J M SMUCKER profit margin SJM
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 2.5%
- Operating margin, 12 months
- 9.0%
- Net margin on a year earlier
- +19.3 pts
- Peer median
- 5.5%
Over the twelve months to Jul 31, 2026, J M SMUCKER kept 2.5% of its revenue as net profit, with an operating margin of 9.0% and a gross margin of 38.7%.
Five years earlier its net margin was 10.1%.
The median for 10 packaged Foods stocks of a similar size is 5.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | −1.5% | 4.0% | 33.5% |
| FY2025 | −14.1% | −7.7% | 38.8% |
| FY2024 | 9.1% | 16.0% | 38.1% |
| FY2023 | −1.1% | 1.8% | 32.8% |
| FY2022 | 7.9% | 12.8% | 33.8% |
| FY2021 | 11.0% | 17.3% | 39.2% |
| FY2020 | 10.0% | 15.7% | 38.5% |
| FY2019 | 6.6% | 11.8% | 37.2% |
| FY2018 | 18.2% | 14.2% | 38.5% |
| FY2017 | 8.0% | 14.0% | 38.4% |
| FY2016 | 8.8% | 14.7% | 38.0% |
| FY2015 | 6.1% | 13.6% | 34.6% |
| FY2014 | 10.1% | 16.4% | 36.2% |
| FY2013 | 9.2% | 15.4% | 34.4% |
| FY2012 | 8.3% | 14.1% | 33.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q1 FY27 | 2.5% | +19.3 pts | 9.0% | |
| Q4 FY26 | −1.5% | +12.6 pts | 4.0% | |
| Q3 FY26 | −14.1% | −11.1 pts | −7.7% | |
| Q2 FY26 | −13.6% | −19.6 pts | −8.3% | |
| Q1 FY26 | −16.8% | −25.5 pts | −11.2% | |
| Q4 FY25 | −14.1% | −23.2 pts | −7.7% | |
| Q3 FY25 | −2.9% | −1.7 pts | 3.8% | |
| Q2 FY25 | 6.0% | +6.1 pts | 13.8% | |
| Q1 FY25 | 8.8% | +9.0 pts | 15.9% | |
| Q4 FY24 | 9.1% | +10.2 pts | 16.0% | |
| Q3 FY24 | −1.2% | −9.8 pts | 3.2% | |
| Q2 FY24 | −0.2% | −7.2 pts | 3.5% |
Against its peers
Companies in Packaged Foods nearest J M SMUCKER's size, closest first, today.
| Company | Profit margin |
|---|---|
| SJMJ M SMUCKER | 2.5% |
| MKCMccormick | 19.4% |
| HRLHormel Foods | 2.8% |
| LWLamb Weston | 3.8% |
| SFDSmithfield Foods | 6.8% |
| KHCKraft Heinz | −13.6% |
| CPBCAMPBELL'S | 4.1% |
| INGRIngredion | 8.2% |
| POSTPost | 3.5% |
| FRPTFreshpet | 17.3% |
| MZTIMarzetti | 9.9% |
| Peer median | 5.5% |
Where J M SMUCKER ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on J M SMUCKER
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.