The J. M. Smucker Company (SJM) Key Metrics
SJM valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $13.61B
- Enterprise value
- $19.79B
- P/E (TTM)
- 59.5 10-yr median 16.8
- Forward P/E
- 12.0
- PEG ratio
- 1.68
- Price / sales
- 1.5 10-yr median 1.8
- Price / book
- 2.3 10-yr median 1.8
- EV / EBITDA
- 14.8 10-yr median 13.2
- Dividend yield
- 3.52% $4.48 a year
- Beta
- 0.27
SJM key metrics, FY2017–FY2026
Fiscal year ended April 30, 2026 · U.S. dollarsSJM valuation Price multiples at each fiscal year-end price.
SJM returns How much profit the business earns on the capital it uses.
SJM per-share figures Results divided by the shares outstanding at year-end.
SJM financial health Debt, liquidity and how easily interest is covered.
SJM efficiency & capital use Working capital cycle and where the cash goes.
SJM valuation history
SJM returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SJM debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SJM cash returned to shareholders
SJM price vs earnings per share
SJM key metrics
FY2017–FY2026| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $10.46B | $12.37B | $11.99B | $16.40B | $14.84B | $14.67B | $13.10B | $13.87B | $12.96B | $14.71B |
| Enterprise value | $17.49B | $20.06B | $20.48B | $19.60B | $19.28B | $19.24B | $18.49B | $19.68B | $17.60B | $19.95B |
| P/E ratio | — | — | 16.1 | — | 23.5 | 16.7 | 16.8 | 27.0 | 9.7 | 24.8 |
| Price / sales | 1.2 | 1.4 | 1.5 | 1.9 | 1.9 | 1.8 | 1.7 | 1.8 | 1.8 | 2.0 |
| Price / book | 1.9 | 2.0 | 1.6 | 2.2 | 1.8 | 1.8 | 1.6 | 1.7 | 1.6 | 2.1 |
| Price / free cash flow | 9.0 | 15.1 | 18.7 | 22.9 | 20.6 | 11.7 | 13.3 | 17.7 | 14.5 | 17.0 |
| Price / operating cash flow | 7.1 | 10.2 | 9.8 | 13.8 | 13.1 | 9.4 | 10.4 | 12.2 | 10.6 | 13.9 |
| EV / sales | 1.9 | 2.3 | 2.5 | 2.3 | 2.4 | 2.4 | 2.4 | 2.5 | 2.4 | 2.7 |
| EV / EBITDA | 20.0 | — | 12.1 | 34.2 | 13.2 | 10.7 | 11.1 | 14.5 | 12.2 | 13.7 |
| EV / free cash flow | 15.1 | 24.6 | 31.8 | 27.3 | 26.8 | 15.3 | 18.8 | 25.2 | 19.6 | 23.0 |
| Earnings yield | −1.3% | −9.9% | 6.2% | −0.6% | 4.3% | 6.0% | 6.0% | 3.7% | 10.3% | 4.0% |
| Free cash flow yield | 11.1% | 6.6% | 5.4% | 4.4% | 4.8% | 8.6% | 7.5% | 5.6% | 6.9% | 5.9% |
| Dividend yield | 4.4% | 3.7% | 3.6% | 2.6% | 2.8% | 2.7% | 3.0% | 2.7% | 2.7% | 2.3% |
| Shareholder yield (dividends + buybacks) | 4.5% | 3.7% | 6.8% | 4.9% | 4.6% | 7.4% | 3.1% | 2.8% | 2.8% | 5.3% |
| Share price at fiscal year-end | $98.03 | $116.27 | $114.85 | $154.41 | $136.93 | $130.99 | $114.91 | $122.63 | $114.08 | $126.72 |
| Per share | ||||||||||
| Revenue per share | $84.83 | $82.01 | $78.34 | $80.31 | $73.79 | $71.45 | $68.43 | $69.30 | $64.76 | $63.66 |
| Earnings per share | −$1.30 | −$11.57 | $7.13 | −$0.86 | $5.83 | $7.82 | $6.84 | $4.55 | $11.78 | $5.10 |
| Operating cash flow per share | $13.81 | $11.38 | $11.78 | $11.19 | $10.48 | $13.97 | $11.01 | $10.09 | $10.72 | $9.12 |
| Free cash flow per share | $10.84 | $7.67 | $6.16 | $6.75 | $6.63 | $11.23 | $8.64 | $6.91 | $7.89 | $7.46 |
| Cash per share | $0.55 | $0.66 | $0.59 | $10.77 | $1.57 | $2.98 | $3.43 | $0.90 | $1.70 | $1.44 |
| Book value per share | $51.96 | $57.17 | $73.70 | $68.65 | $75.09 | $72.54 | $71.85 | $70.47 | $69.46 | $58.99 |
| Tangible book value per share | −$50.09 | −$56.15 | −$69.07 | −$22.18 | −$32.55 | −$35.18 | −$39.85 | −$44.73 | −$34.93 | −$46.30 |
| Dividends per share | $4.36 | $4.28 | $4.19 | $4.05 | $3.86 | $3.60 | $3.48 | $3.34 | $3.08 | $2.92 |
| Capex per share | $2.97 | $3.70 | $5.62 | $4.44 | $3.85 | $2.74 | $2.36 | $3.18 | $2.83 | $1.66 |
| Debt per share | $66.44 | $72.95 | $81.88 | $40.94 | $42.50 | $43.80 | $50.68 | $52.26 | $42.54 | $46.49 |
| Shares outstanding | 106.7M | 106.4M | 104.4M | 106.2M | 108.4M | 112.0M | 114.0M | 113.1M | 113.6M | 116.1M |
| Change in shares outstanding | +0.3% | +1.9% | −1.7% | −2.0% | −3.2% | −1.8% | +0.8% | −0.4% | −2.2% | −2.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −2.4% | −17.9% | 9.9% | −1.2% | 7.8% | 10.7% | 9.6% | 6.5% | 18.2% | 8.5% |
| Return on invested capital (ROIC) | 2.2% | −3.6% | 7.3% | 1.1% | 6.1% | 7.9% | 6.8% | 5.2% | 8.5% | 5.8% |
| Return on assets (ROA) | −0.8% | −6.5% | 4.2% | −0.6% | 3.9% | 5.3% | 4.6% | 3.2% | 8.7% | 3.7% |
| Return on tangible assets | −2.6% | −22.4% | 13.9% | −1.7% | 14.4% | 20.8% | 18.4% | 14.0% | 38.9% | 17.4% |
| Free cash flow margin | 12.8% | 9.4% | 7.9% | 8.4% | 9.0% | 15.7% | 12.6% | 10.0% | 12.2% | 11.7% |
| Income quality (OCF / net income) | — | — | 1.65 | — | 1.80 | 1.79 | 1.61 | 2.22 | 0.91 | 1.79 |
| Financial health | ||||||||||
| Total debt | $7.09B | $7.76B | $8.55B | $4.35B | $4.61B | $4.91B | $5.78B | $5.91B | $4.83B | $5.40B |
| Cash & short-term investments | $58.6M | $69.9M | $62.0M | $1.14B | $169.9M | $334.3M | $391.1M | $101.3M | $192.6M | $166.8M |
| Net debt | $7.03B | $7.69B | $8.49B | $3.20B | $4.44B | $4.57B | $5.39B | $5.81B | $4.64B | $5.23B |
| Debt / equity | 1.28 | 1.28 | 1.11 | 0.60 | 0.57 | 0.60 | 0.71 | 0.74 | 0.61 | 0.79 |
| Debt / assets | 0.44 | 0.44 | 0.42 | 0.29 | 0.29 | 0.30 | 0.34 | 0.35 | 0.32 | 0.35 |
| Net debt / EBITDA | 8.03 | — | 5.02 | 5.58 | 3.03 | 2.54 | 3.24 | 4.28 | 3.20 | 3.58 |
| Current ratio | 0.78 | 0.81 | 0.52 | 1.44 | 1.03 | 0.68 | 1.24 | 0.69 | 1.50 | 0.90 |
| Quick ratio | 0.33 | 0.35 | 0.25 | 0.93 | 0.47 | 0.34 | 0.68 | 0.31 | 0.68 | 0.40 |
| Interest coverage | 0.9 | -1.7 | 4.9 | 1.0 | 6.4 | 7.8 | 6.5 | 4.5 | 6.0 | 6.4 |
| Working capital | −$565.1M | −$505.4M | −$1.79B | $872.0M | $57.3M | −$925.8M | $385.6M | −$716.3M | $521.2M | −$190.8M |
| Invested capital | $12.57B | $13.77B | $16.18B | $10.49B | $12.58B | $12.70B | $13.58B | $13.78B | $12.53B | $12.08B |
| Tangible asset value | −$5.34B | −$5.97B | −$7.21B | −$2.36B | −$3.53B | −$3.94B | −$4.54B | −$5.06B | −$3.97B | −$5.38B |
| Net current asset value | −$8.70B | −$9.33B | −$10.61B | −$4.84B | −$5.90B | −$6.22B | −$6.81B | −$7.12B | −$5.86B | −$7.15B |
| Graham number | — | — | $108.71 | — | $99.23 | $113.01 | $105.14 | $84.92 | $135.71 | $82.28 |
| Graham net-net per share | −$89.61 | −$97.20 | −$109.64 | −$52.77 | −$62.79 | −$62.01 | −$66.03 | −$69.02 | −$57.23 | −$67.52 |
| Capital allocation | ||||||||||
| Dividends paid | $464.7M | $455.4M | $437.5M | $430.2M | $418.1M | $403.2M | $396.8M | $377.9M | $350.3M | $339.3M |
| Share buybacks (net) | $5.6M | $3.3M | $372.8M | $367.5M | $270.4M | $678.4M | $4.2M | $5.4M | $7.0M | $437.6M |
| Dividend payout ratio | — | — | 58.8% | — | 66.2% | 46.0% | 50.9% | 73.5% | 26.2% | 57.3% |
| Dividends + buybacks / free cash flow | 40.7% | 56.2% | 126.0% | 111.3% | 95.8% | 86.0% | 40.7% | 49.1% | 39.9% | 89.6% |
| Capex / revenue | 3.5% | 4.5% | 7.2% | 5.5% | 5.2% | 3.8% | 3.5% | 4.6% | 4.4% | 2.6% |
| Capex / operating cash flow | 21.5% | 32.5% | 47.7% | 39.6% | 36.7% | 19.6% | 21.5% | 31.5% | 26.4% | 18.2% |
| Capex / depreciation | 0.57 | 0.78 | 1.36 | 1.08 | 0.91 | 0.68 | 0.60 | 0.81 | 0.78 | 0.46 |
| Stock-based compensation / revenue | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% | 0.4% | 0.3% | 0.3% | 0.2% | 0.3% |
| R&D / revenue | — | — | 0.6% | 0.6% | 0.6% | 0.7% | 0.7% | 0.7% | 0.8% | 0.8% |
| SG&A / revenue | 16.5% | 35.0% | 17.7% | 28.6% | 17.0% | 19.0% | 18.9% | 19.2% | 21.2% | 18.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 25.7 | 28.3 | 29.8 | 24.0 | 24.1 | 24.7 | 24.7 | 20.7 | 20.4 | 21.9 |
| Days of inventory on hand | 70.9 | 76.8 | 73.8 | 66.9 | 70.6 | 69.6 | 68.7 | 65.4 | 71.1 | 72.3 |
| Days payables outstanding | 74.7 | 89.7 | 98.4 | 82.4 | 76.7 | 68.1 | 52.2 | 40.9 | 39.9 | 37.5 |
| Cash conversion cycle (days) | 21.8 | 15.5 | 5.3 | 8.5 | 18.0 | 26.2 | 41.1 | 45.2 | 51.6 | 56.7 |
| Receivables turnover | 14.19 | 12.88 | 12.26 | 15.20 | 15.12 | 14.75 | 14.79 | 17.63 | 17.85 | 16.63 |
| Payables turnover | 4.88 | 4.07 | 3.71 | 4.43 | 4.76 | 5.36 | 6.99 | 8.92 | 9.14 | 9.73 |
| Inventory turnover | 5.15 | 4.75 | 4.94 | 5.46 | 5.17 | 5.24 | 5.32 | 5.58 | 5.14 | 5.05 |
| Asset turnover | 0.54 | 0.46 | 0.46 | 0.55 | 0.49 | 0.48 | 0.46 | 0.49 | 0.48 | 0.47 |
| Average receivables | $637.6M | $677.8M | $667.0M | $561.1M | $529.2M | $542.5M | $527.6M | $444.7M | $412.1M | $444.4M |
| Average payables | $1.23B | $1.31B | $1.36B | $1.29B | $1.11B | $908.0M | $686.5M | $551.5M | $494.6M | $468.3M |
| Average inventory | $1.17B | $1.12B | $1.02B | $1.05B | $1.02B | $927.6M | $902.8M | $882.4M | $880.0M | $902.5M |
| Intangibles / total assets | 67.1% | 68.6% | 73.5% | 64.3% | 72.7% | 74.1% | 75.0% | 78.0% | 77.5% | 78.2% |
Computed from SJM's annual financial statements (latest annual report filed June 9, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
SJM valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 59.5 and the forward P/E is 12.0. Smucker earned a return on equity of −2.4% and a return on invested capital of 2.2% in fiscal 2026. It ended the year with $7.1 billion of debt and $58.6 million in cash and short-term investments, net debt of $7.0 billion. It returned $470.3 million to shareholders: $464.7 million in dividends and $5.6 million in share buybacks, 41% of free cash flow. The share count fell 8.1% from 116.1M to 106.7M over 9 years.
See the SJM income statement, the SJM chart for price history, or the SJM stock overview for the latest quote and news.
SJM key metrics FAQ
What is Smucker's P/E ratio?
Smucker's trailing P/E ratio is 59.5 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 12.0. At the end of fiscal 2026 it was —, compared with a 10-year median of 16.8.
What is Smucker's EV/EBITDA?
Smucker's enterprise value was 20.0 times EBITDA at the end of fiscal 2026 (enterprise value $17.5 billion, EBITDA $875.8 million); the current EV/EBITDA is 14.8.
What is Smucker's return on equity?
Smucker's return on equity (ROE) was −2.4% in fiscal 2026: net income of -$138.7 million on average shareholders' equity of $5.8 billion.
What is Smucker's ROIC?
Smucker's return on invested capital was 2.2% in fiscal 2026, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Smucker have?
Smucker had total debt of $7.1 billion at the end of fiscal 2026, a debt-to-equity ratio of 1.28 and $7.0 billion of net debt (8.03 times EBITDA).
What is Smucker's dividend yield?
Smucker's forward dividend yield is 3.52%. Smucker paid $464.7 million in dividends in fiscal 2026 ($4.36 per share), a payout ratio of —.
Does Smucker buy back its shares?
Yes. Smucker spent $5.6 million on net share repurchases in fiscal 2026 Shares outstanding changed +0.3% over the year, to 106.7M..
What is Smucker's free cash flow yield?
Smucker generated $1.2 billion of free cash flow in fiscal 2026, a free cash flow yield of 11.1% on its market value at year-end ($10.5 billion).
What is Smucker's current ratio?
Smucker's current ratio was 0.78 at the end of fiscal 2026: current assets were 0.78 times current liabilities.