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The J. M. Smucker Company (SJM)
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The J. M. Smucker Company (SJM) Operating Margin: 3.98%

Is The J. M. Smucker Company’s operating margin high or low?

The J. M. Smucker Company's operating margin of 3.98% is 46% below its 5-year average of 7.37%, around the middle of its 5-year range (-7.72%–17.33%).

The operating margin for The J. M. Smucker Company (SJM) is 3.98% as of Wednesday, June 10, 2026. It is above its 12-month average by 312.83% (-1.87%).

SJM Operating Margin Chart

SJM Operating Margin
3.98%+151.55% 1Y
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SJM Average Operating Margin Chart

SJM Current vs Average Operating Margin Chart

SJM Operating Margin Metrics

OPERATING MARGIN

3.98%

OPERATING MARGIN AVG TTM

-1.87%

OPERATING MARGIN AVG 3Y

3.52%

OPERATING MARGIN AVG 5Y

7.37%

OPERATING MARGIN AVG 10Y

10.43%

OPERATING MARGIN AVG 15Y

11.90%

OPERATING MARGIN AVG 20Y

12.07%

CURRENT VS TTM AVG

+312.83%

CURRENT VS 3Y AVG

+13.07%

CURRENT VS 5Y AVG

-45.99%

CURRENT VS 10Y AVG

-61.83%

CURRENT VS 15Y AVG

-66.55%

CURRENT VS 20Y AVG

-67.02%

SJM Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
The J. M. Smucker Company (SJM)3.98%-1.87%3.52%7.37%
The Clorox Company (CLX)$12.08B15.68%13.38%12.00%13.91%
McCormick & Company, Incorporated (MKC)$13.25B15.51%15.87%14.94%15.62%
Hormel Foods Corporation (HRL)$13.38B5.75%7.45%8.57%9.27%
Celsius Holdings, Inc. (CELH)$7.43B10.40%15.06%6.55%5.16%
General Mills, Inc. (GIS)$18.02B19.07%17.12%17.41%17.29%
Conagra Brands, Inc. (CAG)$6.37B12.28%9.41%9.81%11.37%
Dollar Tree, Inc. (DLTR)$21.29B8.54%8.28%9.04%9.52%
Church & Dwight Co., Inc. (CHD)$23.34B17.30%15.30%14.93%16.93%
Dollar General Corporation (DG)$24.02B5.26%4.69%6.12%6.78%

Operating Efficiency

Gross Margin

33.5%

Operating Margin

4.0%

The J. M. Smucker Company Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

The J. M. Smucker Company Operating Margin FAQ

What is the operating margin for The J. M. Smucker Company (SJM)?
The operating margin for SJM stock is 3.98%.
Is The J. M. Smucker Company's operating margin high or low?
The J. M. Smucker Company's operating margin of 3.98% is 46% below its 5-year average of 7.37%, around the middle of its 5-year range (-7.72%–17.33%).
What is the TTM average operating margin for The J. M. Smucker Company (SJM)?
The TTM average operating margin for SJM stock is -1.87%.
What is the 3Y average operating margin for The J. M. Smucker Company (SJM)?
The 3Y average operating margin for SJM stock is 3.52%.
What is the 5Y average operating margin for The J. M. Smucker Company (SJM)?
The 5Y average operating margin for SJM stock is 7.37%.
What is the 10Y average operating margin for The J. M. Smucker Company (SJM)?
The 10Y average operating margin for SJM stock is 10.43%.
What is the 15Y average operating margin for The J. M. Smucker Company (SJM)?
The 15Y average operating margin for SJM stock is 11.90%.
What is the 20Y average operating margin for The J. M. Smucker Company (SJM)?
The 20Y average operating margin for SJM stock is 12.07%.

The J. M. Smucker Company Operating Margin History

DATEOPERATING MARGIN
2026-04-303.98%
2025-04-30-7.72%
2024-04-3015.97%
2023-04-301.85%
2022-04-3012.80%
2021-04-3017.33%
2020-04-3015.68%
2019-04-3011.85%
2018-04-3014.19%
2017-04-3014.10%
2016-04-3014.66%
2015-04-3013.56%
2014-04-3016.38%
2013-04-3015.44%
2012-04-3014.08%
2011-04-3016.25%
2010-04-3017.17%
2009-04-3012.04%
2008-04-3011.26%
2007-04-3011.97%
2006-04-3010.62%
2005-04-3010.80%
2004-04-3012.93%
2003-04-3012.54%
2002-04-307.97%
2001-04-308.39%
2000-04-306.42%
1999-04-309.79%
1998-04-3010.09%
1997-04-309.81%

About The J. M. Smucker Company

The J. M. Smucker Company is an international enterprise specializing in the production and marketing of a diverse portfolio of branded food and beverage items. Its operations are organized into three principal U.S. retail divisions: Pet Foods, Coffee, and Consumer Foods. The company's extensive product offerings encompass various coffee options, including roast, ground, single-serve, and premium blends; a wide selection of spreads such as peanut butter and fruit preserves; cooking staples like shortening and oils; convenient frozen sandwiches and snacks; and a full range of pet food and treats. Additionally, Smucker provides hot beverages, portion-controlled items, and flour products for the foodservice sector, alongside frozen handheld meals, juices, beverages, and baking ingredients. These items are marketed under numerous recognizable brands, including Meow Mix, 9Lives, Kibbles 'n Bits, Milk-Bone, Pup-Peroni, Rachael Ray Nutrish, Nature's Recipe, Folgers, Café Bustelo, Dunkin', 1850, Jif, Smucker's, Smucker's Uncrustables, Robin Hood, and Five Roses. The company distributes its products through a vast network, utilizing both direct sales and brokers to reach grocery stores, club stores, discount and dollar retailers, online platforms, pet specialty stores, natural food outlets and their distributors, pharmacies, military commissaries, and large mass merchandisers. Founded in 1897, The J. M. Smucker Company is headquartered in Orrville, Ohio.

Orrville, OH
9,000 employees
Consumer Defensive / Packaged Foods
Sector
Consumer Defensive
Industry
Packaged Foods
CEO
Captain Mark T. Smucker