J M Smucker (SJM) Tax Rate (2009 - 2026)
J M Smucker (SJM) reported Tax Rate of 24.21% for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 1.91 percentage points from 22.30% a year earlier and up 42.68 percentage points from the prior quarter.
J M Smucker (SJM) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, J M Smucker's Tax Rate came in at 45.62%, up 53.80 percentage points year-over-year; for FY2026 (ended Apr 30, 2026), it came in at -122.28%, down 104.70 percentage points from FY2025.
- Tax Rate has a five-year change of -147.50 percentage points (FY2021 to FY2026).
- By fiscal year, Tax Rate came in at -17.58% in FY2025 (-42.91 pp), 25.33% in FY2024 (+917.72 pp), -892.39% in FY2023 (-917.53 pp) and 25.14% in FY2022 (-0.09 pp).
- Five-year quarterly Tax Rate spans a low of -18.47% in fiscal Q4 2026 and a high of 136.68% in fiscal Q2 2025.
- Year over year, Tax Rate gained in two of the last eight quarters, with an average year-over-year change of -10.99 percentage points.
- The high point for year-over-year Tax Rate in five years was fiscal Q2 2025 (a gain of 114.82 percentage points); the low point was fiscal Q2 2026 (a drop of 112.46 percentage points).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at -18.47% (Q4 2026), -11.09% (Q3 2026) and 24.21% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Unilever | 132.43 Bn | 107.80 Bn | - | - |
| 2 | Mondelez International | 73.80 Bn | 67.12 Bn | 3.99 Bn | 19.17% |
| 3 | Hershey | 31.86 Bn | 28.11 Bn | 1.26 Bn | 22.20% |
| 4 | Kraft Heinz | 26.96 Bn | 13.49 Bn | 2.03 Bn | - |
| 5 | General Mills | 17.20 Bn | 14.85 Bn | 1.49 Bn | 24.46% |
| 6 | J M Smucker | 12.70 Bn | 12.49 Bn | 979.60 Mn | 24.21% |
| 7 | Mccormick | 12.49 Bn | 12.36 Bn | 778.20 Mn | 28.84% |
| 8 | Hormel Foods | 10.97 Bn | 7.66 Bn | 471.52 Mn | 42.30% |
| 9 | Chewy | 7.31 Bn | 4.59 Bn | 1.01 Bn | 28.06% |
| 10 | Conagra Brands | 6.43 Bn | 5.74 Bn | 618.70 Mn | 25.16% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 24.21% |
| Oct 31, 2025 | 24.21% |
| 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% |
| 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% |
| Jul 31, 2021 | 25.00% |
| Apr 30, 2021 | 23.95% |
| Jan 31, 2021 | 27.66% |
| Oct 31, 2020 | 23.95% |
| Jul 31, 2020 | 24.43% |
| Apr 30, 2020 | 24.16% |
J M Smucker Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SJM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SJM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SJM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();