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Smith-Midland(NASDAQ) SMID

Current Price$30.11
Market Cap$159.78MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1995)+547%
5 Year+63%
1 Year-21%
1 Month-1%
Smith-Midland last closing stock price
MetricPriceDate
Last closeUSD 29.842026-07-23
Smith-Midland stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+2.05%USD 29.242026-07-16
1 month-1.13%USD 30.182026-06-23
3 month-12.7%USD 34.182026-04-24
Year to date-17.89%USD 36.342025-12-31
1 year-20.72%USD 37.642025-07-23
3 year+23.51%USD 24.162023-07-24
5 year+62.97%USD 18.312021-07-23
Since inception+547.4%USD 4.651995-12-13

Smith-Midland Financials at a Glance

Market Cap

$159.78MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$92.32M

Net Income (TTM)

$10.52M

EPS (TTM)

$1.98

P/E Ratio

15.19

Dividend

$0.00

Beta (Volatility)

1.02 (Average)

Price

$30.11

Volume

21,033.011

Open

$30.11

Previous Close

$29.84

Daily Range

$29.25 - $30.50

52-Week Range

$25.60 - $43.66

Estimated Earnings Date

Aug 13, 2026

SMID News

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Smith-Midland Revenue Jumps 33% in Q2

Motley Fool Markets TeamAug 14, 2025

SMID: Motley Fool Moneyball Superscore

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About Smith-Midland

Smith-Midland makes concrete barriers and building panels for highways and buildings. Its products help keep roads safer and buildings more efficient. Contractors and government agencies use these solutions for public works and infrastructure projects.

Concrete Solutions: What Smith-Midland Sells

  • Product Sales (52%): Precast concrete panels, sound barriers, and utility vaults for construction and infrastructure.
  • Barrier Rentals (21%): Temporary highway safety barriers rented to contractors and transportation authorities.
  • Shipping & Installation (23%): Delivery and on-site setup of concrete products for clients.
  • Royalty Income (4%): Licensing fees from international partners using Smith-Midland’s patented products.

Building Out: Growth Moves and Milestones

  • Expanded barrier rental fleet and manufacturing capacity in North Carolina and Virginia in 2025.
  • Increased capital spending to $9.3 million in 2025, with plans for $12 million+ in 2026.
  • Grew international licensing, adding partners in Canada, Australia, Belgium, Mexico, New Zealand, and Trinidad.
  • Focused on proprietary product development and new regulatory approvals in 2025.

Why Smith-Midland Stands Out

Smith-Midland licenses its patented products globally, extending its reach beyond the US. The company’s focus on barrier rentals and bundled services supports recurring revenue. Lean manufacturing and regulatory approvals help maintain efficiency and market access.

Five Things You Need to Know

  • Revenue was $93.4 million in 2025, up 19% from 2024.
  • Barrier rentals grew 64% in 2025, reaching $19.7 million.
  • Net income was $12.5 million in 2025, up 63% from 2024.
  • Operating cash flow was $14.3 million in 2025, up from $5.2 million in 2024.

Bottom Line

Smith-Midland has diversified its business with rentals, licensing, and new products. The company adapts to industry needs while expanding its reach and recurring revenue streams.

AI Generated • Apr 16, 2026

Industry

Construction Materials

Sector

Materials

Employees

285

CEO

Ashley B. Smith

Website

www.smithmidland.com

Headquarters

Midland, VA 22728, US

SMID Financials

Key Financial Metrics (TTM)

Gross Margin

25.31%

Operating Margin

15.53%

Net Income Margin

11.39%

Return on Equity

19.91%

Return on Capital

28.88%

Return on Assets

11.41%

Earnings Yield

6.58%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$159.78MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

5.31M

Volume

21.03K

Avg. Volume

12.85K

Financials (TTM)

Gross Profit

$23.37M

Operating Income

$14.34M

EBITDA

$17.60M

Operating Cash Flow

$15.21M

Capital Expenditure

-$10.37M

Free Cash Flow

$4.84M

Cash & ST Invst.

$13.22M

Total Debt

$4.37M

Smith-Midland Performance Analysis

Smith-Midland annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 50,131,000-1.0%
20232023-12-31USD 59,580,00018.8%
20242024-12-31USD 78,508,00031.8%
20252025-12-31USD 93,446,00019.0%
Smith-Midland sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-3015.4%
Q32025-09-30-18.1%
Q42025-12-317.7%
Q12026-03-31-6.7%
Smith-Midland annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 0.15-89.5%
20232023-12-31USD 0.15-1.4%
20242024-12-31USD 1.45866.1%
20252025-12-31USD 2.3662.5%
Smith-Midland sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-3027.4%
Q32025-09-30-31.6%
Q42025-12-31-24.1%
Q12026-03-31-39.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$21.57M

-5.0%

Gross Profit

$4.30M

-38.3%

Gross Margin

19.95%

N/A

Market Cap

$159.78MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$892.63K

N/A

Employees

179

N/A

Net Income

$1.34M

-59.8%

EBITDA

$2.76M

-45.6%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$13.22M

+46.8%

Total Debt

$4.37M

-13.2%

Accounts Receivable

$29.91M

+25.5%

Inventory

$7.22M

-3.6%

Long Term Debt

$3.69M

-15.2%

Short Term Debt

$676.00K

-0.6%

Return on Assets

11.41%

N/A

Return on Invested Capital

18.96%

N/A

Free Cash Flow

$1.50M

-7.5%

Operating Cash Flow

$3.13M

+41.2%

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Questions About SMID

What is the current price of Smith-Midland?

Smith-Midland is trading at $29.84 per share.

What is the 52-week range for Smith-Midland?

Over the past 52 weeks, Smith-Midland has traded between $25.60 and $43.66.

How much debt does Smith-Midland have?

As of the most recent reporting period, Smith-Midland reported total debt of $4.37M.

How much cash does Smith-Midland have on hand?

Smith-Midland reported $13.22M in cash and cash equivalents in its most recent financial results.

What is Smith-Midland’s dividend yield?

Smith-Midland does not currently have a dividend yield.

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