Scotts Historical Income Statement

SMG Stock  USD 68.58  0.69  1.02%   
Historical analysis of Scotts Miracle income statement accounts such as EBIT of 5.8 M, Ebitda of 106.8 M, Cost Of Revenue of 3.5 B or Total Operating Expenses of 575.8 M 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 tightly coupled 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

Scotts Miracle Gro Income Statement is one of the three primary financial statements used for reporting Scotts's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Scotts Miracle Gro revenue and expense. Scotts Miracle Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Scotts Miracle's Interest Expense is most likely to increase significantly in the upcoming years. The Scotts Miracle's current Selling General Administrative is estimated to increase to about 535.3 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.
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 tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, Scotts Miracle's Interest Expense is most likely to increase significantly in the upcoming years. The Scotts Miracle's current Selling General Administrative is estimated to increase to about 535.3 M, while Total Revenue is projected to decrease to roughly 2.5 B.
 2021 2022 2023 2024 (projected)
Total Revenue3.9B3.6B4.1B2.5B
Depreciation And Amortization105.2M92.5M106.4M65.2M

Scotts Miracle income statement Correlations

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0.960.740.990.310.450.530.820.80.08-0.340.080.080.410.30.480.12-0.040.22-0.320.33-0.04-0.060.22-0.39-0.31
0.680.740.640.710.770.810.480.880.60.20.590.61-0.050.550.610.210.47-0.33-0.160.480.010.46-0.28-0.070.26
0.950.990.640.180.320.410.840.76-0.06-0.43-0.06-0.050.490.270.450.08-0.180.33-0.350.27-0.06-0.190.32-0.42-0.42
0.310.310.710.180.960.93-0.110.40.890.430.90.85-0.560.160.250.140.83-0.760.20.480.210.8-0.740.250.66
0.480.450.770.320.960.990.080.450.840.330.840.77-0.370.120.220.080.79-0.630.030.510.350.71-0.560.010.48
0.570.530.810.410.930.990.180.510.790.270.80.73-0.280.130.260.080.73-0.55-0.020.510.350.65-0.48-0.060.41
0.810.820.480.84-0.110.080.180.61-0.32-0.57-0.32-0.30.790.240.420.08-0.410.64-0.370.13-0.1-0.410.66-0.54-0.67
0.680.80.880.760.40.450.510.610.28-0.010.270.330.190.720.740.120.12-0.05-0.290.39-0.090.15-0.02-0.090.01
0.060.080.6-0.060.890.840.79-0.320.280.781.00.97-0.670.210.120.260.98-0.920.230.510.180.96-0.780.360.76
-0.38-0.340.2-0.430.430.330.27-0.57-0.010.780.770.8-0.630.18-0.040.350.81-0.830.310.280.010.85-0.620.520.69
0.060.080.59-0.060.90.840.8-0.320.271.00.770.97-0.670.180.10.250.98-0.920.260.510.190.96-0.780.370.75
0.030.080.61-0.050.850.770.73-0.30.330.970.80.97-0.630.270.170.310.93-0.890.370.430.040.97-0.750.50.73
0.460.41-0.050.49-0.56-0.37-0.280.790.19-0.67-0.63-0.67-0.63-0.050.15-0.22-0.720.88-0.34-0.260.07-0.680.93-0.51-0.92
0.10.30.550.270.160.120.130.240.720.210.180.180.27-0.050.540.290.11-0.14-0.120.37-0.320.16-0.10.140.21
0.410.480.610.450.250.220.260.420.740.12-0.040.10.170.150.540.02-0.02-0.01-0.370.23-0.050.01-0.070.040.11
-0.040.120.210.080.140.080.080.080.120.260.350.250.31-0.220.290.020.32-0.210.290.44-0.640.39-0.080.190.2
-0.05-0.040.47-0.180.830.790.73-0.410.120.980.810.980.93-0.720.11-0.020.32-0.930.260.520.20.96-0.760.340.77
0.250.22-0.330.33-0.76-0.63-0.550.64-0.05-0.92-0.83-0.92-0.890.88-0.14-0.01-0.21-0.93-0.29-0.37-0.12-0.910.92-0.5-0.91
-0.38-0.32-0.16-0.350.20.03-0.02-0.37-0.290.230.310.260.37-0.34-0.12-0.370.290.26-0.29-0.07-0.440.46-0.310.820.27
0.220.330.480.270.480.510.510.130.390.510.280.510.43-0.260.370.230.440.52-0.37-0.070.090.41-0.210.040.22
0.13-0.040.01-0.060.210.350.35-0.1-0.090.180.010.190.040.07-0.32-0.05-0.640.2-0.12-0.440.090.02-0.02-0.38-0.04
-0.1-0.060.46-0.190.80.710.65-0.410.150.960.850.960.97-0.680.160.010.390.96-0.910.460.410.02-0.750.530.75
0.240.22-0.280.32-0.74-0.56-0.480.66-0.02-0.78-0.62-0.78-0.750.93-0.1-0.07-0.08-0.760.92-0.31-0.21-0.02-0.75-0.53-0.96
-0.5-0.39-0.07-0.420.250.01-0.06-0.54-0.090.360.520.370.5-0.510.140.040.190.34-0.50.820.04-0.380.53-0.530.52
-0.34-0.310.26-0.420.660.480.41-0.670.010.760.690.750.73-0.920.210.110.20.77-0.910.270.22-0.040.75-0.960.52
Click cells to compare fundamentals

Scotts Miracle Account Relationship Matchups

Scotts Miracle income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization100.5M131.1M105.2M92.5M106.4M65.2M
Total Revenue4.1B4.9B3.9B3.6B4.1B2.5B
Gross Profit1.3B1.5B872.9M657.3M755.9M842.5M
Other Operating Expenses3.5B4.2B3.7B3.4B4.0B2.2B
Operating Income585.2M723M253.1M(174.4M)(200.6M)(190.5M)
Ebit585.2M723M253.1M5.3M6.1M5.8M
Ebitda685.7M854.1M358.3M97.8M112.5M106.8M
Cost Of Revenue2.8B3.5B3.1B2.9B3.3B3.5B
Total Operating Expenses761M741.7M613.8M551.2M633.9M575.8M
Income Before Tax510.6M677.1M(558.1M)(453.3M)(521.3M)(495.2M)
Total Other Income Expense Net(74.6M)(45.9M)(811.2M)(381.3M)(343.2M)(326.0M)
Net Income387.4M512.5M(437.5M)(380.1M)(437.1M)(415.3M)
Income Tax Expense123.7M159.8M(120.6M)(73.2M)(84.2M)(80.0M)
Interest Expense79.6M78.9M118.1M178.1M204.8M215.1M
Selling General Administrative539.2M503.3M416.4M369.3M424.7M535.3M
Research Development39.7M45.4M45.3M35.7M41.1M44.1M
Net Income Applicable To Common Shares387.4M512.5M(437.5M)(380.1M)(437.1M)(415.3M)
Selling And Marketing Expenses120.3M147.4M165.7M123.7M142.3M136.8M
Net Income From Continuing Ops386.9M517.3M(437.5M)(380.1M)(342.1M)(325.0M)
Discontinued Operations(63.9M)23.5M1.7M(3.9M)(3.5M)(3.3M)
Tax Provision123.7M159.8M(120.6M)(73.2M)(65.9M)(62.6M)
Interest Income79.6M64.5M131M279.2M321.1M337.1M
Net Interest Income(94.7M)(78.9M)(118.1M)(178.1M)(160.3M)(152.3M)
Reconciled Depreciation94.7M93.8M105.2M92.5M106.4M100.4M

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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 tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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When running Scotts Miracle's price analysis, check to measure Scotts Miracle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Scotts Miracle is operating at the current time. Most of Scotts Miracle's value examination focuses on studying past and present price action to predict the probability of Scotts Miracle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scotts Miracle's price. Additionally, you may evaluate how the addition of Scotts Miracle to your portfolios can decrease your overall portfolio volatility.
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Is Scotts Miracle's industry 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
(0.61)
Dividend Share
2.64
Earnings Share
(7.04)
Revenue Per Share
61.014
Quarterly Revenue Growth
(0.22)
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.