Financial Statements

The Scotts Miracle-Gro Company (SMG)


+3.22 (+3.45%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 1,2361,275920978-
Net Income 51338746164218
Stock Dividends -1,747-1519-2880
Dividend Paid --411-125-120-120
Retained Earnings 21,2361,275920978

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 716546531468-
Annual Depreciation -71523358131537
Capital Expenditure --63-42-68-70
Net PPE 1716546531468

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -442543539544
New Purchases -----
Intangible and Goodwill 4425435395441

The Scotts Miracle-Gro Company income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes The Scotts Miracle-Gro Company FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.