SMIDNasdaqConcrete Products, Except Block & BrickFiscal year ends December 31
SMITH MIDLAND CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$22.05−0.60 (-2.65%)
Close on Oct 19, 2026
- Market cap
- $117.02M
- P/E (TTM)
- 9.3
- Dividend yield
- –
Smith Midland statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Concrete Products, Except Block & Brick companies for comparison
Valuation
| Measure | Smith Midland | Industry median |
|---|---|---|
| Market Cap | $116.97M | $1.29B |
| Enterprise Value | $109.78M | $3.68B |
| PS Ratio | 1.31 | 1.31 |
| PB Ratio | 2.05 | 2.01 |
| P/TBV Ratio | 2.05 | 3.58 |
| P/FCF Ratio | 28.06 | 17.91 |
| P/OCF Ratio | 8.04 | 8.14 |
Enterprise value
| Measure | Smith Midland | Industry median |
|---|---|---|
| EV / Sales | 1.23 | 1.49 |
| EV / EBITDA | 7.64 | 8.52 |
| EV / EBIT | 10.16 | 13.33 |
| EV / FCF | 26.34 | 22.80 |
Income (trailing twelve months)
| Measure | Smith Midland | Industry median |
|---|---|---|
| Revenue | $89.50M | $1.88B |
| Gross Profit | $21.00M | $521.80M |
| Operating Income | $10.80M | $76.49M |
| Pretax Income | $10.77M | $10.77M |
| Net Income | $7.73M | $37.41M |
| EBITDA | $14.37M | $233.35M |
Margins
| Measure | Smith Midland | Industry median |
|---|---|---|
| Gross Margin | 23.5% | 26.5% |
| Operating Margin | 12.1% | 6.71% |
| Pretax Margin | 12.0% | 4.89% |
| Profit Margin | 8.63% | 3.60% |
| EBITDA Margin | 16.1% | 10.8% |
| FCF Margin | 4.66% | 4.46% |
Returns
| Measure | Smith Midland | Industry median |
|---|---|---|
| Return on Equity (ROE) | 14.5% | 7.53% |
| Return on Assets (ROA) | 17.8% | 2.59% |
| Return on Invested Capital (ROIC) | 16.8% | 3.62% |
| Return on Capital Employed (ROCE) | 14.3% | 4.13% |
Growth
| Measure | Smith Midland | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -1.65% | 2.34% |
| Net Income Growth (YoY) | -35.8% | -20.1% |
| Revenue Growth (3Y CAGR) | 23.1% | 3.87% |
| Revenue Growth (5Y CAGR) | 16.3% | 7.38% |
| EPS Growth (3Y CAGR) | 150.6% | 1.67% |
| EPS Growth (5Y CAGR) | 35.9% | 31.2% |
Balance sheet
| Measure | Smith Midland | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $10.66M | $84.28M |
| Total Debt | $3.48M | $1.05B |
| Net Cash (Debt) | $7.19M | -$299.02M |
| Net Cash Per Share | $1.36 | -$3.18 |
| Equity (Book Value) | $57.04M | $656.05M |
| Book Value Per Share | $10.75 | $11.01 |
| Tangible Book Value | $57.04M | $116.78M |
| Working Capital | $34.73M | $207.67M |
Financial position
| Measure | Smith Midland | Industry median |
|---|---|---|
| Current Ratio | 4.06 | 1.59 |
| Quick Ratio | 2.95 | 0.77 |
| Debt / Equity | 0.06 | 0.47 |
| Debt / EBITDA | 0.24 | 2.32 |
| Debt / FCF | 0.83 | 4.78 |
| Net Debt / EBITDA | -0.50 | 1.93 |
| Interest Coverage | 48.88 | 5.89 |
Cash flow (trailing twelve months)
| Measure | Smith Midland | Industry median |
|---|---|---|
| Operating Cash Flow | $14.55M | $272.22M |
| Capital Expenditures | -$10.38M | -$237.44M |
| Free Cash Flow | $4.17M | $49.67M |
| FCF Per Share | $0.79 | $0.21 |
Efficiency
| Measure | Smith Midland | Industry median |
|---|---|---|
| Asset Turnover | 2.06 | 0.71 |
| Revenue Per Employee | $314.03K | $342.24K |
| Profits Per Employee | $27.12K | $13.69K |
| Employee Count | 285 | 5,800 |
Dividends and yields
| Measure | Smith Midland | Industry median |
|---|---|---|
| Earnings Yield | 6.61% | 5.85% |
| FCF Yield | 3.56% | 3.28% |
Shares
| Measure | Smith Midland | Industry median |
|---|---|---|
| Shares Outstanding | 5,304,610 | 44,364,600 |
| Shares Change (QoQ) | 0.01% | -0.67% |
| Float | 2,672,540 | 30,320,100 |
| Shares Held by Insiders | 49.6% | 3.04% |
| Shares Held by Institutions | 57.0% | 70.9% |
Taxes
| Measure | Smith Midland | Industry median |
|---|---|---|
| Income Tax | $3.05M | $102.70M |
| Effective Tax Rate | 28.3% | 31.0% |
Scores
| Measure | Smith Midland | Industry median |
|---|---|---|
| Altman Z-Score | 5.09 | 1.96 |
| Piotroski F-Score | 8 | 5.50 |
Calculated by StockData from Smith Midland's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.