SMITH MIDLAND CORP (SMID) › Shareholders' EquitySMITH MIDLAND CORP (SMID) — Shareholders' EquityAnnual figures by fiscal year, from SEC filings.2010: $10.96M2011: $10.73M2012: $10.87M2013: $11.42M2014: $10.47M2015: $11.39M2016: $14.24M2017: $17.20M2018: $18.88M2019: $20.82M2020: $23.65M2021: $31.75M2022: $33.05M2023: $34.16M2024: $41.74M2025: $54.30M$54.30M2010Shareholders' Equity (USD)2025Fiscal YearShareholders' EquityChange YoY2025$54.30M+30.1%2024$41.74M+22.2%2023$34.16M+3.3%2022$33.05M+4.1%2021$31.75M+34.3%2020$23.65M+13.6%2019$20.82M+10.3%2018$18.88M+9.8%2017$17.20M+20.8%2016$14.24M+25.0%2015$11.39M+8.7%2014$10.47M-8.3%2013$11.42M+5.1%2012$10.87M+1.3%2011$10.73M-2.1%2010$10.96M—Other metrics: RevenueCost of RevenueGross ProfitOperating IncomeNet IncomeEPS (Diluted)Total AssetsTotal LiabilitiesCash & EquivalentsOperating Cash FlowCapital ExpendituresShares OutstandingDividends Per Share