# Scotts Miracle-Gro Co (SMG) · Edgar & Edgarette company card

> Scotts Miracle-Gro (SMG) saw revenue fall 3.9% in FY2025 to $3.4 billion, operating margin 10.5% against a -0.2% median for agricultural chemicals, equity -13.0% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 825542 · fiscal year ended 2025-09-30 · 5 audited years read · [page](https://www.pops4.com/boards/company/SMG) · [JSON](https://www.pops4.com/boards/company/SMG.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $3.4B |
| Revenue growth, 1 year | -3.9% |
| Revenue growth per year | -8.8% |
| Operating margin | 10.5% (prior year 5.9%) |
| Net margin | 4.3% |
| Operating cash flow | $371M |
| Capital spending | $97M |
| Free cash flow | $274M |
| Cash | $37M |
| Long-term debt | $2.1B |
| Total assets | $2.7B |
| Total equity | −$358M |
| Equity ÷ assets | -13.0% |
| Return on equity | — |
| Dividend per share | $2.64 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 1.59 (grey zone)
- Piotroski F: 7 of 9 (solid)
- Beneish M: -2.93 (below the −1.78 line)
- Health Harbor boat: Weathered boat · two warning signs · liabilities exceed assets (often from years of share buybacks, not always distress); slow and jumpy: growing slower than its size class, with revenue that swings more
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $3.4B (FY2025), total debt $2.1B. Experience: revenue down 3.9% on the year, down 8.8% a year over 4 years; operating margin 10.5%, up from 5.9%. Soundness: equity -13.0% of assets (liabilities exceed assets), payout 106.3% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $2.8B and $3.7B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $2.5B to $4.0B. A statistical range, not company guidance. Against peers (224 filers, $50M+ revenue, its industry group): operating margin 10.5% against a -0.2% median; growth -3.9% against 6.7%.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 6, latest 2026-10-16 ([filing](https://www.sec.gov/Archives/edgar/data/825542/000082554226000058/0000825542-26-000058-index.htm))

## Recent filings

- 8-K · filed 2026-11-04 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/825542/000082554226000061/0000825542-26-000061-index.htm)
- 8-K · filed 2026-10-16 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/825542/000082554226000058/0000825542-26-000058-index.htm)
- 8-K · filed 2026-09-15 · 1.02 Termination of a Material Definitive Agreement; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/825542/000082554226000050/0000825542-26-000050-index.htm)
- 8-K · filed 2026-09-11 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/825542/000082554226000047/0000825542-26-000047-index.htm)
- 8-K · filed 2026-09-03 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/825542/000082554226000045/0000825542-26-000045-index.htm)
- 8-K · filed 2026-08-27 · 1.01 Entry into a Material Definitive Agreement; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/825542/000082554226000043/0000825542-26-000043-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000825542.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=825542

## Cite

POPS4, Edgar & Edgarette: Scotts Miracle-Gro Co (SMG) company card, from the company's own SEC filings, accessed 2026-11-05, https://www.pops4.com/boards/company/SMG. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.