Smith-Midland Corporation

Smith-Midland Corporation

SMIDยทNASDAQ

$29.95

-4.6%
Basic MaterialsConstruction Materials

Smith-Midland Corporation, through its subsidiaries, invents, develops, manufactures, markets, leases, licenses, sells, and installs precast concrete products primarily for use in the construction, highway, utilities, and farming industries. It offers SlenderWall, a patented, lightweight, energy efficient concrete and steel exterior wall panel for use in building construction; Sierra Wall that provides sound and sight barrier for use alongside highways around residential, industrial, and commercial properties; J-J Hooks highway safety barriers for use on roadways to separate lanes of traffic in construction work zone or traffic control purposes; and Easi-Set precast building and Easi-Span expandable precast buildings for use in housing communications operations, traffic control systems, and mechanical and electrical stations. The company also provides Easi-Set utility vaults for house equipment, such as cable, telephone, or traffic signal equipment, and for underground storage, as well as custom-built utility vaults for special needs; SoftSound soundwall panels to absorb highway noise; Beach Prisms, an erosion control module for seawalls and jetties; and H2Out secondary drainage systems for panelized exterior cladding. In addition, it licenses its proprietary products in Canada, Australia, Belgium, Mexico, New Zealand, and Trinidad. The company markets its products through in-house sales force and independent sales representatives to contractors performing public and private construction contracts, such as construction of commercial buildings, public and private roads and highways, airports, and municipal utilities; and federal, state, and local transportation authorities. Smith-Midland Corporation was incorporated in 1960 and is based in Midland, Virginia.

At a Glance

Live Snapshot
Market Cap$158.93M
EPS2.3600
P/E Ratio12.69
Earnings Date05/25/2026
3Y+86.0%
5Y+113.0%
10Y+133.0%
3Y+1463.0%
5Y+369.0%
10Y+341.0%
3Y-326.0%
5Y+91.0%
10Y+258.0%
Smith-Midland Corporation

Smith-Midland Corporation Profit Bridge

SMID ยท NASDAQ
Revenue93.45M
Cost of Goods Sold (67.41M)
Gross Profit26.04M
Operating Expenses (9.04M)
Operating Income16.99M
Interest Expense (225.00K)
Other Income/Expense32.00K
Pretax Income17.03M
Income Tax (4.52M)
Net Income12.51M
Net Income
12.51M

Profitability Analysis

Gross Margin

27.9%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

18.2%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

13.4%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

26.5%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Smith-Midland Corporation Income Statement

SMID โ€ข NASDAQ

Smith-Midland Corporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
93.4M
78.5M
59.6M
50.1M
50.6M
43.9M
46.7M
40.2M
41.7M
40.1M
29.2M
22.5M
27.7M
24.9M
26.7M
31.7M
29.5M
29.9M
31.5M
29.4M
GROSS PROFIT
(67.4M)
(58.5M)
(48.9M)
(40.7M)
(36.2M)
(32.8M)
(36.7M)
(29.7M)
(30.1M)
(29.7M)
(22.1M)
(18.6M)
(21.1M)
(19.4M)
(22.1M)
(22.7M)
(20.9M)
(23.2M)
(23.9M)
(24.8M)
26M
20M
10.7M
9.5M
14.4M
11M
10M
10.5M
11.6M
10.3M
7.1M
3.8M
6.6M
5.4M
4.6M
9M
8.6M
6.7M
7.7M
4.6M
OPERATING INCOME
(9M)
(10.1M)
(9.5M)
(8.6M)
(8.3M)
(7.3M)
(7.4M)
(8.3M)
(7.9M)
(6M)
(5.5M)
(5.2M)
(5.4M)
(4.9M)
(5.2M)
(5.2M)
(5.5M)
(5.7M)
(5.1M)
(5.5M)
(9M)
(10.1M)
(9.5M)
(8.6M)
(8.3M)
(7.3M)
(7.4M)
(8.3M)
(7.9M)
(6M)
(5.5M)
(5.2M)
(5.4M)
(4.9M)
(5.2M)
(5.2M)
(5.5M)
(5.7M)
(5.1M)
(5.5M)
17M
9.9M
1.1M
854K
6.2M
3.8M
2.5M
2.2M
3.7M
4.3M
1.7M
-1.2M
1.3M
687.8K
-364.8K
3.9M
3.1M
960.6K
2.5M
-878.4K
PRE-TAX INCOME
(225K)
(231K)
(255K)
(260K)
(190K)
(217K)
(179K)
(176K)
(184K)
(162.5K)
(103.1K)
(116.2K)
(132K)
(134.8K)
(136.1K)
(155.7K)
(212.2K)
(343.1K)
(430K)
(396.5K)
-59K
-184K
-231K
-246K
-155K
-182K
-139K
-134K
-147K
-125K
-67.4K
-107.9K
-128.5K
-129.1K
-122.8K
-133.5K
-186.3K
-315.1K
-407.2K
-367.3K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(55K)
(51K)
(0.0)
(54.5K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
32K
-81K
205K
91K
2.9M
33K
-48K
43K
26K
-39K
24.4K
-107.9K
-197.2K
-129.1K
-122.8K
-133.5K
-123.6K
-271.6K
-420.1K
-381.4K
17M
9.8M
1.3M
945K
9.1M
3.8M
2.5M
2.3M
3.7M
4.3M
1.6M
-1.3M
1.1M
558.7K
-487.7K
3.8M
3M
689K
2.1M
-1.3M
NET INCOME
(4.5M)
(2.1M)
(528K)
(145K)
(1.5M)
(1.1M)
(549K)
(572K)
(1.1M)
(1.5M)
(557K)
-498K
(391K)
(182K)
-136K
(1.4M)
(1.2M)
(268K)
(876K)
-444K
12.5M
7.7M
795K
800K
7.6M
2.7M
1.9M
1.7M
2.7M
2.8M
1M
-804.8K
691.5K
376.7K
-351.7K
2.4M
1.8M
421K
1.3M
-815.8K

SEC Filings

SMID - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

June 02, 2026
June 01, 2026
2026
8-K

8-K 2026

N/A

April 14, 2026
April 14, 2026
2026
10-K

10-K 2025 FY

FY

April 14, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 24, 2026
March 23, 2026
2026
8-K

8-K 2025

N/A

November 14, 2025
November 13, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 14, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

August 21, 2025
August 21, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 14, 2025
June 30, 2025
2025
8-K

8-K 2025

N/A

August 14, 2025
August 14, 2025
2025
8-K

8-K 2025

N/A

August 06, 2025
August 01, 2025
2025
Showing 1 to 10 of 258 filings