Scotts Miracle-Gro Company (SMG)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -34,900 | -259,300 | -347,700 | -395,800 | -380,000 | -131,600 | -619,200 | -452,100 | -437,400 | -265,300 | 404,500 | 438,000 | 512,400 | 564,200 | 541,100 | 483,300 | 387,500 | 325,700 | 324,600 | 468,900 |
| Revenue (ttm) | US$ in thousands | 3,466,200 | 3,384,300 | 3,253,700 | 3,255,600 | 3,371,900 | 3,496,100 | 3,579,600 | 3,746,500 | 3,804,800 | 4,053,200 | 4,485,900 | 4,645,300 | 4,835,600 | 5,020,100 | 4,904,700 | 4,455,300 | 4,068,600 | 3,676,000 | 3,348,000 | 3,148,900 |
| Net profit margin | -1.01% | -7.66% | -10.69% | -12.16% | -11.27% | -3.76% | -17.30% | -12.07% | -11.50% | -6.55% | 9.02% | 9.43% | 10.60% | 11.24% | 11.03% | 10.85% | 9.52% | 8.86% | 9.70% | 14.89% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-34,900K ÷ $3,466,200K
= -1.01%
The net profit margin of Scotts Miracle-Gro Company has shown fluctuations over the past few years. It ranged from a low of -17.30% in March 2023 to a high of 14.89% in March 2020.
In the most recent quarter of September 2024, the net profit margin was -1.01%, indicating a loss on the bottom line. This was an improvement from the previous quarter's net profit margin of -7.66% in June 2024.
Overall, the company has faced challenges in profitability in recent quarters, with negative net profit margins in several periods. Management may need to assess and address the factors contributing to the fluctuations in profitability to improve the company's financial performance in the future.
Peer comparison
Sep 30, 2024