Smith Midland (SMID) Change in Inventory (2011 - 2026)
Smith Midland (SMID) recorded Change in Inventory of $1.32 million in Q2 2026, compared with -$299,000 a year earlier and up 355.7% from the prior quarter.
Smith Midland (SMID) Change in Inventory (2011 - 2026) Analysis & Trends
On a TTM basis, Smith Midland's Change in Inventory came in at $1.33 million as of Jun 30, 2026, down 35.2% year-over-year; for FY2025, it was $229,000, down 85.1% from FY2024.
- Annual Change in Inventory has a five-year compound annual growth rate of 36.7% (FY2020 to FY2025).
- Across earlier years, Change in Inventory came in at $1.54 million in FY2024 (+14.1%), $1.35 million in FY2023 (+36.9%), $987,000 in FY2022 and -$651,000 in FY2021.
- The Q2 2026 figure is the highest quarterly Change in Inventory since Q1 2024.
- Per Business Quant, the preceding three quarters came in at $289,000 (Q1 2026), -$984,000 (Q4 2025) and $705,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | - |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 26.00 Mn |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 10.86 Mn |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 197.00 Mn |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 21.00 Mn |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | -26.00 Mn |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | -7.00 Mn |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | - |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 12.80 Mn |
| 10 | Smith Midland | 121.00 Mn | 71.86 Mn | 5.42 Mn | 1.32 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.32 Mn |
| Mar 31, 2026 | 289,000.00 |
| Dec 31, 2025 | -984,000.00 |
| Sep 30, 2025 | 705,000.00 |
| Jun 30, 2025 | -299,000.00 |
| Mar 31, 2025 | 807,000.00 |
| Dec 31, 2024 | 449,000.00 |
| Sep 30, 2024 | 1.09 Mn |
| Jun 23, 2024 | -1.80 Mn |
| Mar 31, 2024 | 1.80 Mn |
| Dec 31, 2023 | 961,000.00 |
| Sep 30, 2023 | -544,000.00 |
| Jun 30, 2023 | 2.11 Mn |
| Mar 31, 2023 | -1.17 Mn |
| Dec 31, 2022 | -152,000.00 |
| Sep 30, 2022 | 453,000.00 |
| Jun 30, 2022 | 206,000.00 |
| Mar 31, 2022 | 480,000.00 |
| Dec 31, 2021 | -1.65 Mn |
| Sep 30, 2021 | 1.55 Mn |
Smith Midland Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=SMID&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "SMID", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=SMID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();