The J.M. Smucker (SJM) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 44.1%
EBITDA Margin: 28.8%
Op. Margin: 23.1%
Net Margin: 14.6%

Op. margin of 23.1% is up 20.9% YoY — cost efficiency is improving. Net margin at 14.6% and gross margin of 44.1% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit