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SMITH MIDLAND CORP

SMID

$28.50 ▲ +0.27 (+0.96%) at close

16 Visible periods

28 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Good

Bullish

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Analytical Summary

SMITH MIDLAND CORP shows strong fundamentals with top-quartile Return on Common Equity (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $151.2M

Dividend Yield —

Revenue Growth 19.0% ↘

Op. Margin 18.2% ↗

ROIC 23.0% ↗

FCF / Share $0.94 ↗

Trailing P/E 12.1x

Price / Book 2.8x

FCF Yield 3.3%

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

16-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$93.45M

↑ +19.0% —

Net Income Profit after all expenses

$12.51M

↑ +62.9% —

Operating Margin Operating profit as % of sales

18.2%

↑ +44.2% 72th

FCF / Share Free cash flow per share

$0.94

↑ +573.5% —

trending_up

Bullish Indicators

Return on Common Equity (%)Return on Common Equity (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability ↓

Returns →

Financial Health ↑

Cash Quality ↓

Financial view

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Revenue Growth YoY (%)	19.0% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+281%)	31.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+535%)	18.8% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+277%)	-1.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-120%)	15.5% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+209%)	-6.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-221%)	16.1% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+222%)	-3.6% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-172%)	4.2% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-17%)	37.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+643%)	30.0% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+499%)	-18.9% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-478%)	11.3% Good Good Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+126%)	-6.8% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-235%)	—	—
EPS Growth YoY (%)	62.8% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	866.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	0.0% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	-89.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	184.3% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	34.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	15.2% Good ↓ Good Declining Year-over-year change in earnings per share Optimal: > 10%	-37.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-7.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	171.4% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	75.0% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	—	—
Net Income Growth YoY (%)	62.9% Excellent ↓ Excellent Declining Year-over-year change in net income	865.4% Excellent ↑ Excellent Improving Year-over-year change in net income	-0.6% Weak ↓ Weak Declining Year-over-year change in net income	-89.4% Weak ↓ Weak Declining Year-over-year change in net income	184.1% Excellent ↑ Excellent Improving Year-over-year change in net income	36.7% Excellent ↑ Excellent Improving Year-over-year change in net income	15.5% Good ↓ Good Declining Year-over-year change in net income	-37.1% Weak ↓ Weak Declining Year-over-year change in net income	-5.3% Weak Weak Year-over-year change in net income	171.5% Excellent Excellent Year-over-year change in net income	N/M	N/M	83.6% Excellent Excellent Year-over-year change in net income	N/M	—	—
Revenue CAGR 3Y (%)	23.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	15.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	10.7% Good ↑ Good Improving Compound annual revenue growth over 3 years	2.4% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	8.0% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	1.7% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	5.2% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	11.3% Good ↓ Good Declining Compound annual revenue growth over 3 years	22.9% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	13.1% Good ↑ Good Improving Compound annual revenue growth over 3 years	5.5% Fair Fair Compound annual revenue growth over 3 years	-5.6% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	16.3% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	11.0% Good ↑ Good Improving Compound annual revenue growth over 5 years	8.2% Good ↑ Good Improving Compound annual revenue growth over 5 years	3.7% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	4.8% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	8.5% Good ↓ Good Declining Compound annual revenue growth over 5 years	15.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	7.7% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	10.9% Good Good Compound annual revenue growth over 5 years	8.4% Good Good Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	150.6% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	0.0% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	-33.5% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-26.6% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	63.8% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-1.3% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-12.6% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	16.3% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	—	59.7% Excellent Excellent Compound annual EPS growth over 3 years	37.9% Excellent Excellent Compound annual EPS growth over 3 years	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Operating Margin (%) (%)	18.2% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+52%)	12.6% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+5%)	1.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-84%)	1.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-86%)	12.2% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	8.6% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-29%)	5.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-55%)	5.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-54%)	8.9% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-26%)	10.8% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-10%)	5.4% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-55%)	-5.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-144%)	4.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-62%)	2.8% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-77%)	-1.4% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-111%)	—
Effective Tax Rate (%) (%)	26.5% Caution → Caution Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	21.8% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	39.9% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	15.3% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	16.8% Good Good Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	13.4% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+67%)	9.8% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+22%)	1.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-83%)	1.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-80%)	14.9% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+87%)	6.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-24%)	4.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-48%)	4.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-48%)	6.4% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-20%)	7.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-12%)	3.6% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-55%)	-3.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-145%)	2.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-69%)	1.5% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-81%)	-1.3% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-116%)	—
FCF Margin (%) (%)	5.3% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	-1.3% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	4.6% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-18.1% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	7.4% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	11.1% Fair ↑ Fair Improving Free cash flow as a percentage of revenue Optimal: > 10%	-1.2% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	8.1% Caution ↑ Caution Improving Free cash flow as a percentage of revenue Optimal: > 10%	0.4% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	0.6% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-5.5% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	4.3% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-0.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	11.2% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	-3.1% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.40x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-0.14x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	3.42x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-11.35x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	0.50x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.82x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-0.30x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.92x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.07x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.09x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-1.55x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.19x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-0.13x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	7.38x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	2.35x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Return on Invested Capital (%)	23.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	18.5% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	2.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	2.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	16.2% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	12.6% Good → Good Stable Return earned on debt + equity capital invested Optimal: > 10%	9.7% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	9.3% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	17.1% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	24.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	10.9% Good ↑ Good Improving Return earned on debt + equity capital invested Optimal: > 10%	-9.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	8.9% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	5.0% Caution Caution Return earned on debt + equity capital invested Optimal: > 10%	-2.7% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	19.4% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	14.6% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	1.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	11.6% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	8.1% Fair → Fair Stable Operating profit relative to total assets Optimal: > 10%	6.0% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	5.4% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	12.7% Good ↑ Good Improving Operating profit relative to total assets Optimal: > 10%	18.5% Excellent ↑ Excellent Improving Operating profit relative to total assets Optimal: > 10%	8.4% Fair ↑ Fair Improving Operating profit relative to total assets Optimal: > 10%	-7.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	6.9% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	4.1% Caution Caution Operating profit relative to total assets Optimal: > 10%	-2.1% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	23.0% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+54%)	18.4% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+23%)	2.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-84%)	2.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-84%)	23.8% Excellent ↑ Excellent Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+59%)	11.3% Fair → Fair Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-25%)	9.4% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-38%)	9.0% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-40%)	15.6% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	19.9% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+33%)	9.2% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-39%)	-7.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-151%)	6.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-60%)	3.5% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-77%)	-3.3% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-122%)	—

⚖️ Is the balance sheet risky? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Interest Coverage (x)	75.53x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	42.85x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	4.38x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	3.28x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	32.46x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	17.32x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	14.22x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	12.59x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	20.19x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	26.77x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	15.30x Excellent ↑ Excellent Improving Operating income divided by interest expense Optimal: > 5x	-10.28x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	9.69x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	5.10x Good Good Operating income divided by interest expense Optimal: > 5x	-2.68x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	—	—	—	—	—	—	—	—	—	$-3.52M	$-1.74M	$-3.57M	$-3.14M	$-4.37M	$-2.13M	$-2.57M

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Revenue per Share (USD)	$17.61	$14.84	$11.33	—	—	$8.46	—	—	—	$8.12	$5.97	$4.60	$5.73	$5.16	$5.57	—
Basic EPS, GAAP (USD)	$2.36	$1.45	$0.15	$0.15	$1.45	$0.51	$0.38	$0.33	$0.53	$0.57	$0.21	$-0.16	$0.14	$0.08	$-0.07	—
Free Cash Flow per Share (USD)	$0.94	$-0.20	$0.52	—	—	$0.94	—	—	—	$0.05	$-0.33	$0.20	$-0.02	$0.58	$-0.17	—
Book Value per Share (USD)	$10.23	$7.87	$6.43	$6.29	$6.07	$4.55	$4.03	$3.69	$3.41	$2.92	$2.33	$2.15	$2.36	$2.25	$2.24	—
Tangible Book Value per Share (USD)	$10.23	$7.87	$6.43	$6.29	$6.07	$4.55	$4.03	$3.69	$3.41	$2.92	$2.33	$2.15	$2.36	$2.25	$2.24	—
Basic Weighted Avg Shares (shares)	5.30M	5.29M	5.26M	5,233	5,205	5.18M	5,142	5,080	5,042	4.93M	4.90M	4.88M	4.84M	4.83M	4.79M	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Working Capital (USD)	$34.41M	$20.84M	$17.31M	$17.72M	$13.85M	$14.44M	$9.43M	$9.74M	$11.20M	$10.17M	$8.98M	$9.01M	$9.97M	$9.88M	$9.72M	—
Total Equity (USD)	$54.30M	$41.74M	$34.16M	$33.05M	$31.75M	$23.65M	$20.82M	$18.85M	$17.20M	$14.24M	$11.39M	$10.47M	$11.42M	$10.87M	$10.73M	$10.96M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗
Sales/Revenue/Turnover (USD)	$93.45M	$78.51M	$59.58M	$50.13M	$50.64M	$43.86M	$46.69M	$40.22M	$41.72M	$40.05M	$29.20M	$22.47M	$27.71M	$24.89M	$26.70M	—
Depreciation Expense (USD)	$2.86M	$2.66M	—	$2.88M	$2.67M	$2.41M	$1.79M	$1.25M	$926.00K	$821.00K	$667.90K	$636.64K	$634.87K	$674.16K	$712.83K	—
Net Income, GAAP (USD)	$12.51M	$7.67M	$795.00K	$800.00K	$7.57M	$2.67M	$1.95M	$1.69M	$2.68M	$2.83M	$1.04M	$-804.84K	$691.50K	$376.69K	$-351.68K	—
Operating Cash Flow (USD)	$14.30M	$5.16M	$7.73M	$-6.33M	$9.13M	$7.49M	$3.93M	$8.47M	$2.93M	$4.00M	$18.89K	$1.43M	$819.85K	$2.89M	$-83.11K	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 16 years · 65 quarters

SMITH MIDLAND CORP

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