Scotts Miracle-Gro Return on Equity (ROE) Growth & History (SMG)

Scotts Miracle-Gro's return on equity was −75.37% for fiscal 2022.

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Scotts Miracle-Gro annual return on equity history

Scotts Miracle-Gro annual return on equity

Fiscal yearPeriod endedReturn on equityChange (percentage points)
20222022-09-30−75.37%−135.29 pp
20212021-09-3059.92%+5.20 pp
20202020-09-3054.72%−31.13 pp
20192019-09-3085.85%+73.15 pp
20182018-09-3012.70%−19.31 pp
20172017-09-3032.01%−15.20 pp
20162016-09-3047.20%+19.99 pp
20152015-09-3027.21%+0.87 pp
20142014-09-3026.34%+1.79 pp
20132013-09-3024.55%+6.22 pp
20122012-09-3018.34%−7.02 pp
20112011-09-3025.36%−4.90 pp
20102010-09-3030.26%+0.24 pp
20092009-09-3030.02%

Scotts Miracle-Gro return on equity trends

Over the last five fiscal years, Scotts Miracle-Gro's return on equity decreased from 32.01% to −75.37%, a change of −107.37 percentage points. The latest reported quarter, Q3 2023, shows 32.10%.

About the metric

What return on equity (ROE) means

Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.

Calculation and source

How return on equity is calculated

TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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