Smith Midland (SMID) Interest Expenses (2009 - 2026)
Smith Midland's Interest Expenses came in at $66,000 for Q2 2026, up 6.5% from $62,000 a year earlier and up 40.4% from the prior quarter.
Smith Midland (SMID) Interest Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Smith Midland reported Interest Expenses of $221,000, down 3.5% year-over-year; for FY2025, it came in at $225,000, down 2.6% from FY2024.
- Interest Expenses has declined in each of the last three years, though with a five-year compound annual growth rate of 0.7% (FY2020 to FY2025).
- Going back by year, Interest Expenses was $231,000 in FY2024 (-9.4%), $255,000 in FY2023 (-1.9%), $260,000 in FY2022 (+36.8%) and $190,000 in FY2021 (-12.4%).
- The Q2 2026 figure represents the highest quarterly Interest Expenses since Q4 2022.
- Year-over-year, Interest Expenses increased in two of the last seven quarters, with an average decline of 6.7%.
- The fastest year-over-year change in Interest Expenses over five years came in Q4 2022 (growth of 62.2%), and the weakest in Q3 2025 (a decline of 21.4%).
- Business Quant data shows SMID's Interest Expenses at $47,000 (Q1 2026), $64,000 (Q4 2025) and $44,000 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 92.12 Bn | 86.76 Bn | 2.38 Bn | 52.40 Mn |
| 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 | - |
| 4 | Comfort Systems Usa | 38.65 Bn | 32.60 Bn | 934.48 Mn | 1.48 Mn |
| 5 | Otis Worldwide | 29.75 Bn | 26.31 Bn | 1.16 Bn | - |
| 6 | James Hardie Industries | 16.90 Bn | 16.08 Bn | 562.40 Mn | 54.80 Mn |
| 7 | Masco | 16.35 Bn | 14.41 Bn | 720.00 Mn | 29.00 Mn |
| 8 | Allegion | 15.98 Bn | 14.60 Bn | 548.20 Mn | 24.20 Mn |
| 9 | Carlisle Companies | 15.35 Bn | 12.26 Bn | 494.90 Mn | 27.70 Mn |
| 10 | Smith Midland | 114.15 Mn | 65.01 Mn | 5.42 Mn | 66,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66,000.00 |
| Mar 31, 2026 | 47,000.00 |
| Dec 31, 2025 | 64,000.00 |
| Sep 30, 2025 | 44,000.00 |
| Jun 30, 2025 | 62,000.00 |
| Mar 31, 2025 | 55,000.00 |
| Dec 31, 2024 | 56,000.00 |
| Sep 30, 2024 | 56,000.00 |
| Jun 30, 2024 | 59.00 |
| Mar 31, 2024 | 60,000.00 |
| Dec 31, 2023 | 63,000.00 |
| Sep 30, 2023 | 64,000.00 |
| Jun 30, 2023 | 64,000.00 |
| Mar 31, 2023 | 64,000.00 |
| Dec 31, 2022 | 73,000.00 |
| Sep 30, 2022 | 69,000.00 |
| Jun 30, 2022 | 71,000.00 |
| Mar 31, 2022 | 48,000.00 |
| Dec 31, 2021 | 45,000.00 |
| Sep 30, 2021 | 47,000.00 |
Smith Midland Interest Expenses 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-expenses&ticker=SMID&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=SMID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();