SMGThe Scotts Miracle-Gro Company

$61.37

Is it safe?

Can SMG take a bad year?

The Scotts Miracle-Gro Company carries $2.34B of net debt at 4.62× EBITDA: a heavy load to carry through a bad year.

$2.34B

Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
4.62×

Net debt / EBITDA · 7.21× a year ago · the load is coming down

Altman Z-score
2.70

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
3.80×

Interest cover · operating profit covers the interest bill, with room to spare

Details
Total debtQ2 2026
$2.35B
Cash and short-term investments
$6.2M
Net debt
$2.34B
EBITDA, trailing twelve months
$507M
Operating profit, trailing twelve months
$445M
Total debt / EBITDA
4.63×
Annualised volatilitytwo years of daily moves
41%
Worst drawdown on file
−84%
Below its 52-week high
−17%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.