J M Smucker (SJM) Tax Rate (2009 - 2026)
J M Smucker's (SJM) quarterly Tax Rate came in at 24.21% in Q3 2026, up 191.0% on a YoY basis from 8.32% in Q3 2025, and up 231.1% quarter-over-quarter from 18.47% in Q2 2026.
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Analysis
J M Smucker (SJM) Tax Rate (2009 - 2026) Analysis & Trends
J M Smucker (SJM) has reported Tax Rate for 18 consecutive years, with 24.21% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Tax Rate rose 191.0% year-over-year to 24.21%; the trailing twelve-month figure through Jul 2026 stood at 45.62% (up 5380.0% YoY), and the FY2026 full-year result was 122.28%, down 10470.0% from the prior year.
- Tax Rate advanced to 24.21% in Q3 2026 per SJM's latest filing, from 18.47% in the prior quarter.
- Across five years, Tax Rate topped out at 136.68% in Q4 2024 and bottomed at 18.47% in Q2 2026.
- Historically, Tax Rate has averaged 23.38% across 5 years, with a median of 22.33% in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 11482 bps in 2024, then slumped 11246 bps in 2025.
- Over 5 years, Tax Rate stood at 24.44% in 2022, then declined by 11 bps to 21.85% in 2023, then jumped by 525 bps to 136.68% in 2024, then sank by 82 bps to 24.21% in 2025, then fell by 0 bps to 24.21% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 24.21%, 18.47%, and 11.09% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 28.93 Bn | 26.25 Bn | 2.03 Bn | 14.37% |
| 2 | General Mills | 19.30 Bn | 18.85 Bn | 1.60 Bn | 10.77% |
| 3 | Mccormick | 13.76 Bn | 13.43 Bn | 778.20 Mn | 28.84% |
| 4 | J M Smucker | 12.92 Bn | 12.88 Bn | 979.60 Mn | 24.21% |
| 5 | Hormel Foods | 11.47 Bn | 10.60 Bn | 471.52 Mn | 42.30% |
| 6 | Chewy | 8.74 Bn | 8.22 Bn | 1.01 Bn | 27.80% |
| 7 | Conagra Brands | 7.04 Bn | 6.82 Bn | 704.10 Mn | 30.73% |
| 8 | Lamb Weston Holdings | 6.57 Bn | 6.50 Bn | 361.40 Mn | 11.46% |
| 9 | Campbell'S | 6.23 Bn | 5.83 Bn | 650.00 Mn | 22.01% |
| 10 | Post Holdings | 3.62 Bn | 3.36 Bn | 566.30 Mn | 26.67% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 24.21% |
| Apr 30, 2026 | -18.47% |
| Jan 31, 2026 | -11.09% |
| Oct 31, 2025 | 24.21% |
| Jul 31, 2025 | 22.30% |
| Apr 30, 2025 | -4.58% |
| Jan 31, 2025 | 0.03% |
| Oct 31, 2024 | 136.68% |
| Jul 31, 2024 | 24.80% |
| Apr 30, 2024 | 21.72% |
| Jan 31, 2024 | 38.41% |
| Oct 31, 2023 | 21.85% |
| Jul 31, 2023 | 22.99% |
| Apr 30, 2023 | 11.48% |
| Jan 31, 2023 | 24.29% |
| Oct 31, 2022 | 24.44% |
| Jul 31, 2022 | 22.18% |
| Apr 30, 2022 | 22.33% |
| Jan 31, 2022 | 36.41% |
| Oct 31, 2021 | 23.36% |