Scotts Miracle-Gro Company (The) (SMG) Financial Statements (2024 and earlier)

Company Profile

Business Address 14111 SCOTTSLAWN ROAD
MARYSVILLE, OH 43041
State of Incorp. OH
Fiscal Year End September 30
Industry (SIC) 287 - Agricultural Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2023
MRQ
9/30/2023
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3287244171934
Cash and cash equivalents3287244171934
Receivables304299483475224226
Inventory, net of allowances, customer advances and progress billings8801,3441,127622540481
Inventory8801,3441,127622540481
Other current assets     59 
Other undisclosed current assets181253170103200144
Total current assets:1,3981,9822,0241,2171,042886
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization   3135 
Property, plant and equipment610606  546531
Long-term investments and receivables92194207  36
Long-term investments92194207  36
Intangible assets, net (including goodwill)6818341,3151,2231,2461,400
Goodwill244254605544539543
Intangible assets, net (excluding goodwill)437580710679708857
Other noncurrent assets633681632381195202
Other undisclosed noncurrent assets   591525  
Total noncurrent assets:2,0162,3152,7762,1641,9872,169
TOTAL ASSETS:3,4144,2974,8003,3813,0293,055
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities271423609391214151
Accounts payable271423609391214151
Debt521445866128133
Other liabilities450397473493278330
Total current liabilities:7749641,140950621613
Noncurrent Liabilities
Long-term debt and lease obligation2,5572,8262,2371,4551,5241,884
Long-term debt, excluding current maturities2,5572,8262,2371,4551,5241,884
Liabilities, other than long-term debt350359410272162198
Due to related parties    22
Other liabilities350359410272162177
Total noncurrent liabilities:2,9073,1852,6461,7271,6852,082
Total liabilities:3,6814,1493,7872,6782,3062,695
Equity
Equity, attributable to parent, including:(620)(216)1,013697719355
Treasury stock, value(999)(1,092)(1,002)(922)(904)(940)
Accumulated other comprehensive loss(113)(145)(66)(99)(94)(46)
Retained earnings4911,0201,6051,2361,275920
Other undisclosed equity, attributable to parent   477483442420
Equity, attributable to noncontrolling interest    655
Other undisclosed equity353364    
Total equity:(267)1481,013703723360
TOTAL LIABILITIES AND EQUITY:3,4144,2974,8003,3813,0293,055

Income Statement (P&L) ($ in millions)

12/31/2023
TTM
9/30/2023
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
Revenues3,5513,9244,9254,1323,1562,663
Cost of revenue
(Cost of Goods and Services Sold)
(2,708)(2,891)(3,431)(2,769)(2,131)(1,778)
Other undisclosed gross profit(186)(160)(25)(16)(6)(21)
Gross profit:6578731,4691,3471,020865
Operating expenses(832)(1,306)(748)(759)(609)(672)
Other operating income (expense), net0(1)2(3)(1)7
Operating income (loss):(174)(434)723585410199
Nonoperating income (expense)071920532(2)
Investment income, nonoperating     263 
Other nonoperating income (expense)071920271(2)
Interest and debt expense(178)(118)(79)(80)(102)(86)
Income (loss) from continuing operations before equity method investments, income taxes:(352)(545)663526839111
Income (loss) from equity method investments(101)(13)14 35
Other undisclosed loss from continuing operations before income taxes    (15)(261) 
Income (loss) from continuing operations before income taxes:(453)(558)677511582116
Income tax expense (benefit)73121(160)(124)(145)12
Income (loss) from continuing operations:(380)(438)517387437128
Income (loss) before gain (loss) on sale of properties:(438)51338946064
Income (loss) from discontinued operations   (4)224(64)
Net income (loss):(380)(438)51338946064
Net income (loss) attributable to noncontrolling interest   (1)(1)1 
Net income (loss) available to common stockholders, diluted:(380)(438)51338746164

Comprehensive Income ($ in millions)

12/31/2023
TTM
9/30/2023
9/30/2022
9/30/2021
9/30/2020
9/30/2019
9/30/2018
Net income (loss):(380)(438)51338946064
Other comprehensive income (loss)32(78)33(5)(34)23
Comprehensive income (loss):(348)(516)54638342687
Comprehensive income (loss), net of tax, attributable to noncontrolling interest   (1)(1)1 
Comprehensive income (loss), net of tax, attributable to parent:(348)(516)54538242787

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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