J M Smucker (SJM) Tax Rate (2009 - 2026)
J M Smucker's (SJM) quarterly Tax Rate came in at 18.47% in Q2 2026, down 1389.0% YoY from 1.43% in Q2 2025, and down 66.52% on a QoQ basis from 11.09% in Q1 2026.
J M Smucker (SJM) Tax Rate (2009 - 2026) Analysis & Trends
J M Smucker's Tax Rate history runs 18 years deep, the most recent figure standing at 18.47% for Q2 2026.
- On a quarterly basis, Tax Rate fell 1389.0% year-over-year to 18.47% in Q2 2026; TTM through Apr 2026 was 122.28%, a 10470.0% decrease from a year earlier, with the FY2026 full-year figure at 122.28%, down 10470.0% from the prior year.
- Tax Rate was 18.47% for Q2 2026 at J M Smucker, down from 11.09% in the prior quarter.
- Over the last five years, Tax Rate for SJM reached as high as 136.68% in Q4 2024 and fell as low as 18.47% in Q2 2026.
- A 5-year average of 23.33% and a median of 22.31% in 2025 frame the typical range for Tax Rate.
- The widest annual swing landed in 2024, when Tax Rate jumped 11482 bps; it then tumbled 11246 bps in 2025.
- Tracing SJM's Tax Rate over 5 years: stood at 24.44% in 2022, then decreased by 11 bps to 21.85% in 2023, then jumped by 525 bps to 136.68% in 2024, then plunged by 82 bps to 24.21% in 2025, then tumbled by 176 bps to 18.47% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 18.47%, 11.09%, and 24.21% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Paranovus Entertainment Technology | 12,507.92 Bn | 12,507.92 Bn | - | - |
| 2 | Kraft Heinz | 27.05 Bn | 22.98 Bn | 2.22 Bn | 20.89 |
| 3 | General Mills | 17.93 Bn | 17.16 Bn | 1.37 Bn | 24.28 |
| 4 | Jbs | 13.56 Bn | 8.99 Bn | 2.32 Bn | -21.74 |
| 5 | Hormel Foods | 13.29 Bn | 12.44 Bn | 518.51 Mn | 23.63 |
| 6 | Mccormick | 12.45 Bn | 12.85 Bn | 708.90 Mn | 26.32 |
| 7 | Magnum Ice Cream | 11.94 Bn | 11.47 Bn | - | - |
| 8 | J M Smucker | 11.83 Bn | 11.77 Bn | 862.10 Mn | -18.47 |
| 9 | Smithfield Foods | 9.80 Bn | 8.73 Bn | 511.00 Mn | 22.29 |
| 10 | Darling Ingredients | 8.51 Bn | 8.55 Bn | 404.92 Mn | 21.99 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -18.47% |
| Apr 30, 2026 | -18.47% |
| Jan 31, 2026 | -11.09% |
| Jan 31, 2026 | -11.09% |
| Oct 31, 2025 | 24.21% |
| Oct 31, 2025 | 24.21% |
| Jul 31, 2025 | 22.30% |
| Jul 31, 2025 | 22.30% |
| Apr 30, 2025 | -4.58% |
| Apr 30, 2025 | -4.58% |
| Jan 31, 2025 | 0.03% |
| Jan 31, 2025 | 0.03% |
| Oct 31, 2024 | 136.68% |
| Oct 31, 2024 | 136.68% |
| Jul 31, 2024 | 24.80% |
| Jul 31, 2024 | 24.80% |
| Apr 30, 2024 | 21.72% |
| Apr 30, 2024 | 21.72% |
| Jan 31, 2024 | 38.41% |
| Jan 31, 2024 | 38.41% |