Scotts Miracle-Gro Co (SMG) Return on equity 2016–2022
Scotts Miracle-Gro Co (SMG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-296.2%FY2022 · since FY2016: 44.1% → -296.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2022 | -296.2% | -346.8 pp |
| FY2021 | 50.6% | -5.0 pp |
| FY2020 | 55.6% | -8.5 pp |
| FY2019 | 64.1% | +46.1 pp |
| FY2018 | 18.0% | -15.7 pp |
| FY2017 | 33.6% | -10.4 pp |
| FY2016 | 44.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice