J M SMUCKER Co (SJM) closed fiscal year 2026 with a gross margin of 33.5 % and a net margin of -1.5 %.
J M SMUCKER Co (SJM) closed fiscal year 2026 with a gross margin of 33.5 % and a net margin of -1.5 %. The same year shows an EBITDA margin of 10.1 % and an EBIT margin of 4.0 %. The free cash flow margin was 12.8 %. Against the previous year the gross margin moved −5.3 pp and the net margin +12.6 pp. Across the period the gross margin ranges between 32.8 % in 2023 and 39.2 % in 2021. The series covers 18 fiscal years, from 2009 to 2026. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: April
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 33.30 % | 38.80 % | 37.27 % | 33.39 % | 34.38 % | 36.20 % | 34.58 % | 37.99 % | 38.35 % | 38.55 % | 37.20 % | 38.48 % | 39.22 % | 33.76 % | 32.85 % | 38.09 % | 38.79 % | 33.53 % |
| EBITDA margin (%) | 15.18 % | 21.12 % | 20.11 % | 17.86 % | 19.69 % | 20.95 % | 18.25 % | 20.17 % | 19.77 % | 19.81 % | 17.54 % | 21.40 % | 22.98 % | 18.54 % | 6.90 % | 21.23 % | -1.96 % | 10.13 % |
| EBIT margin (%) | 12.04 % | 17.17 % | 16.25 % | 14.08 % | 15.44 % | 16.38 % | 13.56 % | 14.66 % | 14.10 % | 14.19 % | 11.85 % | 15.68 % | 17.33 % | 12.80 % | 1.85 % | 15.97 % | -7.72 % | 3.98 % |
| Net margin (%) | 7.08 % | 10.73 % | 9.94 % | 8.32 % | 9.23 % | 10.07 % | 6.06 % | 8.82 % | 8.01 % | 18.19 % | 6.56 % | 9.99 % | 10.95 % | 7.90 % | -1.07 % | 9.10 % | -14.10 % | -1.53 % |
| FCF margin (%) | 9.00 % | 12.52 % | 4.38 % | 8.27 % | 11.01 % | 10.28 % | 8.63 % | 16.13 % | 11.72 % | 12.18 % | 9.97 % | 12.63 % | 15.72 % | 8.99 % | 8.41 % | 7.86 % | 9.36 % | 12.77 % |
