Growth Metrics

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

J M Smucker's Operating Margin history spans 18 years, with the latest figure at 23.44% for Q1 2026.

  • For Q1 2026, Operating Margin rose 373.0% year-over-year to 23.44%; the TTM value through Jan 2026 reached 7.66%, down 1142.0%, while the annual FY2025 figure was 7.72%, 2369.0% down from the prior year.
  • Operating Margin reached 23.44% in Q1 2026 per SJM's latest filing, down from 17.96% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 18.41% in Q2 2024 to a low of 28.35% in Q2 2023.
  • Average Operating Margin over 5 years is 3.56%, with a median of 13.31% recorded in 2022.
  • Peak YoY movement for Operating Margin: skyrocketed 4675bps in 2024, then tumbled -4635bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 13.31% in 2022, then grew by 16bps to 15.42% in 2023, then plummeted by -52bps to 7.47% in 2024, then soared by 140bps to 17.96% in 2025, then tumbled by -231bps to 23.44% in 2026.
  • Per Business Quant, the three most recent readings for SJM's Operating Margin are 23.44% (Q1 2026), 17.96% (Q4 2025), and 2.16% (Q3 2025).