J M Smucker Debt-to-Equity Ratio Growth & History (SJM)
J M Smucker's debt-to-equity ratio was 1.29 for fiscal 2026.
View full J M Smucker company overviewJ M Smucker annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-04-30 | 1.29 | 0.00 | +0.14% |
| 2025 | 2025-04-30 | 1.28 | 0.17 | +15.44% |
| 2024 | 2024-04-30 | 1.11 | 0.51 | +83.17% |
| 2023 | 2023-04-30 | 0.61 | 0.04 | +7.22% |
| 2022 | 2022-04-30 | 0.57 | −0.04 | −6.27% |
| 2021 | 2021-04-30 | 0.60 | −0.10 | −14.41% |
| 2020 | 2020-04-30 | 0.71 | −0.04 | −4.79% |
| 2019 | 2019-04-30 | 0.74 | 0.13 | +21.11% |
| 2018 | 2018-04-30 | 0.61 | −0.18 | −22.30% |
| 2017 | 2017-04-30 | 0.79 | 0.01 | +1.72% |
| 2016 | 2016-04-30 | 0.77 | −0.10 | −11.02% |
| 2015 | 2015-04-30 | 0.87 | 0.43 | +97.60% |
| 2014 | 2014-04-30 | 0.44 | 0.05 | +12.44% |
| 2013 | 2013-04-30 | 0.39 | −0.01 | −2.27% |
| 2012 | 2012-04-30 | 0.40 | 0.15 | +62.74% |
| 2011 | 2011-04-30 | 0.25 | 0.08 | +44.22% |
| 2010 | 2010-04-30 | 0.17 | — | — |
J M Smucker quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-07-31 | 1.21 | −0.16 | −12.01% |
| Q4 2026 | 2026-04-30 | 1.29 | 0.00 | +0.14% |
| Q3 2026 | 2026-01-31 | 1.43 | 0.28 | +23.86% |
| Q2 2026 | 2025-10-31 | 1.31 | 0.21 | +18.86% |
| Q1 2026 | 2025-07-31 | 1.37 | 0.26 | +23.08% |
| Q4 2025 | 2025-04-30 | 1.28 | 0.17 | +15.44% |
| Q3 2025 | 2025-01-31 | 1.16 | 0.00 | +0.01% |
| Q2 2025 | 2024-10-31 | 1.11 | −0.02 | −1.41% |
| Q1 2025 | 2024-07-31 | 1.11 | 0.47 | +73.62% |
| Q4 2024 | 2024-04-30 | 1.11 | 0.51 | +83.17% |
| Q3 2024 | 2024-01-31 | 1.16 | 0.63 | +118.61% |
| Q2 2024 | 2023-10-31 | 1.12 | 0.55 | +95.40% |
| Q1 2024 | 2023-07-31 | 0.64 | 0.05 | +8.65% |
| Q4 2023 | 2023-04-30 | 0.61 | 0.04 | +7.22% |
| Q3 2023 | 2023-01-31 | 0.53 | −0.02 | −3.51% |
| Q2 2023 | 2022-10-31 | 0.57 | −0.00 | −0.30% |
| Q1 2023 | 2022-07-31 | 0.59 | 0.01 | +0.89% |
| Q4 2022 | 2022-04-30 | 0.57 | −0.04 | −6.27% |
| Q3 2022 | 2022-01-31 | 0.55 | −0.06 | −10.00% |
| Q2 2022 | 2021-10-31 | 0.58 | −0.05 | −7.52% |
| Q1 2022 | 2021-07-31 | 0.59 | −0.08 | −11.52% |
| Q4 2021 | 2021-04-30 | 0.60 | −0.10 | −14.41% |
| Q3 2021 | 2021-01-31 | 0.61 | −0.07 | −10.74% |
| Q2 2021 | 2020-10-31 | 0.62 | −0.10 | −14.32% |
| Q1 2021 | 2020-07-31 | 0.66 | −0.08 | −10.83% |
| Q4 2020 | 2020-04-30 | 0.71 | −0.04 | −4.79% |
| Q3 2020 | 2020-01-31 | 0.68 | −0.08 | −10.12% |
| Q2 2020 | 2019-10-31 | 0.73 | −0.06 | −7.07% |
| Q1 2020 | 2019-07-31 | 0.74 | −0.10 | −12.35% |
| Q4 2019 | 2019-04-30 | 0.74 | 0.13 | +21.11% |
| Q3 2019 | 2019-01-31 | 0.76 | 0.13 | +19.86% |
| Q2 2019 | 2018-10-31 | 0.78 | 0.03 | +4.58% |
| Q1 2019 | 2018-07-31 | 0.85 | 0.09 | +12.26% |
| Q4 2018 | 2018-04-30 | 0.61 | −0.18 | −22.30% |
| Q3 2018 | 2018-01-31 | 0.63 | −0.07 | −9.84% |
| Q2 2018 | 2017-10-31 | 0.75 | 0.00 | +0.26% |
| Q1 2018 | 2017-07-31 | 0.75 | −0.00 | −0.00% |
| Q4 2017 | 2017-04-30 | 0.79 | 0.01 | +1.72% |
| Q3 2017 | 2017-01-31 | 0.70 | −0.02 | −2.62% |
| Q2 2017 | 2016-10-31 | 0.75 | −0.07 | −8.07% |
| Q1 2017 | 2016-07-31 | 0.75 | −0.09 | −10.34% |
| Q4 2016 | 2016-04-30 | 0.77 | −0.10 | −11.02% |
| Q3 2016 | 2016-01-31 | 0.72 | 0.30 | +72.88% |
| Q2 2016 | 2015-10-31 | 0.81 | 0.34 | +71.86% |
| Q1 2016 | 2015-07-31 | 0.84 | 0.47 | +127.35% |
| Q4 2015 | 2015-04-30 | 0.87 | 0.43 | +97.60% |
| Q3 2015 | 2015-01-31 | 0.42 | 0.03 | +7.01% |
| Q2 2015 | 2014-10-31 | 0.47 | 0.08 | +19.89% |
| Q1 2015 | 2014-07-31 | 0.37 | −0.03 | −6.91% |
| Q4 2014 | 2014-04-30 | 0.44 | 0.05 | +12.44% |
| Q3 2014 | 2014-01-31 | 0.39 | −0.00 | −0.85% |
| Q2 2014 | 2013-10-31 | 0.39 | −0.01 | −2.01% |
| Q1 2014 | 2013-07-31 | 0.40 | 0.00 | +0.30% |
| Q4 2013 | 2013-04-30 | 0.39 | −0.01 | −2.27% |
| Q3 2013 | 2013-01-31 | 0.39 | 0.01 | +2.22% |
| Q2 2013 | 2012-10-31 | 0.40 | 0.02 | +3.95% |
| Q1 2013 | 2012-07-31 | 0.40 | 0.15 | +60.74% |
| Q4 2012 | 2012-04-30 | 0.40 | 0.15 | +62.74% |
| Q3 2012 | 2012-01-31 | 0.38 | 0.14 | +58.71% |
| Q2 2012 | 2011-10-31 | 0.39 | 0.15 | +63.55% |
| Q1 2012 | 2011-07-31 | 0.25 | 0.00 | +1.53% |
| Q4 2011 | 2011-04-30 | 0.25 | 0.08 | +44.22% |
| Q3 2011 | 2011-01-31 | 0.24 | — | — |
| Q2 2011 | 2010-10-31 | 0.24 | — | — |
| Q1 2011 | 2010-07-31 | 0.24 | — | — |
| Q4 2010 | 2010-04-30 | 0.17 | — | — |
J M Smucker debt-to-equity ratio trends
Over the last five fiscal years, J M Smucker's debt-to-equity ratio increased from 0.60 to 1.29, a change of 0.68. The latest reported quarter, Q1 2027, shows 1.21.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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