ASSET MANAGEMENT CO LTD | 376.7K | $36.3M | — | New |
| 19 | PRUDENTIAL FINANCIAL INC | 360.5K | $34.8M | — | New |
| 20 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 325.1K | $31.4M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Goodwill and intangible impairments now total $961.7M this quarter alone—which specific brand or segment drove this, and is Hostess fully written down?
- 2
With $7.3B of debt, accumulated deficit of $373M, and only $53M cash, why maintain the $1.10 dividend rather than accelerate deleveraging?
- 3
Gross margin compressed to 35.4% from 40.2% YoY—how much is tariffs, green coffee costs, and Hostess mix, and when does it stabilize?
Refreshed when SJM files a new report · last from 2025-06-18