Scotts Miracle-Gro Company (The) (SMG) Financial Statements (2023 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)Annual | Quarterly
| 9/30/2022 Q4 | 6/30/2022 Q3 | 3/31/2022 Q2 | 12/31/2021 Q1 | 9/30/2021 Q4 | 6/30/2021 Q3 | 3/31/2021 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 87 | 28 | 17 | 16 | 244 | 58 | 14 | ||
| Cash and cash equivalents | 87 | 28 | 17 | 16 | 244 | 58 | 14 | ||
| Receivables | 299 | 675 | 990 | 311 | 483 | 1,058 | 1,230 | ||
| Inventory, net of allowances, customer advances and progress billings | 1,344 | 1,408 | 1,594 | 1,657 | 1,127 | 963 | 1,019 | ||
| Inventory | 1,344 | 1,408 | 1,594 | 1,657 | 1,127 | 963 | 1,019 | ||
| Other undisclosed current assets | 253 | 479 | 653 | 308 | 170 | 147 | 310 | ||
| Total current assets: | 1,982 | 2,589 | 3,254 | 2,293 | 2,024 | 2,226 | 2,574 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 31 | ||||||||
| Property, plant and equipment | 606 | 625 | 621 | 616 | 583 | 565 | |||
| Long-term investments and receivables | 194 | 208 | 193 | 200 | 207 | 225 | 201 | ||
| Long-term investments | 194 | 208 | 193 | 200 | 207 | 225 | 201 | ||
| Intangible assets, net (including goodwill) | 834 | 882 | 1,488 | 1,493 | 1,315 | 1,225 | 1,221 | ||
| Goodwill | 254 | 255 | 688 | 682 | 605 | 547 | 546 | ||
| Intangible assets, net (excluding goodwill) | 580 | 627 | 800 | 812 | 710 | 678 | 675 | ||
| Other noncurrent assets | 681 | 690 | 651 | 641 | 632 | 363 | 373 | ||
| Other undisclosed noncurrent assets | 591 | ||||||||
| Total noncurrent assets: | 2,315 | 2,405 | 2,953 | 2,950 | 2,776 | 2,395 | 2,360 | ||
| TOTAL ASSETS: | 4,297 | 4,994 | 6,208 | 5,242 | 4,800 | 4,621 | 4,934 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 423 | 291 | 508 | 428 | 609 | 468 | 550 | ||
| Accounts payable | 423 | 291 | 508 | 428 | 609 | 468 | 550 | ||
| Debt | 144 | 322 | 460 | 161 | 58 | 54 | 213 | ||
| Other liabilities | 397 | 459 | 503 | 327 | 473 | 515 | 585 | ||
| Total current liabilities: | 964 | 1,072 | 1,470 | 915 | 1,140 | 1,037 | 1,348 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,826 | 3,156 | 3,350 | 3,082 | 2,237 | 2,132 | 2,323 | ||
| Long-term debt, excluding current maturities | 2,826 | 3,156 | 3,350 | 3,082 | 2,237 | 2,132 | 2,323 | ||
| Liabilities, other than long-term debt | 359 | 348 | 412 | 413 | 410 | 330 | 323 | ||
| Other liabilities | 359 | 348 | 412 | 413 | 410 | 330 | 323 | ||
| Total noncurrent liabilities: | 3,185 | 3,504 | 3,762 | 3,495 | 2,646 | 2,462 | 2,646 | ||
| Total liabilities: | 4,149 | 4,576 | 5,233 | 4,411 | 3,787 | 3,499 | 3,993 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (216) | 56 | 613 | 832 | 1,013 | 1,122 | 941 | ||
| Treasury stock, value | (1,092) | (1,096) | (1,097) | (1,112) | (1,002) | (966) | (954) | ||
| Accumulated other comprehensive loss | (145) | (125) | (48) | (61) | (66) | (74) | (78) | ||
| Retained earnings | 1,020 | 1,277 | 1,759 | 1,518 | 1,605 | 1,691 | 1,500 | ||
| Other undisclosed stockholders' equity attributable to parent | 487 | 477 | 471 | 473 | |||||
| Other undisclosed stockholders' equity | 364 | 362 | 362 | ||||||
| Total stockholders' equity: | 148 | 418 | 975 | 832 | 1,013 | 1,122 | 941 | ||
| TOTAL LIABILITIES AND EQUITY: | 4,297 | 4,994 | 6,208 | 5,242 | 4,800 | 4,621 | 4,934 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 9/30/2022 Q4 | 6/30/2022 Q3 | 3/31/2022 Q2 | 12/31/2021 Q1 | 9/30/2021 Q4 | 6/30/2021 Q3 | 3/31/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 494 | 1,186 | 1,678 | 566 | 738 | 1,610 | 1,829 | |
| Cost of revenue (Cost of Goods and Services Sold) | (476) | (884) | (1,085) | (447) | (609) | (1,114) | (1,159) | |
| Other undisclosed gross profit | (89) | (66) | (5) | (3) | (1) | (12) | ||
| Gross profit: | (71) | 237 | 588 | 119 | 126 | 495 | 658 | |
| Operating expenses | (151) | (794) | (205) | (156) | (162) | (195) | (234) | |
| Other operating income (expense), net | (2) | (5) | 4 | 2 | (2) | 2 | 1 | |
| Operating income (loss): | (224) | (563) | 388 | (35) | (37) | 302 | 424 | |
| Nonoperating income (Other Nonoperating income) | 2 | 2 | 2 | 2 | 1 | 1 | 1 | |
| Interest and debt expense | (35) | (31) | (28) | (24) | (22) | (22) | (19) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (257) | (592) | 362 | (57) | (58) | 281 | 406 | |
| Income (loss) from equity method investments | (14) | 15 | (7) | (7) | (6) | 22 | (2) | |
| Income (loss) from continuing operations before income taxes: | (272) | (577) | 355 | (65) | (63) | 303 | 404 | |
| Income tax expense (benefit) | 52 | 133 | (79) | 15 | 14 | (73) | (93) | |
| Income (loss) from continuing operations: | (220) | (444) | 277 | (50) | (49) | 230 | 311 | |
| Income (loss) from discontinued operations | 1 | (4) | (1) | |||||
| Net income (loss): | (220) | (444) | 277 | (50) | (48) | 226 | 310 | |
| Net loss attributable to noncontrolling interest | (0) | |||||||
| Net income (loss) available to common stockholders, diluted: | (220) | (444) | 277 | (50) | (48) | 226 | 310 | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 9/30/2022 Q4 | 6/30/2022 Q3 | 3/31/2022 Q2 | 12/31/2021 Q1 | 9/30/2021 Q4 | 6/30/2021 Q3 | 3/31/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (220) | (444) | 277 | (50) | (48) | 226 | 310 | |
| Other comprehensive income (loss) | (20) | (76) | 12 | 6 | 8 | 4 | 6 | |
| Comprehensive income (loss): | (240) | (520) | 289 | (44) | (40) | 230 | 316 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (0) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (240) | (520) | 289 | (44) | (40) | 230 | 316 | |
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.