MARKETS / NYSE / Materials / Chemicals / SMG

NYSE · AGRICULTURAL CHEMICALS · LARGE CAP

Scotts Miracle-gro Co. SMG

18 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$3.4B

▼ 3.9% YoY

Net income

$145.2M

Free cash flow

$273.9M

▼ 53.1% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The Scotts Miracle-Gro Company manufactures, markets, and sells lawn and garden products across its segments. As of September 30, 2025, it employed approximately 5,200 associates. The Home Depot and Lowe's are its two largest customers and are the only customers that individually represent more than 10% of reported consolidated net sales during any of the three most recent fiscal years. It divides its business into three segments: U.S. Consumer, Hawthorne, and Other. U.S. Consumer consists of the company's consumer lawn and garden business in the United States. Hawthorne consists of its indoor and hydroponic gardening business. Other primarily consists of its consumer lawn and garden business in Canada. Scotts Miracle-Gro traces its heritage to a company founded by O.M. Scott in Marysville, Ohio in 1868.

Written from the business description in SCOTTS MIRACLE-GRO CO's annual report to the U.S. Securities and Exchange Commission, filed 25 November 2025. Every sentence was checked against that document before publication.

Growth

USD 3.4B

Revenue, FY2025 · full 18-year series below

Revenue $B Net income $B

FY2025 · Revenue 3.4 · Net income 0.1

2B4B

2008201120142017202020232025

Compound annual growth

Revenue

−4.5%

−3.7%

+3.7%

+1.2%

Net income

−17.8%

−1.0%

−2.2%

EPS, diluted

−18.4%

−0.4%

−1.3%

Dividend / share

+0.0%

−18.5%

+3.8%

+6.3%

Returned to shareholders

−27.4%

−18.5%

+3.7%

+8.8%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at −3.7% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

4 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 10.5% · Net 4.3%

5%10%15%-5%-10%

200820162025

ROE

FY2022 · ROE -75.4%

50%-20%-40%-60%

200820162025

Three returns, three denominators.

Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on assets5.2%

Return on capital employed17.4%

Gross margin30.6%

Operating margin10.5%

Net margin4.3%

EBITDAUSD 421.3M

Return on equity has no reading this year — return on capital employed, just below, still does: 17%.

Cash & shareholders

USD 160.8M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 273.9

250.0M500.0M-100.0M-200.0M

200820162025

Net buybacks $M Dividends $M

FY2025 · Dividends 154.3 · Net buybacks 6.5

200M400MDividendsNet buybacks

2008201120142017202020232025

Dividends paidUSD 154.3M

Net buybacksUSD 6.5M

Share of profit110.7%

Consecutive raises·

USD 154.3M in dividends and USD 6.5M in buybacks — 111% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 2.7B

CashUSD 36.6M

Gross debtUSD 2.1B

Net debtUSD 2.1B

Current ratio1.27×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 18-year record

18 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative—not applicable◌not available in our data

SMG, 18-year financial record
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue $B	3.4	3.6	3.6	3.9	4.9	4.1	3.2	2.7	2.6	2.5	2.4	2.6	2.8	2.8	2.8	2.9	2.7	2.8
Operating income $B	0.4	0.2	−0.2	−0.4	0.7	0.6	0.4	0.2	0.4	0.4	0.3	0.3	0.3	0.2	0.3	0.4	0.3	0.1
EBITDA $B	0.4	0.3	−0.1	−0.4	0.8	0.6	0.5	0.3	0.5	0.5	0.3	0.3	0.4	0.3	0.3	0.4	0.3	0.2
Income tax $B	0.1	0.0	−0.1	−0.1	0.2	0.1	0.1	−0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0
Net income $B	0.1	−0.0	−0.4	−0.4	0.5	0.4	0.5	0.1	0.2	0.3	0.2	0.2	0.2	0.1	0.2	0.2	0.2	−0.0
Free cash flow $B	0.3	0.6	0.4	−0.2	0.2	0.5	0.2	0.3	0.3	0.2	0.2	0.2	0.3	0.1	0.0	0.2	0.2	0.1
EPS, diluted $	2.47	−0.61	−6.79	−7.88	8.96	6.81	8.18	1.12	3.63	5.09	2.57	2.65	2.57	1.71	2.54	3.02	2.32	−0.17
Dividend / sh $	2.64	2.64	2.64	2.64	2.52	7.36	2.23	2.14	2.03	1.91	1.82	3.76	1.41	1.23	1.05	1.05	0.50	0.50
Payout %	106	−434	−39	−38	28	106	27	188	55	37	70	139	55	71	40	21	22	−298
ROE %	—	—	—	−75.4	59.9	54.7	85.8	12.7	32.0	47.2	27.2	26.3	24.6	18.3	25.4	30.3	30.0	−2.5
Shares out B	0.06	0.06	0.06	0.06	0.06	◌	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.07	0.07	◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Other companies filing in the same sector

PG · MT · RIO · BHP · NKE · DOW

Provenance

Company facts, as filed

How we verify · 0 failures · 10 divergences in 87 reconciliationsAUDITED

Reconciled in 8 of the 18 fiscal years we could check. 10 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. Four checks were skipped: the balance sheet is not tagged before 2009. Two checks were skipped: the share count is not tagged before 2009. One check was skipped: revenue is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures10 divergent

ActivityAgricultural Chemicals

Listed onNYSE

Incorporated inOhio

Fiscal year endsSeptember 30

Data on record since2008

Scotts Miracle-gro Co. SMG

What this company does

Growth↗ Share

Profitability↗ Share

Cash & shareholders↗ Share

The 18-year record

Other companies filing in the same sector

Company facts, as filed

Growth

Profitability

Cash & shareholders