What is Scotts Miracle-Gro's restructuring reserve?

Scotts Miracle-Gro (SMG) reported restructuring reserve of $1.1M in Q1 2026.

How has Scotts Miracle-Gro's restructuring reserve changed year-over-year?

Scotts Miracle-Gro's restructuring reserve decreased by 77.6% year-over-year, from $4.9M to $1.1M.

What does restructuring reserve mean?

This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.

Scotts Miracle-Gro SMG Restructuring Reserve

Restructuring Reserve at other companies

ABM IndustriesABM

$3.6M—

Gates Industrial CorporationGTES

$12.7M+338%

Celanese CorporationCE

$34M-20.9%

Resideo Technologies, Inc.REZI

$21M—

BioCryst PharmaceuticalsBCRX

$596K—

Travel + LeisureTNL

$18M+5.9%

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:RestructuringReserveNoncurrent.

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 restructuring reserve?: Scotts Miracle-Gro (SMG) reported restructuring reserve of $1.1M in Q1 2026.
How has Scotts Miracle-Gro's restructuring reserve changed year-over-year?: Scotts Miracle-Gro's restructuring reserve decreased by 77.6% year-over-year, from $4.9M to $1.1M.
What does restructuring reserve mean?: This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.