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SMITH MIDLAND CORP SMID
Nasdaq · stock · Concrete Products, Except Block & Brick · website · IPO 1995-12-13
SMITH MIDLAND CORP financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $93.4M | $78.5M | $59.6M | $50.1M | $50.6M | $43.9M | $46.7M | $40.2M | $41.7M | $40.0M |
| Gross profit | $26.0M | $20.0M | $10.7M | $9.5M | $14.4M | $11.0M | $10.0M | $10.5M | $11.5M | $10.3M |
| Operating income | $17.0M | $9.9M | $1.1M | $854,000 | $6.2M | $3.8M | $2.5M | $2.2M | $3.7M | $4.3M |
| Interest expense | $225,000 | $231,000 | $255,000 | $260,000 | $190,000 | $217,000 | $179,000 | $176,000 | $184,000 | $162,000 |
| Income tax | $4.5M | $2.1M | $528,000 | $145,000 | $1.5M | $1.1M | $549,000 | $572,000 | $1.1M | $1.5M |
| Net income | $12.5M | $7.7M | $795,000 | $800,000 | $7.6M | $2.7M | $1.9M | $1.7M | $2.7M | $2.8M |
| EPS (diluted) | $2.36 | $1.45 | $0.15 | $0.15 | $1.45 | $0.51 | $0.38 | $0.33 | $0.53 | $0.56 |
| Operating cash flow | $14.3M | $5.2M | $7.7M | -$6.3M | $9.1M | $7.5M | $3.9M | $8.5M | $2.9M | $4.0M |
| Free cash flow | $5.0M | -$1.0M | $2.7M | -$9.1M | $3.8M | $4.9M | -$581,000 | $3.2M | $185,000 | $250,000 |
| Cash & equivalents | — | — | — | — | $13.5M | $8.8M | — | — | $3.4M | $3.5M |
| Total assets | $87.7M | $68.0M | $61.3M | $54.3M | $53.3M | $46.5M | $42.1M | $41.4M | $29.2M | $23.4M |
| Total liabilities | $33.4M | $26.3M | $27.2M | $21.3M | $21.5M | $22.9M | $21.3M | $22.5M | $12.0M | $9.2M |
| Shareholders' equity | $54.3M | $41.7M | $34.2M | $33.1M | $31.8M | $23.6M | $20.8M | $18.9M | $17.2M | $14.2M |
Growth · year-over-year · Revenue CAGR 9.9%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +19.0% | +31.8% | +18.8% | -1.0% | +15.5% | -6.1% | +16.1% | -3.6% | +4.2% | +37.1% |
| Net income growth | +62.9% | +865.4% | -0.6% | -89.4% | +184.1% | +36.7% | +15.5% | -37.1% | -5.3% | +171.5% |
| EPS growth | +62.8% | +866.7% | +0.0% | -89.7% | +184.3% | +34.2% | +15.2% | -37.7% | -5.4% | +166.7% |
| Free cash flow growth | — | -138.4% | — | -341.6% | -22.7% | — | -117.9% | +1650.3% | -26.0% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.