J M Smucker (SJM) Gross Margin (2009 - 2026)

J M Smucker has reported Gross Margin for 18 years, with the latest figure at 35.39% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 478.0% year-over-year to 35.39%; the trailing twelve-month figure through Jan 2026 stood at 33.56% (down 598.0% YoY), and the FY2025 full-year result was 38.79%, up 70.0% from the prior year.
• Gross Margin for Q1 2026 stood at 35.39%, down from 37.33% in the prior quarter.
• The five-year high for Gross Margin was 41.41% in Q2 2024, with the low at 22.46% in Q3 2025.
• Historically, Gross Margin has averaged 35.24% across 5 years, with a median of 36.27% in 2023.
• Annual changes were most pronounced in 2023 — Gross Margin surged 677 bps — and 2025, when it slumped 1505 bps.
• J M Smucker's Gross Margin stood at 31.79% in 2022, then gained by 17 bps to 37.36% in 2023, then climbed by 4 bps to 39.01% in 2024, then slipped by 4 bps to 37.33% in 2025, then decreased by 5 bps to 35.39% in 2026.
• The last three Gross Margin figures came in at 35.39% (Q1 2026), 37.33% (Q4 2025), and 22.46% (Q3 2025), per Business Quant data.