The business behind the dividend
| Measure | JBSS | Median | Formula |
|---|---|---|---|
| Return on equity | 16.3% | 11.7% | Net income ÷ shareholders’ equity |
| Return on capital employed | 21.1% | 10.1% | Operating income ÷ (equity + total debt) |
| Owner earnings | $2.04m | $632.00m | Net income + depreciation & amortisation − capital expenditure |
| Free cash flow | $35.75m | $746.10m | Operating cash flow − capital expenditure |
| Operating margin | 7.6% | 15.0% | Operating income ÷ revenue |
| Net margin | 5.3% | 10.2% | Net income ÷ revenue |
| Debt to equity | 0.11x | 0.79x | Total debt ÷ shareholders’ equity |
| Interest cover | 36.72x | 4.43x | Operating income ÷ interest expense |
| Current ratio | 2.08x | 1.25x | Current assets ÷ current liabilities |
| Long-term debt to working capital | 0.24x | 2.30x | Long-term debt ÷ (current assets − current liabilities) |
| Cash conversion | 2.00x | 1.78x | Operating cash flow ÷ net income |
Ten years of it
The same measures, for every year the filings support. One year is a fact; a row is a business.
| Measure | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | Median |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on equity | 16.3% | 16.3% | 18.7% | 21.5% | 22.2% | 24.6% | 22.7% | 15.5% | 13.4% | 15.3% | 16.3% |
| Return on capital employed | 21.1% | 22.6% | 25.9% | 30.1% | 30.5% | 33.6% | 31.1% | 21.3% | 20.8% | 23.2% | 23.2% |
| Operating margin | 7.6% | 7.7% | 8.0% | 9.0% | 9.1% | 9.9% | 8.9% | 6.7% | 6.3% | 7.1% | 7.7% |
| Net margin | 5.3% | 5.3% | 5.6% | 6.3% | 6.5% | 7.0% | 6.1% | 4.5% | 3.7% | 4.3% | 5.3% |
| Debt to equity | 0.11x | 0.04x | 0.02x | 0.02x | 0.03x | 0.04x | 0.06x | 0.08x | 0.11x | 0.11x | 0.04x |
| Current ratio | 2.08x | 2.22x | 2.34x | 2.97x | 2.31x | 2.25x | 2.13x | 2.69x | 2.12x | 2.31x | 2.25x |
| Cash conversion | 2.00x | 0.52x | 1.69x | 1.98x | 0.32x | 1.75x | 1.18x | 2.11x | 2.04x | 1.46x | 1.69x |
How it compares in consumer staples
Among the 38 consumer staples companies here measured on free cash flow, Sanfilippo John B & Son pays out less than 2 of them. The median for that group is 65.1%, against this company’s 130.8%.
Closest on free cash flow
- Pepsico (PEP) 99.6%
- Kimberly Clark (KMB) 101.3%
- Hormel Foods (HRL) 118.5%
- Coca Cola (KO) 165.8%
Same sector and same denominator, so the figures are comparable. All 43 in consumer staples →