The Scotts Miracle-Gro Company (SMG) — Financial statements
Income statement, balance sheet, and cash flow for The Scotts Miracle-Gro Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,413↓3.9% | 3,553↑0.0% | 3,551↓9.5% | 3,924↓20.3% | 4,925 | |
| Cost of Revenue | 2,369↓12.3% | 2,702↓6.6% | 2,894↓5.2% | 3,051↓11.7% | 3,456 | |
| Gross Profit | 1,044↑22.8% | 851↑29.4% | 657↓24.7% | 873↓40.6% | 1,469 | |
| Operating Expenses | ||||||
| R&D Expenses | 35↑0.6% | 35↓3.1% | 36↓21.2% | 45↓0.2% | 45 | |
| General & Administrative Expenses | 405↑9.5% | 370↑0.1% | 369↓11.3% | 416↓17.3% | 503 | |
| Selling & Marketing Expenses | 152↑8.0% | 141↑14.0% | 124↑2.8% | 120↓27.4% | 166 | |
| SG&A Expenses | 557↑9.1% | 511↑3.5% | 493↓8.1% | 537↓19.8% | 669 | |
| Other Expenses | 94↓2.8% | 97↓68.1% | 303↓58.2% | 725↑2194.0% | 32 | |
| Operating Expenses | 686↑6.8% | 642↓22.8% | 832↓36.4% | 1,307↑75.2% | 746 | |
| Total Costs & Expenses | 3,055↓8.7% | 3,344↓10.2% | 3,726↓14.5% | 4,358↑3.7% | 4,202 | |
| Operating Results | ||||||
| Operating Income | 359↑71.7% | 209↑219.7% | -174↑59.8% | -434↓160.0% | 723 | |
| Depreciation & Amortization | 75↓6.9% | 81↓12.9% | 93↓12.1% | 105↑12.2% | 94 | |
| EBITDA | 426↑97.2% | 216↑218.1% | -183↑45.4% | -335↓139.4% | 850 | |
| EBIT | 351↑159.2% | 135↑149.1% | -275↑37.5% | -440↓158.2% | 756 | |
| Interest & Other Income | ||||||
| Net Interest Income | -129↑18.9% | -159↑10.8% | -178↓50.8% | -118↓49.7% | -79 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 129↓18.9% | 159↓10.8% | 178↑50.8% | 118↑49.7% | 79 | |
| Non-Operating Income | 8↓89.0% | 74↓27.0% | 101↑1580.0% | 6↑118.2% | -33 | |
| Other Income / Expenses | -137↑41.1% | -232↑16.7% | -279↓124.7% | -124↓170.4% | -46 | |
| Income Before Tax | 222↑1039.4% | -24↑94.8% | -453↑18.8% | -558↓182.4% | 677 | |
| Income Tax Expense | 77↑577.0% | 11↑115.4% | -73↑39.3% | -121↓175.5% | 160 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 145↑516.0% | -35↑90.8% | -380↑13.1% | -438↓184.6% | 517 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00↑100.0% | -4 | |
| Net Income | 145↑516.0% | -35↑90.8% | -380↑13.1% | -438↓185.4% | 513 | |
| Bottom-Line Net Income | 145↑516.0% | -35↑90.8% | -380↑13.1% | -438↓185.4% | 513 | |
| EPS (Basic) | 2.52↑513.1% | -0.61↑91.0% | -6.79↑13.8% | -7.88↓185.7% | 9.20 | |
| EPS (Diluted) | 2.47↑504.9% | -0.61↑91.0% | -6.79↑13.8% | -7.88↓187.9% | 8.96 | |
| Weighted Average Shares | 58↑1.4% | 57↑1.4% | 56↑0.9% | 56↓0.4% | 56 | |
| Weighted Average Diluted Shares | 59↑3.3% | 57↑1.4% | 56↑0.9% | 56↓3.0% | 57 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.