JJSF (J&J Snack Foods) Operating Income: $100 Mil (TTM As of Mar. 2026)

What is J&J Snack Foods Operating Income?

J&J Snack Foods JJSF 66 Operating Income is $100 Mil as of Mar. 2026. GuruFocus rates JJSF with a GF Score™ of 66/100 and a GF Value™ of $143.67 (Significantly Undervalued). The stock has 3 warning signs investors should review.

J&J Snack Foods's Operating Income for the three months ended in Mar. 2026 was $7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $100 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. J&J Snack Foods's Operating Income for the three months ended in Mar. 2026 was $7 Mil. J&J Snack Foods's Revenue for the three months ended in Mar. 2026 was $345 Mil. Therefore, J&J Snack Foods's Operating Margin % for the quarter that ended in Mar. 2026 was 1.90%.

Good Sign:

J&J Snack Foods Corp operating margin is expanding. Margin expansion is usually a good sign.

J&J Snack Foods's 5-Year average Growth Rate for Operating Margin % was 18.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. J&J Snack Foods's annualized ROC % for the quarter that ended in Mar. 2026 was 1.67%. J&J Snack Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.41%.

J&J Snack Foods (NAS:JJSF) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

J&J Snack Foods's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	26.236 * ( 1 - 28.12% )	/	( (1123.091	+	1132.712)	/ 2 )
=	18.8584368	/	1127.9015
=	1.67 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	1313.274	-	123.422	-	( 66.761	-	max(0, 163.925	-	412.517	+	66.761	))
=	1123.091

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	1325.136	-	132.678	-	( 59.746	-	max(0, 207.5	-	433.487	+	59.746	))
=	1132.712

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

J&J Snack Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	10.54	/	( ( (540.622 + max(204.346, 0))	+	(533.241 + max(218.92, 0)) )	/	2 )
=	10.54	/	( ( 744.968	+	752.161 )	/	2 )
=	10.54	/	748.5645
=	1.41 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(161.44	+	172.05	+	12.266)	-	(123.422	+	0	+	17.988)
=	204.346

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(178.011	+	171.561	+	24.169)	-	(132.678	+	0	+	22.143)
=	218.92

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

J&J Snack Foods's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %	=	Operating Income (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	6.559	/	344.819
	=	1.90 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

J&J Snack Foods Operating Income Related Terms

J&J Snack Foods Operating Income Historical Data

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The historical data trend for J&J Snack Foods's Operating Income can be seen below:

J&J Snack Foods Operating Income Chart

J&J Snack Foods Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Operating Income

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72.49

62.81

111.20

117.55

100.03

J&J Snack Foods Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Operating Income	Get a 7-Day Free Trial															6.02	51.48	36.30	5.95	6.56

66GF Score

J&J Snack Foods Corp JJSF

Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.

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J&J Snack Foods Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $100 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $100 Mil mean?

J&J Snack Foods (JJSF) has a Operating Income of $100 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on J&J Snack Foods and its competitors.

Is J&J Snack Foods' Operating Income too high?

J&J Snack Foods' current Operating Income is $100 Mil. Overall, J&J Snack Foods has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does J&J Snack Foods' Operating Income compare to BRBR and HLF?

J&J Snack Foods' Operating Income of $100 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Operating Income for a Consumer Packaged Goods company?

A good Operating Income depends on the Consumer Packaged Goods industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Operating Income mean?

A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on J&J Snack Foods and its competitors. J&J Snack Foods's current Operating Income is $100 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is J&J Snack Foods stock overvalued right now?

Based on GuruFocus' analysis, J&J Snack Foods (JJSF) is currently considered Significantly Undervalued. The stock's GF Value™ is $143.67, compared to a current price of $75.75 — trading 47.3% below its estimated fair value. The current Operating Income is $100 Mil. J&J Snack Foods' overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Operating Income calculated?

Operating Income is calculated from a company's financial statements. For J&J Snack Foods (JJSF), the current Operating Income is $100 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is J&J Snack Foods (JJSF) Overvalued in 2026?

Based on GuruFocus' analysis, J&J Snack Foods stock appears to be undervalued. The current stock price of $75.75 is trading 47.3% below its estimated GF Value™ of $143.67. GuruFocus considers J&J Snack Foods to be Significantly Undervalued.

Key valuation signals for JJSF:

Operating Income: $100 Mil
GF Value™: $143.67 vs. price of $75.75 (47.3% below fair value)
GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the JJSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

J&J Snack Foods Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies BRBR HLF NOMD SMPL SENEA FLO JBSS WEST OFRM MAMA XSWX:NESN XPAR:BN BOG:NUTRESA TSE:2802 NSE:NESTLEIND SHSE:603288 KHC SHSE:600887 GIS SZSE:300999

Other Exchanges JJ1:Germany

Address 350 Fellowship Road, Mt. Laurel, NJ, USA, 08054

Website https://www.jjsnack.com

J&J Snack Foods Corp. manufactures snack foods and distributes frozen beverages, which it markets nationally to the foodservice and retail supermarket industries. The company's portfolio of frozen beverages, frozen novelties, and baked goods includes soft pretzels, frozen juice treats and desserts, stuffed sandwiches, churros, funnel cakes, cookies, and other snack foods and drinks. It operates through three segments: Food Service, which sells snacks, desserts, and baked goods at the point of sale; Retail Supermarkets, which sells frozen and prepackaged products to supermarkets; and Frozen Beverages, which sells frozen beverages under the ICEE, Slush Puppie, and Parrot Ice brands in the United States, Mexico, and Canada. The majority of revenue comes from the Food Service segment.

66GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$75.75

Price

$143.67

GF Value

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