Smith Midland (SMID) Gross Margin (2011 - 2026)
Smith Midland (SMID) posted Gross Margin of 19.95% for Q1 2026, down 50.05% sequentially from 39.94% in Q4 2025, and down 5660.0% YoY from 0.36% in Q1 2025.
Smith Midland (SMID) Gross Margin (2011 - 2026) Analysis & Trends
Smith Midland has reported Gross Margin for 16 years, with the latest figure at 19.95% in Q1 2026.
- Quarterly Gross Margin fell 5660.0% year-over-year to 19.95% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 34.2% (down 106.0% YoY) and the FY2025 annual result came in at 53.94%, up 2845.0% from the prior year.
- Gross Margin eased to 19.95% in Q1 2026 per SMID's latest filing, from 39.94% in the prior quarter.
- Over five years, Gross Margin peaked at 76.55% in Q1 2025 and troughed at 70.29% in Q4 2023.
- A 5-year average of 22.16% and a median of 26.28% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin plunged 7854 bps in 2023, then surged 9396 bps in 2024.
- Over 5 years, Gross Margin stood at 8.25% in 2022, then plunged by 952 bps to 70.29% in 2023, then soared by 134 bps to 23.67% in 2024, then jumped by 69 bps to 39.94% in 2025, then plunged by 50 bps to 19.95% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 19.95%, 39.94%, and 26.85% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 63.48 Bn | 60.39 Bn | 4.29 Bn | 39.84% |
| 2 | Vulcan Materials | 35.79 Bn | 35.59 Bn | 625.50 Mn | 29.01% |
| 3 | Martin Marietta Materials | 32.15 Bn | 32.03 Bn | 495.00 Mn | 25.42% |
| 4 | Amrize | 25.08 Bn | 24.35 Bn | 993.00 Mn | 28.42% |
| 5 | James Hardie Industries | 17.52 Bn | 17.23 Bn | 548.70 Mn | 37.21% |
| 6 | Cemex Sab De Cv | 15.67 Bn | 15.67 Bn | 1.62 Bn | 35.22% |
| 7 | Eagle Materials | 6.34 Bn | 6.11 Bn | 161.25 Mn | 24.77% |
| 8 | Knife River | 3.70 Bn | 3.60 Bn | 162.77 Mn | 17.34% |
| 9 | United States Lime & Minerals | 3.45 Bn | 3.04 Bn | 46.72 Mn | 47.13% |
| 10 | Smith Midland | 147.27 Mn | 136.61 Mn | 5.42 Mn | 23.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.95% |
| Dec 31, 2025 | 39.94% |
| Sep 30, 2025 | 26.85% |
| Mar 31, 2025 | 76.55% |
| Dec 31, 2024 | 23.67% |
| Sep 30, 2024 | 27.89% |
| Mar 31, 2024 | 36.37% |
| Dec 31, 2023 | -70.29% |
| Sep 30, 2023 | 22.85% |
| Jun 30, 2023 | 12.15% |
| Mar 31, 2023 | 26.28% |
| Dec 31, 2022 | 8.25% |
| Sep 30, 2022 | 29.42% |
| Jun 30, 2022 | 24.37% |
| Mar 31, 2022 | 28.17% |
| Dec 31, 2021 | 7.59% |
| Sep 30, 2021 | 44.44% |
| Jun 30, 2021 | 45.75% |
| Mar 31, 2021 | 77.12% |
| Dec 31, 2020 | 29.12% |