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CF Industries vs Scotts Miracle-Gro: revenue, profit, margins and growth compared

CF Industries brought in $7.1B of revenue in fiscal 2025, Scotts Miracle-Gro $3.4B in fiscal 2025. Revenue changed by +19.3% at CF Industries and -3.9% at Scotts Miracle-Gro on the year before, so CF Industries grew faster. CF Industries kept 20.5% of its revenue as net profit, Scotts Miracle-Gro 4.3%. Free cash flow was $1.8B at CF Industries and $273.9M at Scotts Miracle-Gro.

Side by side, latest fiscal year

CFSMG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 30, 2025)
Revenue$7.1B$3.4B
Revenue growth+19.3%-3.9%
Net income$1.5B$145.2M
Net margin20.5%4.3%
Free cash flow$1.8B$273.9M
Free cash flow margin25.4%8.0%
Earnings per share (diluted)$8.97$2.47
Cash$2B$32.8M
Debt$3.2B$2.1B
Price to earnings12.8n/a
Market value$17.4Bn/a
Dividend yield1.74%n/a
Rank by revenue in sector#96 of 451 · Industrials#164 of 451 · Industrials

Over the years

Revenue
CF FY2018: $4.4BCF FY2019: $4.6BCF FY2020: $4.1BCF FY2021: $6.5BCF FY2022: $11.2BCF FY2023: $6.6BCF FY2024: $5.9BCF FY2025: $7.1BSMG FY2018: $2.7BSMG FY2019: $3.2BSMG FY2020: $4.1BSMG FY2021: $4.9BSMG FY2022: $3.9BSMG FY2023: $3.6BSMG FY2024: $3.6BSMG FY2025: $3.4BFY18FY19FY20FY21FY22FY23FY24FY25
CF $7.1BSMG $3.4B
Net income
CF FY2018: $290MCF FY2019: $493MCF FY2020: $317MCF FY2021: $917MCF FY2022: $3.3BCF FY2023: $1.5BCF FY2024: $1.2BCF FY2025: $1.5BSMG FY2018: $63.7MSMG FY2019: $460.7MSMG FY2020: $387.4MSMG FY2021: $512.5MSMG FY2022: -$437.5MSMG FY2023: -$380.1MSMG FY2024: -$34.9MSMG FY2025: $145.2MFY18FY19FY20FY21FY22FY23FY24FY25
CF $1.5BSMG $145.2M
Net margin
CF FY2018: 6.5%CF FY2019: 10.7%CF FY2020: 7.7%CF FY2021: 14.0%CF FY2022: 29.9%CF FY2023: 23.0%CF FY2024: 20.5%CF FY2025: 20.5%SMG FY2018: 2.4%SMG FY2019: 14.6%SMG FY2020: 9.4%SMG FY2021: 10.4%SMG FY2022: -11.1%SMG FY2023: -10.7%SMG FY2024: -1.0%SMG FY2025: 4.3%FY18FY19FY20FY21FY22FY23FY24FY25
CF 20.5%SMG 4.3%
Revenue growth
CF FY2019: +3.6%CF FY2020: -10.2%CF FY2021: +58.5%CF FY2022: +71.1%CF FY2023: -40.7%CF FY2024: -10.5%CF FY2025: +19.3%SMG FY2019: +18.5%SMG FY2020: +30.9%SMG FY2021: +19.2%SMG FY2022: -20.3%SMG FY2023: -9.5%SMG FY2024: +0.0%SMG FY2025: -3.9%FY19FY20FY21FY22FY23FY24FY25
CF +19.3%SMG -3.9%
Free cash flow
CF FY2018: $1.1BCF FY2019: $1.1BCF FY2020: $922MCF FY2021: $2.4BCF FY2022: $3.4BCF FY2023: $2.3BCF FY2024: $1.8BCF FY2025: $1.8BSMG FY2018: $274.3MSMG FY2019: $184.4MSMG FY2020: $495.3MSMG FY2021: $164.6MSMG FY2022: -$242.5MSMG FY2023: $438.2MSMG FY2024: $583.5MSMG FY2025: $273.9MFY18FY19FY20FY21FY22FY23FY24FY25
CF $1.8BSMG $273.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about CF Industries and Scotts Miracle-Gro

Which is bigger by revenue, CF Industries or Scotts Miracle-Gro?

CF Industries is bigger by revenue: $7.1B in fiscal 2025, against $3.4B for Scotts Miracle-Gro in fiscal 2025.

Which keeps more of its revenue as profit, CF Industries or Scotts Miracle-Gro?

CF Industries had a net margin of 20.5% in fiscal 2025; Scotts Miracle-Gro had 4.3% in fiscal 2025.

Which grew revenue faster, CF Industries or Scotts Miracle-Gro?

In their latest fiscal years revenue changed by +19.3% at CF Industries and -3.9% at Scotts Miracle-Gro.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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