Scotts Miracle-Gro Company (The) (SMG) Financial Statements (2025 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)
| 12/31/2024 MRQ | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 72 | 32 | 87 | 244 | 17 | 19 | |||
| Cash and cash equivalent | 72 | 32 | 87 | 244 | 17 | 19 | |||
| Receivables | 177 | 304 | 299 | 483 | 475 | 224 | |||
| Inventory, net of allowances, customer advances and progress billings | 588 | 880 | 1,344 | 1,127 | 622 | 540 | |||
| Inventory | 588 | 880 | 1,344 | 1,127 | 622 | 540 | |||
| Other current assets | 59 | ||||||||
| Other undisclosed current assets | 145 | 181 | 253 | 170 | 103 | 200 | |||
| Total current assets: | 980 | 1,398 | 1,982 | 2,024 | 1,217 | 1,042 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 31 | 35 | |||||||
| Property, plant and equipment | 610 | 610 | 606 | 546 | |||||
| Long-term investments and receivables | 45 | 92 | 194 | 207 | |||||
| Long-term investments | 45 | 92 | 194 | 207 | |||||
| Intangible assets, net (including goodwill) | 663 | 681 | 834 | 1,315 | 1,223 | 1,246 | |||
| Goodwill | 244 | 244 | 254 | 605 | 544 | 539 | |||
| Intangible assets, net (excluding goodwill) | 419 | 437 | 580 | 710 | 679 | 708 | |||
| Other noncurrent assets | 574 | 633 | 681 | 632 | 381 | 195 | |||
| Other undisclosed noncurrent assets | 591 | 525 | |||||||
| Total noncurrent assets: | 1,892 | 2,016 | 2,315 | 2,776 | 2,164 | 1,987 | |||
| TOTAL ASSETS: | 2,872 | 3,414 | 4,297 | 4,800 | 3,381 | 3,029 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 255 | 271 | 423 | 609 | 391 | 214 | |||
| Accounts payable | 255 | 271 | 423 | 609 | 391 | 214 | |||
| Debt | 53 | 52 | 144 | 58 | 66 | 128 | |||
| Other liabilities | 443 | 450 | 397 | 473 | 493 | 278 | |||
| Total current liabilities: | 750 | 774 | 964 | 1,140 | 950 | 621 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,174 | 2,557 | 2,826 | 2,237 | 1,455 | 1,524 | |||
| Long-term debt, excluding current maturities | 2,174 | 2,557 | 2,826 | 2,237 | 1,455 | 1,524 | |||
| Liabilities, other than long-term debt | 338 | 350 | 359 | 410 | 272 | 162 | |||
| Other liabilities | 338 | 350 | 359 | 410 | 272 | 162 | |||
| Total noncurrent liabilities: | 2,512 | 2,907 | 3,185 | 2,646 | 1,727 | 1,685 | |||
| Total liabilities: | 3,263 | 3,681 | 4,149 | 3,787 | 2,678 | 2,306 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (753) | (620) | (216) | 1,013 | 697 | 719 | |||
| Treasury stock, value | (949) | (999) | (1,092) | (1,002) | (922) | (904) | |||
| Accumulated other comprehensive loss | (107) | (113) | (145) | (66) | (99) | (94) | |||
| Retained earnings | 304 | 491 | 1,020 | 1,605 | 1,236 | 1,275 | |||
| Other undisclosed equity, attributable to parent | 477 | 483 | 442 | ||||||
| Equity, attributable to noncontrolling interest | 6 | 5 | |||||||
| Other undisclosed equity | 362 | 353 | 364 | ||||||
| Total equity: | (391) | (267) | 148 | 1,013 | 703 | 723 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,872 | 3,414 | 4,297 | 4,800 | 3,381 | 3,029 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2024 TTM | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,553 | 3,551 | 3,924 | 4,925 | 4,132 | 3,156 | ||
| Cost of revenue (Cost of Product and Service Sold) | (2,619) | (2,708) | (2,891) | (3,431) | (2,769) | (2,131) | ||
| Other undisclosed gross profit | (84) | (186) | (160) | (25) | (16) | (6) | ||
| Gross profit: | 851 | 657 | 873 | 1,469 | 1,347 | 1,020 | ||
| Operating expenses | (622) | (832) | (1,306) | (748) | (759) | (609) | ||
| Other operating income (expense), net | (20) | 0 | (1) | 2 | (3) | (1) | ||
| Operating income (loss): | 209 | (174) | (434) | 723 | 585 | 410 | ||
| Nonoperating income (expense) | (6) | 0 | 7 | 19 | 20 | 532 | ||
| Investment income, nonoperating | 263 | |||||||
| Other nonoperating income (expense) | (6) | 0 | 7 | 19 | 20 | 271 | ||
| Interest and debt expense | (1) | (178) | (118) | (79) | (80) | (102) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 203 | (352) | (545) | 663 | 526 | 839 | ||
| Income (loss) from equity method investments | (68) | (101) | (13) | 14 | 3 | |||
| Other undisclosed loss from continuing operations before income taxes | (158) | (15) | (261) | |||||
| Income (loss) from continuing operations before income taxes: | (24) | (453) | (558) | 677 | 511 | 582 | ||
| Income tax expense (benefit) | (11) | 73 | 121 | (160) | (124) | (145) | ||
| Income (loss) from continuing operations: | (35) | (380) | (438) | 517 | 387 | 437 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (438) | 513 | 389 | 460 | |
| Income (loss) from discontinued operations | (4) | 2 | 24 | |||||
| Net income (loss): | (35) | (380) | (438) | 513 | 389 | 460 | ||
| Net income (loss) attributable to noncontrolling interest | (1) | (1) | 1 | |||||
| Net income (loss) available to common stockholders, diluted: | (35) | (380) | (438) | 513 | 387 | 461 | ||
Comprehensive Income ($ in millions)
| 12/31/2024 TTM | 9/30/2024 | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (35) | (380) | (438) | 513 | 389 | 460 | ||
| Other comprehensive income (loss) | 6 | 32 | (78) | 33 | (5) | (34) | ||
| Comprehensive income (loss): | (29) | (348) | (516) | 546 | 383 | 426 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1) | (1) | 1 | |||||
| Comprehensive income (loss), net of tax, attributable to parent: | (29) | (348) | (516) | 545 | 382 | 427 | ||
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.