Scotts Historical Income Statement

SMG Stock  USD 56.73  1.75  2.99%   
Historical analysis of Scotts Miracle income statement accounts such as Operating Income of 252.3 M, Ebit of 230.5 M, EBITDA of 297.6 M or Cost Of Revenue of 1.6 B can show how well Scotts Miracle Gro performed in making a profits. Evaluating Scotts Miracle income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Scotts Miracle's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Scotts Miracle Gro latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Scotts Miracle Gro is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scotts Miracle Gro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

About Scotts Income Statement Analysis

Scotts Miracle Gro Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Scotts Miracle shareholders. The income statement also shows Scotts investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Scotts Miracle Income Statement Chart

At this time, Scotts Miracle's EBITDA is most likely to decrease significantly in the upcoming years. The Scotts Miracle's current Interest Expense is estimated to increase to about 191.8 M, while Total Revenue is projected to decrease to roughly 2.5 B.

Total Revenue

Total revenue comprises all receipts Scotts Miracle Gro generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Scotts Miracle Gro minus its cost of goods sold. It is profit before Scotts Miracle operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Scotts Miracle Gro. It is also known as Scotts Miracle overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Scotts Miracle Gro income statement and represents the costs associated with goods and services Scotts Miracle provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Scotts Miracle's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Scotts Miracle Gro current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scotts Miracle Gro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, Scotts Miracle's EBITDA is most likely to decrease significantly in the upcoming years. The Scotts Miracle's current Interest Expense is estimated to increase to about 191.8 M, while Total Revenue is projected to decrease to roughly 2.5 B.
 2022 2023 2024 2025 (projected)
Total Revenue3.6B3.6B4.1B2.5B
Depreciation And Amortization173.5M80.6M92.7M67.0M

Scotts Miracle income statement Correlations

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0.670.790.990.420.160.240.980.790.12-0.340.110.110.460.480.30.14-0.040.25-0.330.31-0.060.25-0.320.52
0.270.790.710.780.630.670.640.910.620.150.610.610.040.730.510.180.46-0.26-0.180.460.44-0.190.20.2
0.730.990.710.310.040.120.990.75-0.01-0.42-0.01-0.010.530.440.280.12-0.160.35-0.360.26-0.170.33-0.410.55
-0.130.420.780.310.830.840.260.510.830.430.840.79-0.240.40.280.140.76-0.510.170.460.73-0.420.440.09
-0.280.160.630.040.830.99-0.010.350.970.40.970.9-0.310.340.140.190.94-0.620.080.470.88-0.390.48-0.24
-0.180.240.670.120.840.990.060.40.960.350.960.89-0.250.360.150.160.92-0.590.050.470.85-0.360.43-0.2
0.750.980.640.990.26-0.010.060.67-0.07-0.47-0.07-0.080.570.350.20.11-0.210.4-0.350.22-0.230.38-0.470.58
0.40.790.910.750.510.350.40.670.350.00.330.390.180.860.670.160.15-0.07-0.280.390.17-0.040.040.21
-0.320.120.62-0.010.830.970.96-0.070.350.571.00.97-0.470.350.190.230.97-0.760.230.510.95-0.550.61-0.35
-0.61-0.340.15-0.420.430.40.35-0.470.00.570.570.6-0.880.120.320.180.6-0.860.470.260.67-0.910.94-0.5
-0.330.110.61-0.010.840.970.96-0.070.331.00.570.96-0.460.320.170.220.97-0.750.250.510.95-0.550.61-0.33
-0.290.110.61-0.010.790.90.89-0.080.390.970.60.96-0.450.390.240.270.91-0.740.380.410.97-0.550.6-0.41
0.630.460.040.53-0.24-0.31-0.250.570.18-0.47-0.88-0.46-0.450.02-0.05-0.05-0.560.89-0.36-0.28-0.550.92-0.920.59
0.080.480.730.440.40.340.360.350.860.350.120.320.390.020.640.270.2-0.12-0.150.440.23-0.070.160.15
0.040.30.510.280.280.140.150.20.670.190.320.170.24-0.050.640.240.05-0.18-0.30.270.09-0.220.280.0
-0.290.140.180.120.140.190.160.110.160.230.180.220.27-0.050.270.240.26-0.030.120.310.320.10.060.0
-0.45-0.040.46-0.160.760.940.92-0.210.150.970.60.970.91-0.560.20.050.26-0.780.260.510.95-0.570.65-0.37
0.430.25-0.260.35-0.51-0.62-0.590.4-0.07-0.76-0.86-0.75-0.740.89-0.12-0.18-0.03-0.78-0.31-0.39-0.790.93-0.910.58
-0.33-0.33-0.18-0.360.170.080.05-0.35-0.280.230.470.250.38-0.36-0.15-0.30.120.26-0.31-0.050.47-0.320.29-0.26
-0.050.310.460.260.460.470.470.220.390.510.260.510.41-0.280.440.270.310.51-0.39-0.050.39-0.250.240.08
-0.43-0.060.44-0.170.730.880.85-0.230.170.950.670.950.97-0.550.230.090.320.95-0.790.470.39-0.590.65-0.45
0.410.25-0.190.33-0.42-0.39-0.360.38-0.04-0.55-0.91-0.55-0.550.92-0.07-0.220.1-0.570.93-0.32-0.25-0.59-0.950.51
-0.61-0.320.2-0.410.440.480.43-0.470.040.610.940.610.6-0.920.160.280.060.65-0.910.290.240.65-0.95-0.54
0.50.520.20.550.09-0.24-0.20.580.21-0.35-0.5-0.33-0.410.590.150.00.0-0.370.58-0.260.08-0.450.51-0.54
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Scotts Miracle Account Relationship Matchups

Scotts Miracle income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization93.8M105.2M173.5M80.6M92.7M67.0M
Total Revenue4.9B3.9B3.6B3.6B4.1B2.5B
Gross Profit1.5B872.9M657.3M850.5M978.1M845.1M
Other Operating Expenses4.2B3.7B3.4B3.3B3.8B2.2B
Operating Income723M253.1M(174.4M)208.8M240.1M252.3M
Ebit752M(442.1M)(347.9M)135.2M155.5M230.5M
Ebitda845.8M(336.9M)(174.4M)215.8M248.2M297.6M
Cost Of Revenue3.5B3.1B2.9B2.7B3.1B1.6B
Total Operating Expenses741.7M613.8M551.2M559M642.9M576.9M
Income Before Tax677.1M(558.1M)(453.3M)(23.6M)(27.1M)(25.8M)
Total Other Income Expense Net(45.9M)(124.1M)(278.9M)(232.4M)(209.2M)(198.7M)
Net Income512.5M(437.5M)(380.1M)(34.9M)(40.1M)(38.1M)
Income Tax Expense159.8M(120.6M)(73.2M)11.3M13.0M12.3M
Interest Expense78.9M118.1M178.1M158.8M182.6M191.8M
Selling General Administrative503.3M416.4M369.3M369.5M424.9M515.8M
Research Development45.4M45.3M35.7M34.6M39.8M44.6M
Net Income Applicable To Common Shares387.4M512.5M(437.5M)(380.1M)(437.1M)(415.3M)
Net Income From Continuing Ops517.3M(437.5M)(380.1M)(34.9M)(31.4M)(29.8M)
Tax Provision159.8M(120.6M)(73.2M)11.3M10.2M9.7M
Interest Income79.6M64.5M131M279.2M321.1M337.1M
Net Interest Income(78.9M)(118.1M)(178.1M)(158.8M)(142.9M)(150.1M)
Reconciled Depreciation93.8M105.2M92.5M80.6M92.7M98.9M

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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Scotts Miracle Gro. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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
(0.41)
Revenue Per Share
62.495
Quarterly Revenue Growth
0.016
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.