J. M. Smucker Balance Sheet Health
Financial Health criteria checks 2/6
J. M. Smucker has a total shareholder equity of $5.5B and total debt of $7.0B, which brings its debt-to-equity ratio to 125.6%. Its total assets and total liabilities are $16.2B and $10.7B respectively. J. M. Smucker's EBIT is $1.4B making its interest coverage ratio 3.6. It has cash and short-term investments of $58.6M.
Key information
125.61%
Debt to equity ratio
US$6.96b
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$58.60m |
| Equity | US$5.54b |
| Total liabilities | US$10.68b |
| Total assets | US$16.22b |
Recent financial health updates
Recent updates
SJM: Elliott Review And Coffee Cost Deflation Will Shape FY27 Earnings Profile
Analysts have raised the J. M.J.M. Smucker: A Strong Quarter May Be Just The Beginning
Summary The J. M. Smucker Company remains a Buy after a strong earnings report, with a sustainable 4% dividend yield paid to wait for a potential recovery. SJM is working on its turnaround, targeting net debt/EBITDA of ~3x by fiscal year-end and maintaining robust free cash flow to support dividends and potential buybacks in the future. Management guides FY27 net sales to decline 3–4% but expects Adj. EPS of $9.75–$10.25, with $1B in free cash flow after $325M in CAPEX. Risks include macro headwinds, elevated debt post-Hostess acquisition, regulatory uncertainty, and potential asset sales in a weak market, but catalysts like portfolio review and profit normalization remain. Read the full article on Seeking AlphaSJM: Elliott Partnership And Coffee Cost Deflation Will Support Future Margin Upside
The analyst price target for J. M.
Pet Ownership And At Home Coffee Trends Will Support Steady Brand Demand
Catalysts About J. M.SJM: Elliott Engagement And Coffee Cost Deflation Will Support Margin Upside
J. M.SJM: Elliott Engagement And Coffee Cost Deflation Will Support 2026 Execution
The analyst fair value estimate for J. M.SJM: Elliott Engagement And Coffee Cost Deflation Will Shape 2026 Execution
The analyst fair value estimate for J. M.SJM: Governance Changes And Execution In 2026 Will Shape EPS Outcomes
Our analyst fair value estimate for J. M.SJM: Mixed Volume Pressures And EPS Potential Will Shape 2026 Expectations
Analysts have trimmed their blended 12 month price target on J. M.SJM: Mixed Earnings Momentum And Volume Headwinds Will Shape Forward Expectations
Narrative Update Analysts have trimmed their price targets on J. M.Leadership Changes Will Stabilize The Hostess Brand And Support Future Earnings
Analysts have modestly raised J.M. Smucker’s price target to $116.00, citing improved coffee segment prospects and sector favoritism by JPMorgan, while lingering concerns over weak FY26 earnings guidance, tariff headwinds, and slow organic growth temper enthusiasm. Analyst Commentary Bullish analysts believe J.M. Smucker will benefit from improved coffee fundamentals and higher volume forecasts, supporting better coffee sales and profits.J. M. Smucker: The Recent Drop Appears Overdone, But Important Issues Persist
Summary J. M. Smucker's stock has underperformed the consumer staples sector, and for a good reason. The likelihood of a short-term reversal is quite high as progress is being made on the profitability side of the business. Nevertheless, I retain a Hold rating as issues related to recent acquisitions and the pet food business remain unresolved. Read the full article on Seeking AlphaJ. M. Smucker: Sweet Deal For Value Investors From A Dividend Aristocrat
Summary J. M. Smucker is undervalued at a forward PE of 10.7x, offering a solid 4.1% dividend yield with a well-covered 41% payout ratio. Recent performance shows promise with 17% YoY net sales growth and 7% YoY adjusted EPS growth, driven by the Hostess acquisition and key brands like Uncrustables and Jif. Management targets $100 million in annual savings by FY2026, with continued cost synergies and margin improvements expected to bolster earnings. SJM's deleveraging efforts and strong brand performance present a compelling entry point for value and income-focused investors. Read the full article on Seeking AlphaJ.M. Smucker: A Stable Business That Deserves Attention, Hold For Now
Summary SJM is a stable, low-growth business that has been expanding market share, and growing revenue, earnings, and dividends consistently over the decades. This dividend aristocrat is offering an attractive 4% dividend yield, which is far higher than the 2.01% offered by NOBL and the 2.38% by SDY. SJM has a narrow competitive moat from its diverse product range and experienced management. However, its high debt load will limit management's ability to grow value through share repurchases and new acquisitions. Factoring the near-and-mid-term headwinds with the high debt load, it will be prudent to wait for a better entry price with a wider margin of safety. Read the full article on Seeking Alpha
Uncrustables, Innovative Sweet Snacks, And Tactical Brand Investments Propel Toward $1 Billion Sales Goal
Expansion in sweet snacks and strategic pricing in coffee are expected to drive significant sales growth and enhance revenue.J. M. Smucker: Sticky Brands Help Round Out A Portfolio
Summary I'm attracted to food stocks like J. M. Smucker Company due to their strong brands and low beta, especially in a potential recession. Superinvestors have shown interest, but I prefer a price drop and to see the Hostess Brands acquisition impact before issuing a "Buy" rating. Valuation shows mixed signals: a DCF analysis suggests overvaluation, but using WACC and EV/EBITDA multiples, SJM appears relatively cheap. I rate SJM as a Hold for portfolio diversification, with a 1-2% position sizing, expecting brand loyalty to mitigate leverage risks. Read the full article on Seeking AlphaFinancial Position Analysis
Short Term Liabilities: SJM's short term assets ($2.0B) do not cover its short term liabilities ($2.5B).
Long Term Liabilities: SJM's short term assets ($2.0B) do not cover its long term liabilities ($8.1B).
Debt to Equity History and Analysis
Debt Level: SJM's net debt to equity ratio (124.6%) is considered high.
Reducing Debt: SJM's debt to equity ratio has increased from 58.5% to 125.6% over the past 5 years.
Debt Coverage: SJM's debt is well covered by operating cash flow (21.2%).
Interest Coverage: SJM's interest payments on its debt are well covered by EBIT (3.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/14 01:15 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/04/30 |
| Annual Earnings | 2026/04/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
The J. M. Smucker Company is covered by 34 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| Andrew Lazar | Barclays |
| Alexia Howard | Bernstein |