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Scotts Miracle-Gro SMG Interest Expense

Interest Expense at other companies

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$21.12M-12.2%

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$3.61B+3.5%
Enterprise value$6.09B+2.8%
P/E9.6×
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:InterestExpense.

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 itemThree Months Ended / June 27,2026Three Months Ended / June 28,2025Nine Months Ended / June 27,2026Nine Months Ended / June 28,2025
Other expense, net3.77.113.715.5
Income from operations169.6221.8549.7525.7
Equity in income of unconsolidated affiliates(29.2)(25.3)(11.6)(9.5)
Interest expense28.031.886.5102.2
Other non-operating expense, net15.61.317.93.9
Income from continuing operations before income taxes155.2214.0456.9429.1
Income tax expense from continuing operations51.659.3137.8119.7
Net income from continuing operations103.6154.7319.1309.4

Item 1. Financial Statements (Unaudited)

FAQ

What is Scotts Miracle-Gro's interest expense?
Scotts Miracle-Gro (SMG) reported interest expense of $28M in Q2 2026.
How has Scotts Miracle-Gro's interest expense changed year-over-year?
Scotts Miracle-Gro's interest expense decreased by 11.9% year-over-year, from $31.8M to $28M.
What is the long-term trend for Scotts Miracle-Gro's interest expense?
Over 4 years (2021 to 2025), Scotts Miracle-Gro's interest expense has grown at a 13.1% compound annual growth rate (CAGR), from $78.9M to $128.9M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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