Scotts Net Income from 2010 to 2024

SMG Stock  USD 75.80  2.00  2.57%   
Scotts Miracle's Net Loss is decreasing over the last several years with stable swings. Net Loss is estimated to finish at about -33.2 M this year. During the period from 2010 to 2024 Scotts Miracle Gro Net Loss regressed destribution of quarterly values had mean deviationof  199,867,022 and mean square error of 72606.9 T. View All Fundamentals
 
Net Loss  
First Reported
1989-12-31
Previous Quarter
132.1 M
Current Value
-244 M
Quarterly Volatility
111.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Scotts Miracle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Scotts Miracle's main balance sheet or income statement drivers, such as Depreciation And Amortization of 67 M, Total Revenue of 2.5 B or Gross Profit of 845.1 M, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0257 or Days Sales Outstanding of 17.26. Scotts financial statements analysis is a perfect complement when working with Scotts Miracle Valuation or Volatility modules.
  
Check out the analysis of Scotts Miracle Correlation against competitors.

Latest Scotts Miracle's Net Income Growth Pattern

Below is the plot of the Net Income of Scotts Miracle Gro over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Scotts Miracle Gro financial statement analysis. It represents the amount of money remaining after all of Scotts Miracle Gro operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Scotts Miracle's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Scotts Miracle's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (34.9 M)10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

Scotts Net Income Regression Statistics

Arithmetic Mean110,949,667
Coefficient Of Variation243.69
Mean Deviation199,867,022
Median159,800,000
Standard Deviation270,375,087
Sample Variance73102.7T
Range950M
R-Value(0.28)
Mean Square Error72606.9T
R-Squared0.08
Significance0.31
Slope(16,855,304)
Total Sum of Squares1023437.6T

Scotts Net Income History

2024-33.2 M
2023-34.9 M
2022-380.1 M
2021-437.5 M
2020512.5 M
2019387.4 M
2018460.7 M

Other Fundumenentals of Scotts Miracle Gro

Scotts Miracle Net Income component correlations

About Scotts Miracle Financial Statements

Scotts Miracle stakeholders use historical fundamental indicators, such as Scotts Miracle's Net Income, to determine how well the company is positioned to perform in the future. Although Scotts Miracle investors may analyze each financial statement separately, they are all interrelated. For example, changes in Scotts Miracle's assets and liabilities are reflected in the revenues and expenses on Scotts Miracle's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Scotts Miracle Gro. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-34.9 M-33.2 M
Net Loss-437.1 M-415.3 M
Net Loss-342.1 M-325 M
Net Loss(0.61)(0.58)
Net Income Per E B T 1.48  1.55 

Currently Active Assets on Macroaxis

When determining whether Scotts Miracle Gro is a strong investment it is important to analyze Scotts Miracle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Scotts Miracle's future performance. For an informed investment choice regarding Scotts Stock, refer to the following important reports:
Check out the analysis of Scotts Miracle Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Fertilizers & Agricultural Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Scotts Miracle. If investors know Scotts will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Scotts Miracle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.961
Dividend Share
2.64
Earnings Share
(0.61)
Revenue Per Share
62.548
Quarterly Revenue Growth
0.107
The market value of Scotts Miracle Gro is measured differently than its book value, which is the value of Scotts that is recorded on the company's balance sheet. Investors also form their own opinion of Scotts Miracle's value that differs from its market value or its book value, called intrinsic value, which is Scotts Miracle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Scotts Miracle's market value can be influenced by many factors that don't directly affect Scotts Miracle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Scotts Miracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scotts Miracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotts Miracle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.