J M Smucker annual gross margin
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2026
J M Smucker Gross Margin Growth & History (SJM)
J M Smucker's gross margin was 33.53% for fiscal 2026.
View full J M Smucker company overviewJ M Smucker annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-04-30 | 33.53% | −5.26 pp |
| 2025 | 2025-04-30 | 38.79% | +0.70 pp |
| 2024 | 2024-04-30 | 38.09% | +5.24 pp |
| 2023 | 2023-04-30 | 32.85% | −0.91 pp |
| 2022 | 2022-04-30 | 33.76% | −5.46 pp |
| 2021 | 2021-04-30 | 39.22% | +0.74 pp |
| 2020 | 2020-04-30 | 38.48% | +1.28 pp |
| 2019 | 2019-04-30 | 37.20% | −1.35 pp |
| 2018 | 2018-04-30 | 38.55% | +0.19 pp |
| 2017 | 2017-04-30 | 38.35% | +0.36 pp |
| 2016 | 2016-04-30 | 37.99% | +3.41 pp |
| 2015 | 2015-04-30 | 34.58% | −1.62 pp |
| 2014 | 2014-04-30 | 36.20% | +1.82 pp |
| 2013 | 2013-04-30 | 34.38% | +0.99 pp |
| 2012 | 2012-04-30 | 33.39% | −3.88 pp |
| 2011 | 2011-04-30 | 37.27% | −1.53 pp |
| 2010 | 2010-04-30 | 38.80% | +5.50 pp |
| 2009 | 2009-04-30 | 33.30% | — |
J M Smucker quarterly gross margin
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Q1.27
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2027 | 2026-07-31 | 44.14% | +21.68 pp |
| Q4 2026 | 2026-04-30 | 38.01% | −0.39 pp |
| Q3 2026 | 2026-01-31 | 35.39% | −4.78 pp |
| Q2 2026 | 2025-10-31 | 37.33% | −1.68 pp |
| Q1 2026 | 2025-07-31 | 22.46% | −15.05 pp |
| Q4 2025 | 2025-04-30 | 38.40% | −3.00 pp |
| Q3 2025 | 2025-01-31 | 40.17% | +3.25 pp |
| Q2 2025 | 2024-10-31 | 39.01% | +1.66 pp |
| Q1 2025 | 2024-07-31 | 37.51% | +1.24 pp |
| Q4 2024 | 2024-04-30 | 41.41% | +5.95 pp |
| Q3 2024 | 2024-01-31 | 36.92% | +2.82 pp |
| Q2 2024 | 2023-10-31 | 37.36% | +5.56 pp |
| Q1 2024 | 2023-07-31 | 36.27% | +6.77 pp |
| Q4 2023 | 2023-04-30 | 35.46% | +2.68 pp |
| Q3 2023 | 2023-01-31 | 34.10% | +0.89 pp |
| Q2 2023 | 2022-10-31 | 31.79% | −2.91 pp |
| Q1 2023 | 2022-07-31 | 29.50% | −4.92 pp |
| Q4 2022 | 2022-04-30 | 32.78% | −5.53 pp |
| Q3 2022 | 2022-01-31 | 33.21% | −5.77 pp |
| Q2 2022 | 2021-10-31 | 34.71% | −5.52 pp |
| Q1 2022 | 2021-07-31 | 34.41% | −4.91 pp |
| Q4 2021 | 2021-04-30 | 38.31% | +0.63 pp |
| Q3 2021 | 2021-01-31 | 38.98% | +0.44 pp |
| Q2 2021 | 2020-10-31 | 40.23% | +1.71 pp |
| Q1 2021 | 2020-07-31 | 39.32% | −0.00 pp |
| Q4 2020 | 2020-04-30 | 37.69% | +1.28 pp |
| Q3 2020 | 2020-01-31 | 38.53% | +0.07 pp |
| Q2 2020 | 2019-10-31 | 38.51% | +0.36 pp |
| Q1 2020 | 2019-07-31 | 39.33% | +3.68 pp |
| Q4 2019 | 2019-04-30 | 36.40% | −2.36 pp |
| Q3 2019 | 2019-01-31 | 38.46% | +0.19 pp |
| Q2 2019 | 2018-10-31 | 38.15% | −1.09 pp |
| Q1 2019 | 2018-07-31 | 35.65% | −2.21 pp |
| Q4 2018 | 2018-04-30 | 38.76% | +2.50 pp |
| Q3 2018 | 2018-01-31 | 38.28% | −0.20 pp |
| Q2 2018 | 2017-10-31 | 39.25% | +0.43 pp |
| Q1 2018 | 2017-07-31 | 37.86% | −1.94 pp |
| Q4 2017 | 2017-04-30 | 36.26% | −1.80 pp |
| Q3 2017 | 2017-01-31 | 38.48% | −0.22 pp |
| Q2 2017 | 2016-10-31 | 38.82% | +0.92 pp |
| Q1 2017 | 2016-07-31 | 39.80% | +2.47 pp |
| Q4 2016 | 2016-04-30 | 38.06% | +8.31 pp |
| Q3 2016 | 2016-01-31 | 38.69% | +2.38 pp |
| Q2 2016 | 2015-10-31 | 37.89% | +1.69 pp |
| Q1 2016 | 2015-07-31 | 37.33% | +1.17 pp |
| Q4 2015 | 2015-04-30 | 29.76% | −5.92 pp |
| Q3 2015 | 2015-01-31 | 36.31% | −0.89 pp |
| Q2 2015 | 2014-10-31 | 36.21% | +0.78 pp |
| Q1 2015 | 2014-07-31 | 36.16% | −0.33 pp |
| Q4 2014 | 2014-04-30 | 35.67% | −0.13 pp |
| Q3 2014 | 2014-01-31 | 37.20% | +2.82 pp |
| Q2 2014 | 2013-10-31 | 35.43% | +2.15 pp |
| Q1 2014 | 2013-07-31 | 36.49% | +2.19 pp |
| Q4 2013 | 2013-04-30 | 35.81% | +2.62 pp |
| Q3 2013 | 2013-01-31 | 34.38% | +2.65 pp |
| Q2 2013 | 2012-10-31 | 33.27% | +0.33 pp |
| Q1 2013 | 2012-07-31 | 34.30% | −1.96 pp |
| Q4 2012 | 2012-04-30 | 33.18% | −2.28 pp |
| Q3 2012 | 2012-01-31 | 31.73% | −4.42 pp |
| Q2 2012 | 2011-10-31 | 32.94% | −5.74 pp |
| Q1 2012 | 2011-07-31 | 36.26% | −2.74 pp |
| Q4 2011 | 2011-04-30 | 35.46% | −4.77 pp |
| Q3 2011 | 2011-01-31 | 36.15% | −1.85 pp |
| Q2 2011 | 2010-10-31 | 38.68% | +0.18 pp |
| Q1 2011 | 2010-07-31 | 39.00% | +0.39 pp |
| Q4 2010 | 2010-04-30 | 40.23% | — |
| Q3 2010 | 2010-01-31 | 38.00% | — |
| Q2 2010 | 2009-10-31 | 38.49% | — |
| Q1 2010 | 2009-07-31 | 38.61% | — |
J M Smucker gross margin trends
Over the last five fiscal years, J M Smucker's gross margin decreased from 39.22% to 33.53%, a change of −5.69 percentage points. The latest reported quarter, Q1 2027, shows 44.14%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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