Smith Midland (SMID) Interest Coverage Ratio (2011 - 2026)
Smith Midland's (SMID) Interest Coverage Ratio stood at 30.08 in Q2 2026, down 66.2% from 89.00 a year earlier and down 18.2% from the prior quarter.
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Analysis
Smith Midland (SMID) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
On a TTM basis, Smith Midland's Interest Coverage Ratio came in at 48.88 as of Jun 30, 2026, down 28.3% year-over-year; for FY2025, it came in at 75.53, up 76.3% from FY2024.
- Annual Interest Coverage Ratio has increased for three straight years.
- Across earlier years, Interest Coverage Ratio came in at 42.85 in FY2024 (+877.4%), 4.38 in FY2023 (+33.5%), 3.28 in FY2022 (-89.9%) and 32.46 in FY2021 (+87.4%).
- The Q2 2026 figure is the lowest quarterly Interest Coverage Ratio since Q1 2024.
- On a year-over-year basis, Interest Coverage Ratio rose in five of the last seven quarters, with growth averaging 93.8%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 287.7% in Q4 2024, against a decline of 99.8% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 36.77 (Q1 2026), 50.55 (Q4 2025) and 87.59 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | 23.06 |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 388.29 |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | - |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | - |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | 3.54 |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 16.79 |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 10.27 |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 12.86 |
| 10 | Smith Midland | 124.71 Mn | 75.57 Mn | 5.42 Mn | 30.08 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.08 |
| Mar 31, 2026 | 36.77 |
| Dec 31, 2025 | 50.55 |
| Sep 30, 2025 | 87.59 |
| Jun 30, 2025 | 89.00 |
| Mar 31, 2025 | 79.76 |
| Dec 31, 2024 | 33.36 |
| Sep 30, 2024 | 68.71 |
| Mar 31, 2024 | 25.15 |
| Dec 31, 2023 | 8.60 |
| Sep 30, 2023 | 23.47 |
| Jun 30, 2023 | -15.33 |
| Mar 31, 2023 | 0.84 |
| Dec 31, 2022 | -1.01 |
| Sep 30, 2022 | 0.06 |
| Jun 30, 2022 | 15.44 |
| Mar 31, 2022 | -3.60 |
| Dec 31, 2021 | -3.98 |
| Sep 30, 2021 | 26.98 |
| Jun 30, 2021 | 22.82 |
API Access
Smith Midland Interest Coverage Ratio 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=interest-coverage-ratio&ticker=SMID&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=SMID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();