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SMG - The Scotts Miracle-Gro Company

NYSE -> Basic Materials -> Agricultural Inputs
Marysville, United States
Type: Equity

SMG price evolution
SMG
(in millions $) 31 Dec 2023 30 Oct 2023 30 Jun 2023 1 May 2023
Current assets
Cash $10.4 $31.9 $27.4 $25
Short term investments
Net receivables $287.6 $304.2 $1159.9 $1457.9
Inventory $1169.6 $880.3 $884.9 $1127.6
Total current assets $1681.4 $1397.8 $2251 $2842.4
Long term investments $90.8 $91.9 $196.5 $174.2
Property, plant & equipment $610.4 $610.3 $590.3 $588.9
Goodwill & intangible assets $677.1 $680.6 $814.7 $819.8
Total noncurrent assets $2034.7 $2015.9 $2203.4 $2145.7
Total investments $90.8 $91.9 $196.5 $174.2
Total assets $3716.1 $3413.7 $4454.4 $4988.1
Current liabilities
Accounts payable $332.5 $271.2 $365.7 $415.5
Deferred revenue
Short long term debt $54.5 $52.3 $450.7 $435.4
Total current liabilities $764.1 $773.7 $1329.1 $1372.5
Long term debt $2969 $2557.4 $2628.8 $3138
Total noncurrent liabilities $3337.4 $2907.3 $2990.5 $3478.1
Total debt $3023.5 $2609.7 $3079.5 $3573.4
Total liabilities $4101.5 $3681 $4319.6 $4850.6
Shareholders' equity
Retained earnings $372.4 $490.9 $996.8 $990.3
Other shareholder equity -$121.7 -$267.3 -$180.5 $137.5
Total shareholder equity -$385.4 -$267.3 $134.8 $137.5
(in millions $) 30 Oct 2023 30 Oct 2022 31 Dec 2021 31 Dec 2020
Current assets
Cash $31.9 $86.8 $244.1 $16.6
Short term investments
Net receivables $304.2 $378.8 $483.4 $497.1
Inventory $880.3 $1343.5 $1126.6 $621.9
Total current assets $1397.8 $1981.9 $2024 $1216.6
Long term investments $91.9 $193.8 $207
Property, plant & equipment $610.3 $606 $622.2 $560
Goodwill & intangible assets $680.6 $834.2 $1314.8 $1223.3
Total noncurrent assets $2015.9 $2314.9 $2776 $2163.9
Total investments $91.9 $193.8 $207
Total assets $3413.7 $4296.8 $4800 $3380.5
Current liabilities
Accounts payable $271.2 $422.6 $609.4 $391
Deferred revenue
Short long term debt $52.3 $144.3 $57.8 $66.4
Total current liabilities $773.7 $963.9 $1140.4 $950.4
Long term debt $2557.4 $2826.2 $2236.7 $1455.1
Total noncurrent liabilities $2907.3 $3185.2 $2646.3 $1727.2
Total debt $2609.7 $2970.5 $2294.5 $1521.5
Total liabilities $3681 $4149.1 $3786.7 $2677.6
Shareholders' equity
Retained earnings $490.9 $1020.1 $1605.1 $1235.6
Other shareholder equity -$267.3 $147.7 -$66.4 -$99.1
Total shareholder equity -$267.3 $147.7 $1013.3 $697.2
(in millions $) 31 Dec 2023 30 Oct 2023 30 Jun 2023 1 May 2023
Revenue
Total revenue $410.4 $374.5 $1118.7 $1531.5
Cost of revenue $348.2 $912.8
Gross Profit $62.2 -$33.1 $205.9 $531.4
Operating activities
Research & development
Selling, general & administrative $114.8 $128.5
Total operating expenses $109.5 $110.6 $128.6 $184.7
Operating income -$47.3 $77.3
Income from continuing operations
EBIT -$71.4 $99.1
Income tax expense -$33.7 -$92.2 $8.3 $40.4
Interest expense $42.8 -$144.6 $47.1 -$55.6
Net income
Net income -$80.5 -$468.4 $43.7 $109.4
Income (for common shares) -$80.5 $43.7
(in millions $) 30 Oct 2023 30 Oct 2022 30 Oct 2021 31 Dec 2020
Revenue
Total revenue $3551.3 $3924.1 $4131.6
Cost of revenue $2784.6
Gross Profit $843 $1033 $1347
Operating activities
Research & development
Selling, general & administrative $757.8
Total operating expenses $551.2 $613.8 $761.8
Operating income $585.2
Income from continuing operations
EBIT $590.7
Income tax expense -$73.2 -$120.6 $123.7
Interest expense -$279.2 -$131 $79.6
Net income
Net income -$380.1 -$437.5 $387.4
Income (for common shares) $387.4
(in millions $) 31 Dec 2023 30 Oct 2023 30 Jun 2023 31 Mar 2023
Net income -$80.5 $43.7 $109.4
Operating activities
Depreciation $20.1 $22.7 $22.5
Business acquisitions & disposals -$21.4
Stock-based compensation $16 -$5.6 $37.4
Total cash flows from operations -$343.2 $562.6 -$135.3
Investing activities
Capital expenditures -$37.9 -$20.8 -$21.5
Investments $37
Total cash flows from investing -$53.2 -$65.7 -$24 $15.4
Financing activities
Dividends paid -$37.4 -$149.1 -$37.1 -$38.3
Sale and purchase of stock -$2.6 -$2.4 -$5
Net borrowings $410.2 -$496.8 $166.4
Total cash flows from financing $374.2 -$520.1 -$536.3 $119.1
Effect of exchange rate $0.7 -$0.1 $0.1 $0.2
Change in cash and equivalents -$21.5 -$54.9 $2.4 -$0.6
(in millions $) 30 Oct 2023 30 Oct 2022 31 Dec 2021 31 Dec 2020
Net income $512.5 $387.4
Operating activities
Depreciation $93.8 $94.7
Business acquisitions & disposals -$230.1 $115.5
Stock-based compensation $40.6 $57.9
Total cash flows from operations $271.5 $558
Investing activities
Capital expenditures -$106.7 -$62.3
Investments -$193.1 -$3.4
Total cash flows from investing -$65.7 -$283.2 -$538.6 $46.9
Financing activities
Dividends paid -$149.1 -$166.2 -$143 -$411.2
Sale and purchase of stock -$114.1 -$35.6
Net borrowings $781.7 -$141.6
Total cash flows from financing -$520.1 $255.3 $494 -$607.1
Effect of exchange rate -$0.1 -$0.4 $0.6
Change in cash and equivalents -$54.9 -$157.3 $227.5 -$2.2
Fundamentals
Market cap $4.23B
Enterprise value $7.24B
Shares outstanding 56.70M
Revenue $3.44B
EBITDA N/A
EBIT N/A
Net Income -$395.80M
Revenue Q/Q -22.07%
Revenue Y/Y N/A
P/E ratio -10.69
EV/Sales 2.11
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 1.23
P/B ratio -16.04
Book/Share -4.65
Cash/Share 0.18
EPS -$6.98
ROA -9.55%
ROE 416.19%
Debt/Equity -13.77
Net debt/EBITDA N/A
Current ratio 2.20
Quick ratio 0.67