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The Scotts Miracle Gro Co (The Scotts Miracle Gro Co) Pretax Margin % : -27.83% (As of Dec. 2023)


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What is The Scotts Miracle Gro Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. The Scotts Miracle Gro Co's Pre-Tax Income for the three months ended in Dec. 2023 was $-114 Mil. The Scotts Miracle Gro Co's Revenue for the three months ended in Dec. 2023 was $410 Mil. Therefore, The Scotts Miracle Gro Co's pretax margin for the quarter that ended in Dec. 2023 was -27.83%.

The historical rank and industry rank for The Scotts Miracle Gro Co's Pretax Margin % or its related term are showing as below:

SMG' s Pretax Margin % Range Over the Past 10 Years
Min: -14.22   Med: 10.34   Max: 18.43
Current: -13.77


SMG's Pretax Margin % is ranked worse than
83.75% of 240 companies
in the Agriculture industry
Industry Median: 5.66 vs SMG: -13.77

The Scotts Miracle Gro Co Pretax Margin % Historical Data

The historical data trend for The Scotts Miracle Gro Co's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Scotts Miracle Gro Co Pretax Margin % Chart

The Scotts Miracle Gro Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.43 12.36 13.75 -14.22 -12.76

The Scotts Miracle Gro Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.91 9.78 4.65 -149.69 -27.83

Competitive Comparison of The Scotts Miracle Gro Co's Pretax Margin %

For the Agricultural Inputs subindustry, The Scotts Miracle Gro Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Scotts Miracle Gro Co's Pretax Margin % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, The Scotts Miracle Gro Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where The Scotts Miracle Gro Co's Pretax Margin % falls into.



The Scotts Miracle Gro Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

The Scotts Miracle Gro Co's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=-453.3/3551.3
=-12.76 %

The Scotts Miracle Gro Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-114.2/410.4
=-27.83 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Scotts Miracle Gro Co  (NYSE:SMG) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


The Scotts Miracle Gro Co Pretax Margin % Related Terms

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The Scotts Miracle Gro Co (The Scotts Miracle Gro Co) Business Description

Traded in Other Exchanges
Address
14111 Scottslawn Road, Marysville, OH, USA, 43041
Scotts Miracle-Gro is the largest provider of gardening and lawncare products in the United States. The majority of the company's sales are to large retailers that include Home Depot, Lowe's, and Walmart. Scotts Miracle-Gro can sell its products at a higher price point than its competition because of a well-recognized portfolio of brands that include Miracle-Gro, Roundup, Ortho, Tomcat, and Scotts. Scotts is also the leading supplier of cannabis-growing equipment in North America through its Hawthorne business.
Executives
Nancy G. Mistretta director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Kelly Thomas N Jr director C/O THE SCOTTS MIRACLE-GRO COMPANY, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Hagedorn Partnerships L P 10 percent owner SCOTTS MIRACLE-GRO PRODUCTS INC, 800 PORT WASHINGTON BLVD, PORT WASHINGTON NY 11050
James Hagedorn director, 10 percent owner, officer: President and CEO C/O SCOTTS CO, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Julie Demuesy officer: SVP, CHIEF HUMAN RESOURCES 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Mark D Kingdon director 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Stephen L Johnson director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Edith Aviles director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Dimiter Todorov officer: EVP, GC & CORPORATE SECRETARY 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Matthew E Garth officer: EVP & CFO 622 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
David C Evans officer: EVP and CFO C/O THE SCOTTS MIRACLE-GRO COMPANY, 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Peter E Shumlin director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
Brian E Sandoval director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
James D King officer: EVP and CCO 14111 SCOTTSLAWN RD, MARYSVILLE OH 43041
Gerald Volas director C/O TREX COMPANY INC., 160 EXETER DRIVE, WINCHESTER VA 22603

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