Smith Midland (SMID) Gross Margin (2011 - 2025)
Smith Midland recorded quarterly Gross Margin of 23.88% in Q4 2025, down 11.07% quarter-over-quarter from 26.85% in Q3 2025, and up 5443.0% year-over-year from 0.43% in Q4 2024.
Smith Midland's Gross Margin history runs 15 years deep, the most recent figure standing at 23.88% for Q4 2025.
- In Q4 2025, Gross Margin rose 5443.0% year-over-year to 23.88%; the TTM figure through Dec 2025 stood at 42.79% (down 600.0% YoY), while the FY2025 annual figure was 27.86%, down 1599.0% from the prior year.
- Gross Margin came in at 23.88% for Q4 2025 at Smith Midland, down from 26.85% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 61.17% in Q3 2024 to a low of 30.56% in Q4 2024.
- A 5-year average of 25.49% and a median of 26.56% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 4106 bps in 2024 and surged 5443 bps in 2025, its largest moves.
- Smith Midland's Gross Margin stood at 32.92% in 2021, then sank by 75 bps to 8.25% in 2022, then gained by 27 bps to 10.5% in 2023, then plunged by 391 bps to 30.56% in 2024, then jumped by 178 bps to 23.88% in 2025.
- According to Business Quant data, Gross Margin over the past three periods registered 23.88%, 26.85%, and 30.73% for Q4 2025, Q3 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 72.73 Bn | 70.50 Bn | 2.05 Bn | 27.75% |
| 2 | Vulcan Materials | 36.98 Bn | 36.86 Bn | 422.70 Mn | 24.07% |
| 3 | Martin Marietta Materials | 35.07 Bn | 34.80 Bn | 310.00 Mn | 22.76% |
| 4 | Amrize | 30.09 Bn | 28.98 Bn | 211.00 Mn | 9.69% |
| 5 | James Hardie Industries | 12.61 Bn | 12.15 Bn | 523.40 Mn | 37.28% |
| 6 | Eagle Materials | 7.08 Bn | 6.78 Bn | 106.33 Mn | 22.19% |
| 7 | Knife River | 4.45 Bn | 4.38 Bn | -2.77 Mn | -0.68% |
| 8 | United States Lime & Minerals | 3.26 Bn | 2.88 Bn | 41.75 Mn | 47.54% |
| 9 | Tecnoglass | 1.92 Bn | 1.83 Bn | 95.83 Mn | 38.49% |
| 10 | Smith Midland | 170.03 Mn | 158.14 Mn | 5.52 Mn | 23.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 23.88% |
| Sep 30, 2025 | 26.85% |
| Mar 31, 2025 | 30.73% |
| Dec 31, 2024 | -30.56% |
| Sep 30, 2024 | 61.17% |
| Mar 31, 2024 | 36.37% |
| Dec 31, 2023 | 10.50% |
| 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 | 15.79% |
| Dec 31, 2021 | 32.92% |
| Sep 30, 2021 | 44.44% |
| Jun 30, 2021 | 45.75% |
| Mar 31, 2021 | 37.60% |
| Dec 31, 2020 | 13.53% |
| Sep 30, 2020 | 59.23% |
| Jun 30, 2020 | 22.75% |
| Mar 31, 2020 | 16.28% |
| Dec 31, 2019 | 24.10% |
| Sep 30, 2019 | 19.63% |
| Jun 30, 2019 | 19.87% |
| Mar 31, 2019 | 21.81% |
| Dec 31, 2018 | 29.83% |
| Sep 30, 2018 | 27.17% |
| Jun 30, 2018 | 30.27% |
| Mar 31, 2018 | 17.44% |
| Dec 31, 2017 | 21.17% |
| Sep 30, 2017 | 27.68% |
| Jun 30, 2017 | 26.82% |
| Mar 31, 2017 | 44.39% |
| Dec 31, 2016 | 36.88% |
| Sep 30, 2016 | 34.92% |
| Jun 30, 2016 | 21.46% |
| Mar 31, 2016 | 15.87% |
| Dec 31, 2015 | 7.79% |
| Sep 30, 2015 | 35.67% |
| Jun 30, 2015 | 24.18% |
| Mar 31, 2015 | 16.21% |
| Dec 31, 2014 | 5.73% |
| Sep 30, 2014 | 33.35% |
| Jun 30, 2014 | 30.12% |
| Mar 31, 2014 | 12.95% |
| Dec 31, 2013 | 16.58% |
| Sep 30, 2013 | 31.73% |
| Jun 30, 2013 | 22.94% |
| Mar 31, 2013 | 26.34% |
| Dec 31, 2012 | 4.02% |
| Sep 30, 2012 | 36.49% |
| Jun 30, 2012 | 28.88% |
| Mar 31, 2012 | 16.96% |
| Dec 31, 2011 | 12.55% |
| Sep 30, 2011 | 10.68% |
| Jun 30, 2011 | 24.53% |
| Mar 31, 2011 | 20.93% |