Scotts Miracle-Gro (SMG) Return on Equity [ROE] (2010 - 2023)
Scotts Miracle-Gro's Return on Equity [ROE] was -96.66% in fiscal Q3 2023 (quarter ended Jul 1, 2023), down 56.46 percentage points from -40.20% a year earlier but up 531.97 percentage points from the prior quarter.
Scotts Miracle-Gro (SMG) Return on Equity [ROE] (2010 - 2023) Analysis & Trends
For FY2022 (ended Sep 30, 2022), Return on Equity [ROE] at Scotts Miracle-Gro came in at -75.37%, down 135.20 percentage points from FY2021.
- Return on Equity [ROE] shows a five-year change of -106.71 percentage points (FY2017 to FY2022).
- In earlier fiscal years, Return on Equity [ROE] was 59.83% in FY2021 (+5.33 pp), 54.50% in FY2020 (-30.50 pp), 85.00% in FY2019 (+72.53 pp) and 12.47% in FY2018 (-18.87 pp).
- Quarterly Return on Equity [ROE] has moved between -628.63% (fiscal Q2 2023) and 70.21% (fiscal Q1 2021) over five years.
- Compared with a year earlier, Return on Equity [ROE] has declined for seven straight quarters, with an average year-over-year change of -194.88 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was fiscal Q1 2020 (a gain of 67.60 percentage points); the worst was fiscal Q2 2023 (a drop of 671.78 percentage points).
- Per Business Quant data, SMG's Return on Equity [ROE] in the three fiscal quarters before Q3 2023 was -628.63% (Q2 2023), -436.39% (Q1 2023) and -159.81% (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.27 Bn | 34.56 Bn | 1.94 Bn | 7.67% |
| 2 | Bunge Global | 20.55 Bn | 18.06 Bn | 1.68 Bn | 6.05% |
| 3 | Tyson Foods | 17.78 Bn | 14.14 Bn | 921.00 Mn | 3.29% |
| 4 | Jbs | 12.53 Bn | -20.58 Bn | 2.59 Bn | 14.17% |
| 5 | Darling Ingredients | 9.59 Bn | 9.18 Bn | 503.37 Mn | 10.96% |
| 6 | Smithfield Foods | 7.37 Bn | 2.32 Bn | 478.00 Mn | 15.45% |
| 7 | Pilgrims Pride | 6.43 Bn | 4.26 Bn | 339.75 Mn | 14.55% |
| 8 | Ingredion | 6.05 Bn | 2.22 Bn | 426.00 Mn | 13.42% |
| 9 | Seaboard | 3.78 Bn | -1.04 Bn | 221.00 Mn | 11.76% |
| 10 | Scotts Miracle-Gro | 2.92 Bn | 2.84 Bn | 365.90 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 1, 2023 | -96.66% |
| Apr 1, 2023 | -628.63% |
| Dec 31, 2022 | -436.39% |
| Sep 30, 2022 | -159.81% |
| Jul 2, 2022 | -40.20% |
| Apr 2, 2022 | 43.15% |
| Jan 1, 2022 | 45.91% |
| Sep 30, 2021 | 48.08% |
| Jul 3, 2021 | 54.82% |
| Apr 3, 2021 | 67.03% |
| Jan 2, 2021 | 70.21% |
| Sep 30, 2020 | 45.54% |
| Jun 27, 2020 | 36.29% |
| Mar 28, 2020 | 45.59% |
| Dec 28, 2019 | 69.29% |
| Sep 30, 2019 | 60.22% |
| Jun 29, 2019 | 52.04% |
| Mar 30, 2019 | 57.72% |
| Dec 29, 2018 | 1.70% |
| Sep 30, 2018 | 14.30% |
Scotts Miracle-Gro Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=SMG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=SMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();