J M Smucker (SJM) Interest Expenses (2009 - 2026)
J M Smucker's (SJM) quarterly Interest Expenses came in at $50.9 million in Q2 2026, down 26.02% YoY from $68.8 million in Q2 2025, and up 100.39% on a QoQ basis from $25.4 million in Q1 2026.
J M Smucker (SJM) Interest Expenses (2009 - 2026) Analysis & Trends
J M Smucker (SJM) has 18 years of Interest Expenses data on file, last reported at $50.9 million in Q2 2026.
- Quarterly Interest Expenses fell 26.02% year-over-year to $50.9 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $318.4 million (down 22.45% YoY) and the FY2026 annual result came in at $383.1 million, down 6.7% from the prior year.
- Interest Expenses rose to $50.9 million in Q2 2026, from $25.4 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $140.9 million in Q3 2024 to a low of $8.6 million in Q1 2022.
- A 5-year average of $60.5 million and a median of $65.0 million in 2022 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses jumped 1045.53% — and 2026, when it slumped 79.98%.
- Tracing SJM's Interest Expenses over 5 years: stood at $67.9 million in 2022, then retreated by 3.98% to $65.2 million in 2023, then grew by 13.5% to $74.0 million in 2024, then dropped by 17.16% to $61.3 million in 2025, then dropped by 16.97% to $50.9 million in 2026.
- The last three Interest Expenses figures came in at $50.9 million (Q2 2026), $25.4 million (Q1 2026), and $61.3 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | -31.00 Mn |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | - |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 62.70 Mn |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 1.32 Bn |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 19.82 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | - |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 55.53 Mn |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 8.00 Mn |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 50.90 Mn |
| Apr 30, 2026 | 50.90 Mn |
| Jan 31, 2026 | 25.40 Mn |
| Jan 31, 2026 | 25.40 Mn |
| Oct 31, 2025 | 61.30 Mn |
| Oct 31, 2025 | 61.30 Mn |
| Jul 31, 2025 | 137.40 Mn |
| Jul 31, 2025 | 137.40 Mn |
| Apr 30, 2025 | 68.80 Mn |
| Apr 30, 2025 | 68.80 Mn |
| Jan 31, 2025 | 126.90 Mn |
| Jan 31, 2025 | 126.90 Mn |
| Oct 31, 2024 | 74.00 Mn |
| Oct 31, 2024 | 74.00 Mn |
| Jul 31, 2024 | 140.90 Mn |
| Jul 31, 2024 | 140.90 Mn |
| Apr 30, 2024 | 76.50 Mn |
| Apr 30, 2024 | 76.50 Mn |
| Jan 31, 2024 | 20.60 Mn |
| Jan 31, 2024 | 20.60 Mn |