Scotts Miracle-Gro (SMG) Gross Margin (2009 - 2026)
Scotts Miracle-Gro (SMG) posted Gross Margin of 31.22% for fiscal Q3 2026 (quarter ended Jun 27, 2026), down 0.93 percentage points from 32.15% a year earlier and down 10.61 percentage points from the prior quarter.
Scotts Miracle-Gro (SMG) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 27, 2026, Gross Margin at Scotts Miracle-Gro was 31.75%, up 2.51 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 30.59%, up 6.65 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -2.01 percentage points (FY2020 to FY2025).
- In prior fiscal years, Scotts Miracle-Gro's Gross Margin was 23.94% in FY2024 (+5.43 pp), 18.51% in FY2023 (-3.74 pp), 22.24% in FY2022 (-7.58 pp) and 29.83% in FY2021 (-2.77 pp).
- Quarterly Gross Margin has run from a low of -15.22% in fiscal Q4 2023 to a high of 41.83% in fiscal Q2 2026 over five years.
- On a year-over-year basis, Gross Margin increased in seven of the last eight quarters, with an average year-over-year change of +5.81 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q4 2025, with a gain of 15.34 percentage points; the weakest was fiscal Q4 2022, with a drop of 31.45 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 41.83% (Q2 2026), 25.03% (Q1 2026) and 8.22% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.27 Bn | 34.56 Bn | 1.94 Bn | 8.53% |
| 2 | Bunge Global | 20.55 Bn | 18.06 Bn | 1.68 Bn | 6.99% |
| 3 | Tyson Foods | 17.78 Bn | 14.14 Bn | 921.00 Mn | 6.64% |
| 4 | Jbs | 12.53 Bn | -20.58 Bn | 2.59 Bn | 10.83% |
| 5 | Darling Ingredients | 9.59 Bn | 9.18 Bn | 503.37 Mn | 29.20% |
| 6 | Smithfield Foods | 7.37 Bn | 2.32 Bn | 478.00 Mn | 12.92% |
| 7 | Pilgrims Pride | 6.43 Bn | 4.26 Bn | 339.75 Mn | 7.34% |
| 8 | Ingredion | 6.05 Bn | 2.22 Bn | 426.00 Mn | 23.03% |
| 9 | Seaboard | 3.78 Bn | -1.04 Bn | 221.00 Mn | 7.56% |
| 10 | Scotts Miracle-Gro | 2.92 Bn | 2.84 Bn | 365.90 Mn | 31.22% |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 31.22% |
| Mar 28, 2026 | 41.83% |
| Dec 27, 2025 | 25.03% |
| Sep 30, 2025 | 8.22% |
| Jun 28, 2025 | 32.15% |
| Mar 29, 2025 | 39.01% |
| Dec 28, 2024 | 24.14% |
| Sep 30, 2024 | -7.11% |
| Jun 29, 2024 | 29.45% |
| Mar 30, 2024 | 30.40% |
| Dec 30, 2023 | 15.16% |
| Sep 30, 2023 | -15.22% |
| Jul 1, 2023 | 18.41% |
| Apr 1, 2023 | 26.95% |
| Dec 31, 2022 | 18.17% |
| Sep 30, 2022 | -14.34% |
| Jul 2, 2022 | 19.95% |
| Apr 2, 2022 | 35.06% |
| Jan 1, 2022 | 20.97% |
| Sep 30, 2021 | 17.10% |
Scotts Miracle-Gro Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SMG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SMG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();