Smith Midland (SMID) EBITDA Margin (2009 - 2026)
Smith Midland's EBITDA Margin was 12.93% in Q2 2026, down 10.56 percentage points from 23.48% a year earlier but up 0.51 percentage points from the prior quarter.
Smith Midland (SMID) EBITDA Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Smith Midland's EBITDA Margin was 16.06% through Jun 30, 2026, down 5.46 percentage points year-over-year; for FY2025, it was 21.28%, up 5.27 percentage points from FY2024.
- EBITDA Margin shows a five-year change of +7.21 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 16.00% in FY2024 (+10.10 pp), 5.90% in FY2023 (-1.55 pp), 7.45% in FY2022 (-10.00 pp) and 17.45% in FY2021 (+3.38 pp).
- Quarterly EBITDA Margin has moved between -2.71% (Q2 2023) and 24.78% (Q3 2024) over five years.
- Compared with a year earlier, EBITDA Margin was higher in four of the last seven quarters, with an average year-over-year change of +1.07 percentage points.
- The best year-over-year quarter for EBITDA Margin over five years was Q3 2024 (a gain of 11.22 percentage points); the worst was Q1 2022 (a drop of 24.15 percentage points).
- Per Business Quant data, SMID's EBITDA Margin in the three quarters before Q2 2026 was 12.42% (Q1 2026), 18.20% (Q4 2025) and 20.82% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 21.42% |
| 2 | Johnson Controls International | 85.49 Bn | 85.52 Bn | 2.71 Bn | - |
| 3 | Carrier Global | 43.38 Bn | 38.12 Bn | 1.90 Bn | -31.12% |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 17.85% |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | 16.89% |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 29.82% |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | - |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 27.35% |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 23.37% |
| 10 | Smith Midland | 114.15 Mn | 65.01 Mn | 5.42 Mn | 12.93% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.93% |
| Mar 31, 2026 | 12.42% |
| Dec 31, 2025 | 18.20% |
| Sep 30, 2025 | 20.82% |
| Jun 30, 2025 | 23.48% |
| Mar 31, 2025 | 22.28% |
| Dec 31, 2024 | 13.69% |
| Sep 30, 2024 | 24.78% |
| Mar 31, 2024 | 12.83% |
| Dec 31, 2023 | 6.99% |
| Sep 30, 2023 | 13.55% |
| Jun 30, 2023 | -2.71% |
| Mar 31, 2023 | 5.05% |
| Dec 31, 2022 | 4.69% |
| Sep 30, 2022 | 6.11% |
| Jun 30, 2022 | 13.53% |
| Mar 31, 2022 | 5.08% |
| Dec 31, 2021 | 5.15% |
| Sep 30, 2021 | 14.70% |
| Jun 30, 2021 | 15.84% |
Smith Midland EBITDA Margin 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=ebitda-margin&ticker=SMID&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=SMID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();