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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. JM Smucker Co's retained earnings for the quarter that ended in Apr. 2026 was MXN-1,774 Mil.
JM Smucker Co's quarterly retained earnings
declined
from Oct. 2025 (MXN8,683 Mil) to Jan. 2026 (MXN-6,468 Mil) but then
increased
from Jan. 2026 (MXN-6,468 Mil) to Apr. 2026 (MXN-1,774 Mil).
JM Smucker Co's annual retained earnings
declined
from Apr. 2024 (MXN37,338 Mil) to Apr. 2025 (MXN9,831 Mil) and
declined
from Apr. 2025 (MXN9,831 Mil) to Apr. 2026 (MXN-1,774 Mil).
JM Smucker Co (MEX:SJM) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
JM Smucker Co Retained Earnings Historical Data
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The historical data trend for JM Smucker Co's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of MXN-1,774 Mil mean?
JM Smucker Co (MEX:SJM) has a Retained Earnings of MXN-1,774 Mil as of Apr. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on JM Smucker Co and its competitors.
Is JM Smucker Co's Retained Earnings too high?
JM Smucker Co's current Retained Earnings is MXN-1,774 Mil. Overall, JM Smucker Co has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JM Smucker Co's Retained Earnings compare to JBS and MKC?
JM Smucker Co's Retained Earnings of MXN-1,774 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 Retained Earnings for a Consumer Packaged Goods company?
A good Retained Earnings depends on the Consumer Packaged Goods industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on JM Smucker Co and its competitors. JM Smucker Co's current Retained Earnings is MXN-1,774 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JM Smucker Co stock overvalued right now?
Based on GuruFocus' analysis, JM Smucker Co (MEX:SJM) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,117.25, compared to a current price of MXN1,960.00 — trading 7.4% below its estimated fair value. The current Retained Earnings is MXN-1,774 Mil. JM Smucker Co's overall GF Score™ is 54/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For JM Smucker Co (MEX:SJM), the current Retained Earnings is MXN-1,774 Mil as of Apr. 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 JM Smucker Co (MEX:SJM) Overvalued in 2026?
Based on GuruFocus' analysis, JM Smucker Co stock appears to be undervalued.
The current stock price of MXN1,960.00 is trading 7.4% below its estimated GF Value™ of MXN2,117.25.
GuruFocus considers JM Smucker Co to be Fairly Valued.
Key valuation signals for MEX:SJM:
Retained Earnings: MXN-1,774 Mil
GF Value™: MXN2,117.25 vs. price of MXN1,960.00 (7.4% below fair value)
No single metric tells the full story. See the MEX:SJM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
J.M. Smucker is a packaged food company that primarily sells through the US retail channel (73% of fiscal 2025 revenue came through its retail pet foods, coffee, and frozen handheld/spreads segments), with the remaining share consisting of sweet baked snacks (through the Hostess acquisition) and international (primarily Canada). Retail coffee is its largest category (32% of sales) with brands Folgers and Dunkin'. Pet foods (19% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from frozen handhelds and spreads, through brands Jif, Smucker's, and Uncrustables. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence.
54GF Score
Get the complete analysis for MEX:SJM
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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