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The Scotts Miracle-Gro Company

The Scotts Miracle-Gro Company

NYSE•SMG
CEO: Mr. James S. Hagedorn
Sector: Basic Materials
Industry: Agricultural Inputs
Listing Date: 1992-01-31
The Scotts Miracle-Gro Company, together with its subsidiaries, engages in the manufacture, marketing, and sale of products for lawn, garden care, and indoor and hydroponic gardening in the United States and internationally. It operates through three segments: U.S. Consumer, Hawthorne, and Other. The company provides lawn care products, comprising lawn fertilizers, grass seed products, spreaders, and other durable products, as well as lawn-related weed, pest, and disease control products; and gardening and landscape products, which include water-soluble and continuous-release plant foods, potting mixes, garden soils, mulches and ground cover products, plant-related pest and disease control products, organic garden products, and live goods and seeding solutions. It offers hydroponic products that help users to grow plants, flowers, and vegetables using little or no soil; lighting systems and components for use in hydroponic and indoor gardening applications; insect, rodent, and weed control products for home areas; and non-selective weed killer products. The company sells its products under the Scotts, Turf Builder, Grower's Edge, EZ Seed, PatchMaster, Thick'R Lawn, GrubEx, EdgeGuard, Whirl, Wizz, Miracle-Gro, LiquaFeed, Shake ‘N Feed, Hyponex, Earthgro, Miracle-Gro Organic, CAN-FAN, CAN-FILTERS, EcoPlus, Bug B Gon, Nature Scapes, Ortho, Miracle-Gro Performance Organics, Miracle-Gro Organic Choice, Whitney Farms, Ortho Max, Home Defense, Mother Earth, Botanicare, General Hydroponics, CYCO, Gavita, Agrolux, HydroLogic Purification System, Gro Pro, AeroGarden, Titan, Tomcat, Ortho Weed B Gon, Roundup, Groundclear, and Alchemist brands. It serves home centers, mass merchandisers, warehouse clubs, large hardware chains, independent hardware stores, nurseries, garden centers, e-commerce platforms, and food and drug stores, as well as indoor gardening and hydroponic distributors, retailers, and growers. The company was formerly known as The Scotts Company. The Scotts Miracle-Gro Company was founded in 1868 and is headquartered in Marysville, Ohio.
Contact Information
14111 Scottslawn Road, Marysville, OH, 43041, United States
937-644-0011
scottsmiraclegro.com
Market Cap
$3.29B
P/E (TTM)
22.6
19.5
Dividend Yield
4.6%
52W High
$83.55
52W Low
$45.61
52W Range
30%
3.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q4 2025 Data

Revenue

$387.40M-6.58%
4-Quarter Trend

EPS

-$2.63-38.70%
4-Quarter Trend

FCF

$0.00+0.00%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Net Income Soars 42% Nine months net income reached $297.1M, showing a substantial 42.1% increase compared to $209.1M last year.
Gross Margin Rate Expands Gross margin rate improved significantly to 33.7% for nine months, up from 28.0% previously reported.
Operations Profit Up 20% Income from operations grew 19.7% to $508.7M for nine months, driven by margin rate increases.
Hawthorne Segment Recovers Hawthorne segment profit reversed to $0.7M compared to a $(9.2)M loss nine months ago, showing improvement.

Risk Factors

Cannabis Oversupply Pressures Hawthorne segment sales volume severely declined due to ongoing cannabis oversupply and sustained lower wholesale prices.
Operating Cash Flow Drops Operating cash flow decreased to $197.2M from $549.0M due to timing of accounts receivable sales transactions.
Debt Covenant Contingency Expects compliance based on projections; default could accelerate $2.19B indebtedness, requiring contingency planning.
Equity Deficit Widens Total equity deficit widened to $(170.9)M as of June 28, 2025, compared to $(146.2)M previously.

Outlook

Debt Covenant Planning Active Management is contemplating alternative plans, including restructuring and lender discussions, to address potential covenant noncompliance.
Evaluating New Accounting Rules Company is currently evaluating the impact of several recently issued FASB accounting standards on future disclosures.
No Material Market Risk Management reports no material changes to quantitative or qualitative disclosures regarding market risks since last report.

Peer Comparison

Revenue (TTM)

FMC CorporationFMC
$3.56B
-14.7%
H.B. Fuller CompanyFUL
$3.50B
-1.3%
The Scotts Miracle-Gro CompanySMG
$3.41B
-3.9%

Gross Margin (Latest Quarter)

Perimeter Solutions, Inc.PRM
58.3%
-4.5 pp
Fortuna Mining Corp.FSM
45.6%
+15.1 pp
Tecnoglass Inc.TGLS
42.7%
-3.1 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
PRM$3.79B48.26.7%1.3%
SMG$3.29B22.6-44.8%76.8%
FUL$3.12B27.56.2%40.3%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-2.4%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
50%
Cash Flow Needs Attention

Research & Insights

Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Jun 28, 2025|Filed: Aug 6, 2025|
    Revenue: $1.19B-1.2%
    |
    EPS: $2.58+10.7%
    Meet
  • Form 10-Q - Q2 2025

    Period End: Mar 29, 2025|Filed: May 7, 2025|
    Revenue: $1.42B-6.8%
    |
    EPS: $3.78+36.5%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Dec 28, 2024|Filed: Feb 5, 2025|
    Revenue: $416.80M+1.6%
    |
    EPS: $-1.21-14.8%
    Beat
  • Form 10-K - FY 2024

    Period End: Sep 30, 2024|Filed: Nov 26, 2024|
    Revenue: $3.55B+0.0%
    |
    EPS: $-0.61+91.0%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Jun 29, 2024|Filed: Aug 7, 2024|
    Revenue: $1.20B+7.5%
    |
    EPS: $2.33+198.7%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Mar 30, 2024|Filed: May 8, 2024|
    Revenue: $1.53B-0.4%
    |
    EPS: $2.77+42.1%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Dec 30, 2023|Filed: Feb 7, 2024|
    Revenue: $410.40M-22.1%
    |
    EPS: $-1.42+21.4%
    Beat
  • Form 10-K - FY 2023

    Period End: Sep 30, 2023|Filed: Nov 22, 2023|
    Revenue: $3.55B-9.5%
    |
    EPS: $-6.79+13.8%
    Miss