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Scotts Miracle-Gro SMG Long-Term Debt

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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$3.61B+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:LongTermDebtNoncurrent.

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
Current liabilities held for sale36.224.3
Other current liabilities523.5464.0436.8
Total current liabilities1,110.8798.6739.7
Long-term debt1,836.32,136.22,049.2
Noncurrent liabilities held for sale11.69.6
Other liabilities429.0315.1301.0
Total liabilities3,376.13,261.53,099.5
Commitments and contingencies (Note 11)

Item 1. Financial Statements (Unaudited)

FAQ

What is Scotts Miracle-Gro's long-term debt?
Scotts Miracle-Gro (SMG) reported long-term debt of $1.84B in Q2 2026.
How has Scotts Miracle-Gro's long-term debt changed year-over-year?
Scotts Miracle-Gro's long-term debt decreased by 14.0% year-over-year, from $2.14B to $1.84B.
What is the long-term trend for Scotts Miracle-Gro's long-term debt?
Over 4 years (2021 to 2025), Scotts Miracle-Gro's long-term debt has grown at a -2.2% compound annual growth rate (CAGR), from $2.24B to $2.05B.
What does long-term debt mean?
Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

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