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Side-by-side financial comparison of J.M. Smucker Company (The) (SJM) and Tapestry, Inc. (TPR). Click either name above to swap in a different company.
Tapestry, Inc. is the larger business by last-quarter revenue ($2.5B vs $2.3B, roughly 1.1× J.M. Smucker Company (The)). Tapestry, Inc. runs the higher net margin — 22.4% vs 10.4%, a 12.1% gap on every dollar of revenue. On growth, Tapestry, Inc. posted the faster year-over-year revenue change (14.0% vs 2.6%). Tapestry, Inc. produced more free cash flow last quarter ($1.0B vs $280.2M). Over the past eight quarters, Tapestry, Inc.'s revenue compounded faster (29.9% CAGR vs 2.2%).
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.
Tapestry, Inc. is a leading American multinational luxury fashion holding company. It owns three iconic lifestyle brands: Coach, Kate Spade New York, and Stuart Weitzman, offering premium handbags, apparel, footwear, accessories, and fragrances to global consumers via physical retail stores and e-commerce platforms.
SJM vs TPR — Head-to-Head
Income Statement — Q2 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.3B | $2.5B |
| Net Profit | $241.3M | $561.3M |
| Gross Margin | 37.3% | 75.5% |
| Operating Margin | 18.0% | 28.6% |
| Net Margin | 10.4% | 22.4% |
| Revenue YoY | 2.6% | 14.0% |
| Net Profit YoY | 1084.9% | 80.8% |
| EPS (diluted) | $2.26 | $2.68 |
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 | $2.5B | ||
| Q3 25 | $2.1B | $1.7B | ||
| Q2 25 | $2.1B | $1.7B | ||
| Q1 25 | $2.2B | $1.6B | ||
| Q4 24 | $2.3B | $2.2B | ||
| Q3 24 | $2.1B | $1.5B | ||
| Q2 24 | $2.2B | $1.6B | ||
| Q1 24 | $2.2B | $1.5B |
| Q4 25 | $241.3M | $561.3M | ||
| Q3 25 | $-43.9M | $274.8M | ||
| Q2 25 | $-729.0M | $-517.1M | ||
| Q1 25 | $-662.3M | $203.3M | ||
| Q4 24 | $-24.5M | $310.4M | ||
| Q3 24 | $185.0M | $186.6M | ||
| Q2 24 | $245.1M | $159.3M | ||
| Q1 24 | $120.4M | $139.4M |
| Q4 25 | 37.3% | 75.5% | ||
| Q3 25 | 22.5% | 76.3% | ||
| Q2 25 | 38.4% | 76.3% | ||
| Q1 25 | 40.2% | 76.1% | ||
| Q4 24 | 39.0% | 74.4% | ||
| Q3 24 | 37.5% | 75.3% | ||
| Q2 24 | 41.4% | 74.9% | ||
| Q1 24 | 36.9% | 74.7% |
| Q4 25 | 18.0% | 28.6% | ||
| Q3 25 | 2.2% | 19.3% | ||
| Q2 25 | -27.9% | -33.9% | ||
| Q1 25 | -27.2% | 16.0% | ||
| Q4 24 | 7.5% | 22.4% | ||
| Q3 24 | 16.4% | 16.7% | ||
| Q2 24 | 18.4% | 14.8% | ||
| Q1 24 | 13.3% | 13.8% |
| Q4 25 | 10.4% | 22.4% | ||
| Q3 25 | -2.1% | 16.1% | ||
| Q2 25 | -34.0% | -30.0% | ||
| Q1 25 | -30.3% | 12.8% | ||
| Q4 24 | -1.1% | 14.1% | ||
| Q3 24 | 8.7% | 12.4% | ||
| Q2 24 | 11.1% | 10.0% | ||
| Q1 24 | 5.4% | 9.4% |
| Q4 25 | $2.26 | $2.68 | ||
| Q3 25 | $-0.41 | $1.28 | ||
| Q2 25 | $-6.86 | $-2.30 | ||
| Q1 25 | $-6.22 | $0.95 | ||
| Q4 24 | $-0.23 | $1.38 | ||
| Q3 24 | $1.74 | $0.79 | ||
| Q2 24 | $2.31 | $0.67 | ||
| Q1 24 | $1.13 | $0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.1B |
| Total DebtLower is stronger | $7.0B | $2.4B |
| Stockholders' EquityBook value | $6.1B | $551.2M |
| Total Assets | $17.6B | $6.5B |
| Debt / EquityLower = less leverage | 1.16× | 4.32× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $743.2M | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $7.3B | ||
| Q2 24 | — | $7.2B | ||
| Q1 24 | — | $7.4B |
| Q4 25 | $7.0B | $2.4B | ||
| Q3 25 | $7.0B | $2.4B | ||
| Q2 25 | $7.0B | $2.4B | ||
| Q1 25 | $7.4B | $2.4B | ||
| Q4 24 | $7.8B | $2.4B | ||
| Q3 24 | $7.8B | $7.0B | ||
| Q2 24 | $7.8B | $6.9B | ||
| Q1 24 | $8.1B | $7.7B |
| Q4 25 | $6.1B | $551.2M | ||
| Q3 25 | $5.9B | $399.5M | ||
| Q2 25 | $6.1B | $857.8M | ||
| Q1 25 | $6.9B | $1.5B | ||
| Q4 24 | $7.6B | $1.3B | ||
| Q3 24 | $7.8B | $3.0B | ||
| Q2 24 | $7.7B | $2.9B | ||
| Q1 24 | $7.6B | $2.8B |
| Q4 25 | $17.6B | $6.5B | ||
| Q3 25 | $17.7B | $6.4B | ||
| Q2 25 | $17.6B | $6.6B | ||
| Q1 25 | $18.4B | $7.3B | ||
| Q4 24 | $20.0B | $7.3B | ||
| Q3 24 | $20.3B | $13.7B | ||
| Q2 24 | $20.3B | $13.4B | ||
| Q1 24 | $20.2B | $13.7B |
| Q4 25 | 1.16× | 4.32× | ||
| Q3 25 | 1.19× | 5.95× | ||
| Q2 25 | 1.16× | 2.77× | ||
| Q1 25 | 1.07× | 1.59× | ||
| Q4 24 | 1.02× | 1.78× | ||
| Q3 24 | 1.00× | 2.35× | ||
| Q2 24 | 1.01× | 2.39× | ||
| Q1 24 | 1.07× | 2.77× |
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 | $346.5M | $1.1B |
| Free Cash FlowOCF − Capex | $280.2M | $1.0B |
| FCF MarginFCF / Revenue | 12.0% | 41.5% |
| Capex IntensityCapex / Revenue | 2.8% | 1.7% |
| Cash ConversionOCF / Net Profit | 1.44× | 1.93× |
| TTM Free Cash FlowTrailing 4 quarters | $635.5M | $1.6B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $346.5M | $1.1B | ||
| Q3 25 | $-10.6M | $112.6M | ||
| Q2 25 | $393.9M | $446.8M | ||
| Q1 25 | $239.4M | $144.3M | ||
| Q4 24 | $404.2M | $506.0M | ||
| Q3 24 | $172.9M | $119.5M | ||
| Q2 24 | $428.1M | $256.0M | ||
| Q1 24 | $406.5M | $97.8M |
| Q4 25 | $280.2M | $1.0B | ||
| Q3 25 | $-94.9M | $80.2M | ||
| Q2 25 | $298.9M | $411.5M | ||
| Q1 25 | $151.3M | $113.4M | ||
| Q4 24 | $317.2M | $475.1M | ||
| Q3 24 | $49.2M | $93.9M | ||
| Q2 24 | $297.5M | $209.8M | ||
| Q1 24 | $249.6M | $78.8M |
| Q4 25 | 12.0% | 41.5% | ||
| Q3 25 | -4.5% | 4.7% | ||
| Q2 25 | 13.9% | 23.9% | ||
| Q1 25 | 6.9% | 7.2% | ||
| Q4 24 | 14.0% | 21.6% | ||
| Q3 24 | 2.3% | 6.2% | ||
| Q2 24 | 13.5% | 13.2% | ||
| Q1 24 | 11.2% | 5.3% |
| Q4 25 | 2.8% | 1.7% | ||
| Q3 25 | 4.0% | 1.9% | ||
| Q2 25 | 4.4% | 2.0% | ||
| Q1 25 | 4.0% | 2.0% | ||
| Q4 24 | 3.8% | 1.4% | ||
| Q3 24 | 5.8% | 1.7% | ||
| Q2 24 | 5.9% | 2.9% | ||
| Q1 24 | 7.0% | 1.3% |
| Q4 25 | 1.44× | 1.93× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 1.63× | ||
| Q3 24 | 0.93× | 0.64× | ||
| Q2 24 | 1.75× | 1.61× | ||
| Q1 24 | 3.38× | 0.70× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
