J.M. Smucker Co.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.36B | $7.39B | $7.81B | $5.69B | $5.61B | $5.90B | $5.53B | $4.83B |
| U.S. Retail Coffee | $2.09B | $2.11B | — | — | — | — | — | — |
| U.S. Retail Consumer Foods | $2.00B | $2.09B | — | — | — | — | — | — |
| U.S. Retail Pet Foods | $2.17B | $2.14B | — | — | — | — | — | — |
| International and Away From Home | $1.10B | $1.06B | — | — | — | — | — | — |
| U.S. Retail Frozen Handheld and Spreads | — | — | — | — | — | — | — | — |
| Sweet Baked Snacks | — | — | — | — | — | — | — | — |
| Cost of Revenue | $4.52B | $4.56B | $4.84B | $3.72B | $3.58B | $3.87B | $3.68B | $3.03B |
| Gross Profit | $2.84B | $2.84B | $2.97B | $1.97B | $2.03B | $2.03B | $1.85B | $1.80B |
| Gross Margin | 38.5% | 38.4% | 38.0% | 34.6% | 36.2% | 34.4% | 33.4% | 37.3% |
| Operating Expenses | ||||||||
| Research & Development | — | $58.1M | $58.8M | $32.5M | $24.3M | $24.7M | $21.9M | $21.0M |
| SG&A Expense | $1.36B | $1.38B | $1.51B | $1.03B | $988.8M | $973.9M | $892.7M | $863.1M |
| Operating Income | $1.04B | $1.04B | $1.15B | $772.0M | $919.0M | $910.4M | $778.3M | $784.3M |
| Operating Margin | 14.2% | 14.1% | 14.7% | 13.6% | 16.4% | 15.4% | 14.1% | 16.3% |
| Interest Expense | — | — | — | — | — | — | $81.3M | $69.6M |
| Pretax Income | $861.0M | $878.4M | $977.9M | $523.0M | $849.7M | $817.3M | $701.2M | $717.2M |
| Income Tax Expense | $-477.6M | $286.1M | $289.2M | $178.1M | $284.5M | $273.1M | $241.5M | $237.7M |
| Net Income | $1.34B | $592.3M | $688.7M | $344.9M | $565.2M | $544.2M | $459.7M | $479.5M |
| Net Margin | 18.2% | 8.0% | 8.8% | 6.1% | 10.1% | 9.2% | 8.3% | 9.9% |
| EPS (Basic) | $11.79 | $5.11 | $5.77 | $3.33 | $5.42 | $5.00 | $4.06 | $4.06 |
| EPS (Diluted) | $11.78 | $5.10 | $5.76 | $3.33 | $5.42 | $5.00 | $4.06 | $4.05 |
| Shares Outstanding (Basic) | 113.0M | 115.5M | 118.9M | 103.0M | 103.5M | 108.8M | 113.3M | 118.2M |
| Shares Outstanding (Diluted) | 113.0M | 115.6M | 119.0M | 103.0M | 103.5M | 108.9M | 113.3M | 118.3M |
| Dividends Per Share | $3.12 | $3.00 | $2.68 | $2.56 | $2.32 | $2.08 | $1.92 | $1.68 |