| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $8,003 | $7,999 | $8,529 | $8,179 | $8,726 |
| Gross Profit | $3,139 | $2,701 | $2,802 | $3,115 | $3,385 |
| Operating Income | $1,387 | $1,024 | $158 | $1,306 | -$674 |
| Net Income | $876 | $632 | -$91 | $744 | -$1,231 |

Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $8,003 | $7,999 | $8,529 | $8,179 | $8,726 |
| Gross Profit | $3,139 | $2,701 | $2,802 | $3,115 | $3,385 |
| Operating Income | $1,387 | $1,024 | $158 | $1,306 | -$674 |
| Net Income | $876 | $632 | -$91 | $744 | -$1,231 |
Over the five-year period, The J. M. Smucker Company’s revenue has shown moderate volatility, starting at USD 8,002.7 million in 2021, dipping slightly in 2022 (USD 7,998.9 million), then rising to USD 8,529.2 million in 2023, falling to USD 8,178.7 million in 2024, and peaking at USD 8,726.1 million in 2025. Gross profit followed a somewhat similar pattern, with an initial high of USD 3,138.7 million in 2021, a notable dip exceeding 14% to USD 2,700.7 million in 2022, a modest increase in 2023, and then a recovery that reached USD 3,384.7 million by 2025. These trends suggest that while top-line revenue remained relatively resilient, fluctuations in gross margin performance might be linked to cost pressures or shifts in product mix in a competitive packaged food market. Operating income and net income, however, experienced significant swings. Operating income fell dramatically—over 85% from USD 1,023.8 million in 2022 to just USD 157.5 million in 2023—before rebounding to USD 1,305.8 million the following year, and then sharply reversing to a loss of USD 673.9 million in 2025. Net income mirrored these fluctuations, moving from USD 876.3 million in 2021 to a loss of USD 91.3 million in 2023, recovering to a profit of USD 744 million in 2024 before declining to a loss of USD 1,230.8 million in 2025. Such dramatic changes, particularly swings exceeding 20% year-over-year, suggest periods of operational challenges and possibly rising expenses or strategic investments impacting profitability. Overall, while revenue and gross profit trends indicate a capacity to generate sales, the inconsistent operating and net income performance raises concerns about cost management and operational sustainability in a dynamic competitive and economic environment.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.