Scotts Miracle-Gro (SMG) Gross Margin (2009 - 2026)
Scotts Miracle-Gro's (SMG) quarterly Gross Margin came in at 31.22% in Q2 2026, down 93.0% year-over-year from 445.96% in Q2 2025, and down 25.37% quarter-over-quarter from 41.83% in Q1 2026.
Analysis
Scotts Miracle-Gro (SMG) Gross Margin (2009 - 2026) Analysis & Trends
Scotts Miracle-Gro has disclosed Gross Margin across 18 years of filings, most recently posting 31.22% for Q2 2026.
- In Q2 2026, Gross Margin fell 93.0% year-over-year to 31.22%; the TTM figure through Jun 2026 stood at 31.75% (up 251.0% YoY), while the FY2025 annual figure was 30.59%, up 665.0% from the prior year.
- Gross Margin came in at 31.22% for Q2 2026 at Scotts Miracle-Gro, down from 41.83% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 41.83% in Q1 2026 to a low of 15.22% in Q3 2023.
- Average Gross Margin over 5 years is 19.97%, with a median of 24.14% recorded in 2024.
- Year-over-year, Gross Margin slumped 3145 bps in 2022 and soared 1534 bps in 2025.
- Over 5 years, Gross Margin stood at 18.17% in 2022, then retreated by 17 bps to 15.16% in 2023, then jumped by 59 bps to 24.14% in 2024, then climbed by 4 bps to 25.03% in 2025, then increased by 25 bps to 31.22% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 31.22% in Q2 2026, 41.83% in Q1 2026, and 25.03% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 40.78 Bn | 31.49 Bn | 1.94 Bn | 8.53% |
| 2 | Bunge Global | 22.80 Bn | 23.56 Bn | 1.68 Bn | 6.99% |
| 3 | Darling Ingredients | 10.29 Bn | 10.19 Bn | 503.37 Mn | 29.20% |
| 4 | Ingredion | 6.39 Bn | 5.44 Bn | 426.00 Mn | 23.03% |
| 5 | Scotts Miracle-Gro | 3.46 Bn | 3.43 Bn | 365.90 Mn | 31.22% |
| 6 | Andersons | 2.35 Bn | 2.33 Bn | 223.73 Mn | 7.22% |
| 7 | Del Monte | 1.51 Bn | 1.49 Bn | 121.30 Mn | 9.95% |
| 8 | Dole | 1.32 Bn | 1.14 Bn | 195.30 Mn | 7.81% |
| 9 | Adecoagro | 1.20 Bn | 1.01 Bn | 167.30 Mn | 31.50% |
| 10 | Universal | 1.14 Bn | 892.75 Mn | 83.09 Mn | 15.86% |
Historic Data
Download Data
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% |