SMG (The Scotts Miracle Gro Co) Interest Coverage: 7.74 (As of Jun. 2026) — 96% Above Median

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SMG The Scotts Miracle Gro Co SMG
66 GF Score
Price $62.27
GF Value $61.01
Valuation Fairly Valued
! 5 Warning Signs
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What is The Scotts Miracle Gro Co Interest Coverage?

The Scotts Miracle Gro Co SMG -1.02% 66 Interest Coverage is 7.74 as of Jun. 2026, which is 96% above its 10-year median of 3.94. GuruFocus rates SMG with a GF Score™ of 66/100 and a GF Value™ of $61.01 (Fairly Valued). The stock has 5 warning signs investors should review. Among 202 Agriculture companies, The Scotts Miracle Gro Co ranks worse than 66.34% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. The Scotts Miracle Gro Co's Operating Income for the three months ended in Jun. 2026 was $217 Mil. The Scotts Miracle Gro Co's Interest Expense for the three months ended in Jun. 2026 was $-28 Mil. The Scotts Miracle Gro Co's interest coverage for the quarter that ended in Jun. 2026 was 7.74. The higher the ratio, the stronger the company's financial strength is.

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

SMG' s Interest Coverage Range Over the Past 10 Years
Min: 0.6   Med: 3.94   Max: 9.22
Current: 4.16


SMG's Interest Coverage is ranked worse than
66.34% of 202 companies
in the Agriculture industry
Industry Median: 7.13 vs SMG: 4.16

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


The Scotts Miracle Gro Co  (NYSE:SMG) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


The Scotts Miracle Gro Co Interest Coverage Related Terms


The Scotts Miracle Gro Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for The Scotts Miracle Gro Co's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The Scotts Miracle Gro Co Interest Coverage Chart

The Scotts Miracle Gro Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.22 2.19 0.60 1.71 3.28

The Scotts Miracle Gro Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage 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 6.94 0.00 0.00 12.91 7.74

SMG vs FMC, UAN, MOS: Interest Coverage Comparison

For the Agricultural Inputs subindustry, The Scotts Miracle Gro Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Agriculture Industry

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

* The bar in red indicates where The Scotts Miracle Gro Co's Interest Coverage falls into.


SMG
66GF Score
The Scotts Miracle Gro Co SMG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Scotts Miracle Gro Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

The Scotts Miracle Gro Co's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, The Scotts Miracle Gro Co's Interest Expense was $-129 Mil. Its Operating Income was $422 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,251 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*422/-128.8
=3.28

The Scotts Miracle Gro Co's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, The Scotts Miracle Gro Co's Interest Expense was $-28 Mil. Its Operating Income was $217 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,836 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*216.6/-28
=7.74

* 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 higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 7.74 mean?
The Scotts Miracle Gro Co (SMG) has a Interest Coverage of 7.74 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on The Scotts Miracle Gro Co and its competitors. This is 96% above median its historical median of 3.94. Over the past decade, The Scotts Miracle Gro Co's Interest Coverage has ranged from 0.60 to 9.22. According to the industry distribution chart, The Scotts Miracle Gro Co ranks #134 out of 202 companies in the Agriculture industry, placing it in the top 66.3%.
Is The Scotts Miracle Gro Co's Interest Coverage too high?
The Scotts Miracle Gro Co's current Interest Coverage of 7.74 is 96% above median its 10-year median of 3.94. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 9.22. The Agriculture industry median Interest Coverage is 7.13. The Scotts Miracle Gro Co's value of 7.74 is 8.6% above this industry median. Based on the distribution chart, The Scotts Miracle Gro Co ranks #134 out of 202 companies in the Agriculture industry, which is below the industry midpoint. Overall, The Scotts Miracle Gro Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Scotts Miracle Gro Co's Interest Coverage compare to FMC and UAN?
According to the Agriculture industry distribution chart, The Scotts Miracle Gro Co ranks #134 out of 202 companies for Interest Coverage. This places The Scotts Miracle Gro Co in the lower half of its industry. The industry median Interest Coverage is 7.13. The Scotts Miracle Gro Co's value of 7.74 is 8.6% above this benchmark. Historically, The Scotts Miracle Gro Co's own Interest Coverage has ranged from 0.60 to 9.22 over the past decade. While the company's 10-year median is 3.94 vs. the industry median of 7.13, The Scotts Miracle Gro Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Agriculture company?
The median Interest Coverage among Agriculture companies is 7.13, based on 202 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Scotts Miracle Gro Co's current Interest Coverage of 7.74 is 8.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on The Scotts Miracle Gro Co and its competitors. For the Agriculture industry, the median Interest Coverage is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Scotts Miracle Gro Co's current Interest Coverage is 7.74, which is 96% above median its own 10-year median of 3.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Scotts Miracle Gro Co stock overvalued right now?
Based on GuruFocus' analysis, The Scotts Miracle Gro Co (SMG) is currently considered Fairly Valued. The stock's GF Value™ is $61.01, compared to a current price of $62.27 — trading 2.1% above its estimated fair value. The current Interest Coverage is 7.74, which is 96% above median its 10-year median of 3.94 and 8.6% above the Agriculture industry median of 7.13. The Scotts Miracle Gro Co's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For The Scotts Miracle Gro Co (SMG), the current Interest Coverage is 7.74 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Scotts Miracle Gro Co (SMG) Overvalued in 2026?

Based on GuruFocus' analysis, The Scotts Miracle Gro Co stock appears to be overvalued. The current stock price of $62.27 is trading 2.1% above its estimated GF Value™ of $61.01. GuruFocus considers The Scotts Miracle Gro Co to be Fairly Valued.

Key valuation signals for SMG:

  • Interest Coverage: 7.74 (96% above median its 10-year median of 3.94)
  • GF Value™: $61.01 vs. price of $62.27 (2.1% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 8.6% above the Agriculture median (#134 of 202)

No single metric tells the full story. See the SMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Scotts Miracle Gro Co Business Description

Other Exchanges 0L45:UKSCQA:Germany
Address 14111 Scottslawn Road, Marysville, OH, USA, 43041
Scotts Miracle-Gro is the largest purveyor of home lawn and gardening products in the US. The company sells a broad range of lawncare products, including grass seed, fertilizer, and lawn-related weed, animal, and disease control. US consumer typically generates the vast majority of companywide revenue and profits. Its lawncare and gardening products are well-recognized brands in the US, including Scotts, Miracle-Gro, Roundup, Ortho, and Tomcat. Over half of revenue typically comes from Home Depot and Lowe's, as Scotts' products are featured at both home improvement retailers.
66GF Score

Get the complete analysis for SMG

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$62.27
Price
$61.01
GF Value