Smith Midland (SMID) Operating Margin (2011 - 2026)
Smith Midland (SMID) posted Operating Margin of 8.50% for Q2 2026, down 12.58 percentage points from 21.07% a year earlier but up 0.49 percentage points from the prior quarter.
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Analysis
Smith Midland (SMID) Operating Margin (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Smith Midland was 12.07%, down 5.10 percentage points year-over-year; for FY2025, it was 18.19%, up 5.58 percentage points from FY2024.
- Annual Operating Margin has increased for three consecutive years, with a five-year change of +9.62 percentage points (FY2020 to FY2025).
- In prior years, Smith Midland's Operating Margin was 12.61% in FY2024 (+10.73 pp), 1.88% in FY2023 (+0.17 pp), 1.70% in FY2022 (-10.48 pp) and 12.18% in FY2021 (+3.61 pp).
- Quarterly Operating Margin has run from a low of -6.67% in Q2 2023 to a high of 21.07% in Q2 2025 over five years.
- On a year-over-year basis, Operating Margin increased in five of the last seven quarters, with an average year-over-year change of +0.78 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q1 2025, with a gain of 10.32 percentage points; the weakest was Q1 2022, with a drop of 26.64 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 8.01% (Q1 2026), 14.00% (Q4 2025) and 17.97% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 19.27% |
| 2 | Johnson Controls International | 90.21 Bn | 87.98 Bn | 2.47 Bn | 14.92% |
| 3 | Comfort Systems Usa | 58.39 Bn | 53.64 Bn | 844.23 Mn | 17.09% |
| 4 | Carrier Global | 46.05 Bn | 40.68 Bn | 1.94 Bn | 12.99% |
| 5 | Otis Worldwide | 25.26 Bn | 21.87 Bn | 1.14 Bn | 14.90% |
| 6 | James Hardie Industries | 14.74 Bn | 13.47 Bn | 548.70 Mn | 14.76% |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 23.59% |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 22.12% |
| 9 | Carlisle Companies | 12.99 Bn | 9.34 Bn | 568.40 Mn | 22.45% |
| 10 | Smith Midland | 127.95 Mn | 78.81 Mn | 5.42 Mn | 8.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.50% |
| Mar 31, 2026 | 8.01% |
| Dec 31, 2025 | 14.00% |
| Sep 30, 2025 | 17.97% |
| Jun 30, 2025 | 21.07% |
| Mar 31, 2025 | 19.33% |
| Dec 31, 2024 | 10.08% |
| Sep 30, 2024 | 16.32% |
| Mar 31, 2024 | 9.01% |
| Dec 31, 2023 | 3.31% |
| Sep 30, 2023 | 9.60% |
| Jun 30, 2023 | -6.67% |
| Mar 31, 2023 | 0.42% |
| Dec 31, 2022 | -0.51% |
| Sep 30, 2022 | 0.03% |
| Jun 30, 2022 | 8.27% |
| Mar 31, 2022 | -1.66% |
| Dec 31, 2021 | -1.79% |
| Sep 30, 2021 | 9.68% |
| Jun 30, 2021 | 10.38% |
API Access
Smith Midland Operating Margin 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=operating-margin&ticker=SMID&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=SMID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();