SMITH MIDLAND CORP (SMID)

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CIK 0000924719 · Nasdaq · Concrete Products, Except Block & Brick

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends Dec 31

In fiscal 2025, SMITH MIDLAND CORP reported revenue of $93.45M, up 19.0% from the prior year. The company was profitable, with a net margin of 13.4% and a gross margin of 27.9%. It held $87.73M in total assets against $33.42M in total liabilities.

Key ratios (FY2025)

27.9%
Gross margin
18.2%
Operating margin
13.4%
Net margin
23.0%
Return on equity
+19.0%
Revenue growth (YoY)
Metric (FY)2025202420232022202120202019201820172016
Revenue$93.45M$78.51M$59.58M$50.13M$50.64M$43.86M$46.69M$40.22M$41.72M
Cost of Revenue$67.41M$58.50M$48.93M$40.66M$36.22M$32.82M$36.72M$29.73M$30.25M$29.70M
Gross Profit$26.04M$20.01M$10.65M$9.47M$14.42M$11.04M$9.97M$10.49M$11.46M$10.35M
Operating Income$16.99M$9.90M$1.12M$854.0K$6.17M$3.76M$2.55M$2.22M$3.71M$4.34M
Net Income$12.51M$7.67M$795.0K$800.0K$7.57M$2.67M$1.95M$1.69M$2.68M$2.83M
EPS (Diluted)$2.36$1.45$0.15$0.15$1.45$0.51$0.38$0.33$0.53$0.56
Total Assets$87.73M$67.99M$61.35M$54.31M$53.27M$46.50M$42.12M$41.37M$29.23M$23.41M
Total Liabilities$33.42M$26.25M$27.19M$21.26M$21.52M$22.85M$21.29M$22.52M$12.02M$9.17M
Shareholders' Equity$54.30M$41.74M$34.16M$33.05M$31.75M$23.65M$20.82M$18.88M$17.20M$14.24M
Cash & Equivalents$3.39M$3.52M
Operating Cash Flow$14.30M$5.16M$7.73M-$6.33M$9.13M$7.49M$3.93M$8.47M$2.93M$4.00M
Capital Expenditures$9.34M$6.20M$5.01M$2.75M$5.37M$2.63M$4.51M$5.23M$2.74M$3.75M
Shares Outstanding5.30M5.29M5.29M5.25M5.2K5.19M5.1K5.1K5.1K5.07M