Scotts Miracle-Gro Debt-to-Equity Ratio Growth & History (SMG)
Scotts Miracle-Gro's debt-to-equity ratio was 22.33 for fiscal 2022.
View full Scotts Miracle-Gro company overviewScotts Miracle-Gro annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-09-30 | 22.33 | 19.74 | +760.94% |
| 2021 | 2021-09-30 | 2.59 | 0.13 | +5.25% |
| 2020 | 2020-09-30 | 2.46 | 0.16 | +6.76% |
| 2019 | 2019-09-30 | 2.31 | −3.38 | −59.40% |
| 2018 | 2018-09-30 | 5.69 | 3.53 | +163.32% |
| 2017 | 2017-09-30 | 2.16 | 0.46 | +27.02% |
| 2016 | 2016-09-30 | 1.70 | −0.16 | −8.84% |
| 2015 | 2015-09-30 | 1.86 | 0.45 | +31.66% |
| 2014 | 2014-09-30 | 1.42 | 0.61 | +76.41% |
| 2013 | 2013-09-30 | 0.80 | −0.50 | −38.24% |
| 2012 | 2012-09-30 | 1.30 | −0.12 | −8.45% |
| 2011 | 2011-09-30 | 1.42 | 0.59 | +71.87% |
| 2010 | 2010-09-30 | 0.83 | −0.29 | −25.66% |
| 2009 | 2009-09-30 | 1.11 | — | — |
Scotts Miracle-Gro quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2023 | 2023-07-01 | 25.16 | 16.08 | +177.04% |
| Q2 2023 | 2023-04-01 | 28.16 | 23.91 | +562.79% |
| Q1 2023 | 2022-12-31 | 62.48 | 58.18 | +1352.34% |
| Q4 2022 | 2022-09-30 | 22.33 | 19.74 | +760.94% |
| Q3 2022 | 2022-07-02 | 9.08 | 6.91 | +317.65% |
| Q2 2022 | 2022-04-02 | 4.25 | 1.29 | +43.60% |
| Q1 2022 | 2022-01-01 | 4.30 | 0.77 | +21.67% |
| Q4 2021 | 2021-09-30 | 2.59 | 0.13 | +5.25% |
| Q3 2021 | 2021-07-03 | 2.17 | 0.28 | +14.80% |
| Q2 2021 | 2021-04-03 | 2.96 | −0.20 | −6.25% |
| Q1 2021 | 2021-01-02 | 3.54 | −0.04 | −1.16% |
| Q4 2020 | 2020-09-30 | 2.46 | 0.16 | +6.76% |
| Q3 2020 | 2020-06-27 | 1.89 | −0.51 | −21.33% |
| Q2 2020 | 2020-03-28 | 3.16 | −0.73 | −18.73% |
| Q1 2020 | 2019-12-28 | 3.58 | −5.61 | −61.06% |
| Q4 2019 | 2019-09-30 | 2.31 | −3.38 | −59.40% |
| Q3 2019 | 2019-06-29 | 2.41 | −1.94 | −44.66% |
| Q2 2019 | 2019-03-30 | 3.88 | −0.75 | −16.17% |
| Q1 2019 | 2018-12-29 | 9.19 | 5.64 | +159.07% |
| Q4 2018 | 2018-09-30 | 5.69 | 3.53 | +163.32% |
| Q3 2018 | 2018-06-30 | 4.35 | 2.02 | +86.91% |
| Q2 2018 | 2018-03-31 | 4.63 | 1.58 | +51.56% |
| Q1 2018 | 2017-12-30 | 3.55 | 0.63 | +21.67% |
| Q4 2017 | 2017-09-30 | 2.16 | 0.46 | +27.02% |
| Q3 2017 | 2017-07-01 | 2.33 | 0.47 | +25.57% |
| Q2 2017 | 2017-04-01 | 3.06 | 0.15 | +5.25% |
| Q1 2017 | 2016-12-31 | 2.91 | −0.05 | −1.56% |
| Q4 2016 | 2016-09-30 | 1.70 | −0.16 | −8.84% |
| Q3 2016 | 2016-07-02 | 1.85 | 0.31 | +20.15% |
| Q2 2016 | 2016-04-02 | 2.90 | 0.17 | +6.05% |
| Q1 2016 | 2016-01-02 | 2.96 | 0.34 | +13.07% |
| Q4 2015 | 2015-09-30 | 1.86 | 0.45 | +31.66% |
| Q3 2015 | 2015-06-27 | 1.54 | 0.44 | +40.48% |
| Q2 2015 | 2015-03-28 | 2.74 | 0.63 | +29.95% |
| Q1 2015 | 2014-12-27 | 2.62 | 1.20 | +84.45% |
| Q4 2014 | 2014-09-30 | 1.42 | 0.61 | +76.41% |
| Q3 2014 | 2014-06-28 | 1.10 | — | — |
| Q2 2014 | 2014-03-29 | 2.11 | −0.15 | −6.72% |
| Q1 2014 | 2013-12-28 | 1.42 | −0.50 | −26.04% |
| Q4 2013 | 2013-09-30 | 0.80 | −0.50 | −38.24% |
| Q2 2013 | 2013-03-30 | 2.26 | −0.23 | −9.32% |
| Q1 2013 | 2012-12-29 | 1.92 | −0.31 | −13.85% |
| Q4 2012 | 2012-09-30 | 1.30 | −0.12 | −8.45% |
| Q3 2012 | 2012-06-30 | 1.14 | 0.12 | +12.10% |
| Q2 2012 | 2012-03-31 | 2.49 | 0.99 | +66.40% |
| Q1 2012 | 2011-12-31 | 2.23 | 0.97 | +76.64% |
| Q4 2011 | 2011-09-30 | 1.42 | 0.59 | +71.87% |
| Q3 2011 | 2011-07-02 | 1.02 | 0.19 | +23.45% |
| Q2 2011 | 2011-04-02 | 1.50 | — | — |
| Q1 2011 | 2011-01-01 | 1.26 | — | — |
| Q4 2010 | 2010-09-30 | 0.83 | −0.29 | −25.66% |
| Q3 2010 | 2010-07-03 | 0.83 | — | — |
| Q4 2009 | 2009-09-30 | 1.11 | — | — |
Scotts Miracle-Gro debt-to-equity ratio trends
Over the last five fiscal years, Scotts Miracle-Gro's debt-to-equity ratio increased from 2.16 to 22.33, a change of 20.17. The latest reported quarter, Q3 2023, shows 25.16.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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