J M Smucker (SJM) Tax Rate (2009 - 2026)

J M Smucker (SJM) posted Tax Rate of 18.47% for Q2 2026, down 66.52% on a QoQ basis from 11.09% in Q1 2026, and down 1389.0% year-over-year from 1.43% in Q2 2025.

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.

  • Quarterly Tax Rate fell 1389.0% year-over-year to 18.47% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 122.28% (down 10470.0% YoY) and the FY2026 annual result came in 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.
  • Across five years, Tax Rate topped out at 136.68% in Q4 2024 and bottomed at 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.
  • Annual changes were most pronounced in 2024 — Tax Rate surged 11482 bps — and 2025, when it plunged 11246 bps.
  • J M Smucker's 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 plunged by 176 bps to 18.47% in 2026.
  • Business Quant data shows SJM's Tax Rate at 18.47% in Q2 2026, 11.09% in Q1 2026, and 24.21% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Kraft Heinz 30.29 Bn 26.20 Bn 2.22 Bn 20.89
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn 10.77
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn 23.63
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn 28.84
5 Magnum Ice Cream 10.95 Bn 10.43 Bn - -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn 22.29
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn 21.99
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn -
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn 32.34
10 J M Smucker 3.81 Mn 3.81 Mn 862.10 Mn -18.47

Historic Data

Download Data
DateValue
Apr 30, 2026 -18.47%
Apr 30, 2026 -18.47%
Apr 30, 2026 -18.47%
Jan 31, 2026 -11.09%
Jan 31, 2026 -11.09%
Jan 31, 2026 -11.09%
Oct 31, 2025 24.21%
Oct 31, 2025 24.21%
Oct 31, 2025 24.21%
Jul 31, 2025 22.30%
Jul 31, 2025 22.30%
Jul 31, 2025 22.30%
Apr 30, 2025 -4.58%
Apr 30, 2025 -4.58%
Apr 30, 2025 -4.58%
Jan 31, 2025 0.03%
Jan 31, 2025 0.03%
Jan 31, 2025 0.03%
Oct 31, 2024 136.68%
Oct 31, 2024 136.68%