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Scotts Miracle-Gro SMG Other non-reportable operating segment — Severance costs

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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:SeveranceCosts1.

The source filing: Scotts Miracle-Gro’s 10-K, filed November 25, 2025.

Filed
Nov 25, 2025
Fiscal year
FY2025
Accession
0000825542-25-000022

During fiscal 2025, the Company incurred employee and executive severance charges of $25.3. The Company incurred charges of $6.1 in its U.S. Consumer segment and $1.2 in its Hawthorne segment in the “Cost of sales—impairment, restructuring and other” line in the Consolidated Statements of Operations during fiscal 2025. The Company incurred charges of $2.3 in its U.S. Consumer segment, $3.0 in its Hawthorne segment, $1.1 in its Other segment and $11.6 at Corporate in the “Impairment, restructuring and other” line in the Consolidated Statements of Operations during fiscal 2025.

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Scotts Miracle-Gro's other non-reportable operating segment — severance costs?
Scotts Miracle-Gro (SMG) reported other non-reportable operating segment — severance costs of $275K in Q3 2025.
What does other non-reportable operating segment — severance costs mean?
Reflects the expenses incurred for employee termination benefits within the non-reportable operating segment. These costs are typically associated with workforce reductions or organizational restructuring efforts. Tracking these expenses provides insight into the company's efforts to streamline operations and manage labor costs in non-core business areas.

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