Scotts Miracle-Gro (SMG) Tax Rate (2009 - 2026)
Scotts Miracle-Gro's Tax Rate was 33.25% in fiscal Q3 2026 (quarter ended Jun 27, 2026), up 5.54 percentage points from 27.71% a year earlier and up 5.40 percentage points from the prior quarter.
Scotts Miracle-Gro (SMG) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Scotts Miracle-Gro's Tax Rate was 37.89% through Jun 27, 2026, down 6.25 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 34.51%, up 82.39 percentage points from FY2024.
- Tax Rate shows a five-year change of +10.28 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Tax Rate was -47.88% in FY2024 (-64.03 pp), 16.15% in FY2023 (-5.46 pp), 21.61% in FY2022 (-1.99 pp) and 23.60% in FY2021 (-0.63 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Tax Rate since fiscal Q1 2018.
- Compared with a year earlier, Tax Rate was higher in two of the last eight quarters, with an average year-over-year change of +0.54 percentage points.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q3 2024 (a gain of 11.85 percentage points); the worst was fiscal Q3 2023 (a drop of 7.07 percentage points).
- Per Business Quant data, SMG's Tax Rate in the three fiscal quarters before Q3 2026 was 27.84% (Q2 2026), 24.49% (Q1 2026) and 20.83% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.78 Bn | 35.07 Bn | 1.94 Bn | 16.18% |
| 2 | Bunge Global | 20.50 Bn | 18.00 Bn | 1.68 Bn | 25.03% |
| 3 | Tyson Foods | 18.25 Bn | 14.61 Bn | 921.00 Mn | 30.08% |
| 4 | Jbs | 12.94 Bn | -20.17 Bn | 2.59 Bn | - |
| 5 | Darling Ingredients | 9.93 Bn | 9.53 Bn | 503.37 Mn | 22.13% |
| 6 | Smithfield Foods | 7.43 Bn | 2.38 Bn | 478.00 Mn | 21.40% |
| 7 | Pilgrims Pride | 6.55 Bn | 4.38 Bn | 339.75 Mn | 39.34% |
| 8 | Ingredion | 6.02 Bn | 2.19 Bn | 426.00 Mn | 33.71% |
| 9 | Seaboard | 3.87 Bn | -946.73 Mn | 221.00 Mn | 25.24% |
| 10 | Scotts Miracle-Gro | 2.85 Bn | 2.78 Bn | 365.90 Mn | 33.25% |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 33.25% |
| Mar 28, 2026 | 27.84% |
| Jun 28, 2025 | 27.71% |
| Mar 29, 2025 | 27.88% |
| Jun 29, 2024 | 27.81% |
| Mar 30, 2024 | 28.34% |
| Jul 1, 2023 | 15.96% |
| Apr 1, 2023 | 26.97% |
| Apr 2, 2022 | 22.11% |
| Jul 3, 2021 | 24.13% |
| Apr 3, 2021 | 23.03% |
| Jan 2, 2021 | 23.87% |
| Sep 30, 2020 | 29.31% |
| Jun 27, 2020 | 23.22% |
| Mar 28, 2020 | 25.16% |
| Jun 29, 2019 | 25.02% |
| Mar 30, 2019 | 24.17% |
| Jun 30, 2018 | 24.49% |
| Mar 31, 2018 | 24.41% |
| Jul 1, 2017 | 34.72% |
Scotts Miracle-Gro Tax Rate 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=tax-rate&ticker=SMG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=SMG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();