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SJM · J M SMUCKER Co · Financials

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$118.91 -1.79 (-1.48%) At close · Sep 30
Market Cap
$12.93B
Shares
106.82M
Volume · Sep 30 1.19M Avg daily vol (3M) 1.39M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$9.05B +3.7%
FY2026 Revenue FY2017–FY2026
Net Income
-$138.7M +88.7%
FY2026 Net Income FY2009–FY2026
Gross Margin
33.53% -5.3pp
FY2026 Gross Margin FY2017–FY2026
Operating Margin
3.98% +11.7pp
FY2026 Operating Margin FY2017–FY2026
Diluted EPS
-$1.30 +88.8%
FY2026 Diluted EPS FY2009–FY2026
Operating Cash Flow
$1.47B +21.7%
FY2026 Operating Cash Flow FY2009–FY2026

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2027 (G) TTM FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
— $9.16B $9.05B $8.73B $8.18B $8.53B $8B $8B $7.8B $7.84B $7.36B $7.39B — — — — — — — —
— -$203.7M — — — — — — — -$207.9M -$174.1M -$163.1M -$171.1M -$79.9M -$79.4M -$93.4M -$79.8M -$67.1M -$62.39M -$55.49M
— $5.62B $6.02B $5.34B $5.06B $5.73B $5.3B $4.86B $4.8B $4.92B $4.52B $4.56B $4.84B $3.72B $3.58B $3.87B $3.68B $3.03B $2.82B $2.51B
— $3.54B $3.03B $3.38B $3.12B $2.8B $2.7B $3.14B $3B $2.92B $2.84B $2.84B $2.97B $1.97B $2.03B $2.03B $1.85B $1.8B $1.79B $1.25B
— — 33.53% 38.79% 38.09% 32.85% 33.76% 39.22% 38.48% 37.2% 38.55% 38.35% — — — — — — — —
— — — — — — — — — — — $58.1M $58.8M $32.5M $24.3M $24.7M $21.9M $21M $20.96M $14.5M
— $347.2M $328.1M $322.5M $305.5M $313.1M $258.7M $323.9M $298.1M $292M $287.5M $313.8M $373.2M $274.2M $251.9M $249.6M $210.9M $184.8M $181.13M $133.31M
— $1.53B $1.5B $1.53B $1.45B $1.46B $1.36B $1.52B $1.47B $1.51B $1.36B $1.38B $1.51B $1.03B $988.8M $973.9M $892.7M $863.1M $878.22M $673.57M
— $218.3M $210.6M $219.3M $191.1M $206.9M $223.6M $233M $236.3M $240.3M $206.8M $207.3M $208.4M $109.7M $98.9M $96.8M $88.1M $73.8M $73.66M $38.82M
— $15.7M $21.1M $35.8M $130.2M $4.7M $8M $20.7M $16.5M $64.1M $45.4M — $0 $15.4M $20.8M $38.8M $81.1M $102M — —
— $826.2M $360.2M -$673.9M $1.31B $157.5M $1.02B $1.39B $1.22B $928.6M $1.04B $1.04B $1.15B $772M $919M $910.4M $778.3M $784.3M $790.91M $452.28M
— — 3.98% -7.72% 15.97% 1.85% 12.8% 17.33% 15.68% 11.85% 14.19% 14.1% — — — — — — — —
— $95.2M — — — — — — — — — — — — — — $81.3M $69.59M $65.19M $62.48M
— $1.54M — — — — — — — — — — — — — — $1.5M $2.51M $2.79M $6.99M
— -$40.9M -$41.4M -$14.4M -$25.6M -$14.7M -$19.1M -$37.8M -$7.2M -$19.1M -$8.9M -$1.1M $3.7M $4.2M $10.1M $300K $2.7M $0 $2.24M -$725K
— $422M -$62.4M -$1.05B $996.4M -$9.2M $843.8M $1.17B $1.03B $701.6M $861M $878.4M $977.9M $523M $849.7M $817.3M $701.2M $717.2M $730.75M $396.07M
— $192.5M $76.3M $184M $252.4M $82.1M $212.1M $295.6M $247.2M $187.2M -$477.6M $286.1M $289.2M $178.1M $284.5M $273.1M $241.5M $237.7M $236.62M $130.11M
— $229.5M -$138.7M -$1.23B $744M -$91.3M $631.7M $876.3M $779.5M $514.4M $1.34B $592.3M $688.7M $344.9M $565.2M $544.2M $459.7M $479.5M $494.14M $265.95M
— — -1.53% -14.1% 9.1% -1.07% 7.9% 10.95% 9.99% 6.56% 18.19% 8.01% — — — — — — — —
— $555.4M — — — — — — — — — — — — $560.7M $539.5M $455.5M $474.8M — —
— $272.9M -$88.3M -$1.18B $748.6M -$93.1M $671.7M $977.9M $582.3M $449.3M $1.38B $597.3M $650.1M $286.7M $590.2M $551.6M $372.1M $503.7M — —
USD/shares — $2.15 -$1.30 -$11.57 $7.14 -$0.86 $5.84 $7.79 $6.84 $4.52 $11.79 $5.11 $5.77 $3.33 $5.42 $5.00 $4.06 $4.06 $4.15 $3.11
USD/shares $10.50 – $11.00* $2.14 -$1.30 -$11.57 $7.13G -$0.86 $5.83G $7.79G $6.84G $4.52 $11.78 $5.10 $5.76 $3.33 $5.42 $5.00 $4.06 $4.05 $4.15 $3.11
shares — — — — — — 107.9M 112M 113.4M 113.1M 113M 115.5M 118.9M 103.04M 103.5M 108.83M 113.26M 118.17M 118.95M 85.45M
shares — — — — — — 108.4M 112M 113.4M 113.1M 113M 115.6M 119M 103.04M 103.52M 108.85M 113.31M 118.28M 119.08M 85.55M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2026: $4.2B in buybacks, $5.79B in dividends.

Debt Profile

Completed filing coverage through Mar 9, 2020 · latest terminal result Feb 10, 2026

Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.

Latest reported total
USD 7,000,000,000
As of Apr 30, 2026
Tracked instruments
9
Stable identities across filings
Annual baseline
Apr 30, 2026
Latest approved 10-K total
Reported total debt history
As of Reported label Amount Source
2026-04-30 short-term borrowings and long-term debt USD 7,000,000,000 10-K filed 2026-06-09
As of April 30, 2026, we had $7.0 billion of short-term borrowings and long-term debt.
2025-04-30 short-term borrowings and long-term debt USD 7,700,000,000 10-K filed 2025-06-18
As of April 30, 2025, we had $7.7 billion of short-term borrowings and long-term debt.
2024-04-30 short-term borrowings and long-term debt USD 8,400,000,000 10-K filed 2024-06-18
As of April 30, 2024, we had $8.4 billion of short-term borrowings and long-term debt.
2022-04-30 short-term borrowings and long-term debt USD 4,500,000,000 10-K filed 2022-06-16
As of April 30, 2022, we had $4.5 billion of short-term borrowings and long-term debt.
2 filing observations remain unmatched and are excluded from instrument histories.
Debt data is being processed. Please check back later.
6 filings have incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged. 1 legal exhibit was not safely readable, so covenant coverage is incomplete.

2.125% Notes due 2032

Note · The J. M. Smucker Company

Reference: 2.125% Notes due 2032

Active
Outstanding
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Commitment
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Availability
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Maturity
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Documents and filing history
  1. Issuance · 2021-09-21 Outstanding — · carrying — Exact source document Parent 8-K filing · 2021-09-24
    On September 21, 2021, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.125% Notes due 2032 (the “2032 Notes”) and $300.0 million aggregate principal amount of 2.750% Notes due 2041 (the “2041 Notes” and, together with the 2032 Notes, the “Securities”).
    Issuer evidence: On September 21, 2021, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.125% Notes due 2032 (the “2032 Notes”) and $300.0 million aggregate principal amount of 2.750% Notes due 2041 (the “2041 Notes” and, together with the 2032 Notes, the “Securities”).
    Supporting evidence: On September 21, 2021, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.125% Notes due 2032 (the “2032 Notes”) and $300.0 million aggregate principal amount of 2.750% Notes due 2041 (the “2041 Notes” and, together with the 2032 Notes, the “Securities”).

2.375% Notes due 2030

Note · The J. M. Smucker Company

Reference: 2.375% Notes due 2030

Active
Outstanding
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Commitment
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Availability
—
Maturity
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Documents and filing history
  1. Issuance · 2020-03-04 Outstanding — · carrying — Exact source document Parent 8-K filing · 2020-03-09
    On March 4, 2020, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.375% Notes due 2030 (the “2030 Notes”) and $300.0 million aggregate principal amount of 3.550% Notes due 2050 (the “2050 Notes” and, together with the 2030 Notes, the “Securities”).
    Issuer evidence: On March 4, 2020, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.375% Notes due 2030 (the “2030 Notes”) and $300.0 million aggregate principal amount of 3.550% Notes due 2050 (the “2050 Notes” and, together with the 2030 Notes, the “Securities”).
    Supporting evidence: On March 4, 2020, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.375% Notes due 2030 (the “2030 Notes”) and $300.0 million aggregate principal amount of 3.550% Notes due 2050 (the “2050 Notes” and, together with the 2030 Notes, the “Securities”).
    Supporting evidence: On March 4, 2020, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.375% Notes due 2030 (the “2030 Notes”) and $300.0 million aggregate principal amount of 3.550% Notes due 2050 (the “2050 Notes” and, together with the 2030 Notes, the “Securities”).

2.750% Notes due 2041

Note · The J. M. Smucker Company

Reference: 2.750% Notes due 2041

Active
Outstanding
—
Commitment
—
Availability
—
Maturity
—
Documents and filing history
  1. Issuance · 2021-09-21 Outstanding — · carrying — Exact source document Parent 8-K filing · 2021-09-24
    On September 21, 2021, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.125% Notes due 2032 (the “2032 Notes”) and $300.0 million aggregate principal amount of 2.750% Notes due 2041 (the “2041 Notes” and, together with the 2032 Notes, the “Securities”).
    Issuer evidence: On September 21, 2021, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.125% Notes due 2032 (the “2032 Notes”) and $300.0 million aggregate principal amount of 2.750% Notes due 2041 (the “2041 Notes” and, together with the 2032 Notes, the “Securities”).
    Supporting evidence: On September 21, 2021, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.125% Notes due 2032 (the “2032 Notes”) and $300.0 million aggregate principal amount of 2.750% Notes due 2041 (the “2041 Notes” and, together with the 2032 Notes, the “Securities”).

3.550% Notes due 2050

Note · The J. M. Smucker Company

Reference: 3.550% Notes due 2050

Active
Outstanding
—
Commitment
—
Availability
—
Maturity
—
Documents and filing history
  1. Issuance · 2020-03-04 Outstanding — · carrying — Exact source document Parent 8-K filing · 2020-03-09
    On March 4, 2020, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.375% Notes due 2030 (the “2030 Notes”) and $300.0 million aggregate principal amount of 3.550% Notes due 2050 (the “2050 Notes” and, together with the 2030 Notes, the “Securities”).
    Issuer evidence: On March 4, 2020, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.375% Notes due 2030 (the “2030 Notes”) and $300.0 million aggregate principal amount of 3.550% Notes due 2050 (the “2050 Notes” and, together with the 2030 Notes, the “Securities”).
    Supporting evidence: On March 4, 2020, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.375% Notes due 2030 (the “2030 Notes”) and $300.0 million aggregate principal amount of 3.550% Notes due 2050 (the “2050 Notes” and, together with the 2030 Notes, the “Securities”).
    Supporting evidence: On March 4, 2020, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $500.0 million aggregate principal amount of 2.375% Notes due 2030 (the “2030 Notes”) and $300.0 million aggregate principal amount of 3.550% Notes due 2050 (the “2050 Notes” and, together with the 2030 Notes, the “Securities”).

364-day senior unsecured bridge loan facility

TermLoan · The J. M. Smucker Company

Reference: 364-day senior unsecured bridge loan facility

Active
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Documents and filing history
  1. Issuance · 2023-09-12 Outstanding — · carrying — Exact source document Parent 8-K filing · 2023-09-12
    In connection with its entry into the Merger Agreement, the Company obtained a commitment from Bank of America, N.A. and Royal Bank of Canada for a $5.2 billion 364-day senior unsecured bridge loan facility, subject to customary conditions.
    Issuer evidence: On September 10, 2023, The J. M. Smucker Company, an Ohio Corporation (the “Company”), entered into an Agreement and Plan of Merger, dated as of September 10, 2023 (the “Merger Agreement”), by and among the Company, Hostess Brands, Inc., a Delaware corporation (“Hostess Brands”), and SSF Holdings, Inc., a Delaware corporation and wholly owned subsidiary of the Company (“Purchaser”).
    Supporting evidence: In connection with its entry into the Merger Agreement, the Company obtained a commitment from Bank of America, N.A. and Royal Bank of Canada for a $5.2 billion 364-day senior unsecured bridge loan facility, subject to customary conditions.

5.900% Notes due 2028

Note · The J. M. Smucker Company

Reference: 5.900% Notes due 2028

Active
Outstanding
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Commitment
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Availability
—
Maturity
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Documents and filing history
  1. Issuance · 2023-10-11 Outstanding — · carrying — Exact source document Parent 8-K filing · 2023-10-13
    On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).
    Issuer evidence: On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).
    Supporting evidence: On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).
    Supporting evidence: On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).

6.200% Notes due 2033

Note · The J. M. Smucker Company

Reference: 6.200% Notes due 2033

Active
Outstanding
—
Commitment
—
Availability
—
Maturity
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Documents and filing history
  1. Issuance · 2023-10-11 Outstanding — · carrying — Exact source document Parent 8-K filing · 2023-10-13
    On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).
    Issuer evidence: On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).
    Supporting evidence: On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).
    Supporting evidence: On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).

6.500% Notes due 2043

Note · The J. M. Smucker Company

Reference: 6.500% Notes due 2043

Active
Outstanding
—
Commitment
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Availability
—
Maturity
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Documents and filing history
  1. Issuance · 2023-10-11 Outstanding — · carrying — Exact source document Parent 8-K filing · 2023-10-13
    On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).
    Issuer evidence: On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).
    Supporting evidence: On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).
    Supporting evidence: On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).

6.500% Notes due 2053

Note · The J. M. Smucker Company

Reference: 6.500% Notes due 2053

Active
Outstanding
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Commitment
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Availability
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Maturity
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Documents and filing history
  1. Issuance · 2023-10-11 Outstanding — · carrying — Exact source document Parent 8-K filing · 2023-10-13
    On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).
    Issuer evidence: On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).
    Supporting evidence: On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).
    Supporting evidence: On October 11, 2023, The J. M. Smucker Company (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives for the underwriters named in Schedule 1 annexed thereto (the “Underwriters”), providing for the offer and sale by the Company of $750 million aggregate principal amount of 5.900% Notes due 2028 (the “2028 Notes”), $1,000 million aggregate principal amount of 6.200% Notes due 2033 (the “2033 Notes”), $750 million aggregate principal amount of 6.500% Notes due 2043 (the “2043 Notes”), and $1,000 million aggregate principal amount of 6.500% Notes due 2053 (the “2053 Notes” and, together with the 2028 Notes, the 2033 Notes and the 2043 Notes, the “Securities”).

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
2.12×
Peer median 1.30×
EV/EBIT
23.51×
Peer median 13.64×
P/E (TTM)
—
Peer median 13.68×
EV/Adj. EBITDA (FY2026)
10.57×

Peer medians compare against the 18 similar-size Packaged Foods companies (of 73 listed).

EV/Adj. EBITDA uses the company-stated “EBITDA (as adjusted)”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.

Valuation over time computed as of each quarter's filing date

EV/Adj. EBITDA uses the company-stated “EBITDA (as adjusted)”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
U.S. Retail Coffee $3,304,900,000 $2,806,600,000 $2,704,400,000 $2,735,300,000 $2,497,300,000 $2,374,600,000 $2,149,500,000 $2,122,300,000
U.S. Retail Frozen Handheld and Spreads $1,853,900,000 $1,877,000,000 $1,815,600,000 $1,630,900,000 $1,707,200,000 $1,835,700,000 $1,731,700,000 $1,761,500,000
U.S. Retail Pet Foods $1,600,000,000 $1,663,600,000 $1,822,800,000 $3,038,100,000 $2,764,300,000 $2,844,500,000 $2,869,500,000 $2,879,500,000
Sweet Baked Snacks $971,300,000 $1,178,800,000 $637,300,000 $0 $0 — — —
Away From Home $879,000,000 $763,000,000 $711,500,000 — — — — —
All Other Segments $441,800,000 $437,100,000 $487,100,000 $1,124,900,000 $1,030,100,000 $947,900,000 $1,050,300,000 $1,074,700,000

By Geography (USD)

Component FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
United States $8,568,200,000 $8,245,700,000 $7,653,000,000 $8,001,400,000 $7,469,600,000 $7,448,300,000 $7,247,900,000 $7,298,000,000
Canada $340,800,000 $352,400,000 $429,400,000 $433,200,000 $439,600,000 $443,600,000 $445,300,000 $421,900,000
All Other International $141,900,000 $128,000,000 $96,300,000 $94,600,000 $89,700,000 $110,800,000 $107,800,000 $118,100,000

By Product & Service (USD)

Component FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Coffee $3,768,700,000 $3,173,800,000 $3,063,000,000 $3,088,800,000 $2,804,700,000 $2,639,700,000 $2,475,400,000 $2,479,400,000
Frozen Handheld $995,700,000 $918,200,000 $791,100,000 $1,372,800,000 $1,021,400,000 $430,300,000 $365,000,000 $289,000,000
Sweet Baked Goods $971,300,000 $1,093,000,000 $572,500,000 $0 $0 — — —
Pet Snacks $886,000,000 $944,700,000 $1,024,800,000 $1,052,400,000 $944,900,000 $907,300,000 $849,700,000 $815,100,000
Peanut Butter $786,100,000 $827,800,000 $814,100,000 $1,271,200,000 $1,602,200,000 $796,100,000 $730,600,000 $756,600,000
Cat Food $776,000,000 $763,500,000 $792,400,000 $1,101,100,000 $969,900,000 $918,400,000 $869,200,000 $812,800,000
Fruit Spreads $371,000,000 $400,800,000 $427,200,000 $852,400,000 $773,000,000 $385,900,000 $370,300,000 $341,600,000
Portion Control $194,400,000 $423,800,000 $415,800,000 $163,700,000 $158,200,000 $120,500,000 $306,600,000 $325,400,000
Topping and Syrup $109,200,000 $96,800,000 $88,400,000 $88,900,000 $82,500,000 — — —
Other Product $102,900,000 $96,800,000 $165,800,000 $211,800,000 $328,400,000 $287,300,000 $584,000,000 $610,000,000
Baking Mixes and Ingredients $89,500,000 $88,100,000 $90,300,000 $94,300,000 $85,500,000 $93,500,000 $179,800,000 $370,400,000
Dog Food $100,000 $24,400,000 $76,400,000 $980,000,000 $926,500,000 $1,090,800,000 $1,217,600,000 $1,313,100,000
Cookies $0 $86,300,000 $64,800,000 $0 $0 — — —
Juices and Beverages — — — $3,200,000 $212,600,000 $278,000,000 $125,700,000 $123,900,000
Shortening and Oils — — — $0 $0 $193,900,000 $262,300,000 $253,600,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component FY2025 FY2024
Sweet Baked Snacks -$2,162,300,000 $73,400,000

Operating Margin by Segment (%)

Component FY2025 FY2024
Sweet Baked Snacks -183.4% 11.5%
Key facts CIK 91419 CUSIP 832696405 13F (30d) 24 filings 13 filers Visit website Investor relations