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

Nutrien brought in $26.9B of revenue in fiscal 2025, Scotts Miracle-Gro $3.4B in fiscal 2025. Revenue changed by +3.5% at Nutrien and -3.9% at Scotts Miracle-Gro on the year before, so Nutrien grew faster. Nutrien kept 8.4% of its revenue as net profit, Scotts Miracle-Gro 4.3%. Free cash flow was $2.1B at Nutrien and $273.9M at Scotts Miracle-Gro.

Side by side, latest fiscal year

NTRSMG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 30, 2025)
Revenue$26.9B$3.4B
Revenue growth+3.5%-3.9%
Net income$2.3B$145.2M
Net margin8.4%4.3%
Free cash flow$2.1B$273.9M
Free cash flow margin7.9%8.0%
Earnings per share (diluted)$4.66$2.47
Cash$701M$32.8M
Debt$9.9B$2.1B
Price to earningsn/a20.6
Market value$34.8B$3B
Dividend yieldn/a5.19%
Rank by revenue in sector#25 of 451 · Industrials#164 of 451 · Industrials

Over the years

Revenue
NTR FY2018: $19.6BNTR FY2019: $20.1BNTR FY2020: $20.9BNTR FY2021: $27.7BNTR FY2022: $37.9BNTR FY2023: $29.1BNTR FY2024: $26BNTR FY2025: $26.9BSMG FY2018: $2.7BSMG FY2019: $3.2BSMG FY2020: $4.1BSMG FY2021: $4.9BSMG FY2022: $3.9BSMG FY2023: $3.6BSMG FY2024: $3.6BSMG FY2025: $3.4BFY18FY19FY20FY21FY22FY23FY24FY25
NTR $26.9BSMG $3.4B
Net income
NTR FY2018: $3.6BNTR FY2019: $992MNTR FY2020: $459MNTR FY2021: $3.2BNTR FY2022: $7.7BNTR FY2023: $1.3BNTR FY2024: $674MNTR FY2025: $2.3BSMG FY2018: $63.7MSMG FY2019: $460.7MSMG FY2020: $387.4MSMG FY2021: $512.5MSMG FY2022: -$437.5MSMG FY2023: -$380.1MSMG FY2024: -$34.9MSMG FY2025: $145.2MFY18FY19FY20FY21FY22FY23FY24FY25
NTR $2.3BSMG $145.2M
Net margin
NTR FY2018: 18.2%NTR FY2019: 4.9%NTR FY2020: 2.2%NTR FY2021: 11.4%NTR FY2022: 20.2%NTR FY2023: 4.3%NTR FY2024: 2.6%NTR FY2025: 8.4%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
NTR 8.4%SMG 4.3%
Revenue growth
NTR FY2019: +2.3%NTR FY2020: +4.1%NTR FY2021: +32.5%NTR FY2022: +36.7%NTR FY2023: -23.3%NTR FY2024: -10.6%NTR FY2025: +3.5%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
NTR +3.5%SMG -3.9%
Free cash flow
NTR FY2018: $647MNTR FY2019: $1.9BNTR FY2020: $1.9BNTR FY2021: $2.1BNTR FY2022: $5.9BNTR FY2023: $2.7BNTR FY2024: $1.5BNTR FY2025: $2.1BSMG FY2018: $274.3MSMG FY2019: $184.4MSMG FY2020: $495.3MSMG FY2021: $164.6MSMG FY2022: -$242.5MSMG FY2023: $438.2MSMG FY2024: $583.5MSMG FY2025: $273.9MFY18FY19FY20FY21FY22FY23FY24FY25
NTR $2.1BSMG $273.9M

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

Questions about Nutrien and Scotts Miracle-Gro

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

Nutrien is bigger by revenue: $26.9B in fiscal 2025, against $3.4B for Scotts Miracle-Gro in fiscal 2025.

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

Nutrien had a net margin of 8.4% in fiscal 2025; Scotts Miracle-Gro had 4.3% in fiscal 2025.

Which grew revenue faster, Nutrien or Scotts Miracle-Gro?

In their latest fiscal years revenue changed by +3.5% at Nutrien 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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