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Scotts Miracle-Gro SMG Accounts Receivable

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Other financials

Income statement

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Revenue$1.2B+1.1%
Gross profit$367.1M-2.0%
Operating income$169.6M-23.5%
Net income$112.2M-24.7%
EPS (diluted)$1.90-25.2%

Balance sheet

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Cash & equivalents$27.7M-30.1%
Total debt$2.5B+1.3%
Total equity-$208.7M-22.1%
Total assets$3.2B+2.5%

Cash flow

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Operating cash flow$345.6M-23.9%
CapEx$24.5M+45.0%
Free cash flow$321.1M-26.6%

Valuation

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Market cap$3.63B+5.1%
Enterprise value$6.1B+3.7%
P/E9.7×
P/S0.0×

Profitability

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Gross margin32.2%+1.8pp
Operating margin0.3%-0.2pp
Net margin1.6%+0.9pp
FCF margin10.5%-3.4pp

Returns & leverage

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Return on equity-47.6%+65.7pp
Debt / equity25.2×+16.1×
Current ratio1.2×-0.4×

Where this comes from

Reported directly by Scotts Miracle-Gro in its filing.

Tagged under the XBRL concept us-gaap:AccountsReceivableNetCurrent.

The source filing: Scotts Miracle-Gro’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:07 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000825542-26-000041
Line itemJune 27,2026June 28,2025September 30,2025
ASSETS
Current assets:
Cash and cash equivalents$27.7$39.6$32.8
Accounts receivable, less allowances of $15.6, $13.3 and $10.5, respectively713.0545.7160.8
Inventories481.4485.4542.7
Current assets held for sale108.684.8
Prepaid and other current assets127.0104.0119.2
Total current assets1,349.11,283.3940.3

Item 1. Financial Statements (Unaudited)

FAQ

What is Scotts Miracle-Gro's accounts receivable?
Scotts Miracle-Gro (SMG) reported accounts receivable of $713M in Q2 2026.
How has Scotts Miracle-Gro's accounts receivable changed year-over-year?
Scotts Miracle-Gro's accounts receivable increased by 30.7% year-over-year, from $545.7M to $713M.
What is the long-term trend for Scotts Miracle-Gro's accounts receivable?
Over 4 years (2021 to 2025), Scotts Miracle-Gro's accounts receivable has grown at a -24.1% compound annual growth rate (CAGR), from $483.4M to $160.8M.
What does accounts receivable mean?
Amounts owed by customers for goods delivered or services performed, net of allowances for doubtful accounts. A key working capital component.

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