SMID

SMITH MIDLAND CORP
—

Company Information

Company Name
SMITH MIDLAND CORP
CIK
CIK0000924719
Category
Non-accelerated filer<br>Smaller reporting company
Ticker: Exchange
SMID: Nasdaq
Fiscal Year End
December 31
Owner Organization
04 Manufacturing
SIC
3272
SIC Description
Concrete Products, Except Block & Brick
Ticker
SMID

SEC filing data through

Insider Sentiment

Last purchase
2026-09-02
Last sale
2025-11-24
Shares purchased (TTM)
4,000
Shares sold (TTM)
666
Buy ratio (TTM)85.7%

Institutional Sentiment

As of
2026-06-30
Institutional shares owned
2,994,870
Shares outstanding
5,307,000
Ownership
56.43%
-8.73% Y/Y

Earnings Market Reaction

Filing date
2026-08-14
Price on filing date
—
1-month reaction
-7.73%
3-month reaction
…
Drift continued3/8 (38%)
Faded / reversed5/8 (63%)

Balance Sheet

Values in millions ($)
Line item2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Assets
Cash And Cash Equivalents At Carrying Value1113121379890796
Cash-----------6
Accounts Receivable Net
Accounts Receivable Net Current23282725023191817201717
Accounts Receivable Gross Current----------17-
Unbilled Receivables Current221101111111
Inventory Net
Inventory Raw Materials222202223322
Inventory Finished Goods755505544432
Prepaid Expense Current112201112111
Income Taxes Receivable-----------0
Prepaid Taxes----------0-
Income Tax Receivable1-----------
Assets Current46524950042363534363330
Property Plant And Equipment Net40403835033323130292827
Other Assets111100000000
Assets87928885075686764656158
Accounts Payable Trade Current685606555775
Accounts Payable And Other Accrued Liabilities Current1-----------
Liabilities And Stockholders Equity
Deferred Revenue Current211404433332
Accrued Bonuses Current---201------
Accrued Income Taxes-22---201100
Accrued Liabilities Current201000011211
Accrued Income Taxes Current0--303------
Operating Lease Liability Current000000000000
Notes Payable Current111101111111
Customer Deposits Current122302213332
Operating Lease Liability----------0-
Liabilities Current11171418017151315171613
Deferred Revenue Noncurrent1315141107676644
Operating Lease Liability Noncurrent000000000000
Long Term Notes Payable344404455555
Deferred Income Tax Liabilities11100002222-
Liabilities30373333030262627302724
Stockholders Equity
Deferred Income Tax Liabilities Net----------22
Preferred Stock Value000000000000
Common Stock Value000000000000
Additional Paid In Capital888808888888
Treasury Stock Common Value-0-0-0-0-0-0-0-0-0-0-0-
Retained Earnings Accumulated Deficit49484744037343330282626
Stockholders Equity575654-494542400353434
Treasury Stock Value-----------0-
Liabilities And Stockholders Equity87928885075686764656158
Allowance For Doubtful Accounts Receivable111111111111
Stockholders Equity Note
Preferred Stock Par Or Stated Value Per Share0.010.010.010.010.010.010.010.010.010.010.010.01
Preferred Stock Shares Authorized111111111111
Preferred Stock Shares Issued000000000000
Preferred Stock Shares Outstanding000000000000
Common Stock Par Or Stated Value Per Share0.010.010.010.010.010.010.010.010.010.010.010.01
Common Stock Shares Authorized888888888888
Common Stock Shares Issued555555555555
Shares Outstanding555555555555
Treasury Stock Common Shares0000000000-0

Select a line item above to chart it.

Recent filings

Financial statements beyond 3 years are for subscribers only.

Unlock 17+ years of income statements, balance sheets, and cash flow statements

Start 7-day free trial

SMITH MIDLAND CORP (SMID) — SEC Financial Statements & Analysis

SMITH MIDLAND CORP (SMID) is a concrete products, except block & brick company, incorporated in DE. SMITH MIDLAND CORP trades on Nasdaq as: SMID. SMITH MIDLAND CORP (SMID)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-14. Based on that filing, SMITH MIDLAND CORP carries a market cap of $153.90M, a P/E ratio of 19.91x, a P/B ratio of 2.70x, a P/S ratio of 1.72x, an enterprise value of $147.38M, and an EV/EBITDA multiple of 10.25x. On profitability, it posts a gross margin of 23.46%, an operating margin of 12.07%, a net margin of 8.63%, a Return on Equity (ROE) of 14.54%, a Return on Assets (ROA) of 17.81%, and a Return on Invested Capital (ROIC) of 16.10%. Per share, it reports EPS of $1.46, diluted EPS of $1.46, free cash flow per share of $0.79, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of -1.65% year-over-year, net income growth of -44.89% year-over-year, and EPS growth of -44.92% year-over-year. On the balance sheet, it maintains a current ratio of 4.06x, a quick ratio of 3.38x, working capital of $34.73M, a debt-to-equity ratio of 0.52x, a debt ratio of 0.34, an interest coverage ratio of 48.88x, free cash flow of $4.17M (TTM), and net debt of $-6.53M. Figures sourced from SEC EDGAR.

Market Cap
$153.90M
P/E TTM
19.91x
EPS TTM
$1.46
P/B TTM
2.70x
ROE TTM
14.54%
ROA TTM
17.81%
Debt To Equity
0.52x
Free Cash Flow TTM
$4.17M
Net Revenue TTM Growth 1Y
-1.65%

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is SMITH MIDLAND CORP in?

SMITH MIDLAND CORP (SMID) operates in the Concrete Products, Except Block & Brick industry.

What exchange does SMID trade on?

SMITH MIDLAND CORP (SMID) trades on the Nasdaq.

Where is SMITH MIDLAND CORP incorporated?

SMITH MIDLAND CORP is incorporated in DE.

When was SMITH MIDLAND CORP (SMID)'s most recent SEC filing?

SMITH MIDLAND CORP (SMID)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-14.

What is SMID's market cap?

SMITH MIDLAND CORP (SMID) has a market capitalization of $153.90M as of 2026-06-30.

What is SMID's P/E ratio?

SMITH MIDLAND CORP (SMID)'s trailing twelve month P/E ratio is 19.91x as of 2026-06-30.

What is SMID's EPS (earnings per share)?

SMITH MIDLAND CORP (SMID)'s trailing twelve month EPS is $1.46 as of 2026-06-30.

What is SMID's ROE (return on equity)?

SMITH MIDLAND CORP (SMID)'s trailing twelve month Return on Equity (ROE) is 14.54% as of 2026-06-30.

What is SMID's ROA (return on assets)?

SMITH MIDLAND CORP (SMID)'s trailing twelve month Return on Assets (ROA) is 17.81% as of 2026-06-30.

What is SMID's ROIC (return on invested capital)?

SMITH MIDLAND CORP (SMID)'s trailing twelve month Return on Invested Capital (ROIC) is 16.10% as of 2026-06-30.

What is SMID's EV/EBITDA?

SMITH MIDLAND CORP (SMID)'s trailing twelve month EV/EBITDA is 10.25x as of 2026-06-30.

Wall Street's data.
Main Street's price.