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Scotts Miracle-Gro SMG Other, primarily hardware and growing environment — Net Sales

Other product segments

Growing media and mulch
$589.5M-1.9%
Lawn care
$265.2M-1.6%
Controls
$136M+20.2%
Growing media
$56.3M+10.0%
Lighting
$55.9M-48.3%
Other, primarily gardening
$47.7M+3.2%
Roundup® marketing agreement
$43.1M+2.4%
Other, primarily gardening and controls
$34.3M-4.5%

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$2.25B0.0%
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$4.91B+10.4%
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$2.16M-1.3%
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GMEHardware and accessories — Net Sales
$460.1M-12.3%

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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

Filed
Nov 25, 2025
Fiscal year
FY2025
Accession
0000825542-25-000022
Line itemYear Ended September 30, 2025Year Ended September 30, 2024Year Ended September 30, 2023
Net sales$3,413.1$3,552.7$3,551.3
Cost of sales2,348.62,618.72,708.3
Cost of sales—impairment, restructuring and other20.383.5185.7
Gross margin1,044.2850.5657.3
Operating expenses:
Selling, general and administrative603.4559.0551.3
Impairment, restructuring and other63.462.8280.5
Other (income) expense, net18.819.9(0.1)

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Scotts Miracle-Gro's other, primarily hardware and growing environment — net sales?
Scotts Miracle-Gro (SMG) reported other, primarily hardware and growing environment — net sales of $8M in Q3 2025.
How has Scotts Miracle-Gro's other, primarily hardware and growing environment — net sales changed year-over-year?
Scotts Miracle-Gro's other, primarily hardware and growing environment — net sales decreased by 58.3% year-over-year, from $19.2M to $8M.
What is the long-term trend for Scotts Miracle-Gro's other, primarily hardware and growing environment — net sales?
Over 4 years (2021 to 2025), Scotts Miracle-Gro's other, primarily hardware and growing environment — net sales has grown at a -40.4% compound annual growth rate (CAGR), from $190.5M to $24.1M.
What does other, primarily hardware and growing environment — net sales mean?
This metric represents the total revenue generated from the sale of hardware, specialized growing equipment, and related environmental control products. It captures the performance of non-core or niche product lines that support cultivation and gardening infrastructure. Monitoring this revenue stream helps investors assess the company's diversification into technical growing solutions and its ability to capture value beyond traditional lawn and garden consumables.

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