SMG Scotts Miracle-Gro margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 42

Gross margin

32.3%

Operating margin

11.8%

EBITDA margin

10.6%

Net margin

2.2%

Recent Scotts Miracle-Gro shows a gross margin of 32.3%, an operating margin of 11.8%, an EBITDA margin of 10.6%, and a net margin of 2.2%. All reported margins improved year over year, led by gross margin with an increase of 3.1 percentage points.

SMG margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Scotts Miracle-Gro's margins averaged 26.76% gross, 6.3% operating, 6.06% EBITDA, and -1.41% net. All four current margins are above their three-year averages.

SMG margin expansion

Year-over-year margin changes in percentage points

All available margins expanded year over year, led by gross margin with an increase of 3.1 percentage points.

Gross margin expansion

3.1pp

Operating margin expansion

2.5pp

EBITDA margin expansion

1.1pp

Net margin expansion

0.6pp

SMG Gross margin

Across the last 3 years, Scotts Miracle-Gro's gross margin averaged 26.76%. The current gross margin stands at 32.3%, 5.5 percentage points above its three-year average. Gross margin was highest at 32.6% in Mar 2026 and lowest at 18.2% in Dec 2023.

SMG Operating margin

Throughout the last 3 years, Scotts Miracle-Gro had an average operating margin of 6.3%. The current operating margin stands at 11.8%, 5.5 percentage points above its three-year average. Looking back over the last 3 years, Scotts Miracle-Gro's operating margin reached 13.4% at its highest point in Mar 2026 and -5.2% at its lowest in Dec 2023.

SMG EBITDA margin

The average EBITDA margin for Scotts Miracle-Gro was 6.06% during the last 3 years. As of the latest period, the current EBITDA margin for Scotts Miracle-Gro is 10.6%, 4.5 percentage points above its three-year average. The EBITDA margin for Scotts Miracle-Gro moved between -6% in Dec 2023 and 12.5% in Sep 2025.

SMG Net margin

Over the last 3 years, the average net margin for Scotts Miracle-Gro was -1.41%. The latest net margin for Scotts Miracle-Gro is 2.2%, 3.6 percentage points above its three-year average. Scotts Miracle-Gro's net margin ranged from a low of -11.5% in Dec 2023 to a high of 4.3% in Sep 2025.

SMG margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 32.3%, SMG stands above the Basic Materials sector and the industry average. But in comparison with its Basic Materials sector average of 32.1%, Scotts Miracle-Gro's gross margin is only 0.6% higher.

SMG margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Scotts Miracle-Gro's gross margin?

For the period ending Jun 27, 2026, SMG recorded a gross margin of 32.3%.

What is Scotts Miracle-Gro's operating margin?

The current operating margin for SMG is 11.8% as of Jun 27, 2026.

What is Scotts Miracle-Gro's EBITDA margin?

The current EBITDA margin for SMG is 10.6% as of Jun 27, 2026.

What is Scotts Miracle-Gro's net margin?

As of Jun 27, 2026, SMG has a net margin of 2.2%.

What are the average margins of SMG?

The three-year average margins for SMG were 26.8% gross, 6.3% operating, 6.1% EBITDA, and -1.4% net.

What are the highest historical margins of SMG?

Over the last 5 years, Scotts Miracle-Gro's highest margins were 32.6% gross in Mar 2026, 13.8% operating in Jan 2022, 16% EBITDA in Jan 2022, and 9.2% net in Jan 2022.

What are the lowest historical margins of SMG?

Over this 5-year history, Scotts Miracle-Gro's margins fell as low as 17.5% gross in Jul 2023, -16.6% operating in Apr 2023, -14.3% EBITDA in Apr 2023, and -16.6% net in Apr 2023.