Scotts Miracle-Gro (SMG) Tax Rate (2009 - 2026)
Scotts Miracle-Gro's (SMG) quarterly Tax Rate came in at 33.25% in Q2 2026, up 554.0% year-over-year from 5.08% in Q2 2025, and up 19.41% quarter-over-quarter from 27.84% in Q1 2026.
Analysis
Scotts Miracle-Gro (SMG) Tax Rate (2009 - 2026) Analysis & Trends
Scotts Miracle-Gro has disclosed Tax Rate across 18 years of filings, most recently posting 33.25% for Q2 2026.
- In Q2 2026, Tax Rate rose 554.0% year-over-year to 33.25%; the TTM figure through Jun 2026 stood at 37.89% (down 625.0% YoY), while the FY2025 annual figure was 34.51%, up 8239.0% from the prior year.
- Tax Rate came in at 33.25% for Q2 2026 at Scotts Miracle-Gro, up from 27.84% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 33.25% in Q2 2026 to a low of 15.96% in Q3 2023.
- Average Tax Rate over 5 years is 24.97%, with a median of 26.97% recorded in 2023.
- Year-over-year, Tax Rate plunged 707 bps in 2023 and surged 1185 bps in 2024.
- Over 5 years, Tax Rate stood at 31.39% in 2022, then declined by 6 bps to 29.51% in 2023, then decreased by 8 bps to 27.28% in 2024, then retreated by 10 bps to 24.49% in 2025, then surged by 36 bps to 33.25% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 33.25% in Q2 2026, 27.84% in Q1 2026, and 24.49% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 42.12 Bn | 32.54 Bn | 1.94 Bn | 16.18% |
| 2 | Bunge Global | 24.14 Bn | 23.51 Bn | 1.68 Bn | 25.03% |
| 3 | Darling Ingredients | 10.51 Bn | 10.35 Bn | 503.37 Mn | 22.13% |
| 4 | Ingredion | 6.40 Bn | 5.45 Bn | 426.00 Mn | 33.71% |
| 5 | Scotts Miracle-Gro | 3.27 Bn | 3.24 Bn | 365.90 Mn | 33.25% |
| 6 | Andersons | 2.45 Bn | 2.38 Bn | 223.73 Mn | 19.88% |
| 7 | Del Monte | 1.51 Bn | 1.47 Bn | 121.30 Mn | 22.10% |
| 8 | Dole | 1.29 Bn | 999.02 Mn | 195.30 Mn | 36.19% |
| 9 | Adecoagro | 1.26 Bn | 930.35 Mn | 167.30 Mn | -27.17% |
| 10 | Universal | 1.14 Bn | 861.60 Mn | 83.09 Mn | 35.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 33.25% |
| Mar 28, 2026 | 27.84% |
| Dec 27, 2025 | 24.49% |
| Sep 30, 2025 | 20.83% |
| Jun 28, 2025 | 27.71% |
| Mar 29, 2025 | 27.88% |
| Dec 28, 2024 | 27.28% |
| Sep 30, 2024 | 21.84% |
| Jun 29, 2024 | 27.81% |
| Mar 30, 2024 | 28.34% |
| Dec 30, 2023 | 29.51% |
| Sep 30, 2023 | 16.45% |
| Jul 1, 2023 | 15.96% |
| Apr 1, 2023 | 26.97% |
| Dec 31, 2022 | 31.39% |
| Sep 30, 2022 | 19.00% |
| Jul 2, 2022 | 23.03% |
| Apr 2, 2022 | 22.11% |
| Jan 1, 2022 | 22.72% |
| Sep 30, 2021 | 22.82% |