Smith Midland (SMID) Invested Capital (2010 - 2026)
Smith Midland (SMID) reported Invested Capital of $61.18 million for Q2 2026, up 24.2% from $49.25 million a year earlier and up 2.1% from the prior quarter.
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Analysis
Smith Midland (SMID) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025, Smith Midland posted Invested Capital of $58.75 million, up 25.5% from FY2024.
- Invested Capital has increased for 11 consecutive years, with a five-year compound annual growth rate of 15.5% (FY2020 to FY2025).
- By year, Invested Capital came in at $46.83 million in FY2024 (+17.4%), $39.89 million in FY2023 (+1.2%), $39.4 million in FY2022 (+9.8%) and $35.89 million in FY2021 (+25.6%).
- The Q2 2026 figure ranks as the highest quarterly Invested Capital in data going back to Q4 2010.
- Year over year, Invested Capital has now increased in each of the last four quarters, with growth averaging 21.2% over the last seven quarters.
- The high point for year-over-year Invested Capital in five years was Q4 2021 (growth of 25.6%); the low point was Q2 2023 (a decline of 2.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $59.94 million (Q1 2026), $58.75 million (Q4 2025) and $56.72 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 101.08 Bn | 95.82 Bn | 2.26 Bn | 13.26 Bn |
| 2 | Johnson Controls International | 91.92 Bn | 89.68 Bn | 2.47 Bn | 22.99 Bn |
| 3 | Comfort Systems Usa | 59.34 Bn | 54.59 Bn | 844.23 Mn | 3.27 Bn |
| 4 | Carrier Global | 45.52 Bn | 40.15 Bn | 1.94 Bn | 25.42 Bn |
| 5 | Otis Worldwide | 24.55 Bn | 21.15 Bn | 1.14 Bn | 2.69 Bn |
| 6 | James Hardie Industries | 14.62 Bn | 13.36 Bn | 548.70 Mn | 10.82 Bn |
| 7 | Masco | 13.47 Bn | 11.57 Bn | 868.00 Mn | 2.88 Bn |
| 8 | Allegion | 13.13 Bn | 11.84 Bn | 517.50 Mn | 4.15 Bn |
| 9 | Carlisle Companies | 12.95 Bn | 9.29 Bn | 568.40 Mn | 4.50 Bn |
| 10 | Smith Midland | 120.79 Mn | 71.65 Mn | 5.42 Mn | 61.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.18 Mn |
| Mar 31, 2026 | 59.94 Mn |
| Dec 31, 2025 | 58.75 Mn |
| Sep 30, 2025 | 56.72 Mn |
| Jun 30, 2025 | 49.25 Mn |
| Mar 31, 2025 | 50.00 Mn |
| Dec 31, 2024 | 46.83 Mn |
| Sep 30, 2024 | 45.62 Mn |
| Mar 31, 2024 | 40.88 Mn |
| Dec 31, 2023 | 39.89 Mn |
| Sep 30, 2023 | 39.71 Mn |
| Jun 30, 2023 | 38.50 Mn |
| Mar 31, 2023 | 39.35 Mn |
| Dec 31, 2022 | 39.40 Mn |
| Sep 30, 2022 | 39.49 Mn |
| Jun 30, 2022 | 39.51 Mn |
| Mar 31, 2022 | 38.63 Mn |
| Dec 31, 2021 | 35.89 Mn |
| Sep 30, 2021 | 35.82 Mn |
| Jun 30, 2021 | 34.32 Mn |
API Access
Smith Midland Invested Capital 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=invested-capital&ticker=SMID&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=SMID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();