Scotts Miracle-Gro Company (The) (SMG) financial statements (2022 and earlier)

Company profile

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

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1624417193412150
Cash and cash equivalents1624417193412150
Receivables311483475224226198214
Inventory, net of allowances, customer advances and progress billings1,6571,127622540481408448
Inventory1,6571,127622540481408448
Other current assets   59  43
Other undisclosed current assets308170103200144156237
Total current assets:2,2932,0241,2171,042886882992
Noncurrent Assets
Finance lease, right-of-use asset 3135 
Property, plant and equipment616  546531468471
Long-term investments and receivables200207  3631101
Long-term investments200207  3631101
Intangible assets, net (including goodwill)1,4931,3151,2231,2461,4001,1911,124
Goodwill682605544539543442373
Intangible assets, net (excluding goodwill)812710679708857749751
Other noncurrent assets641632381195202176121
Other undisclosed noncurrent assets 591525    
Total noncurrent assets:2,9502,7762,1641,9872,1691,8651,817
TOTAL ASSETS:5,2424,8003,3813,0293,0552,7472,809
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities428609391214151153166
Accounts payable428609391214151153166
Debt1615866128133143185
Other liabilities327473493278330248242
Total current liabilities:9151,140950621613545593
Noncurrent Liabilities
Long-term debt and lease obligation3,0822,2371,4551,5241,8841,2581,131
Long-term debt, excluding current maturities3,0822,2371,4551,5241,8841,2581,131
Liabilities, other than long-term debt413410272162198283350
Due to related parties    2222 
Other liabilities413410272162177261350
Total noncurrent liabilities:3,4952,6461,7271,6852,0821,5411,481
Total liabilities:4,4113,7872,6782,3062,6952,0852,075
Stockholders' equity
Stockholders' equity attributable to parent, including:8321,013697719355649715
Treasury stock, value(1,112)(1,002)(922)(904)(940)(668)(451)
Accumulated other comprehensive loss(61)(66)(99)(94)(46)(69)(117)
Retained earnings1,5181,6051,2361,275920978882
Other undisclosed stockholders' equity attributable to parent487477483442420408402
Stockholders' equity attributable to noncontrolling interest  6551319
Total stockholders' equity:8321,013703723360662734
TOTAL LIABILITIES AND EQUITY:5,2424,8003,3813,0293,0552,7472,809

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

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Revenues4,7424,9254,1323,1562,6632,6422,836
Revenue, net2,6422,836
Cost of revenue
(Cost of Goods and Services Sold)
(3,330)(3,431)(2,769)(2,131)(1,778)(1,670)(1,833)
Other undisclosed gross profit(16)(25)(16)(6)(21) (8)
Gross profit:1,3971,4691,3471,020865973995
Operating expenses(746)(748)(759)(609)(672)(556)(550)
Other operating income (expense), net32(3)(1)71714
Operating income:654723585410199433459
Nonoperating income (expense)51920532(2)(13) 
Investment income, nonoperating   263   
Other nonoperating income (expense)51920271(2)(13) 
Interest and debt expense(87)(79)(80)(102)(86)(76)(66)
Income from continuing operations before equity method investments, income taxes:572663526839111344394
Income (loss) from equity method investments714 35(29)8
Other undisclosed loss from continuing operations before income taxes  (15)(261)  (9)
Income from continuing operations before income taxes:579677511582116315393
Income tax expense (benefit)(137)(160)(124)(145)12(117)(139)
Income from continuing operations:442517387437128198253
Income (loss) from discontinued operations(4)(4)224(64)2162
Net income:43851338946064219315
Net income (loss) attributable to noncontrolling interest(0)(1)(1)1 (1)1
Net income available to common stockholders, diluted:43851338746164218315

Comprehensive Income ($ in millions)

12/31/2021
TTM
9/30/2021
9/30/2020
9/30/2019
9/30/2018
9/30/2017
9/30/2016
Net income:43851338946064219315
Other comprehensive income (loss)2333(5)(34)2348(10)
Comprehensive income:46154638342687267305
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(0)(1)(1)1 (1)1
Other undisclosed comprehensive loss, net of tax, attributable to parent      (1)
Comprehensive income, net of tax, attributable to parent:46154538242787266305

Statements sources

The financial statements are based on the company's filings with the 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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