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Side-by-side financial comparison of J.M. Smucker Company (The) (SJM) and MARRIOTT VACATIONS WORLDWIDE Corp (VAC). 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 $1.2B, roughly 1.9× MARRIOTT VACATIONS WORLDWIDE Corp). J.M. Smucker Company (The) runs the higher net margin — 10.4% vs -35.0%, a 45.4% gap on every dollar of revenue. On growth, J.M. Smucker Company (The) posted the faster year-over-year revenue change (2.6% vs -0.7%). J.M. Smucker Company (The) produced more free cash flow last quarter ($280.2M vs $-6.0M). Over the past eight quarters, MARRIOTT VACATIONS WORLDWIDE Corp's revenue compounded faster (5.2% 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.
Marriott Vacations Worldwide Corporation is a pure-play public timeshare company. Formerly a division of Marriott International, Marriott Vacations Worldwide was established as a separate, publicly traded entity focusing primarily on vacation ownership in November 2011. Marriott Vacations Worldwide runs more than 120 resorts with over 700,000 Owners and members in a diverse portfolio of brands under The Marriott Vacation Clubs name. Its brands include Marriott Vacation Club, The Marriott Vaca...
SJM vs VAC — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.3B | $1.2B |
| Net Profit | $241.3M | $-431.0M |
| Gross Margin | 37.3% | — |
| Operating Margin | 18.0% | — |
| Net Margin | 10.4% | -35.0% |
| Revenue YoY | 2.6% | -0.7% |
| Net Profit YoY | 1084.9% | -962.0% |
| EPS (diluted) | $2.26 | $-12.00 |
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 | $1.2B | ||
| Q3 25 | $2.1B | $1.2B | ||
| Q2 25 | $2.1B | $1.2B | ||
| Q1 25 | $2.2B | $1.1B | ||
| Q4 24 | $2.3B | $1.2B | ||
| Q3 24 | $2.1B | $1.2B | ||
| Q2 24 | $2.2B | $1.1B | ||
| Q1 24 | $2.2B | $1.1B |
| Q4 25 | $241.3M | $-431.0M | ||
| Q3 25 | $-43.9M | $-2.0M | ||
| Q2 25 | $-729.0M | $69.0M | ||
| Q1 25 | $-662.3M | $56.0M | ||
| Q4 24 | $-24.5M | $50.0M | ||
| Q3 24 | $185.0M | $84.0M | ||
| Q2 24 | $245.1M | $37.0M | ||
| Q1 24 | $120.4M | $47.0M |
| Q4 25 | 37.3% | — | ||
| Q3 25 | 22.5% | — | ||
| Q2 25 | 38.4% | — | ||
| Q1 25 | 40.2% | — | ||
| Q4 24 | 39.0% | — | ||
| Q3 24 | 37.5% | — | ||
| Q2 24 | 41.4% | — | ||
| Q1 24 | 36.9% | — |
| Q4 25 | 18.0% | — | ||
| Q3 25 | 2.2% | — | ||
| Q2 25 | -27.9% | — | ||
| Q1 25 | -27.2% | — | ||
| Q4 24 | 7.5% | — | ||
| Q3 24 | 16.4% | — | ||
| Q2 24 | 18.4% | — | ||
| Q1 24 | 13.3% | — |
| Q4 25 | 10.4% | -35.0% | ||
| Q3 25 | -2.1% | -0.2% | ||
| Q2 25 | -34.0% | 6.0% | ||
| Q1 25 | -30.3% | 5.0% | ||
| Q4 24 | -1.1% | 4.0% | ||
| Q3 24 | 8.7% | 6.9% | ||
| Q2 24 | 11.1% | 3.5% | ||
| Q1 24 | 5.4% | 4.2% |
| Q4 25 | $2.26 | $-12.00 | ||
| Q3 25 | $-0.41 | $-0.07 | ||
| Q2 25 | $-6.86 | $1.77 | ||
| Q1 25 | $-6.22 | $1.46 | ||
| Q4 24 | $-0.23 | $1.29 | ||
| Q3 24 | $1.74 | $2.12 | ||
| Q2 24 | $2.31 | $0.98 | ||
| Q1 24 | $1.13 | $1.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $406.0M |
| Total DebtLower is stronger | $7.0B | — |
| Stockholders' EquityBook value | $6.1B | $2.0B |
| Total Assets | $17.6B | $9.8B |
| Debt / EquityLower = less leverage | 1.16× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $406.0M | ||
| Q3 25 | — | $474.0M | ||
| Q2 25 | — | $205.0M | ||
| Q1 25 | — | $196.0M | ||
| Q4 24 | — | $197.0M | ||
| Q3 24 | — | $197.0M | ||
| Q2 24 | — | $206.0M | ||
| Q1 24 | — | $237.0M |
| Q4 25 | $7.0B | — | ||
| Q3 25 | $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 | $2.0B | ||
| Q3 25 | $5.9B | $2.5B | ||
| Q2 25 | $6.1B | $2.5B | ||
| Q1 25 | $6.9B | $2.4B | ||
| Q4 24 | $7.6B | $2.4B | ||
| Q3 24 | $7.8B | $2.4B | ||
| Q2 24 | $7.7B | $2.4B | ||
| Q1 24 | $7.6B | $2.4B |
| Q4 25 | $17.6B | $9.8B | ||
| Q3 25 | $17.7B | $10.1B | ||
| Q2 25 | $17.6B | $9.9B | ||
| Q1 25 | $18.4B | $9.9B | ||
| Q4 24 | $20.0B | $9.8B | ||
| Q3 24 | $20.3B | $9.7B | ||
| Q2 24 | $20.3B | $9.6B | ||
| Q1 24 | $20.2B | $9.9B |
| Q4 25 | 1.16× | — | ||
| Q3 25 | 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 | $346.5M | $6.0M |
| Free Cash FlowOCF − Capex | $280.2M | $-6.0M |
| FCF MarginFCF / Revenue | 12.0% | -0.5% |
| Capex IntensityCapex / Revenue | 2.8% | 1.0% |
| Cash ConversionOCF / Net Profit | 1.44× | — |
| TTM Free Cash FlowTrailing 4 quarters | $635.5M | $-29.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $346.5M | $6.0M | ||
| Q3 25 | $-10.6M | $62.0M | ||
| Q2 25 | $393.9M | $-48.0M | ||
| Q1 25 | $239.4M | $8.0M | ||
| Q4 24 | $404.2M | $100.0M | ||
| Q3 24 | $172.9M | $72.0M | ||
| Q2 24 | $428.1M | $30.0M | ||
| Q1 24 | $406.5M | $3.0M |
| Q4 25 | $280.2M | $-6.0M | ||
| Q3 25 | $-94.9M | $51.0M | ||
| Q2 25 | $298.9M | $-68.0M | ||
| Q1 25 | $151.3M | $-6.0M | ||
| Q4 24 | $317.2M | $86.0M | ||
| Q3 24 | $49.2M | $58.0M | ||
| Q2 24 | $297.5M | $17.0M | ||
| Q1 24 | $249.6M | $-13.0M |
| Q4 25 | 12.0% | -0.5% | ||
| Q3 25 | -4.5% | 4.3% | ||
| Q2 25 | 13.9% | -5.9% | ||
| Q1 25 | 6.9% | -0.5% | ||
| Q4 24 | 14.0% | 6.9% | ||
| Q3 24 | 2.3% | 4.8% | ||
| Q2 24 | 13.5% | 1.6% | ||
| Q1 24 | 11.2% | -1.2% |
| Q4 25 | 2.8% | 1.0% | ||
| Q3 25 | 4.0% | 0.9% | ||
| Q2 25 | 4.4% | 1.7% | ||
| Q1 25 | 4.0% | 1.3% | ||
| Q4 24 | 3.8% | 1.1% | ||
| Q3 24 | 5.8% | 1.1% | ||
| Q2 24 | 5.9% | 1.2% | ||
| Q1 24 | 7.0% | 1.4% |
| Q4 25 | 1.44× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -0.70× | ||
| Q1 25 | — | 0.14× | ||
| Q4 24 | — | 2.00× | ||
| Q3 24 | 0.93× | 0.86× | ||
| Q2 24 | 1.75× | 0.81× | ||
| Q1 24 | 3.38× | 0.06× |
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% |
VAC
| Cost Reimbursement | $467.0M | 38% |
| Time Share | $381.0M | 31% |
| Management And Exchange | $212.0M | 17% |
| Ancillary Revenues | $64.0M | 5% |
| Management Service | $55.0M | 4% |
| Service Other | $36.0M | 3% |
