Growth Metrics

J M Smucker (SJM) Gross Margin (2016 - 2026)

J M Smucker's Gross Margin history spans 18 years, with the latest figure at 35.39% for Q1 2026.

  • For Q1 2026, Gross Margin fell 478.0% year-over-year to 35.39%; the TTM value through Jan 2026 reached 33.56%, down 598.0%, while the annual FY2025 figure was 38.79%, 70.0% up from the prior year.
  • Gross Margin reached 35.39% in Q1 2026 per SJM's latest filing, down from 37.33% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 41.41% in Q2 2024 to a low of 22.46% in Q3 2025.
  • Average Gross Margin over 5 years is 35.24%, with a median of 36.27% recorded in 2023.
  • Peak YoY movement for Gross Margin: soared 677bps in 2023, then crashed -1505bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 31.79% in 2022, then rose by 17bps to 37.36% in 2023, then increased by 4bps to 39.01% in 2024, then decreased by -4bps to 37.33% in 2025, then dropped by -5bps to 35.39% in 2026.
  • Per Business Quant, the three most recent readings for SJM's Gross Margin are 35.39% (Q1 2026), 37.33% (Q4 2025), and 22.46% (Q3 2025).