Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 19.69% is 37% above its 5-year average of 14.33%, near the high end of its 5-year range (-28.35%–23.05%).
20.99% above its 12-month average of 16.27%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
19.69%
OPERATING MARGIN AVG TTM
16.27%
OPERATING MARGIN AVG 3Y
15.39%
OPERATING MARGIN AVG 5Y
14.33%
OPERATING MARGIN AVG 10Y
14.45%
OPERATING MARGIN AVG 15Y
15.23%
OPERATING MARGIN AVG 20Y
14.62%
CURRENT VS TTM AVG
+20.99%
CURRENT VS 3Y AVG
+27.96%
CURRENT VS 5Y AVG
+37.45%
CURRENT VS 10Y AVG
+36.29%
CURRENT VS 15Y AVG
+29.27%
CURRENT VS 20Y AVG
+34.64%
SECTOR MEDIAN · CONSUMER DEFENSIVE
11.72%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+67.93%
vs the sector median at left
The J. M. Smucker Company
Market Cap
$13.32B
Operating Margin
19.69%
TTM Avg
16.27%
3Y Avg
15.39%
5Y Avg
14.33%
Market Cap
$13.95B
Operating Margin
15.34%
TTM Avg
15.87%
3Y Avg
14.94%
5Y Avg
15.62%
Market Cap
$12.31B
Operating Margin
29.02%
TTM Avg
28.80%
3Y Avg
27.93%
5Y Avg
29.33%
Market Cap
$11.68B
Operating Margin
4.72%
TTM Avg
7.45%
3Y Avg
8.57%
5Y Avg
9.27%
Market Cap
$11.08B
Operating Margin
24.73%
TTM Avg
20.65%
3Y Avg
15.66%
5Y Avg
14.91%
Market Cap
$8.66B
Operating Margin
8.66%
TTM Avg
8.12%
3Y Avg
5.69%
5Y Avg
5.24%
Market Cap
$7.56B
Operating Margin
18.63%
TTM Avg
15.06%
3Y Avg
6.55%
5Y Avg
5.16%
Market Cap
$7.31B
Operating Margin
-14.43%
TTM Avg
-14.43%
3Y Avg
1.47%
5Y Avg
4.97%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The J. M. Smucker Company (SJM) | $13.32B | 19.69% | 16.27% | 15.39% | 14.33% |
| McCormick & Company, Incorporated (MKC)vs › | $13.95B | 15.34% | 15.87% | 14.94% | 15.62% |
| Brown-Forman Corporation (BF-B)vs › | $12.31B | 29.02% | 28.80% | 27.93% | 29.33% |
| Hormel Foods Corporation (HRL)vs › | $11.68B | 4.72% | 7.45% | 8.57% | 9.27% |
| The Clorox Company (CLX)vs › | $11.08B | 24.73% | 20.65% | 15.66% | 14.91% |
| Smithfield Foods, Inc. (SFD)vs › | $8.66B | 8.66% | 8.12% | 5.69% | 5.24% |
| Tyson Foods, Inc. (TSN)vs › | $18.53B | 2.49% | 2.65% | 3.21% | 4.85% |
| Celsius Holdings, Inc. (CELH)vs › | $7.56B | 18.63% | 15.06% | 6.55% | 5.16% |
| Conagra Brands, Inc. (CAG)vs › | $7.31B | -14.43% | -14.43% | 1.47% | 4.97% |
| Molson Coors Beverage Company (TAP)vs › | $7.28B | -22.74% | -2.97% | 1.96% | 2.96% |
Gross Margin
38.6%
Operating Margin
19.7%
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
| DATE | OPERATING MARGIN |
|---|---|
| 2026-07-31 | 23.05% |
| 2026-04-30 | 19.80% |
| 2026-01-31 | 17.88% |
| 2025-10-31 | 18.20% |
| 2025-07-31 | 2.44% |
| 2025-04-30 | -27.95% |
| 2025-01-31 | -27.17% |
| 2024-10-31 | 7.47% |
| 2024-07-31 | 16.45% |
| 2024-04-30 | 18.41% |
| 2024-01-31 | 13.34% |
| 2023-10-31 | 15.42% |
| 2023-07-31 | 16.81% |
| 2023-04-30 | -28.35% |
| 2023-01-31 | 14.34% |
| 2022-10-31 | 13.31% |
| 2022-07-31 | 9.59% |
| 2022-04-30 | 14.85% |
| 2022-01-31 | 7.32% |
| 2021-10-31 | 15.21% |
| 2021-07-31 | 13.96% |
| 2021-04-30 | 12.43% |
| 2021-01-31 | 19.56% |
| 2020-10-31 | 18.72% |
| 2020-07-31 | 18.31% |
| 2020-04-30 | 16.57% |
| 2020-01-31 | 14.65% |
| 2019-10-31 | 16.85% |
| 2019-07-31 | 14.48% |
| 2019-04-30 | 8.08% |
| 2019-01-31 | 10.82% |
| 2018-10-31 | 16.35% |
| 2018-07-31 | 11.93% |
| 2018-04-30 | 17.34% |
| 2018-01-31 | 8.62% |
| 2017-10-31 | 17.26% |
| 2017-07-31 | 13.45% |
| 2017-04-30 | 11.03% |
| 2017-01-31 | 12.65% |
| 2016-10-31 | 15.85% |
| 2016-07-31 | 16.18% |
| 2016-04-30 | 13.61% |
| 2016-01-31 | 16.13% |
| 2015-10-31 | 15.10% |
| 2015-07-31 | 13.68% |
| 2015-04-30 | 4.87% |
| 2015-01-31 | 17.72% |
| 2014-10-31 | 17.20% |
| 2014-07-31 | 14.47% |
| 2014-04-30 | 15.51% |
| 2014-01-31 | 17.98% |
| 2013-10-31 | 16.08% |
| 2013-07-31 | 15.79% |
| 2013-04-30 | 15.98% |
| 2013-01-31 | 16.56% |
| 2012-10-31 | 15.20% |
| 2012-07-31 | 13.91% |
| 2012-04-30 | 13.69% |
| 2012-01-31 | 13.65% |
| 2011-10-31 | 13.98% |
| 2011-07-31 | 15.20% |
| 2011-04-30 | 13.99% |
| 2011-01-31 | 16.23% |
| 2010-10-31 | 18.77% |
| 2010-07-31 | 15.77% |
| 2010-04-30 | 16.91% |
| 2010-01-31 | 17.40% |
| 2009-10-31 | 18.08% |
| 2009-07-31 | 16.06% |
| 2009-04-30 | 14.73% |
| 2009-01-31 | 11.45% |
| 2008-10-31 | 10.24% |
| 2008-07-31 | 10.82% |
| 2008-04-30 | 10.64% |
| 2008-01-31 | 10.36% |
| 2007-10-31 | 11.86% |
| 2007-07-31 | 12.20% |
| 2007-04-30 | 14.09% |
| 2007-01-31 | 12.31% |
| 2006-10-31 | 12.28% |
| 2006-07-31 | 9.28% |
| 2006-04-30 | 10.77% |
| 2006-01-31 | 8.89% |
| 2005-10-31 | 12.76% |
| 2005-07-31 | 9.73% |
| 2005-04-30 | 9.02% |
| 2005-01-31 | 10.86% |
| 2004-10-31 | 11.63% |
| 2004-07-31 | 11.67% |
| 2004-04-30 | 10.20% |
| 2004-01-31 | 14.40% |
| 2003-10-31 | 14.14% |
| 2003-07-31 | 12.14% |
| 2003-04-30 | 11.71% |
| 2003-01-31 | 14.52% |
| 2002-10-31 | 13.35% |