The Scotts Miracle-Gro CompanySMGNYSE
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R&D Expenses Over TimeContracting
Percentile Rank7
3Y CAGR-8.7%
5Y CAGR-9.7%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
-8.7%/yr
vs -2.6%/yr prior
5Y CAGR
-9.7%/yr
Consistent
Acceleration
-6.1pp
Decelerating
Percentile
P7
Near historical low
vs 5Y Ago
0.6x
Contraction
Streak
1 yr
Consecutive declineContracting
PeriodValueYoY Change
TTM$27.20M-21.8%
2025$34.80M+0.6%
2024$34.60M-3.1%
2023$35.70M-21.2%
2022$45.30M-0.2%
2021$45.40M+14.4%
2020$39.70M+0.3%
2019$39.60M-6.8%
2018$42.50M+6.5%
2017$39.90M-