Smith Midland (SMID) Gross Margin (2016 - 2025)
Smith Midland's Gross Margin history spans 15 years, with the latest figure at 26.85% for Q3 2025.
- For Q3 2025, Gross Margin fell 3433.0% year-over-year to 26.85%; the TTM value through Sep 2025 reached 96.75%, up 5759.0%, while the annual FY2024 figure was 43.86%, 2598.0% up from the prior year.
- Gross Margin for Q3 2025 was 26.85% at Smith Midland, down from 30.73% in the prior quarter.
- Across five years, Gross Margin topped out at 61.17% in Q3 2024 and bottomed at 66.3% in Q4 2024.
- The 5-year median for Gross Margin is 23.34% (2024), against an average of 21.26%.
- The largest YoY upside for Gross Margin was 4642bps in 2024 against a maximum downside of -8535bps in 2024.
- A 5-year view of Gross Margin shows it stood at 21.79% in 2021, then dropped by -21bps to 17.31% in 2022, then grew by 10bps to 19.06% in 2023, then tumbled by -448bps to 66.3% in 2024, then skyrocketed by 140bps to 26.85% in 2025.
- Per Business Quant, the three most recent readings for SMID's Gross Margin are 26.85% (Q3 2025), 30.73% (Q1 2025), and 66.3% (Q4 2024).