The J. M. Smucker Company logo SJM - The J. M. Smucker Company

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 13
HOLD 14
SELL 2
STRONG
SELL
0
| PRICE TARGET: $114.00 DETAILS
HIGH: $134.00
LOW: $95.00
MEDIAN: $117.00
CONSENSUS: $114.00
UPSIDE: 10.29%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 8,726.1 8,178.7 8,529.2 7,998.9 8,002.7 7,801 7,838 7,357.1 7,392.3 7,811.2 5,692.7 5,610.6 5,897.7 5,525.8 4,825.7 4,605.3 3,757.9 2,524.8 2,148.0 2,154.7 2,043.9 1,369.6 1,311.7 687.1 651.2 641.9 602.5 565.5 542.6 528.6 628.3 511.5 491.3
Cost of Revenue 5,341.4 5,063.3 5,727.4 5,298.2 4,864 4,799 4,922.3 4,521 4,557 4,843.4 3,724 3,579.6 3,870.1 3,680.6 3,027.2 2,818.6 2,506.5 1,742.6 1,446.0 1,461.9 1,386.5 887.0 855.7 462.2 438.5 414.5 395.9 365.6 327.1 319.6 314.1 326.1 300.9
Gross Profit 3,384.7 3,115.4 2,801.8 2,700.7 3,138.7 3,002 2,915.7 2,836.1 2,835.3 2,967.8 1,968.7 2,031 2,027.6 1,845.2 1,798.5 1,786.7 1,251.4 782.2 702.1 692.9 657.4 482.6 456.1 225.0 212.8 218.0 206.5 199.9 193.7 191.5 217.3 185.5 190.4
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 1,529 1,446.2 1,455 1,360.3 1,523.1 1,474.3 1,508.6 1,362.9 1,379.6 1,510.3 1,031.3 988.8 973.9 892.7 863.1 878.2 673.6 490.7 442.8 438.5 407.8 297.0 279.8 165.2 156.0 162.3 147.5 142.8 122 126.7 126 134.7 117.6
Other Expenses 2,529.6 363.4 1,189.3 316.6 228.8 304.6 478.5 429.2 413.1 312.2 165.4 123.2 143.3 174.2 151.1 117.6 125.6 7.3 2.2 25.7 28.8 8.6 11.8 5.0 2.2 23.9 10.2 9.4 21.8 17.5 8.3 0 72.8
Operating Expenses 4,058.6 1,809.6 2,644.3 1,676.9 1,751.9 1,778.9 1,987.1 1,792.1 1,792.7 1,822.5 1,196.7 1,112 1,117.2 1,066.9 1,014.2 995.8 799.2 498.0 445.0 464.1 436.6 305.6 291.6 170.2 158.1 186.2 157.7 152.2 143.8 144.2 134.3 134.7 190.4
Operating Income
Operating Income (673.9) 1,305.8 157.5 1,023.8 1,386.8 1,223.1 928.6 1,044 1,042.6 1,145.3 772 919 910.4 778.3 784.3 790.9 452.3 284.2 257.1 228.7 220.8 177.0 164.5 54.8 54.6 41.2 59.0 57.1 53.2 54.0 62.5 50.8 59.7
Interest Expense 358.5 250.7 152 160.9 177.1 189.2 207.9 174.1 163.1 171.1 79.9 79.4 93.4 79.8 69.6 65.2 62.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2.5 2.8 7.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA (155.6) 1,691.5 573.8 1,463.8 1,801.5 1,662.4 1,355.8 1,448.2 1,460.5 1,579.1 870.1 1,185.5 1,161.6 989.5 970.3 977.8 576.8 358.0 318.1 325.5 305.6 224.2 214.1 88.4 81.6 668.1 636.1 597.4 75 71.5 70.8 66.2 72.8
EBIT (658.1) 1,260.7 142.8 1,004.7 1,349 1,215.9 909.5 1,035.1 1,041.5 1,149 602.9 929.1 910.7 781 784.3 795.9 458.5 295.4 259.2 254.4 249.6 185.6 176.3 59.8 54.6 641.9 612.7 574.9 53.2 54 54.6 50.8 59.7
Income Before Tax (1,046.8) 996.4 (9.2) 843.8 1,171.9 1,026.7 701.6 861 878.4 977.9 523 849.7 817.3 701.2 717.2 730.8 396.1 254.8 241.0 215.6 204.6 177.2 155.4 50.2 50.0 41.5 61.6 60.8 53.1 44.8 54.9 52.7 61.5
Income Tax Expense 184 252.4 82.1 212.1 295.6 247.2 187.2 (477.6) 286.1 289.2 178.1 284.5 273.1 241.5 237.7 236.6 130.1 84.4 83.8 72.2 74.2 65.9 59.0 19.3 18.3 15.2 23.9 24.4 22.2 15.3 22.4 22.2 24.1
Net Income (1,230.8) 744 (91.3) 631.7 876.3 779.5 514.4 1,338.6 592.3 688.7 344.9 565.2 544.2 459.7 479.5 494.1 266.0 170.4 157.2 143.4 129.1 111.3 96.3 30.9 30.7 26.3 38.2 31.8 30.9 29.4 36.3 30.5 32.9
Per Share Data
EPS (Basic) -11.57 7.14 -0.86 5.84 7.79 6.84 4.52 11.79 5.11 5.77 3.33 5.42 5.00 4.06 4.06 4.15 3.11 3.03 2.79 2.48 2.26 2.24 2.04 1.33 1.13 1.27 1.85 1.54 1.49 1.42 1.76 1.11 1.20
EPS (Diluted) -11.57 7.13 -0.86 5.83 7.79 6.84 4.52 11.78 5.10 5.76 3.33 5.42 5.00 4.06 4.05 4.15 3.11 3.00 2.76 2.45 2.24 2.24 2.02 1.31 1.12 1.27 1.85 1.54 1.49 1.42 1.75 1.11 1.20
Shares Outstanding 106.4 104.1 106.2 108.2 112.4 114 113.7 113.6 116.0 119.4 103.7 104.3 108.8 113.3 117.0 119.0 85.4 56.2 56.4 57.8 57.1 49.7 47.2 23.2 27.1 20.7 20.7 20.7 20.7 20.7 20.7 27.4 27.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 69.9 62 655.8 169.9 334.3 391.1 101.3 192.6 166.8 109.8 456.7 184.2 104.6 181.2 91.9 51.1 33.1 8.7 36.5 24.1 17.6 11.2 14.1 50.4
Short-Term Investments 0 0 487.8 0 0 0 0 0 0 0 0 0 15.1 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 619 736.5 597.6 524.7 533.7 551.4 503.8 385.6 438.7 450.1 266.0 162.4 93.6 101.4 57.4 56.0 62.5 51.9 48.7 48.1 40.2 53.6 47.8 40.4
Inventory 1,209.4 1,038.9 1,009.8 1,089.3 959.9 895.3 910.3 854.4 905.7 899.4 603.9 379.6 179.8 169.1 116.5 114.2 121.5 114.2 103.5 94.1 95.5 110.7 103.2 71.9
Other Current Assets 248.3 129.5 107.7 226.2 113.8 134.9 109.8 122.4 130.6 114.1 72.2 50.0 57.8 14.9 14.0 14.0 12.0 11.4 12.8 12.2 61.2 16.3 6.6 5.7
Total Current Assets 2,146.6 1,966.9 2,858.7 2,010.1 1,941.7 1,972.7 1,625.2 1,555 1,641.8 1,573.4 1,398.9 776.2 450.9 466.7 279.8 235.2 229.1 186.1 201.5 178.5 214.5 191.8 171.7 168.4
Non-Current Assets
Property, Plant & Equipment 3,195 3,247.3 2,342.5 2,238.2 2,143.5 2,117.8 1,912.4 1,729.1 1,617.5 1,627.7 838.4 496.3 317.5 275.0 162.8 171.6 174.6 166.5 143.7 139.6 143.1 140.1 137.5 96.3
Goodwill 5,710 7,649.9 5,216.9 6,015.8 6,023.6 6,304.5 6,310.9 5,942.2 6,077.1 6,091.1 2,791.4 1,132.5 0 0 33.5 33.8 36.8 45.4 32.7 0 0 0 21.8 0
Intangible Assets 6,346.9 7,255.4 4,429.3 5,652.2 6,041.2 6,429 6,718.8 5,916.5 6,149.9 6,494.4 3,099.0 614 840.9 846.4 14.8 11.8 13.5 15.3 9.7 45.4 44.1 40.6 38.3 23.2
Long-Term Investments 20 0 0 0 0 38.6 40.9 0 0 0 12.8 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 144.8 154.2 144 138.7 134.2 107.8 103.1 158.4 153.4 197.5 51.7 110.9 74.9 27.4 34.0 26.7 21.3 20.6 20.3 21.3 23.3 48.5 9.3 6.9
Total Non-Current Assets 15,416.7 18,306.8 12,132.7 14,044.9 14,342.5 14,997.7 15,086.1 13,746.2 13,997.9 14,410.7 6,793.3 2,353.7 1,233.3 1,148.7 245.1 243.9 246.3 247.7 206.5 206.3 210.5 229.2 207.0 126.4
Total Assets 17,563.3 20,273.7 14,991.4 16,055 16,284.2 16,970.4 16,711.3 15,301.2 15,639.7 15,984.1 8,192.2 3,129.9 1,684.1 1,615.4 524.9 479.1 477.7 437.7 410.7 384.8 425 421 378.6 294.8
Current Liabilities
Account Payables 1,288.7 1,336.2 1,392.6 1,193.3 1,034.1 782 591 512.1 477.2 459.4 199.0 119.8 62.2 68.7 32.4 30.0 32.5 40.3 41.4 36.6 37.2 40.5 37.3 27.4
Short-Term Debt 640.8 1,590.3 0 180 1,234.9 248 1,224.5 144 953 284 626.7 0 0 0 0 0 0 9.0 0 0 0 0 4.3 0
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 419.1 467 266.9 240.3 259.4 252.8 286.6 187.5 211.3 279.4 60.9 87.2 87.7 69.3 36.5 29.5 7.0 10.5 8.1 14.7 11.7 14.8 10.0 29.1
Total Current Liabilities 2,652 3,761.1 1,986.7 1,952.8 2,867.5 1,587.1 2,341.5 1,033.8 1,832.6 1,213 1,061.2 239.4 175.2 167.3 80.4 68.1 68.2 87.6 84.9 72 67.5 79.8 83.2 56.5
Non-Current Liabilities
Long-Term Debt 7,036.8 6,773.7 4,314.2 4,310.6 3,516.8 5,373.3 4,686.3 4,688 4,445.5 5,146 910 789.7 135 135 135 135 75 0 0 0 60.8 67.1 48.6 0
Deferred Tax Liabilities 1,548.6 1,737.4 1,138.9 1,325.8 1,349.3 1,351.6 1,398.6 1,377.2 2,167 2,230.3 1,145.8 175.9 136.3 134.0 4.1 5.0 3.2 7.0 6.8 7.6 8.5 5 2.5 3.3
Other Non-Current Liabilities 159.2 164.1 183.6 249.5 313 347.5 314.4 311.1 344.4 386.3 135.2 125.0 27.0 54.9 25.2 20.3 15.5 14.9 14.1 13.3 11.8 11.1 10.0 (3.3)
Total Non-Current Liabilities 8,828.7 8,818.7 5,713.9 5,962.1 5,291.9 7,192.4 6,399.3 6,376.3 6,956.9 7,762.6 2,191.0 1,090.6 298.2 324.0 164.3 160.3 93.7 21.9 20.9 20.9 81.1 83.2 61.0 0
Total Liabilities 11,480.7 12,579.8 7,700.6 7,914.9 8,159.4 8,779.5 8,740.8 7,410.1 8,789.5 8,975.6 3,252.2 1,330.0 473.4 491.2 244.7 228.3 157.1 106.1 101.8 92.9 148.7 163 144.2 74.3
Stockholders' Equity
Common Stock 26.6 26.5 26.1 26.6 27.1 29 28.9 28.9 28.4 29.1 0 0 12.5 12.4 6.2 6.1 7.1 7.3 7.3 7.3 7.3 7.3 7.3 0
Retained Earnings 501.8 2,188.1 2,132.1 2,893 2,847.5 2,746.8 2,367.6 2,239.2 1,240.5 1,267.7 424.5 567.4 387.1 323.1 267.8 253.2 310.8 318.7 298.3 284.6 269 254.9 233.4 219
Accumulated Other Comprehensive Income (184.5) (234.6) (239.2) (237.4) (277.4) (379) (181.8) (116.7) (143.4) (148.4) (57.3) 37.1 (18.2) (27.1) (27.1) (27.8) (9.3) (5.7) (6.0) (1.0) (0.5) (3.4) (4.3) 0
Total Stockholders' Equity 6,082.6 7,693.9 7,290.8 8,140.1 8,124.8 8,190.9 7,970.5 7,891.1 6,850.2 7,008.5 4,939.9 1,799.9 1,210.7 1,124.2 280.1 250.8 320.6 331.5 308.9 291.9 276.3 258 234.4 220.5
Total Liabilities & Equity 17,563.3 20,273.7 14,991.4 16,055 16,284.2 16,970.4 16,711.3 15,301.2 15,639.7 15,984.1 8,192.2 3,129.9 1,684.1 1,615.4 524.9 479.1 477.7 437.7 410.7 384.8 425 421 378.6 294.8
Debt Metrics
Total Debt 7,761.7 8,548 4,424.6 4,606.9 4,905.6 5,777.8 5,910.8 4,832 5,398.5 5,430 1,536.7 789.7 135 135 135 135 75 9.0 0 0 60.8 67.1 52.9 0
Net Debt 7,691.8 8,486 3,768.8 4,437 4,571.3 5,386.7 5,809.5 4,639.4 5,231.7 5,320.2 1,080.0 605.5 30.4 (46.2) 43.1 83.9 41.9 0.3 (36.5) (24.1) 43.2 55.9 38.8 (50.4)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income (1,230.8) 744 (91.3) 631.7 876.3 779.5 514.4 1,338.6 592.3 688.7 130.5 111.3 96.3 30.9 30.7 26.4 37.8 33.4 30.9 29.5 36.3 30.5 37.4
Depreciation & Amortization 502.5 430.8 436.5 459.1 452.5 446.5 446.3 413.1 419 430.1 56.0 39.9 37.8 28.6 26.9 26.2 23.4 22.5 21.8 17.5 20.2 15.4 (13.1)
Stock-Based Compensation 29.9 23.9 25.6 22.3 28.7 26.8 20.7 15.4 22 34.6 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (298.7) (8.3) 22.1 (94.7) 176.9 183.9 103.9 119.5 (31.3) 410.9 (28.4) (31.4) 35.6 6.0 32.0 (26.6) (15.5) (0.7) 2.7 (6.9) (17.1) 8.3 5.6
Other Non-Cash Items 2,315.5 79.5 985.9 156 44.5 (189.5) 149.4 134.8 136.4 (10.8) 1.4 0 0 0 (3.5) 11.5 (2.3) 8.1 0 7.0 0 2.3 26.2
Operating Cash Flow 1,210.4 1,229.4 1,188 1,136.3 1,565 1,254.8 1,141.2 1,218 1,059 1,458.3 194.4 125.9 166.0 67 88.2 33.6 43.5 61.0 59.5 47.8 39.1 55.2 56.2
Investing Activities
Capital Expenditure (393.8) (586.5) (471) (417.5) (306.7) (269.3) (359.8) (321.9) (192.4) (201.4) (87.6) (100.1) (49.5) (23.5) (29.4) (32.2) (38.7) (29.1) (15.8) (25.6) (19.0) (18.7) (21)
Acquisitions 326 (3,864.3) 686.3 130 564 2.4 (1,533.5) 0 0.5 185.6 (99.1) (9.2) (10.8) (5.7) 0 (9.1) (26.6) (1.4) (5.6) 0 (28.8) (100.2) 0
Purchases of Investments 0 0 0 0 0 0 0 0 0 0 (88.8) (86.4) 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 466.3 0 0 0 0 0 0 40.6 0 67.1 29.0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (32.5) 19.9 47.3 (68) 53.8 (4.6) (30.9) 44.3 (37.9) 37.5 88.9 4.2 7.3 8.7 1.8 1.5 2.0 1.9 46.1 2.2 1.3 0.1 (3.9)
Investing Cash Flow (100.3) (3,964.6) 262.6 (355.5) 311.1 (271.5) (1,924.2) (277.6) (189.7) 21.7 (119.4) (162.5) (53.0) (20.5) (27.6) (39.8) (63.2) (28.6) 24.7 (23.4) (46.4) (118.8) (24.9)
Financing Activities
Net Debt Issuance (633.8) 3,072.2 (185.9) (261.8) (866.4) (287.6) 1,082 (560.7) (30) (742) (18.0) 0 0 0 60 66.0 9.0 0 (60.8) (6.3) 18.5 47.7 0
Stock Repurchased (3.3) (372.8) (367.5) (270.4) (678.4) (4.2) (5.4) (7) (437.6) (441.1) (16.9) 0 0 (1.1) (81.0) (17.7) (0.8) 0 0 0 (0.2) 0 0
Dividends Paid (455.4) (437.5) (430.2) (418.1) (403.2) (396.8) (377.9) (350.3) (339.3) (316.6) (56.1) (45.7) (33.6) (15.6) (16.7) (17.2) (16.2) (15.1) (15.1) (15.1) (14.5) (13.4) (12.4)
Other Financing Activities (10.2) (120.3) 19 5.8 4.1 (0.1) 0.3 (4) 0.8 3.5 18.6 5.7 6.8 10.9 5.3 0.1 0.4 0.4 0.3 1.3 0.6 (4.6) (4.8)
Financing Cash Flow (1,102.7) 2,141.6 (964.6) (944.5) (1,943.9) (688.7) 699 (922) (806.1) (1,496.2) (72.3) (40.0) (26.8) (5.8) (32.3) 31.3 (7.7) (19.2) (75.8) (20) 4.4 27.5 (17.2)
Cash Position
Net Change in Cash 7.9 (593.8) 485.9 (164.4) (56.8) 289.8 (91.3) 25.8 57 (15.8) (46.5) (74.6) 89.3 40.8 27.4 24.4 (27.8) 12.4 6.4 6.4 (2.8) (36.4) (17.2)
Cash at Beginning 62 655.8 169.9 334.3 391.1 101.3 192.6 166.8 109.8 125.6 104.6 181.2 91.9 51.1 23.8 8.7 36.5 24.1 17.6 11.2 14.1 50.4 36.3
Cash at End 69.9 62 655.8 169.9 334.3 391.1 101.3 192.6 166.8 109.8 58.1 106.6 181.2 91.9 51.1 33.1 8.7 36.5 24.1 17.6 11.2 14.1 19.1
Free Cash Flow 816.6 642.9 717 718.8 1,258.3 985.5 781.4 896.1 866.6 1,256.9 106.8 25.8 116.4 43.5 58.8 1.4 4.8 32.0 43.8 22.2 20.1 36.5 35.2
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 8,726.1 8,178.7 8,529.2 7,998.9 8,002.7 7,801 7,838 7,357.1 7,392.3 7,811.2 5,692.7 5,610.6 5,897.7 5,525.8 4,825.7 4,605.3 3,757.9 2,524.8 2,148.0 2,154.7 2,043.9 1,369.6 1,311.7 687.1 651.2 641.9 602.5 565.5 542.6 528.6 628.3 511.5 491.3
Gross Profit 3,384.7 3,115.4 2,801.8 2,700.7 3,138.7 3,002 2,915.7 2,836.1 2,835.3 2,967.8 1,968.7 2,031 2,027.6 1,845.2 1,798.5 1,786.7 1,251.4 782.2 702.1 692.9 657.4 482.6 456.1 225.0 212.8 218.0 206.5 199.9 193.7 191.5 217.3 185.5 190.4
Operating Income (673.9) 1,305.8 157.5 1,023.8 1,386.8 1,223.1 928.6 1,044 1,042.6 1,145.3 772 919 910.4 778.3 784.3 790.9 452.3 284.2 257.1 228.7 220.8 177.0 164.5 54.8 54.6 41.2 59.0 57.1 53.2 54.0 62.5 50.8 59.7
Net Income (1,230.8) 744 (91.3) 631.7 876.3 779.5 514.4 1,338.6 592.3 688.7 344.9 565.2 544.2 459.7 479.5 494.1 266.0 170.4 157.2 143.4 129.1 111.3 96.3 30.9 30.7 26.3 38.2 31.8 30.9 29.4 36.3 30.5 32.9
EPS (Diluted) -11.57 7.13 -0.86 5.83 7.79 6.84 4.52 11.78 5.10 5.76 3.33 5.42 5.00 4.06 4.05 4.15 3.11 3.00 2.76 2.45 2.24 2.24 2.02 1.31 1.12 1.27 1.85 1.54 1.49 1.42 1.75 1.11 1.20
Balance Sheet
Cash & Equivalents 69.9 62 655.8 169.9 334.3 391.1 101.3 192.6 166.8 109.8 456.7 184.2 104.6 181.2 91.9 51.1 33.1 8.7 36.5 24.1 17.6 11.2 14.1 50.4
Total Assets 17,563.3 20,273.7 14,991.4 16,055 16,284.2 16,970.4 16,711.3 15,301.2 15,639.7 15,984.1 8,192.2 3,129.9 1,684.1 1,615.4 524.9 479.1 477.7 437.7 410.7 384.8 425 421 378.6 294.8
Total Debt 7,761.7 8,548 4,424.6 4,606.9 4,905.6 5,777.8 5,910.8 4,832 5,398.5 5,430 1,536.7 789.7 135 135 135 135 75 9.0 0 0 60.8 67.1 52.9 0
Stockholders' Equity 6,082.6 7,693.9 7,290.8 8,140.1 8,124.8 8,190.9 7,970.5 7,891.1 6,850.2 7,008.5 4,939.9 1,799.9 1,210.7 1,124.2 280.1 250.8 320.6 331.5 308.9 291.9 276.3 258 234.4 220.5
Cash Flow
Operating Cash Flow 1,210.4 1,229.4 1,188 1,136.3 1,565 1,254.8 1,141.2 1,218 1,059 1,458.3 194.4 125.9 166.0 67 88.2 33.6 43.5 61.0 59.5 47.8 39.1 55.2 56.2
Capital Expenditure (393.8) (586.5) (471) (417.5) (306.7) (269.3) (359.8) (321.9) (192.4) (201.4) (87.6) (100.1) (49.5) (23.5) (29.4) (32.2) (38.7) (29.1) (15.8) (25.6) (19.0) (18.7) (21)
Free Cash Flow 816.6 642.9 717 718.8 1,258.3 985.5 781.4 896.1 866.6 1,256.9 106.8 25.8 116.4 43.5 58.8 1.4 4.8 32.0 43.8 22.2 20.1 36.5 35.2