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| 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% |