SMG · Scotts Miracle-Gro Co - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $3.41B | $3.55B | $3.55B | $3.92B | $4.92B | $4.13B |
| Cost of Revenue | $2.35B | $2.62B | $2.71B | $2.89B | $3.43B | $2.77B |
| Gross Profit | $1.04B | $850.50M | $657.30M | $872.90M | $1.47B | $1.35B |
| R&D | $34.80M | $34.60M | $35.70M | $45.30M | $45.40M | $39.70M |
| SG&A | $603.40M | $559.00M | $551.30M | $613.00M | $743.50M | $757.80M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $62.70M | $80.60M | $92.50M | $105.20M | $93.80M | $94.70M |
| Operating Income | $358.60M | $208.80M | ($174.40M) | ($434.00M) | $723.00M | $585.20M |
| Interest Expense | $128.80M | $158.80M | $178.10M | $118.10M | $78.90M | $79.60M |
| Income Tax | $76.50M | $11.30M | ($73.20M) | ($120.60M) | $159.80M | $123.70M |
| Net Income | $145.20M | ($34.90M) | ($380.10M) | ($437.50M) | $512.50M | $387.40M |
| EPS - Basic | $2.52 | ($0.61) | ($6.79) | ($7.88) | $9.20 | $6.96 |
| EPS - Diluted | $2.47 | ($0.61) | ($6.79) | ($7.88) | $8.96 | $6.81 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $36.60M | $71.60M | $31.90M | $86.80M | $244.10M | $16.60M |
| Accounts Receivable | $186.90M | $176.80M | $304.20M | $299.00M | $483.40M | $474.80M |
| Inventory | $592.80M | $587.50M | $880.30M | $1.34B | $1.13B | $621.90M |
| Accounts Payable | $229.20M | $254.70M | $271.20M | $422.60M | $609.40M | $391.00M |
| Current Assets | $940.30M | $980.40M | $1.40B | $1.98B | $2.02B | $1.22B |
| Total Assets | $2.74B | $2.87B | $3.41B | $4.30B | $4.80B | $3.38B |
| Current Liabilities | $739.70M | $750.30M | $773.70M | $963.90M | $1.14B | $950.40M |
| Long-term Debt | $2.05B | $2.17B | $2.56B | $2.83B | $2.24B | $1.46B |
| Total Liabilities | $3.10B | $3.26B | $3.68B | $4.15B | $3.79B | $2.68B |
| Stockholders' Equity | ($357.50M) | ($390.60M) | ($267.30M) | $147.70M | $1.01B | $697.20M |
| Retained Earnings | $294.70M | $303.80M | $490.90M | $1.02B | $1.61B | $1.24B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $371.30M | $667.50M | $531.00M | ($129.00M) | $271.50M | $558.00M |
| Investing Cash Flow | ($112.10M) | ($100.40M) | ($65.70M) | ($283.20M) | ($538.60M) | $46.90M |
| Financing Cash Flow | ($294.00M) | ($527.90M) | ($520.10M) | $255.30M | $494.00M | ($607.10M) |
| CapEx | $97.40M | $84.00M | $92.80M | $113.50M | $106.90M | $62.70M |
| Free Cash Flow | $273.90M | $583.50M | $438.20M | ($242.50M) | $164.60M | $495.30M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 30.6% | 23.9% | 18.5% | 22.2% | 29.8% | 32.6% |
| Operating margin | 10.5% | 5.9% | -4.9% | -11.1% | 14.7% | 14.2% |
| EBITDA margin | 12.3% | 8.1% | -2.3% | -8.4% | 16.6% | 16.5% |
| Net margin | 4.3% | -1.0% | -10.7% | -11.1% | 10.4% | 9.4% |
| Free cash flow margin | 8.0% | 16.4% | 12.3% | -6.2% | 3.3% | 12.0% |
| FCF / Net income | 1.89 | -16.72 | -1.15 | 0.55 | 0.32 | 1.28 |
| R&D / Revenue | 1.0% | 1.0% | 1.0% | 1.2% | 0.9% | 1.0% |
| SG&A / Revenue | 17.7% | 15.7% | 15.5% | 15.6% | 15.1% | 18.3% |
| Effective tax rate | 34.5% | - | - | - | 23.8% | 24.2% |
| Return on assets | 5.3% | -1.2% | -11.1% | -10.2% | 10.7% | 11.5% |
| Return on equity | -40.6% | 8.9% | 142.2% | -296.2% | 50.6% | 55.6% |
| Return on invested capital | 13.9% | 9.2% | -6.0% | -11.5% | 17.0% | 20.6% |
| Liquidity | ||||||
| Current ratio | 1.27 | 1.31 | 1.81 | 2.06 | 1.77 | 1.28 |
| Quick ratio | 0.47 | 0.52 | 0.67 | 0.66 | 0.79 | 0.63 |
| Cash ratio | 0.05 | 0.10 | 0.04 | 0.09 | 0.21 | 0.02 |
| Leverage | ||||||
| Debt / Equity | -5.73 | -5.57 | -9.57 | 19.13 | 2.21 | 2.09 |
| Debt / Assets | 0.75 | 0.76 | 0.75 | 0.66 | 0.47 | 0.43 |
| Debt / EBITDA | 4.86 | 7.51 | - | - | 2.74 | 2.14 |
| Interest coverage | 2.8x | 1.3x | -1.0x | -3.7x | 9.2x | 7.4x |
| Equity multiplier | -7.67 | -7.35 | -12.77 | 29.09 | 4.74 | 4.85 |
| Liabilities / Assets | 1.13 | 1.14 | 1.08 | 0.97 | 0.79 | 0.79 |
| Efficiency | ||||||
| Asset turnover | 1.24 | 1.24 | 1.04 | 0.91 | 1.03 | 1.22 |
| Inventory turnover | 3.96 | 4.46 | 3.08 | 2.15 | 3.05 | 4.45 |
| Days sales outstanding | 20d | 18d | 31d | 28d | 36d | 42d |
| Days inventory outstanding | 92d | 82d | 119d | 170d | 120d | 82d |
| Days payable outstanding | 36d | 36d | 37d | 53d | 65d | 52d |
| Cash conversion cycle | 76d | 65d | 113d | 144d | 91d | 72d |
| Valuation | ||||||
| P / E | 23.1x | - | - | - | 16.3x | 22.5x |
| P / B | - | - | - | 16.1x | 8.3x | 12.5x |
| P / S | 1.0x | 1.4x | 0.8x | 0.6x | 1.7x | 2.1x |
| EV / EBITDA | 12.7x | 24.3x | - | - | 12.7x | 14.9x |
| Growth | ||||||
| Revenue growth (YoY) | -3.9% | 0.0% | -9.5% | -20.3% | 19.2% | 30.9% |
| Revenue CAGR (3y) | -4.5% | -10.3% | -4.9% | 7.5% | 25.3% | 16.1% |
| Revenue CAGR (5y) | -3.7% | 2.4% | 7.2% | 8.2% | 11.7% | 6.5% |
| Gross profit growth (YoY) | 22.8% | 29.4% | -24.7% | -40.6% | 9.1% | 32.1% |
| Operating income growth (YoY) | 71.7% | - | 59.8% | - | 23.5% | 42.9% |
| Net income growth (YoY) | - | 90.8% | 13.1% | - | 32.3% | -15.9% |
| EPS growth (YoY) | - | 91.0% | 13.8% | - | 31.6% | -16.7% |
| EPS CAGR (3y) | - | - | - | - | 100.0% | 23.3% |
| EPS CAGR (5y) | -18.4% | - | - | - | 12.0% | 21.5% |
| FCF growth (YoY) | -53.1% | 33.2% | - | - | -66.8% | 168.6% |
| FCF CAGR (5y) | -11.2% | 25.9% | 9.8% | - | -1.7% | 21.7% |
| Book value growth (YoY) | 8.5% | -46.1% | - | -85.4% | 45.3% | -3.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Business segments
$6.57B totalReportable Segment Aggregation Before Other Operating Segment$3.16B · 48.1%
U.S.Consumer$2.99B · 45.5%
All Other Segments$253.60M · 3.9%
Hawthorne$165.80M · 2.5%
Product / service
$3.24B totalGrowing Media And Mulch$1.36B · 42.2%
Lawn Care$909.50M · 28.1%
Controls$392.50M · 12.1%
Other Products$168.10M · 5.2%
Roundup Marketing Agreement$159.00M · 4.9%
Otherprimarilygardeningandcontrols$77.60M · 2.4%
Nutrients$66.40M · 2.1%
Lighting$55.90M · 1.7%
Other Primarily Hardware And Growing Environments$24.10M · 0.7%
Growingmedia$19.40M · 0.6%
Geographic
$3.41B totalUS$3.13B · 91.8%
International$278.60M · 8.2%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.74
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Agricultural Chemicals
Comparing SCOTTS MIRACLE-GRO CO against the 5 most active filers in the same SIC group.
Dividends
$2.64/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 22, 2026 | $0.6600 |
| Feb 20, 2026 | $0.6600 |
| Nov 21, 2025 | $0.6600 |
| Aug 22, 2025 | $0.6600 |
| May 23, 2025 | $0.6600 |
| Feb 21, 2025 | $0.6600 |
| Nov 22, 2024 | $0.6600 |
| Aug 23, 2024 | $0.6600 |
| May 23, 2024 | $0.6600 |
| Feb 22, 2024 | $0.6600 |
| Nov 24, 2023 | $0.6600 |
| Aug 24, 2023 | $0.6600 |
| May 25, 2023 | $0.6600 |
| Feb 23, 2023 | $0.6600 |
| Nov 25, 2022 | $0.6600 |
| Aug 25, 2022 | $0.6600 |
| May 26, 2022 | $0.6600 |
| Feb 23, 2022 | $0.6600 |
| Nov 26, 2021 | $0.6600 |
| Aug 26, 2021 | $0.6600 |
| May 26, 2021 | $0.6200 |
| Feb 23, 2021 | $0.6200 |
| Nov 27, 2020 | $0.6200 |
| Aug 26, 2020 | $5.6200 |