Is the business good?
How good a business is SJM?
J.M. Smucker Company (The) earns 5.2% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
5.2%
Return on invested capital · cost of capital 9.0% · 3.8 points below what the capital costs: growth destroys value
- Operating margin
- 9.0%
Operating margin · Packaged Foods median 8.4% · 12 months to Q1 2027
- Gross margin
- 39%
Gross margin
| Year | Operating margin |
|---|---|
| FY2021 | 17% |
| FY2022 | 13% |
| FY2023 | 1.8% |
| FY2024 | 16% |
| FY2025 | −7.7% |
| FY2026 | 4.0% |
Details›
- Gross margin12 months to Q1 2027
- 39%
- Operating margin12 months to Q1 2027
- 9.0%
- Net margin12 months to Q1 2027
- 2.5%
- Free cash flow margin
- 17%
- Revenue, trailing twelve months
- $9.16B
- Free cash flow, trailing twelve months
- $1.59B
- Net income, trailing twelve months
- $230M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 5.2%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Packaged Foods
The closest names by size in the same industry