J.M. Smucker Co.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.05B | $8.73B | $8.18B | $8.53B | $8.00B | $8.00B | $7.80B | $7.84B |
| U.S. Retail Coffee | — | $2.81B | $2.70B | — | — | — | — | $2.12B |
| U.S. Retail Consumer Foods | — | — | — | — | — | — | — | $1.76B |
| U.S. Retail Pet Foods | — | $1.66B | $1.82B | — | — | — | — | $2.88B |
| International and Away From Home | — | $1.20B | $1.20B | — | — | — | — | $1.08B |
| U.S. Retail Frozen Handheld and Spreads | — | $1.88B | $1.82B | — | — | — | — | — |
| Sweet Baked Snacks | — | $1.18B | $637.0M | — | — | — | — | — |
| Cost of Revenue | $6.02B | $5.34B | $5.06B | $5.73B | $5.30B | $4.86B | $4.80B | $4.92B |
| Gross Profit | $3.03B | $3.38B | $3.12B | $2.80B | $2.70B | $3.14B | $3.00B | $2.92B |
| Gross Margin | 33.5% | 38.8% | 38.1% | 32.8% | 33.8% | 39.2% | 38.5% | 37.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.50B | $1.53B | $1.45B | $1.46B | $1.36B | $1.52B | $1.47B | $1.51B |
| Operating Income | $360.2M | $-673.9M | $1.31B | $157.5M | $1.02B | $1.39B | $1.22B | $928.6M |
| Operating Margin | 4.0% | -7.7% | 16.0% | 1.8% | 12.8% | 17.3% | 15.7% | 11.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-62.4M | $-1.05B | $996.4M | $-9.2M | $843.8M | $1.17B | $1.03B | $701.6M |
| Income Tax Expense | $76.3M | $184.0M | $252.4M | $82.1M | $212.1M | $295.6M | $247.2M | $187.2M |
| Net Income | $-138.7M | $-1.23B | $744.0M | $-91.3M | $631.7M | $876.3M | $779.5M | $514.4M |
| Net Margin | -1.5% | -14.1% | 9.1% | -1.1% | 7.9% | 11.0% | 10.0% | 6.6% |
| EPS (Basic) | $-1.30 | $-11.57 | $7.14 | $-0.86 | $5.84 | $7.79 | $6.84 | $4.52 |
| EPS (Diluted) | $-1.30 | $-11.57 | $7.13 | $-0.86 | $5.83 | $7.79 | $6.84 | $4.52 |
| Shares Outstanding (Basic) | 106.7M | 106.5M | 106.2M | 102.0M | 107.9M | 112.0M | 113.4M | 113.1M |
| Shares Outstanding (Diluted) | 106.7M | 106.5M | 106.2M | 102.0M | 108.4M | 112.0M | 113.4M | 113.1M |
| Dividends Per Share | $4.40 | $4.32 | $4.24 | $4.08 | $3.96 | $3.60 | $3.52 | $3.40 |