TTM
32.7%
YoY change
+0.70pp
Trough year (2008)
31.0%
Peak year (2021)
39.2%
Latest annual
38.8%
Gross Margin history chart for J. M. Smucker (SJM) from 1986 to 2025
Latest: 38.8%
Gross Margin change chart for J. M. Smucker (SJM) from 1986 to 2025
Latest: +0.70pp
Gross Margin history table for J. M. Smucker (SJM) from 1986 to 2025
| 2025 | 38.8% | +0.70pp | ||
| 2024 | 38.1% | +5.24pp | ||
| 2023 | 32.8% | -0.91pp | ||
| 2022 | 33.8% | -5.46pp | ||
| 2021 | 39.2% | +0.74pp | ||
| 2020 | 38.5% | +1.28pp | ||
| 2019 | 37.2% | -1.35pp | ||
| 2018 | 38.5% | +0.19pp | ||
| 2017 | 38.4% | +0.36pp | ||
| 2016 | 38.0% | +3.41pp | ||
| 2015 | 34.6% | -1.62pp | ||
| 2014 | 36.2% | +1.82pp | ||
| 2013 | 34.4% | +0.99pp | ||
| 2012 | 33.4% | -3.88pp | ||
| 2011 | 37.3% | -1.53pp | ||
| 2010 | 38.8% | +5.50pp | ||
| 2009 | 33.3% | +2.32pp | ||
| 2008 | 31.0% | -1.70pp | ||
| 2007 | 32.7% | +0.53pp | ||
| 2006 | 32.2% | -0.01pp | ||
| 2005 | 32.2% | -3.07pp | ||
| 2004 | 35.2% | +0.47pp | ||
| 2003 | 34.8% | +2.03pp | ||
| 2002 | 32.7% | +0.07pp | ||
| 2001 | 32.7% | -1.29pp | ||
| 2000 | 34.0% | -0.31pp | ||
| 1999 | 34.3% | -1.07pp | ||
| 1998 | 35.3% | -0.35pp | ||
| 1997 | 35.7% | -0.54pp | ||
| 1996 | 36.2% | +1.64pp | ||
| 1995 | 34.6% | -1.68pp | ||
| 1994 | 36.3% | -2.50pp | ||
| 1993 | 38.8% | +1.07pp | ||
| 1992 | 37.7% | +0.08pp | ||
| 1991 | 37.6% | +1.76pp | ||
| 1990 | 35.8% | -1.33pp | ||
| 1989 | 37.2% | +0.23pp | ||
| 1988 | 37.0% | +1.29pp | ||
| 1987 | 35.7% | +0.31pp | ||
| 1986 | 35.4% | — |
- 202538.8%+0.70pp
- 202438.1%+5.24pp
- 202332.8%-0.91pp
- 202233.8%-5.46pp
- 202139.2%+0.74pp
- 202038.5%+1.28pp
- 201937.2%-1.35pp
- 201838.5%+0.19pp
- 201738.4%+0.36pp
- 201638.0%+3.41pp
- 201534.6%-1.62pp
- 201436.2%+1.82pp
- 201334.4%+0.99pp
- 201233.4%-3.88pp
- 201137.3%-1.53pp
- 201038.8%+5.50pp
- 200933.3%+2.32pp
- 200831.0%-1.70pp
- 200732.7%+0.53pp
- 200632.2%-0.01pp
- 200532.2%-3.07pp
- 200435.2%+0.47pp
- 200334.8%+2.03pp
- 200232.7%+0.07pp
- 200132.7%-1.29pp
- 200034.0%-0.31pp
- 199934.3%-1.07pp
- 199835.3%-0.35pp
- 199735.7%-0.54pp
- 199636.2%+1.64pp
- 199534.6%-1.68pp
- 199436.3%-2.50pp
- 199338.8%+1.07pp
- 199237.7%+0.08pp
- 199137.6%+1.76pp
- 199035.8%-1.33pp
- 198937.2%+0.23pp
- 198837.0%+1.29pp
- 198735.7%+0.31pp
- 198635.4%—
Gross Margin values are taken from J. M. Smucker's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at J. M. Smucker (SJM)
According to J. M. Smucker's latest reported financial statements, the company's latest reported gross margin is 32.7%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of J. M. Smucker (SJM) gross margin is 38.79% – expanded 0.7 percentage points year-over-year.
39.22% stands as the all-time-high annual gross margin, posted in 2021, against a low of 30.98% during 2008.
J. M. Smucker Gross Margin by Year
J. M. Smucker Gross Margin 2025: 38.8%
In 2025, J. M. Smucker reported gross margin of 38.79%, expanded 0.7 percentage points from 2024.
J. M. Smucker Gross Margin 2024: 38.1%
J. M. Smucker gross margin in 2024 was 38.09%, expanded 5.2 percentage points from 2023.
J. M. Smucker Gross Margin 2023: 32.8%
2023's gross margin for J. M. Smucker came in at 32.85%, contracted 0.9 percentage points from 2022.
J. M. Smucker Gross Margin 2022: 33.8%
J. M. Smucker posted gross margin of 33.76% in 2022, contracted 5.5 percentage points from 2021.
J. M. Smucker Gross Margin 2021: 39.2%
J. M. Smucker gross margin in 2021 was 39.22%.
See more financial history for J. M. Smucker (SJM).
Sector peers by Gross Margin
Consumer Defensive peers of J. M. Smucker (SJM), ranked by their latest gross margin
| 67.8% | |
| 67.3% | |
| 61.7% | |
| 55.5% | |
| 54.1% | |
| 50.3% | |
| 25.0% | |
| 12.9% |
- 67.8%
- 61.7%
- 54.1%
- 25.0%
- 12.9%
Frequently asked questions
J. M. Smucker (SJM) Key Financials
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