The J. M. Smucker Company
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-138.7M | $-1.23B | $744.0M | $-91.3M | $631.7M | $876.3M | $779.5M | $514.4M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $346.4M | $283.2M | $239.7M | $224.1M | $235.5M | $219.5M | $210.2M | $206.0M |
| Amortization | $210.6M | $219.3M | $191.1M | $206.9M | $223.6M | $233.0M | $236.3M | $240.3M |
| Stock-Based Compensation | $23.6M | $29.9M | $23.9M | $25.6M | $22.3M | $28.7M | $26.8M | $20.7M |
| Net Cash from Operating Activities | $1.47B | $1.21B | $1.23B | $1.19B | $1.14B | $1.57B | $1.25B | $1.14B |
| Investing Activities | ||||||||
| Capital Expenditures | $317.4M | $393.8M | $586.5M | $477.4M | $417.5M | $306.7M | $269.3M | $359.8M |
| Business Acquisitions | $0 | $0 | $3.92B | $0 | $0 | $0 | $0 | $1.90B |
| Net Cash from Investing Activities | $-258.8M | $-100.3M | $-3.96B | $256.2M | $-355.5M | $311.1M | $-271.5M | $-1.92B |
| Financing Activities | ||||||||
| Dividends Paid | $464.7M | $455.4M | $437.5M | $430.2M | $418.1M | $403.2M | $396.8M | $377.9M |
| Stock Repurchases | $5.6M | $3.3M | $372.8M | $367.5M | $270.4M | $678.4M | $4.2M | $5.4M |
| Net Cash from Financing Activities | $-1.23B | $-1.10B | $2.14B | $-964.6M | $-944.5M | $-1.94B | $-688.7M | $699.0M |
| Net Change in Cash | $-11.3M | $7.9M | $-593.8M | $485.9M | $-164.4M | $-56.8M | $289.8M | $-91.3M |
| Free Cash Flow | $1.16B | $816.6M | $642.9M | $717.0M | $718.8M | $1.26B | $985.5M | $781.4M |