Scotts Miracle-Gro Financial Statements
NYSE: SMGIndustrialsAgricultural ChemicalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Scotts Miracle-Gro revenue and earnings
In fiscal 2025, Scotts Miracle-Gro generated $3.41 billion in revenue, down 3.9% from fiscal 2024, its first annual decline since 2023. Net income was $145.2 million, for a net margin of 4.3% versus a median of -1.0% in the prior 5 years. Gross margin was 30.6% (up from 23.9%) and operating margin 10.5%.
Diluted earnings per share came in at $2.47. Over the last 5 fiscal years, SMG's revenue has grown at a -3.7% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
Scotts Miracle-Gro income statement (annual)
| Fiscal year (USD) | FY 20252025-09-30 | FY 20242024-09-30 | FY 20232023-09-30 | FY 20222022-09-30 | FY 20212021-09-30 | FY 20202020-09-30 | FY 20192019-09-30 | FY 20182018-09-30 | FY 20172017-09-30 | FY 20162016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.41B | 3.55B | 3.55B | 3.92B | 4.92B | 4.13B | 3.16B | 2.66B | 2.64B | 2.51B |
| Revenue growth (YoY) | -3.93% | +0.04% | -9.50% | -20.32% | +19.20% | +30.91% | +18.50% | +0.81% | +5.42% | -16.92% |
| Cost of Revenue | 2.35B | 2.62B | 2.71B | 2.89B | 3.43B | 2.77B | 2.13B | 1.78B | 1.67B | 1.60B |
| Gross Profit | 1.04B | 850.50M | 657.30M | 872.90M | 1.47B | 1.35B | 1.02B | 864.60M | 972.60M | 900.30M |
| Operating Expenses | 685.60M | 641.70M | 831.70M | 1.31B | 746.00M | 761.80M | 610.00M | 665.70M | 539.20M | 452.70M |
| Research & Development | 34.80M | 34.60M | 35.70M | 45.30M | 45.40M | 39.70M | 39.60M | 42.50M | 39.90M | 36.00M |
| Selling, General & Admin | 603.40M | 559.00M | 551.30M | 613.00M | 743.50M | 757.80M | 601.30M | 540.10M | 550.90M | 518.00M |
| Operating Income | 358.60M | 208.80M | -174.40M | -434.00M | 723.00M | 585.20M | 409.60M | 198.90M | 433.40M | 447.60M |
| Interest Expense | 128.80M | 158.80M | 178.10M | 118.10M | 78.90M | 79.60M | 101.80M | 86.40M | 76.10M | 62.90M |
| Other Income (Expense) | -5.30M | -5.50M | 300.00K | 6.90M | 18.60M | 20.10M | 270.50M | -1.70M | -13.40M | 0 |
| Pretax Income | 221.70M | -23.60M | -453.30M | -558.10M | 677.10M | 510.60M | 581.60M | 115.70M | 314.90M | 383.70M |
| Income Tax | 76.50M | 11.30M | -73.20M | -120.60M | 159.80M | 123.70M | 144.90M | -11.90M | 116.60M | 137.60M |
| Net Income | 145.20M | -34.90M | -380.10M | -437.50M | 512.50M | 387.40M | 460.70M | 63.70M | 218.30M | 315.30M |
| Net Income growth (YoY) | — | — | — | -185.37% | +32.29% | -15.91% | +623.23% | -70.82% | -30.76% | +97.31% |
| EPS (Basic) | 2.52 | -0.61 | -6.79 | -7.88 | 9.20 | 6.96 | 8.30 | 1.13 | 3.68 | 5.16 |
| EPS (Diluted) | 2.47 | -0.61 | -6.79 | -7.88 | 8.96 | 6.81 | 8.18 | 1.12 | 3.63 | 5.09 |
| Shares Outstanding (Basic) | 57.60M | 56.80M | 56.00M | 55.50M | 55.70M | 55.70M | 55.50M | 56.20M | 59.40M | 61.10M |
| Shares Outstanding (Diluted) | 58.70M | 56.80M | 56.00M | 55.50M | 57.20M | 56.90M | 56.30M | 57.10M | 60.20M | 62.00M |
| EBITDA | 421.30M | 289.40M | -81.90M | -328.80M | 816.80M | 679.90M | 498.90M | 282.30M | 507.20M | 509.90M |
| Gross Margin | 30.59% | 23.94% | 18.51% | 22.24% | 29.83% | 32.60% | 32.31% | 32.46% | 36.81% | 35.92% |
| Operating Margin | 10.51% | 5.88% | -4.91% | -11.06% | 14.68% | 14.16% | 12.98% | 7.47% | 16.40% | 17.86% |
| Net Margin | 4.25% | -98.00% | -10.70% | -11.15% | 10.41% | 9.38% | 14.60% | 2.39% | 8.26% | 12.58% |
This table shows 10 annual periods of Scotts Miracle-Gro's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow SMG's reporting calendar. What is a income statement?