The J. M. Smucker Company (SJM) — Capital Reinvestment Ratio
The J. M. Smucker Company (SJM) has a Capital Reinvestment Ratio of 0.19x as of October 2025, meaning it reinvests 0% of its operating cash flow ($346.50 Million) in capital expenditures ($66.30 Million). Check tangible equity quality of The J. M. Smucker Company to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
The J. M. Smucker Company Capital Reinvestment Ratio (1990–2025)
This chart tracks The J. M. Smucker Company's Capital Reinvestment Ratio across 36 annual periods. For the full cash flow conversion analysis, see The J. M. Smucker Company cash conversion from operations.
Annual Capital Reinvestment Ratio for The J. M. Smucker Company (1990–2025)
Year-by-year Capital Reinvestment Ratio for The J. M. Smucker Company from 1990 to 2025. See how much free cash does The J. M. Smucker Company generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.33x | $1.21 Billion | $393.80 Million | ▼ -31.8% |
| 2024 | 0.48x | $1.23 Billion | $586.50 Million | ▲ +20.3% |
| 2023 | 0.40x | $1.19 Billion | $471.00 Million | ▲ +7.9% |
| 2022 | 0.37x | $1.14 Billion | $417.50 Million | ▲ +87.5% |
| 2021 | 0.20x | $1.56 Billion | $306.70 Million | ▼ -8.7% |
| 2020 | 0.21x | $1.25 Billion | $269.30 Million | ▼ -31.9% |
| 2019 | 0.32x | $1.14 Billion | $359.80 Million | ▲ +19.3% |
| 2018 | 0.26x | $1.22 Billion | $321.90 Million | ▲ +45.5% |
| 2017 | 0.18x | $1.06 Billion | $192.40 Million | ▲ +31.6% |
| 2016 | 0.14x | $1.46 Billion | $201.40 Million | ▼ -59.1% |
| 2015 | 0.34x | $733.20 Million | $247.70 Million | ▲ +3.5% |
| 2014 | 0.33x | $856.00 Million | $279.50 Million | ▲ +35.3% |
| 2013 | 0.24x | $855.85 Million | $206.51 Million | ▼ -35.7% |
| 2012 | 0.38x | $730.93 Million | $274.24 Million | ▼ -18.4% |
| 2011 | 0.46x | $391.56 Million | $180.08 Million | ▲ +139.5% |
| 2010 | 0.19x | $713.48 Million | $136.98 Million | ▼ -21.6% |
| 2009 | 0.24x | $444.83 Million | $108.91 Million | ▼ -38.6% |
| 2008 | 0.40x | $191.58 Million | $76.43 Million | ▲ +91.4% |
| 2007 | 0.21x | $273.42 Million | $57.00 Million | ▼ -34.6% |
| 2006 | 0.32x | $198.28 Million | $63.17 Million | ▼ -29.3% |
| 2005 | 0.45x | $194.40 Million | $87.58 Million | ▼ -43.3% |
| 2004 | 0.79x | $125.94 Million | $100.09 Million | ▲ +166.3% |
| 2003 | 0.30x | $165.97 Million | $49.52 Million | ▼ -14.8% |
| 2002 | 0.35x | $67.00 Million | $23.46 Million | ▲ +5.1% |
| 2001 | 0.33x | $88.20 Million | $29.39 Million | ▼ -65.3% |
| 2000 | 0.96x | $33.60 Million | $32.24 Million | ▲ +7.9% |
| 1999 | 0.89x | $43.52 Million | $38.69 Million | ▲ +86.7% |
| 1998 | 0.48x | $61.04 Million | $29.06 Million | ▲ +74.1% |
| 1997 | 0.27x | $57.60 Million | $15.75 Million | ▼ -46.9% |
| 1996 | 0.51x | $49.70 Million | $25.59 Million | ▲ +6.1% |
| 1995 | 0.49x | $39.08 Million | $18.96 Million | ▲ +43.1% |
| 1994 | 0.34x | $55.17 Million | $18.71 Million | ▼ -9.3% |
| 1993 | 0.37x | $56.20 Million | $21.00 Million | ▼ -11.1% |
| 1992 | 0.42x | $41.40 Million | $17.40 Million | ▼ -19.3% |
| 1991 | 0.52x | $33.20 Million | $17.30 Million | ▼ -57.0% |
| 1990 | 1.21x | $27.70 Million | $33.60 Million | — |