The Scotts Miracle-Gro Company (SMG)

SMG Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 27, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Revenue	3,401	3,413	3,553	3,551	3,924	4,925
Revenue Growth (YoY)	-3.08%	-3.93%	0.04%	-9.50%	-20.32%	19.20%
Cost of Revenue	2,336	2,349	2,619	2,708	2,891	3,431
Gross Profit	1,065	1,065	934	843	1,033	1,494
Selling, General & Admin	592.7	603.4	559	551.3	613	669
Research & Development	3.2	-	-	-	-	45.4
Amortization of Goodwill & Intangibles	-	-	-	-	-	29.1
Other Operating Expenses	16.8	18.4	10.3	-0.1	0.8	-1.8
Operating Expenses	612.7	621.8	569.3	551.2	613.8	741.7
Operating Income	451.9	442.7	364.7	291.8	419.3	752
Interest Expense	-122.1	-128.8	-158.8	-178.1	-118.1	-78.9
Interest & Investment Income	-	-	-	-	-	4.1
Earnings From Equity Investments	-6	-2.8	-68.1	-101.1	-12.9	14.4
Currency Exchange Gain (Loss)	-0.3	-0.3	-9.6	-	-	-
Other Non Operating Income (Expenses)	-5.2	-5.3	-5.5	0.3	6.9	2
EBT Excluding Unusual Items	318.3	305.5	122.7	12.9	295.2	693.6
Merger & Restructuring Charges	-48.8	-47.1	-68.6	-199.7	-184.5	0.2
Impairment of Goodwill	-	-	-2.5	-10.3	-522.4	-
Gain (Loss) on Sale of Investments	-	-7	-64.6	-101.3	-	-
Gain (Loss) on Sale of Assets	-17.7	-17.7	-	-	16.2	-
Asset Writedown	-12	-12	-10.6	-154.9	-162.6	-
Other Unusual Items	9.5	-	-	-	-	-16.7
Pretax Income	249.3	221.7	-23.6	-453.3	-558.1	677.1
Income Tax Expense	85.8	76.5	11.3	-73.2	-120.6	159.8
Earnings From Continuing Operations	163.5	145.2	-34.9	-380.1	-437.5	517.3
Earnings From Discontinued Operations	-73.8	-	-	-	-	-3.9
Net Income to Company	89.7	145.2	-34.9	-380.1	-437.5	513.4
Minority Interest in Earnings	-	-	-	-	-	-0.9
Net Income	89.7	145.2	-34.9	-380.1	-437.5	512.5
Net Income to Common	89.7	145.2	-34.9	-380.1	-437.5	512.5
Net Income Growth	-	-	-	-	-	32.29%
Shares Outstanding (Basic)	58	58	57	56	56	56
Shares Outstanding (Diluted)	59	59	57	56	56	57
Shares Change (YoY)	3.34%	3.35%	1.43%	0.90%	-2.97%	0.53%
EPS (Basic)	1.55	2.52	-0.61	-6.79	-7.88	9.20
EPS (Diluted)	1.51	2.47	-0.61	-6.79	-7.88	8.96
EPS Growth	-	-	-	-	-	31.60%
Free Cash Flow	358.1	273.9	583.5	438.2	-242.5	164.6
Free Cash Flow Per Share	6.08	4.67	10.27	7.83	-4.37	2.88
Dividend Per Share	2.640	2.640	2.640	2.640	2.640	2.520
Dividend Growth	-	-	-	-	4.76%	6.78%
Gross Margin	31.30%	31.19%	26.29%	23.74%	26.33%	30.33%
Operating Margin	13.29%	12.97%	10.27%	8.22%	10.69%	15.27%
Profit Margin	2.64%	4.25%	-0.98%	-10.70%	-11.15%	10.41%
Free Cash Flow Margin	10.53%	8.03%	16.42%	12.34%	-6.18%	3.34%
EBITDA	526.4	517.7	445.3	384.3	524.5	845.8
EBITDA Margin	15.48%	15.17%	12.53%	10.82%	13.37%	17.17%
D&A For EBITDA	74.5	75	80.6	92.5	105.2	93.8
EBIT	451.9	442.7	364.7	291.8	419.3	752
EBIT Margin	13.29%	12.97%	10.27%	8.22%	10.69%	15.27%
Effective Tax Rate	34.42%	34.51%	-	-	-	23.60%
Advertising Expenses	-	152.3	141	123.7	120.3	165.7

Updated Jan 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q