vs
Side-by-side financial comparison of Qnity Electronics, Inc. (Q) and J.M. Smucker Company (The) (SJM). Click either name above to swap in a different company.
J.M. Smucker Company (The) is the larger business by last-quarter revenue ($2.3B vs $1.3B, roughly 1.8× Qnity Electronics, Inc.). Qnity Electronics, Inc. runs the higher net margin — 16.5% vs 10.4%, a 6.2% gap on every dollar of revenue. On growth, Qnity Electronics, Inc. posted the faster year-over-year revenue change (11.1% vs 2.6%). Qnity Electronics, Inc. produced more free cash flow last quarter ($568.0M vs $280.2M).
The J.M. Smucker Company, also known as Smucker's, is an American manufacturer of food and beverage products. Headquartered in Orrville, Ohio, the company was founded in 1897 as a maker of apple butter. J.M. Smucker currently has three major business units: consumer foods, pet foods, and coffee. Its flagship brand, Smucker's, produces fruit preserves, peanut butter, syrups, frozen crustless sandwiches, and ice cream toppings.
Q vs SJM — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.3B | $2.3B |
| Net Profit | $211.0M | $241.3M |
| Gross Margin | 45.1% | 37.3% |
| Operating Margin | 21.3% | 18.0% |
| Net Margin | 16.5% | 10.4% |
| Revenue YoY | 11.1% | 2.6% |
| Net Profit YoY | 6.0% | 1084.9% |
| EPS (diluted) | $1.01 | $2.26 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $2.3B | ||
| Q3 25 | $1.3B | $2.1B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | $1.1B | $2.1B | ||
| Q2 24 | — | $2.2B | ||
| Q1 24 | — | $2.2B |
| Q4 25 | — | $241.3M | ||
| Q3 25 | $211.0M | $-43.9M | ||
| Q2 25 | — | $-729.0M | ||
| Q1 25 | — | $-662.3M | ||
| Q4 24 | — | $-24.5M | ||
| Q3 24 | $199.0M | $185.0M | ||
| Q2 24 | — | $245.1M | ||
| Q1 24 | — | $120.4M |
| Q4 25 | — | 37.3% | ||
| Q3 25 | 45.1% | 22.5% | ||
| Q2 25 | — | 38.4% | ||
| Q1 25 | — | 40.2% | ||
| Q4 24 | — | 39.0% | ||
| Q3 24 | 47.0% | 37.5% | ||
| Q2 24 | — | 41.4% | ||
| Q1 24 | — | 36.9% |
| Q4 25 | — | 18.0% | ||
| Q3 25 | 21.3% | 2.2% | ||
| Q2 25 | — | -27.9% | ||
| Q1 25 | — | -27.2% | ||
| Q4 24 | — | 7.5% | ||
| Q3 24 | 21.8% | 16.4% | ||
| Q2 24 | — | 18.4% | ||
| Q1 24 | — | 13.3% |
| Q4 25 | — | 10.4% | ||
| Q3 25 | 16.5% | -2.1% | ||
| Q2 25 | — | -34.0% | ||
| Q1 25 | — | -30.3% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | 17.3% | 8.7% | ||
| Q2 24 | — | 11.1% | ||
| Q1 24 | — | 5.4% |
| Q4 25 | — | $2.26 | ||
| Q3 25 | $1.01 | $-0.41 | ||
| Q2 25 | — | $-6.86 | ||
| Q1 25 | — | $-6.22 | ||
| Q4 24 | — | $-0.23 | ||
| Q3 24 | $0.95 | $1.74 | ||
| Q2 24 | — | $2.31 | ||
| Q1 24 | — | $1.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $128.0M | — |
| Total DebtLower is stronger | $1.7B | $7.0B |
| Stockholders' EquityBook value | $9.1B | $6.1B |
| Total Assets | $12.5B | $17.6B |
| Debt / EquityLower = less leverage | 0.19× | 1.16× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $128.0M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $7.0B | ||
| Q3 25 | $1.7B | $7.0B | ||
| Q2 25 | — | $7.0B | ||
| Q1 25 | — | $7.4B | ||
| Q4 24 | — | $7.8B | ||
| Q3 24 | — | $7.8B | ||
| Q2 24 | — | $7.8B | ||
| Q1 24 | — | $8.1B |
| Q4 25 | — | $6.1B | ||
| Q3 25 | $9.1B | $5.9B | ||
| Q2 25 | — | $6.1B | ||
| Q1 25 | — | $6.9B | ||
| Q4 24 | — | $7.6B | ||
| Q3 24 | $11.1B | $7.8B | ||
| Q2 24 | — | $7.7B | ||
| Q1 24 | — | $7.6B |
| Q4 25 | — | $17.6B | ||
| Q3 25 | $12.5B | $17.7B | ||
| Q2 25 | — | $17.6B | ||
| Q1 25 | — | $18.4B | ||
| Q4 24 | — | $20.0B | ||
| Q3 24 | — | $20.3B | ||
| Q2 24 | — | $20.3B | ||
| Q1 24 | — | $20.2B |
| Q4 25 | — | 1.16× | ||
| Q3 25 | 0.19× | 1.19× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | — | 1.07× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.00× | ||
| Q2 24 | — | 1.01× | ||
| Q1 24 | — | 1.07× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $782.0M | $346.5M |
| Free Cash FlowOCF − Capex | $568.0M | $280.2M |
| FCF MarginFCF / Revenue | 44.5% | 12.0% |
| Capex IntensityCapex / Revenue | 16.8% | 2.8% |
| Cash ConversionOCF / Net Profit | 3.71× | 1.44× |
| TTM Free Cash FlowTrailing 4 quarters | — | $635.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $346.5M | ||
| Q3 25 | $782.0M | $-10.6M | ||
| Q2 25 | — | $393.9M | ||
| Q1 25 | — | $239.4M | ||
| Q4 24 | — | $404.2M | ||
| Q3 24 | — | $172.9M | ||
| Q2 24 | — | $428.1M | ||
| Q1 24 | — | $406.5M |
| Q4 25 | — | $280.2M | ||
| Q3 25 | $568.0M | $-94.9M | ||
| Q2 25 | — | $298.9M | ||
| Q1 25 | — | $151.3M | ||
| Q4 24 | — | $317.2M | ||
| Q3 24 | — | $49.2M | ||
| Q2 24 | — | $297.5M | ||
| Q1 24 | — | $249.6M |
| Q4 25 | — | 12.0% | ||
| Q3 25 | 44.5% | -4.5% | ||
| Q2 25 | — | 13.9% | ||
| Q1 25 | — | 6.9% | ||
| Q4 24 | — | 14.0% | ||
| Q3 24 | — | 2.3% | ||
| Q2 24 | — | 13.5% | ||
| Q1 24 | — | 11.2% |
| Q4 25 | — | 2.8% | ||
| Q3 25 | 16.8% | 4.0% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | — | 3.8% | ||
| Q3 24 | — | 5.8% | ||
| Q2 24 | — | 5.9% | ||
| Q1 24 | — | 7.0% |
| Q4 25 | — | 1.44× | ||
| Q3 25 | 3.71× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.93× | ||
| Q2 24 | — | 1.75× | ||
| Q1 24 | — | 3.38× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
Q
| Semiconductor Technologies | $693.0M | 54% |
| Interconnect Solutions | $583.0M | 46% |
SJM
| U.S.Retail Frozen Handheld And Spreads | $461.1M | 20% |
| U.S.Retail Pet Foods | $413.2M | 18% |
| Handheld Frozen Sandwiches | $262.9M | 11% |
| Sweet Baked Snacks | $256.1M | 11% |
| Pet Snacks | $232.0M | 10% |
| Cat Food | $197.2M | 8% |
| Peanut Butter | $187.1M | 8% |
| CA | $94.5M | 4% |
| Fruit Spreads | $92.2M | 4% |
| Other | $50.5M | 2% |
| Portion Control | $50.1M | 2% |
| All Other International | $33.2M | 1% |
