SMGNYSEAgricultural ChemicalsUS GAAP · USD

The Scotts Miracle-Gro Company

Scotts Miracle-Gro is a U.S.-based consumer lawn and garden company organized around branded products for outdoor and indoor growing. Its portfolio spans lawn fertilizer, grass seed, soil, plant food, weed and pest control, rodent control, and hydroponic gardening inputs sold primarily in North America.

Liikevaihto3 413milj. USD
−3,9 %v/v
Liikevoitto (EBIT)359milj. USD
+71,7 %v/v
EBIT-marginaali10,5%
+4,6 %-yks.v/v
Nettotulos145milj. USD
+516,0 %v/v
Vapaa kassavirta274milj. USD
−53,1 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−2 00002 0004 0006 000milj. USD2020: 4 132 milj. USD2020: EBIT 585 milj. USD20202021: 4 925 milj. USD2021: EBIT 723 milj. USD20212022: 3 924 milj. USD2022: EBIT −434 milj. USD20222023: 3 551 milj. USD2023: EBIT −174 milj. USD20232024: 3 553 milj. USD2024: EBIT 209 milj. USD20242025: 3 413 milj. USD2025: EBIT 359 milj. USD20253 413359
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Lawn Care55 %

Fertilizers, grass seed, spreaders, and lawn-related weed/pest control products.

Garden Care20 %

Soils, plant food, and gardening products sold under Miracle-Gro and related brands.

Pest and Rodent Control15 %

Consumer herbicide, pesticide, rodent control, and animal repellent products.

Hawthorne Indoor and Hydroponic10 %

Nutrients, lighting, purification systems, and grow materials for indoor cultivation.

Asiakkaat

The company sells primarily through large home improvement retailers and other mass-market channels that serve homeowners and gardeners. It also serves indoor and hydroponic growers through Hawthorne, including commercial and specialty customers that need cultivation inputs and equipment. Demand is tied to seasonal lawn and garden activity, retailer inventory planning, and consumer purchases at the point of use.

Large home improvement retailers

The Home Depot and Lowe's buy branded lawn, garden, and pest-control products for resale to consumers.

Homeowners and gardeners

End consumers purchase fertilizers, seed, soil, and weed/pest control for lawns and gardens.

Indoor and hydroponic growers

Specialty growers buy nutrients, lighting, and grow media through Hawthorne for controlled-environment cultivation.

Live plant and garden-center channels

Customers tied to Bonnie Plants and related live-plant distribution buy for seasonal garden merchandising.

Strategia

The company’s strategy centers on brand strength, retailer relationships, product innovation, and execution in seasonal categories where shelf space and timing matter. It also uses Hawthorne to participate in indoor and hydroponic gardening, broadening the portfolio beyond traditional consumer lawn and garden products. Maintaining service levels, supply chain reliability, and consumer demand visibility is important because retailer orders are concentrated around the spring selling season.

Strengthen branded consumer lawn and garden leadershipKeskipitkä aikaväli

Brand recognition and retailer relationships are central to shelf placement and repeat purchase behavior.

Manage seasonal inventory and retailer replenishmentLyhyt aikaväli

Most sales occur in the spring and summer selling window, so timing and availability drive results.

Expand indoor and hydroponic gardening through HawthorneKeskipitkä aikaväli

This diversifies the business into controlled-environment cultivation inputs and equipment.

Maantiede

The core business is concentrated in North America, especially the United States, with Canada included in the Other segment. Hawthorne serves indoor and hydroponic gardening customers in North America, while some branded products are also distributed in specified countries outside the U.S. Geography matters because the business is highly seasonal and tied to spring and summer retail sell-through in its main markets.

Riskit

The business is exposed to customer concentration, seasonal demand swings, and retailer inventory decisions because a small number of large chains account for a large share of sales. It also faces competitive pressure, cyber and e-commerce execution risk, and input-cost or trade-policy volatility that can affect product availability and margins. As a branded consumer products company, it is also sensitive to product safety, regulatory compliance, and the performance of marketing and promotional spending.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Customer concentration at major retailers1Seasonal demand concentration2Trade policy and supply chain disruption3Cybersecurity and e-commerce disruption4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Customer concentration at major retailersVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The Home Depot and Lowe's are the two largest customers and together represent a large share of sales.

    Kohdistuu: Top retail accounts

  2. Seasonal demand concentrationVaikutus: KorkeaTodennäköisyys: Matala

    More than 75% of annual net sales occur in the second and third fiscal quarters combined.

    Kohdistuu: North America consumer lawn and garden

  3. Trade policy and supply chain disruptionVaikutus: KeskitasoTodennäköisyys: Korkea

    Tariffs, geopolitical uncertainty, and logistics issues can affect sourcing and product availability.

    Kohdistuu: Input sourcing and distribution

  4. Cybersecurity and e-commerce disruptionVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Website downtime, breaches, and technology failures can hurt online sales and brand reputation.

    Kohdistuu: E-commerce and digital marketing

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition and promotional allowances

Net sales depend on estimates for rebates, co-op advertising, and expected returns.

Vaikutus: Affects reported revenue and quarterly comparability

Seasonality and quarterly revenue concentration

Sales are heavily weighted to the second and third fiscal quarters.

Vaikutus: Can distort quarter-to-quarter trend analysis

Goodwill and indefinite-lived intangible assets

The company carries significant brand-related intangible assets that require impairment testing.

Vaikutus: Could create non-cash impairment charges if fair values decline

Derivatives and hedging

The company uses financial derivatives to manage interest rate, FX, and commodity exposure.

Vaikutus: Can affect earnings and other comprehensive income

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026