Is the business good?
How good a business is JJSF?
J&J Snack Foods Corp. earns 5.5% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
5.5%
Return on invested capital · cost of capital 9.0% · 3.5 points below what the capital costs: growth destroys value
- Operating margin
- 4.0%
Operating margin · Packaged Foods median 8.2% · 12 months to Q3 2026
- Cash conversion
- 1.87×
Cash conversion · 0.79× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −4.0%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 1.7% |
| FY2021 | 6.2% |
| FY2022 | 4.5% |
| FY2023 | 7.0% |
| FY2024 | 7.5% |
| FY2025 | 5.3% |
Details›
- Gross margin12 months to Q3 2026
- 31%
- Operating margin12 months to Q3 2026
- 4.0%
- Net margin12 months to Q3 2026
- 3.2%
- Free cash flow margin
- 6.0%
- Revenue, trailing twelve months
- $1.52B
- Free cash flow, trailing twelve months
- $92M
- Net income, trailing twelve months
- $49M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 5.5%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.