Smart Sand, Inc. (SND) stock

SNDNasdaqMining & Quarrying of Nonmetallic Minerals (No Fuels)Fiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 10, 2026Score 20/3031% below fair value

$4.58+0.09 (+2.00%)

Close on Nov 12, 2026Market cap $194.19MP/E 12.1Yield 3.28%

Smart Sand statistics

110 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 25, 2027 (estimated, during market hours)
Last ex-dividend date: Nov 18, 2026
Fundamentals through: Sep 30, 2026
Share price as of: Nov 12, 2026

Valuation ratiosIndustry

Market Cap: $194.19M; $967.66M
Enterprise Value: $185.73M; $476.41M
PE Ratio: 12.05; 23.13
PS Ratio: 0.48; 3.84
PB Ratio: 0.80; 1.82
P/TBV Ratio: 0.81; 2.34
P/FCF Ratio: 5.23; 17.58
P/OCF Ratio: 3.89; 10.29

Enterprise valuationIndustry

EV / Sales: 0.46; 2.47
EV / EBITDA: 6.70; 7.77
EV / EBIT: 15.91; 15.91
EV / FCF: 5.00; 20.90

Share statisticsIndustry

Shares Outstanding: 42M; 54M
Shares Change (YoY): 2.64%; 3.49%
Shares Change (QoQ): 0.38%; 0.11%
Float: 28M; 43M
Shares Held by Insiders: 34.4%; 4.98%
Shares Held by Institutions: 46.0%; 47.1%

Short sellingIndustry

Short Interest: 2M; –
Short Interest Change: -20.2%; 3.69%
Short % of Float: 5.56%; 6.30%
Short % of Shares Outstanding: 3.64%; 4.26%
Days to Cover: 7.57; 4.03

Stock price statisticsIndustry

52-Week High: $5.92; –
52-Week Low: $2.23; –
20-Day Moving Average: $4.65; –
50-Day Moving Average: $5.00; –
200-Day Moving Average: $4.88; –
Average True Range (14): $0.29; –
Price Change (1 Week): 17.1%; -1.42%
Price Change (1 Month): -12.9%; -12.8%
Price Change (3 Months): -10.2%; -20.4%
Price Change (6 Months): -3.17%; -30.1%
Price Change (YTD): 14.5%; -21.7%
Price Change (1 Year): 96.6%; -19.6%
Price Change (3 Years): 115.0%; 12.0%
Price Change (5 Years): 116.0%; 1.53%
Price Change (10 Years): -59.7%; 108.8%
Average Volume (10 Days): 343,843; –
Average Volume (20 Days): 275,718; –
Average Volume (90 Days): 264,108; –
Relative Volume: 1.84; 0.69
Relative Strength Index (14): 48.2; 42.6
Volatility (1 Year): 72.2%; 71.7%
Beta (5 Years): 0.92; 0.95

MarginsIndustry

Gross Margin: 13.9%; 26.4%
Operating Margin: 2.87%; 8.32%
Pretax Margin: 2.71%; 6.81%
Profit Margin: 3.90%; 4.23%
EBITDA Margin: 6.82%; 17.5%
FCF Margin: 9.14%; 8.80%

Returns on capitalIndustry

Return on Equity (ROE): 6.56%; 4.82%
Return on Assets (ROA): 4.55%; 0.31%
Return on Invested Capital (ROIC): 4.85%; 4.62%
Return on Capital Employed (ROCE): 3.92%; 2.90%

Financial positionIndustry

Current Ratio: 1.81; 2.66
Quick Ratio: 1.00; 1.32
Debt / Equity: 0.05; 0.56
Debt / EBITDA: 0.48; 2.00
Debt / FCF: 0.36; 5.99
Net Debt / EBITDA: -0.31; 1.96

GrowthIndustry

Revenue Growth (YoY): 21.2%; 4.96%
Net Income Growth (YoY): 305.8%; -1.36%
EPS Growth (YoY): 322.2%; 1.17%
FCF Growth (YoY): 228.4%; -9.17%
Revenue Growth (3Y CAGR): 8.89%; 7.47%
Revenue Growth (5Y CAGR): 22.0%; 15.5%
EPS Growth (5Y CAGR): -49.8%; 13.1%

EfficiencyIndustry

Asset Turnover: 1.17; 0.41
Inventory Turnover: 9.86; 4.62
Revenue Per Employee: $1.28M; $675.21K
Profits Per Employee: $49.81K; $10.17K
Employee Count: 318; 332
WACC: 9.30%; 9.40%

Income statement (TTM)Industry

Revenue: $406.50M; $427.14M
Gross Profit: $56.38M; $85.91M
Operating Income: $11.68M; $5.10M
Pretax Income: $11.03M; $16.77M
Net Income: $15.84M; $122.00K
EBITDA: $27.71M; $4.10M
EPS (Diluted): $0.38; $0.38

Balance sheetIndustry

Cash & Short-Term Investments: $21.66M; $56.30M
Total Debt: $13.20M; $159.08M
Net Cash (Debt): $8.46M; $9.32M
Net Cash Per Share: $0.20; $0.02
Equity (Book Value): $242.78M; $253.14M
Book Value Per Share: $5.73; $4.02
Tangible Book Value: $239.08M; $228.97M
Working Capital: $44.75M; $57.01M

Cash flow (TTM)Industry

Operating Cash Flow: $49.95M; -$306.74K
Capital Expenditures: -$12.81M; -$78.00M
Free Cash Flow: $37.14M; $43.06M
FCF Per Share: $0.88; $0.76

Dividends and yieldsIndustry

Earnings Yield: 8.16%; 3.37%
FCF Yield: 19.1%; 2.83%
Dividend Yield: 3.28%; 0.63%
Buyback Yield: 0.88%; 0.02%
Shareholder Yield: 4.15%; 0.15%
Dividend Per Share: $0.15; $0.24
Dividend Growth (YoY): 50.0%; 6.52%
Years of Dividend Growth: 1; 2
Payout Ratio: 64.0%; 7.16%
FCF Payout Ratio: 27.3%; 6.97%

Taxes and interestIndustry

Income Tax: -$4.81M; $23.40M
Effective Tax Rate: -43.6%; 23.1%

Scores and fair valueIndustry

Graham Number: $7.00; $39.80
Graham Upside: 52.8%; -37.3%
Altman Z-Score: 2.76; 2.71
Piotroski F-Score: 6; 5
Beneish M-Score: -3.21; -2.97

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.

Period	SND	S&P 500	Difference	SND per year	S&P 500 per year
1 month	-13.3%	-2.7%	−10.6 pts
3 months	-7.7%	-1.7%	−5.9 pts
Year to date	+19.3%	+11.9%	+7.5 pts
1 year	+109.9%	+12.0%	+97.9 pts
3 years	+158.0%	+78.2%	+79.8 pts	+37.1%	+21.2%
5 years	+151.9%	+73.2%	+78.6 pts	+20.3%	+11.6%
10 years	-53.0%	+309.6%	−362.6 pts	-7.3%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

2M SND shares were sold short on Oct 30, 2026, down 20.2% from the previous report, or 5.56% of the shares available to trade. At recent volumes it would take 7.6 days to buy them back. Over the last 20 sessions, 59.4% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	1,544,733	-20.2%	204,110	7.6
Oct 15, 2026	1,935,918	-5.2%	180,518	10.7
Sep 30, 2026	2,041,062	-1.2%	328,183	6.2
Sep 15, 2026	2,065,789	+3.0%	181,131	11.4
Aug 31, 2026	2,006,238	-0.0%	228,488	8.8
Aug 14, 2026	2,006,580	+4.8%	323,354	6.2
Jul 31, 2026	1,914,113	+4.9%	275,740	6.9
Jul 15, 2026	1,825,203	+41.8%	366,574	5.0
Jun 30, 2026	1,287,122	+87.6%	758,640	1.7
Jun 15, 2026	686,231	-9.2%	394,370	1.7
May 29, 2026	755,358	-5.8%	249,242	3.0
May 15, 2026	801,543	+9.9%	301,479	2.7