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 (SJM) has 18 years of Tax Rate data on file, last reported at 18.47% in 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 retreated to 18.47% in Q2 2026, from 11.09% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 136.68% in Q4 2024 to a low of 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 sank 11246 bps.
- Tracing SJM's Tax Rate over 5 years: stood at 24.44% in 2022, then slipped by 11 bps to 21.85% in 2023, then surged by 525 bps to 136.68% in 2024, then tumbled by 82 bps to 24.21% in 2025, then slumped by 176 bps to 18.47% in 2026.
- The last three Tax Rate figures came in at 18.47% (Q2 2026), 11.09% (Q1 2026), and 24.21% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 14.37% |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 10.77% |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 28.84% |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 56.69% |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 23.63% |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | -18.47% |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 22.13% |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 21.40% |
| 10 | Conagra Brands | 7.80 Bn | 7.58 Bn | 704.10 Mn | 30.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |