The J.M. Smucker Company cash flow statement
In fiscal 2026, The J.M. Smucker Company's operations generated $1.47bn of cash; it spent $317m on capital projects, leaving free cash flow of $1.16bn. It returned $465m in dividends and $5.6m through buybacks.
Cash flow statement
| Fiscal year | 2010Apr 2010 | 2011Apr 2011 | 2012Apr 2012 | 2013Apr 2013 | 2014Apr 2014 | 2015Apr 2015 | 2016Apr 2016 | 2017Apr 2017 | 2018Apr 2018 | 2019Apr 2019 | 2020Apr 2020 | 2021Apr 2021 | 2022Apr 2022 | 2023Apr 2023 | 2024Apr 2024 | 2025Apr 2025 | 2026Apr 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 713 | 392 | 731 | 856 | 856 | 739 | 1,461 | 1,059 | 1,218 | 1,141 | 1,255 | 1,565 | 1,136 | 1,194 | 1,229 | 1,210 | 1,474 | 1,910 |
| Depreciation and amortisation | 108 | 112 | 120 | 154 | 158 | 158 | 222 | 212 | 206 | 206 | 210 | 220 | 236 | 224 | 240 | 283 | 346 | 331 |
| Stock-based pay | 26 | 24 | 22 | 21 | 23 | 24 | 35 | 22 | 15 | 21 | 27 | 29 | 22 | 26 | 24 | 30 | 24 | 27 |
| Capital spending | 137 | 180 | 274 | 207 | 280 | 248 | 201 | 192 | 322 | 360 | 269 | 307 | 418 | 477 | 587 | 394 | 317 | 322 |
| Free cash flow | 576 | 211 | 457 | 649 | 577 | 491 | 1,260 | 867 | 896 | 781 | 986 | 1,258 | 719 | 717 | 643 | 817 | 1,156 | 1,588 |
| Free cash flow after stock pay | 551 | 187 | 435 | 628 | 554 | 468 | 1,225 | 845 | 881 | 761 | 959 | 1,230 | 697 | 691 | 619 | 787 | 1,133 | 1,562 |
| Dividends paid | 166 | 194 | 214 | 223 | 238 | 254 | 317 | 339 | 350 | 378 | 397 | 403 | 418 | 430 | 438 | 455 | 465 | 467 |
| Share buybacks | 6 | 389 | 316 | 364 | 509 | 24 | 441 | 438 | 7 | 5 | 4 | 678 | 270 | 368 | 373 | 3 | 6 | 7 |
| Quarter | 2025 Q2Oct 2024 | 2025 Q3Jan 2025 | 2025 Q4Apr 2025 | 2026 Q1Jul 2025 | 2026 Q2Oct 2025 | 2026 Q3Jan 2026 | 2026 Q4Apr 2026 | 2027 Q1Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 404 | 239 | 394 | −11 | 347 | 559 | 579 | 426 |
| Depreciation and amortisation | 72 | 68 | 70 | 85 | 93 | 94 | 75 | 70 |
| Stock-based pay | 7 | 9 | 5 | 9 | 9 | 3 | 3 | 12 |
| Capital spending | 87 | 88 | 95 | 84 | 66 | 72 | 95 | 88 |
| Free cash flow | 317 | 151 | 299 | −95 | 280 | 487 | 484 | 337 |
| Free cash flow after stock pay | 310 | 142 | 294 | −104 | 271 | 485 | 481 | 325 |
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