Scotts Miracle-Gro (SMG) Gross Margin (2009 - 2026)
Scotts Miracle-Gro (SMG) posted Gross Margin of 41.83% for Q1 2026, up 67.13% sequentially from 25.03% in Q4 2025, and up 282.0% YoY from 10.95% in Q1 2025.
Scotts Miracle-Gro (SMG) Gross Margin (2009 - 2026) Analysis & Trends
Scotts Miracle-Gro has reported Gross Margin for 18 years, with the latest figure at 41.83% in Q1 2026.
- Quarterly Gross Margin rose 282.0% year-over-year to 41.83% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 32.48% (up 416.0% YoY) and the FY2025 annual result came in at 30.59%, up 665.0% from the prior year.
- Gross Margin climbed to 41.83% in Q1 2026 per SMG's latest filing, from 25.03% in the prior quarter.
- Over five years, Gross Margin peaked at 41.83% in Q1 2026 and troughed at 15.22% in Q3 2023.
- A 5-year average of 19.21% and a median of 22.56% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2025: Gross Margin tumbled 3145 bps in 2022, then surged 1318 bps in 2025.
- Over 5 years, Gross Margin stood at 18.17% in 2022, then slipped by 17 bps to 15.16% in 2023, then soared by 59 bps to 24.14% in 2024, then increased by 4 bps to 25.03% in 2025, then soared by 67 bps to 41.83% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 41.83%, 25.03%, and 6.07% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Corteva | 53.21 Bn | 50.85 Bn | 3.66 Bn | 57.39% |
| 2 | Nutrien | 35.18 Bn | 34.26 Bn | 3.25 Bn | 30.07% |
| 3 | CF Industries Holdings | 19.31 Bn | 16.83 Bn | 1.15 Bn | 51.53% |
| 4 | Mosaic | 7.45 Bn | 7.15 Bn | 214.70 Mn | 7.60% |
| 5 | Icl | 7.12 Bn | 6.46 Bn | 664.00 Mn | 31.10% |
| 6 | Scotts Miracle-Gro | 3.55 Bn | 3.52 Bn | 365.90 Mn | 31.22% |
| 7 | Fmc | 1.37 Bn | 889.05 Mn | 342.10 Mn | 39.45% |
| 8 | Cvr Partners | 1.32 Bn | 1.18 Bn | 93.22 Mn | 46.10% |
| 9 | Intrepid Potash | 506.09 Mn | 321.10 Mn | 16.65 Mn | 24.97% |
| 10 | Verde Resources | 65.15 Mn | 63.01 Mn | 163,912.00 | 35.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 31.22% |
| Mar 28, 2026 | 41.83% |
| Dec 27, 2025 | 25.03% |
| Sep 30, 2025 | 6.07% |
| Jun 28, 2025 | 31.82% |
| 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% |