Pricing Log in Create free account
Friday 6 November 2026 Export SMG’s income statement to Excel — free account

The Scotts Miracle-Gro Company

SMG Basic Materials Agricultural Inputs

The Scotts Miracle-Gro Company’s revenue for fiscal 2026 (year ended September 2026) was $3.3 billion, down 3.64% from fiscal 2025.

Revenue
−39.1%
EPS
+20.1%
Free cash flow
+24.5%
Total debt
−3.75%

Quarter to September 2026, against a year earlier

66.13 1.06 −1.58%
Market cap
$3.9B
P/E
37.2×
Fwd P/E
23.4×
Dividend yield
3.99%
F-score
5/9
Altman Z
n/a
Beneish M
−3.03
Dividend safety
32/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.05
Sold, $m 5.47
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — 1 — — — — — — — — —
Sell — — 1 — — — — 1 2 — — —
Insider Ownership 23.22%

Capital & Financial Ratios $m

Size
Market Cap 3,860.00
Revenue ttm 3,288.90
Net income ttm 103.90
Free cash flow ttm 295.40
Net debt Q 2,020.10
Valuation
P/E 37.19 (above 35: high)
Forward P/E 23.40
Price / sales 1.17
Forward P/S Powerpack
Price / FCF 12.98
Price / book 0.00
Financial health
Current ratio Q 1.22
Debt / equity Q (5.44) (negative: negative equity)
Interest coverage Q (5.48)
Growth
Revenue growth Q −39.12% (below 0%: shrinking)
Operating income growth Q +14.42% (above 0%: growing)
EPS, this year +6.82%
EPS, next year A +8.87%
Revenue, next year A −3.61% (below 0%: weak)
EPS, past 5 yrs −27.80% (below 0%: weak)
EPS, next 5 yrs A +7.63%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.8×, against a ten-year median of 2.3×; over the ten years it ranged from 1.3× in 2022 to 3.3× in 2017.
P/E against its own 10 years 81.60%
10-year low 10-year high
P/S against its own 10 years 35.90%
10-year low 10-year high
EV/Sales against its own 10 years 21.75%
10-year low 10-year high
EV/FCF against its own 10 years 32.30%
10-year low 10-year high

Dividends

Yield
3.99%
Annual rate
2.64
Payout ratio
157.3%
Growth, 2017–25
+3.15%/yr
  1. 2.06 ’17
  2. 2.16 ’18 +5
  3. 2.26 ’19 +5
  4. 1.78 ’20 −21
  5. 2.56 ’21 +44
  6. 2.64 ’22 +3
  7. 2.64 ’23 +0
  8. 2.64 ’24 +0
  9. 2.64 ’25 +0
  10. 2.67 ’26e +1
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 32 72 37 7
Receivables 304 177 187 135
Inventory 880 588 593 578
Other — — — —
1,398 980 940 863
2023 2024 2025 2026
Payables 271 255 229 245
ST’ Debt 52 53 57 36
Other 450 443 453 429
774 750 740 709

Compound Annual Growth %

10y 5y 3y
Sales 2.76% (7.76%) (2.53%)
Cash Flow 4.34% 6.56% (11.11%)
Earnings (10.51%) (27.33%) 0.00%
Book Value 0.00% 0.00% 0.00%

Earnings Trends EPS, adjusted, against the consensus

Q4 FY26 Estimate −2.22 Actual −2.16

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q1 FY26 −1.04 −0.77 Beat by 0.27
Q2 FY26 3.97 4.53 Beat by 0.56
Q3 FY26 2.53 2.82 Beat by 0.29
Q4 FY26 −2.22 −2.16 Beat by 0.06
Q1 FY27 −0.74 — Reports 27 January 2027

EPS $

Dec Mar Jun Sep Year
’26 — — — — —
’26 (2.16) 4.04 1.90 (2.10) 1.76
’25 (1.21) 3.72 2.54 (2.63) 2.47
’24 (1.42) 2.74 2.28 (4.29) (0.61)
’23 (1.17) 1.94 0.77 (8.33) (6.79)
’22 (0.90) 4.94 (8.01) (3.97) (7.88)
’21 0.43 5.43 3.94 (0.86) 8.96
Fiscal quarters ending in the months shown.

Revenue $m

Dec Mar Jun Sep Year
’26 — — — — —
’26 354 1,460 1,172 303 3,289
’25 367 1,390 1,159 498 3,413
’24 410 1,525 1,202 415 3,553
’23 527 1,532 1,119 375 3,551
’22 566 1,678 1,186 494 3,924
’21 749 1,829 1,610 738 4,925
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Dec Mar Jun Sep Year
’26 — — — — —
’26 (370) 220 346 178 373
’25 (445) 188 454 174 371
’24 (343) 304 588 119 668
’23 (432) (135) 563 535 531
’22 (765) (377) 463 551 (129)
’21 (421) (279) 493 479 272
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Dec Mar Jun Sep Year
’26 — — — — —
’26 (390) 201 321 163 295
’25 (475) 180 438 131 274
’24 (381) 288 575 102 584
’23 (461) (157) 541 516 438
’22 (811) (389) 431 590 (179)
’21 (455) (298) 469 450 165
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 2,642 2,663 3,156 4,132 4,925 3,924 3,551 3,553 3,413 3,289 +2.5% 3,363 3,463 — +2.6%
Gross margin, % 36.81 32.46 32.31 32.60 29.83 22.24 18.51 23.94 30.59 32.32 (4.5) pt
EBT 315 116 582 511 677 (558) (453) (24) 222 278 (1.4%)
EBT margin, % 11.92 4.34 18.43 12.36 13.75 (14.22) (12.76) (0.66) 6.50 8.45 (3.5) pt
Net income 219 64 460 389 513 (437) (380) (35) 145 104 (7.9%)
Per share, $
Per share, $ Revenue 44.48 47.39 56.86 74.18 86.10 70.70 63.42 62.55 59.26 56.61 +2.7%
Earnings 3.68 1.13 8.30 6.96 9.20 (7.88) (6.79) (0.61) 2.52 1.79 (7.7%)
Cash flow 6.11 6.09 4.09 10.02 4.75 (2.32) 9.48 11.75 6.45 6.42 +0.5%
Capex (1.08) (1.12) (0.73) (1.12) (1.87) (0.90) (1.66) (1.48) (1.69) (1.34) +2.4%
Free cash flow 5.04 4.97 3.36 8.90 2.88 (3.23) 7.83 10.27 4.76 5.08 +0.1%
Book value 11.14 6.40 13.03 12.62 17.72 2.66 (4.77) (6.88) (6.21) (6.41) n/m
Shares, m 59 56 56 56 57 56 56 57 58 58 (0.2%)
Valuation, ×
Valuation, × P/E 26.80 70.39 12.25 21.94 15.91 0.00 0.00 0.00 22.60 28.18 19.8
P/S 2.21 1.66 1.79 2.06 1.70 0.60 0.75 1.39 0.96 0.88 1.4
P/B 8.83 12.32 7.81 12.12 8.26 16.06 0.00 0.00 0.00 0.00 6.5
EV/Sales 2.70 2.41 2.31 2.43 2.12 1.34 1.48 1.99 1.57 1.50 2.0
EV/FCF 23.80 22.95 39.06 20.22 63.24 (29.33) 11.97 12.13 19.55 16.68 20.0
Cash, $m
Cash, $m Operating cash flow 363 343 227 558 272 (129) 531 668 371 373 +0.3%
Capex (64) (63) (40) (62) (107) (50) (93) (84) (97) (78) +2.2%
Free cash flow 299 279 187 496 165 (179) 438 584 274 295 (0.1%)
Balance, $m
Balance, $m Working capital 337 273 421 266 884 1,018 624 230 201 154 (8.3%)
Net debt 1,281 1,983 1,633 1,505 2,050 2,884 2,578 2,155 2,070 2,020 +5.2%
Shareholders’ equity 662 360 723 703 1,013 148 (267) (391) (357) (372) n/m
Returns, %
Returns, % ROA 7.93 2.20 15.15 12.09 12.53 (9.62) (9.86) (1.11) 5.17 3.79 (4.1) pt
ROIC 13.95 5.31 10.87 16.57 14.75 (8.95) (4.72) 7.40 13.09 15.43 +1.5 pt
ROE 31.28 12.47 85.09 54.33 59.72 (75.37) 635.62 10.61 (38.82) 0.00 (31.3) pt
People
People Employees 4,700 5,150 5,600 5,932 7,300 6,100 6,500 6,200 5,900 — +2.9%
Revenue/emp, $m 0.56 0.52 0.56 0.70 0.67 0.64 0.55 0.57 0.58 0.00 n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Sep 2026 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

The Scotts Miracle-Gro Company vs peers in Agricultural Inputs (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
NTR Nutrien Ltd. $34.4B 14.6× 15.1× +3.58% (above 0%: growing) +0.80% (above 0%: growing) −5.72% (below 0%: shrinking) 30.07% 16.44% Compare
CF CF Industries Holdings, Inc. $17.9B 8.3× 8.0× +12.12% (above 0%: growing) +31.51% (above 0%: growing) +23.85% (above 0%: growing) 38.71% 37.69% Compare
CTVA Corteva, Inc. $8.0B 8.0× 14.2× −1.19% (below 0%: shrinking) −9.90% (below 0%: shrinking) −169.39% (below 0%: shrinking) 57.39% 26.21% Compare
MOS The Mosaic Company $7.1B — (loss-making) — (loss-making) −10.18% (below 0%: shrinking) n/m +102.12% (above 0%: growing) 2.71% (3.12%) Compare
ICL ICL Group Ltd. $6.0B 19.5× 20.4× +16.54% (above 0%: growing) +57.14% (above 0%: growing) +38.81% (above 0%: growing) 31.10% 12.46% Compare
SMG The Scotts Miracle-Gro Company $3.9B 37.2× 23.4× −39.12% (below 0%: shrinking) n/m +24.47% (above 0%: growing) (0.69%) (47.21%)
UAN CVR Partners, LP $1.2B 10.8× — −10.64% (below 0%: shrinking) n/m +5.14% (above 0%: growing) 21.70% (2.49%) Compare
FMC FMC Corporation $944.2M — (loss-making) — (loss-making) −80.47% (below 0%: shrinking) n/m +90.90% (above 0%: growing) (379.23%) (1,050.24%) Compare
IPI Intrepid Potash, Inc $422.1M 16.9× — (loss-making) −4.11% (below 0%: shrinking) −54.76% (below 0%: shrinking) −85.77% (below 0%: shrinking) 19.68% 0.41% Compare
Median of peers $6.6B 12.7× 14.6× −2.65% +0.80% +14.50% 25.89% 6.44%

All 15 Agricultural Inputs stocks →

Pay and ownership Proxy statement filed 17 December 2025

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 12.30m (9.27m) 43.90
2024 15.23m 35.81m 64.10
2023 11.99m 6.79m 36.60
2022 8.17m (3.41m) 29.00
2021 10.71m 8.23m 97.00

Ownership

Directors and executive officers, together 24.44%
James Hagedorn 23.98%
Nathan E. Baxter 22.83%
Katherine Hagedorn Littlefield 22.80%
Hagedorn Partnership, L.P. 22.79%
EARNEST Partners, LLC 6.48%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

The Scotts Miracle-Gro Company (SMG) Latest News

5 Nov

Impact 3 · · GuruFocus.com
Impact 3 · · Simply Wall St.

4 Nov

Impact 3 · · Moby
Impact 3 · · The Motley Fool transcript
Impact 3 · · Associated Press
Impact 3 · · GlobeNewswire

29 Oct

Impact 4 · · GlobeNewswire

28 Oct

Impact 3 · · Insider Monkey

27 Oct

Impact 3 · · Insider Monkey

23 Oct

Impact 3 · · Simply Wall St.

15 Oct

Impact 3 · · MT Newswires

6 Oct

Impact 4 · · GlobeNewswire

18 Sep

Impact 3 ·

16 Sep

Impact 3 ·

15 Sep

Impact 3 ·

7 Sep

Impact 3 ·

3 Sep

Impact 4 ·

31 Aug

Impact 3 ·

9 Aug

Impact 3 ·

7 Aug

Impact 4 · · The Motley Fool transcript

4 Aug

Impact 4 · · MarketBeat
Impact 4 ·
Impact 3 ·

30 Jul

Impact 4 · · MarketBeat transcript

29 Jul

Impact 4 ·
Impact 3 ·
Impact 3 · · Moby transcript
Impact 3 ·

22 Jul

Impact 3 ·

29 Jun

Impact 3 ·

SMG metrics, ten years each

stockrow.com/SMG · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com