Smith Midland (SMID) Operating Margin (2011 - 2026)

Smith Midland (SMID) reported Operating Margin of 8.01% for Q1 2026, down 4013.0% on a YoY basis from 0.2% in Q1 2025, and down 65.79% sequentially from 23.41% in Q4 2025.

Smith Midland (SMID) Operating Margin (2011 - 2026) Analysis & Trends

Smith Midland (SMID) has 16 years of Operating Margin data on file, last reported at 8.01% in Q1 2026.

  • For the quarter ending Q1 2026, Operating Margin fell 4013.0% year-over-year to 8.01%; the trailing twelve-month figure through Mar 2026 stood at 20.02% (up 128.0% YoY), and the FY2025 full-year result was 35.2%, up 2259.0% from the prior year.
  • Operating Margin slipped to 8.01% in Q1 2026, from 23.41% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 48.15% in Q1 2025 to a low of 12.2% in Q4 2023.
  • A 5-year average of 8.96% and a median of 8.27% in 2022 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin sank 5420 bps in 2022 and jumped 3411 bps in 2025, its largest moves.
  • Tracing SMID's Operating Margin over 5 years: stood at 0.24% in 2022, then plunged by 4914 bps to 12.2% in 2023, then surged by 183 bps to 10.08% in 2024, then soared by 132 bps to 23.41% in 2025, then plunged by 66 bps to 8.01% in 2026.
  • Business Quant data shows SMID's Operating Margin at 8.01% in Q1 2026, 23.41% in Q4 2025, and 17.97% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Crh Public 68.97 Bn 66.12 Bn 2.05 Bn -0.52%
2 Vulcan Materials 35.82 Bn 35.70 Bn 422.70 Mn 15.11%
3 Martin Marietta Materials 32.98 Bn 32.71 Bn 310.00 Mn 11.89%
4 Amrize 26.73 Bn 25.63 Bn 211.00 Mn -3.49%
5 Cemex Sab De Cv 17.67 Bn 17.29 Bn 1.62 Bn 13.74%
6 James Hardie Industries 14.97 Bn 14.50 Bn 523.40 Mn 7.75%
7 Eagle Materials 6.47 Bn 6.17 Bn 106.33 Mn 17.38%
8 Knife River 4.40 Bn 4.33 Bn -2.77 Mn -21.03%
9 Titan America 3.11 Bn 2.89 Bn 91.88 Mn 31.29%
10 Smith Midland 158.36 Mn 145.14 Mn 4.30 Mn 8.01%

Historic Data

Download Data
DateValue
Mar 31, 2026 8.01%
Dec 31, 2025 23.41%
Sep 30, 2025 17.97%
Mar 31, 2025 48.15%
Dec 31, 2024 10.08%
Sep 30, 2024 16.32%
Mar 31, 2024 14.03%
Dec 31, 2023 -12.20%
Sep 30, 2023 9.60%
Jun 30, 2023 -6.67%
Mar 31, 2023 0.66%
Dec 31, 2022 -0.24%
Sep 30, 2022 0.06%
Jun 30, 2022 8.27%
Mar 31, 2022 -2.96%
Dec 31, 2021 -0.62%
Sep 30, 2021 17.60%
Jun 30, 2021 17.64%
Mar 31, 2021 51.24%
Dec 31, 2020 10.64%