WinstonWınston
Back
The Scotts Miracle-Gro Company logo

The Scotts Miracle-Gro Company

SMG
50
Agricultural Inputs · Basic Materials
Also trades as: 0L45.L
Price
$61.01
-0.12 (-0.20%)
Market Cap
$3.55B
Winston Score
50
Winston is curious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 23, 2026 · filings through Jun 27, 2026
How the score breaks down
Quality
Mixed
Growth
Good
Cash Flow
Strong
Stability
Weak
Valuation
Good
Dividends
Good

Share count rising — dilution

+2.6% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 57.2M (2021) → 58.7M (2025)

Winston Score History

The full picture

Scotts Miracle-Gro makes lawn and garden products that everyday consumers use to grow grass, flowers, and vegetables at home. Its most recognized brands include Scotts lawn fertilizers, Miracle-Gro potting soil and plant food, and Ortho pest control products. The company also owns Hawthorne Gardening, which sells growing equipment and nutrients to indoor and hydroponic growers.

The company earns most of its revenue by selling branded consumer products through large retailers like Home Depot, Lowe's, and Walmart, making it heavily dependent on a small number of retail partners. It operates primarily in the United States, with some presence in Europe and other markets. Scotts holds strong brand recognition in a category where consumers tend to trust familiar names, which gives it some pricing power. The biggest risk the company faces is its Hawthorne segment, which struggled significantly as demand from cannabis growers collapsed after a period of rapid expansion.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
31.2%
Modest — 31.2% gross margin
Profit after running costs
Operating Margin
14.5%
Healthy — 14.5% operating margin
Return on the money invested
ROCE
8.9%
Below par — 8.9% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
-2.0%
Shrinking sales (-2.0% YoY)
Profit growth
EPS YoY
+45.3%
Earnings growing fast (+45.3% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
296%
Turns 296% of profit into real cash
Spare cash per sale
FCF Margin
2.2%
Thin free cash flow (2.2%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
N/A
Data not available
Covers its interest
Interest Cover
3.66x
Tight — interest eats into profit (3.7x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
48.8x
Expensive — P/E 48.8

P/E over 35. The market is pricing in heavy, sustained growth.

Cheaper or dearer next year
P/E vs Forward
+36.7
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (48.8 → 12.1)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
4.20%
Healthy income — 4.20% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend record
Dividend Growth
+0.0%
Dividend flat

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial