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SJM (JM Smucker Co) Operating Margin % : 18.09% (As of Apr. 2025)


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What is JM Smucker Co Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. JM Smucker Co's Operating Income for the three months ended in Apr. 2025 was $388 Mil. JM Smucker Co's Revenue for the three months ended in Apr. 2025 was $2,144 Mil. Therefore, JM Smucker Co's Operating Margin % for the quarter that ended in Apr. 2025 was 18.09%.

Good Sign:

JM Smucker Co operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for JM Smucker Co's Operating Margin % or its related term are showing as below:

SJM' s Operating Margin % Range Over the Past 10 Years
Min: 13.84   Med: 16.76   Max: 18.96
Current: 18.96


SJM's Operating Margin % is ranked better than
90.07% of 1894 companies
in the Consumer Packaged Goods industry
Industry Median: 5.31 vs SJM: 18.96

JM Smucker Co's 5-Year Average Operating Margin % Growth Rate was 2.00% per year.

JM Smucker Co's Operating Income for the three months ended in Apr. 2025 was $388 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2025 was $1,655 Mil.


JM Smucker Co Operating Margin % Historical Data

The historical data trend for JM Smucker Co's Operating Margin % can be seen below:

* 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.

* Premium members only.

JM Smucker Co Operating Margin % Chart

JM Smucker Co Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.32 14.66 13.84 17.72 18.96

JM Smucker Co Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.52 16.78 19.43 21.45 18.09

Competitive Comparison of JM Smucker Co's Operating Margin %

For the Packaged Foods subindustry, JM Smucker Co's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


JM Smucker Co's Operating Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, JM Smucker Co's Operating Margin % distribution charts can be found below:

* The bar in red indicates where JM Smucker Co's Operating Margin % falls into.


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JM Smucker Co Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

JM Smucker Co's Operating Margin % for the fiscal year that ended in Apr. 2025 is calculated as

Operating Margin %=Operating Income (A: Apr. 2025 ) / Revenue (A: Apr. 2025 )
=1654.5 / 8726.1
=18.96 %

JM Smucker Co's Operating Margin % for the quarter that ended in Apr. 2025 is calculated as

Operating Margin %=Operating Income (Q: Apr. 2025 ) / Revenue (Q: Apr. 2025 )
=387.9 / 2143.8
=18.09 %

* 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.


JM Smucker Co  (NYSE:SJM) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

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 (Diluted) 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.


JM Smucker Co Operating Margin % Related Terms

Thank you for viewing the detailed overview of JM Smucker Co's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


JM Smucker Co Business Description

Traded in Other Exchanges
Address
One Strawberry Lane, Orrville, OH, USA, 44667-0280
J.M. Smucker is a packaged food company that primarily sells through the US retail channel (78% of fiscal 2024 revenue came through its retail pet foods, coffee, and frozen handheld/spreads segments), with the remaining share consisting of Hostess and international (primarily Canada). Retail coffee is its largest category (33% of sales) with brands Folgers and Dunkin'. Pet foods (22% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from consumer foods, primarily peanut butter and jelly, through brands Jif and Smucker's. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence.
Executives
Jill R Penrose officer: Chief People & Admin Officer ONE STRAWBERRY LANE, ORRVILLE OH 44667
Jeannette L Knudsen officer: Chief Legal & Compliance Offic ONE STRAWBERRY LANE, ORRVILLE OH 44667
Tucker H Marshall officer: Chief Financial Officer ONE STRAWBERRY LANE, ORRVILLE OH 44667
Tarang Amin director C/O SCHIFF NUTRITION INTERNATIONAL, INC., 2002 SOUTH 5070 WEST, SALT LAKE CITY UT 84104
Mark T Smucker officer: Vice President
Amy C Held officer: Chief Strategy & Int'l Officer ONE STRAWBERRY LANE, ORRVILLE OH 44667
Mercedes Abramo director ONE STRAWBERRY LANE, ORRVILLE OH 44667
Richard K Smucker director, officer: President C/ WM WRIGLEY JR CO, 410 N MICHIGAN AVE, CHICAGO IL 60611
John P Brase officer: Chief Operating Officer ONE STRAWBERRY LANE, ORRVILLE OH 44667
Geoff E Tanner officer: Chief Marketing & Commercial ONE STRAWBERRY LANE, ORRVILLE OH 44667
Johnson Jonathan E Iii director 6322 S 300 S, STE 100, SALT LAKE CITY UT 84121
Nancy Lopez Knight director 2308 TARA DRIVE, ALBANY GA 31721
Jay L Henderson director 50 SOUTH LASALLE ST, CHICAGO IL 60603
Dawn C Willoughby director 1221 BROADWAY, OAKLAND CA 94612
Sandra Pianalto director 1000 EATON BOULEVARD, CLEVELAND OH 44122