Scotts MIRACLE-GRO Co. (SMG) intrinsic value & 10-year financials
Scotts MIRACLE-GRO Co. (SMG) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 3.5% a year to $3.4B, with an average return on invested capital of 9.8%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $54.57
- Market cap
- $3.2B
- Revenue (FY2025)
- $3.4B
- Revenue growth (10-yr CAGR)
- 3.5%
- ROIC (10-yr avg)
- 9.8%
- Free cash flow (FY2025)
- $273.9M
SMG 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $3.4B | $145.2M | $2.47 | $273.9M | 10.5% | 12.0% |
| FY2024 | $3.6B | -$34.9M | -$0.61 | $583.5M | 5.9% | 9.2% |
| FY2023 | $3.6B | -$380.1M | -$6.79 | $438.2M | -4.9% | -5.0% |
| FY2022 | $3.9B | -$437.5M | -$7.88 | -$242.5M | -11.1% | -10.3% |
| FY2021 | $4.9B | $512.5M | $8.96 | $164.6M | 14.7% | 19.4% |
| FY2020 | $4.1B | $387.4M | $6.81 | $495.3M | 14.2% | 18.8% |
| FY2019 | $3.2B | $460.7M | $8.18 | $184.4M | 13.0% | 13.3% |
| FY2018 | $2.7B | $63.7M | $1.12 | $274.3M | 7.5% | 9.3% |
| FY2017 | $2.6B | $218.3M | $3.63 | $284.4M | 16.4% | 14.8% |
| FY2016 | $2.5B | $315.3M | $5.09 | $179.1M | 18.3% | 16.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
SCOTTS MIRACLE-GRO CO has demonstrated mature, steady growth, with revenue compounding at 3.5% annually over the past decade.
SCOTTS MIRACLE-GRO CO returns on capital have been average, hovering around 9.8% ROIC over the decade.
Over the decade, SCOTTS MIRACLE-GRO CO shows that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, SCOTTS MIRACLE-GRO CO is modeled at -7.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-14.79 per share.