What is Scotts Miracle-Gro's finished goods?

Scotts Miracle-Gro (SMG) reported finished goods of $430.8M in Q1 2026.

How has Scotts Miracle-Gro's finished goods changed year-over-year?

Scotts Miracle-Gro's finished goods increased by 5.5% year-over-year, from $408.3M to $430.8M.

What is the long-term trend for Scotts Miracle-Gro's finished goods?

Over 5 years (2020 to 2025), Scotts Miracle-Gro's finished goods has grown at a -8.8% compound annual growth rate (CAGR), from $390.3M to $246.3M.

What does finished goods mean?

Completed products ready for sale, valued at the lower of cost or net realizable value.

Scotts Miracle-Gro SMG Finished goods

Finished goods at other companies

Central Garden & Pet CompanyCENT

$402.69M-4.9%

GriffonGFF

$96.86M-70.1%

Worthington EnterprisesWOR

$84.82M+10.0%

McCormick & Company, IncorporatedMKC

$665.4M+9.5%

WD-40 CompanyWDFC

$76.92M+13.5%

TTC

Toro CompanyTTC

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Other financials

Income statement

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Revenue$1.5B+5.0%

Gross profit$610.5M+11.5%

Operating income$401.8M+14.9%

Net income$238.6M+9.7%

EPS (diluted)$4.04+8.6%

Balance sheet

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Cash & equivalents$6.2M-28.7%

Total debt$2.7B-5.5%

Total equity-$286.5M+1.2%

Total assets$3.4B-3.5%

Cash flow

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Operating cash flow-$370.4M+16.8%

CapEx$18.6M+124%

Free cash flow-$390.4M+17.7%

Valuation

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Market cap$3.69B+11.9%

Profitability

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Gross margin32.7%+3.4pp

Operating margin0.3%-0.2pp

Net margin1.6%+0.9pp

FCF margin10.8%-3.2pp

Returns & leverage

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Return on equity-47.6%+104pp

Debt / equity25.2×+16.1×

Current ratio1.3×-0.4×

Where this comes from

Reported directly by Scotts Miracle-Gro in its filing.

Tagged under the XBRL concept us-gaap:InventoryFinishedGoods.

The official record: Scotts Miracle-Gro’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Scotts Miracle-Gro's finished goods?: Scotts Miracle-Gro (SMG) reported finished goods of $430.8M in Q1 2026.
How has Scotts Miracle-Gro's finished goods changed year-over-year?: Scotts Miracle-Gro's finished goods increased by 5.5% year-over-year, from $408.3M to $430.8M.
What is the long-term trend for Scotts Miracle-Gro's finished goods?: Over 5 years (2020 to 2025), Scotts Miracle-Gro's finished goods has grown at a -8.8% compound annual growth rate (CAGR), from $390.3M to $246.3M.
What does finished goods mean?: Completed products ready for sale, valued at the lower of cost or net realizable value.