Scotts Miracle-Gro (SMG) Tax Rate (2009 - 2026)
Scotts Miracle-Gro (SMG) posted Tax Rate of 27.84% for Q1 2026, up 13.71% sequentially from 24.49% in Q4 2025, and down 3.0% YoY from 28.7% in Q1 2025.
Scotts Miracle-Gro (SMG) Tax Rate (2009 - 2026) Analysis & Trends
Scotts Miracle-Gro has reported Tax Rate for 18 years, with the latest figure at 27.84% in Q1 2026.
- Quarterly Tax Rate fell 3.0% year-over-year to 27.84% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 33.18% (down 1711.0% YoY) and the FY2025 annual result came in at 34.51%, up 8239.0% from the prior year.
- Tax Rate improved to 27.84% in Q1 2026 per SMG's latest filing, from 24.49% in the prior quarter.
- Over five years, Tax Rate peaked at 31.39% in Q4 2022 and troughed at 15.96% in Q3 2023.
- A 5-year average of 24.5% and a median of 25.73% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate sank 707 bps in 2023, then soared 1185 bps in 2024.
- Over 5 years, Tax Rate stood at 31.39% in 2022, then retreated by 6 bps to 29.51% in 2023, then dropped by 8 bps to 27.28% in 2024, then slipped by 10 bps to 24.49% in 2025, then increased by 14 bps to 27.84% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 27.84%, 24.49%, and 20.3% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Corteva | 54.71 Bn | 52.34 Bn | 3.66 Bn | 25.11% |
| 2 | Nutrien | 36.21 Bn | 35.29 Bn | 3.25 Bn | 21.50% |
| 3 | CF Industries Holdings | 20.07 Bn | 17.59 Bn | 1.15 Bn | 20.49% |
| 4 | Mosaic | 7.82 Bn | 7.52 Bn | 214.70 Mn | 11.23% |
| 5 | Icl | 7.51 Bn | 6.84 Bn | 664.00 Mn | 27.07% |
| 6 | Scotts Miracle-Gro | 3.55 Bn | 3.52 Bn | 365.90 Mn | 33.25% |
| 7 | Fmc | 1.39 Bn | 913.50 Mn | 342.10 Mn | 0.77% |
| 8 | Cvr Partners | 1.33 Bn | 1.19 Bn | 93.22 Mn | - |
| 9 | Intrepid Potash | 514.87 Mn | 329.87 Mn | 16.65 Mn | 2.32% |
| 10 | American Vanguard | 67.18 Mn | 23.28 Mn | 34.71 Mn | -4.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 33.25% |
| Jun 27, 2026 | 33.25% |
| Jun 27, 2026 | 33.25% |
| Mar 28, 2026 | 27.84% |
| Mar 28, 2026 | 27.84% |
| Mar 28, 2026 | 27.84% |
| Dec 27, 2025 | 24.49% |
| Dec 27, 2025 | 24.49% |
| Dec 27, 2025 | 24.49% |
| Sep 30, 2025 | 20.30% |
| Sep 30, 2025 | 20.30% |
| Sep 30, 2025 | 20.30% |
| Jun 28, 2025 | 28.08% |
| Jun 28, 2025 | 28.08% |
| Jun 28, 2025 | 28.08% |
| Mar 29, 2025 | 27.88% |
| Mar 29, 2025 | 27.88% |
| Mar 29, 2025 | 27.88% |
| Dec 28, 2024 | 27.28% |
| Dec 28, 2024 | 27.28% |