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OverviewAnalysisPriceRevenueEarningsP/ERatiosDividendTargets

The J. M. Smucker Company (SJM) Quarterly Financial Ratios

Last 47 quarters of trend data · Consumer Defensive · Packaged Foods

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
P/E Ratio →-8.59—11.45————16.9512.4828.8514.9821.04—
———————-19.5%—+47.3%-28.8%-34.5%—
P/S Ratio1.211.201.191.351.441.301.331.471.391.561.502.141.82
—-8.3%-10.9%-8.2%+4.2%-16.5%-11.3%-31.0%-23.9%-15.0%-17.7%+13.8%+0.3%
P/B Ratio1.742.141.831.932.031.651.591.611.591.841.642.202.23
—+29.4%+15.1%+19.7%+28.1%-10.4%-3.5%-26.8%-28.8%-5.7%-16.1%+27.5%+23.1%
P/FCF12.965.749.88—10.3518.859.5563.7110.2713.95103.3457.1113.62
—-69.5%+3.5%—+0.8%+35.1%-90.8%+11.6%-24.6%+51.7%+164.1%—-18.5%
EV / EBITDA——8.9826.94——17.1711.039.7513.4510.2012.51—
——-47.7%+144.3%——+68.3%-11.9%—+13.2%-20.3%-22.4%—
EV / EBIT——11.43111.46——30.8815.2312.6119.1614.0318.20—
——-63.0%+631.8%——+120.1%-16.3%—+16.6%-21.0%-30.0%—

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

The J. M. Smucker Company's operating margin was -23.4% in Q3 2026, down 39.9 pp QoQ and up 3.7 pp YoY. The trailing four-quarter average of -8.2% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.

Margins

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
Gross Margin38.8%39.1%33.6%22.5%38.4%40.2%39.0%37.5%41.4%36.9%37.4%36.3%35.5%
—-2.5%-14.0%-40.1%-7.3%+8.8%+4.4%+3.4%+16.8%+8.3%+17.5%+23.0%+8.2%
Operating Margin-7.7%-23.4%16.5%2.2%-27.9%-27.2%7.5%16.4%18.4%13.3%15.4%16.8%-28.3%
—+13.7%+120.4%-86.9%-251.8%-303.7%-51.5%-2.2%+164.9%-7.0%+15.9%+75.2%-290.9%
Net Margin-14.1%-31.0%10.4%-2.1%-34.0%-30.3%-1.1%8.7%11.1%5.4%10.1%10.2%-26.9%
—-2.2%+1060.0%-123.9%-406.0%-661.0%-110.7%-14.4%+141.3%-42.6%+16.0%+73.5%-370.5%

Return on Capital

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
ROE-17.9%-12.8%4.0%-0.7%-11.2%-9.1%-0.3%2.4%3.2%1.6%2.8%2.6%-7.7%
—-40.7%+1365.7%-130.6%-449.3%-654.2%-111.5%-6.9%+141.8%-34.8%+18.4%+90.5%-412.1%
ROA-6.5%-4.3%1.4%-0.2%-4.1%-3.4%-0.1%0.9%1.2%0.6%1.2%1.2%-3.9%
—-24.0%+1223.9%-127.3%-434.9%-649.0%-110.2%-26.3%+131.2%-51.5%+0.9%+82.0%-406.9%
ROIC-3.4%-3.1%2.1%0.2%-3.1%-2.9%0.8%1.6%1.9%1.6%2.0%2.0%-4.0%
—-7.5%+162.0%-84.7%-267.5%-279.6%-60.2%-21.0%+146.8%-13.6%+15.6%+92.1%-322.1%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

The current ratio has improved 40.5% YoY to 0.84x, strengthening the short-term liquidity position.

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
Debt / Equity1.281.401.311.361.281.151.101.111.111.151.120.640.61
—+21.8%+18.9%+23.1%+14.9%-0.5%-1.9%+72.7%+83.1%+118.6%+95.4%+8.7%+7.2%
Debt / EBITDA——15.0244.69——28.1617.9816.1020.7620.2811.42—
——-46.7%+148.5%——+38.9%+57.5%—+104.2%+74.8%-31.0%—
Current Ratio0.810.840.890.810.810.600.580.550.520.783.201.281.44
—+40.5%+53.5%+47.1%+54.8%-23.0%-82.0%-56.9%-63.7%-33.1%+192.5%+22.0%+39.8%
Quick Ratio0.350.350.370.340.350.270.270.250.250.382.610.720.93
—+28.3%+35.7%+37.2%+43.2%-28.8%-89.5%-65.2%-73.5%-16.0%+501.3%+61.0%+97.4%
Interest Coverage-1.88—3.890.46-6.57-6.431.723.484.172.989.439.45-17.95
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 47 years · Updated daily

Full SJM Stock Analysis

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Is SJM Undervalued?

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SJM — Frequently Asked Questions

Quick answers to the most common questions about buying SJM stock.

What is The J. M. Smucker Company's quarterly P/E ratio trend?

The J. M. Smucker Company's current P/E is -8.6x. The average P/E over the last 1 quarters is 11.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do The J. M. Smucker Company's margins change by quarter?

The J. M. Smucker Company's current operating margin is -7.7%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at SJM quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking The J. M. Smucker Company's business trajectory between earnings reports.

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