Smith Midland (SMID) Other Working Capital Changes (2011 - 2026)
Smith Midland's Other Working Capital Changes was -$252,000 in Q2 2026, compared with $2.27 million a year earlier.
Smith Midland (SMID) Other Working Capital Changes (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Smith Midland's Other Working Capital Changes was $1.27 million through Jun 30, 2026, down 82.1% year-over-year; for FY2025, it was $4.36 million, up 28.3% from FY2024.
- In earlier years, Other Working Capital Changes was $3.4 million in FY2024 (+24.6%), $2.72 million in FY2023, -$588,000 in FY2022 and $1.95 million in FY2021.
- The Q2 2026 figure marks the lowest quarterly Other Working Capital Changes since Q2 2024.
- Compared with a year earlier, Other Working Capital Changes was higher in two of the last six quarters, with growth averaging 26.8%.
- The best year-over-year quarter for Other Working Capital Changes over five years was Q3 2024 (growth of 360.1%); the worst was Q3 2025 (a decline of 92.1%).
- Per Business Quant data, SMID's Other Working Capital Changes in the three quarters before Q2 2026 was $864,000 (Q1 2026), $418,000 (Q4 2025) and $240,000 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn |
| 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 |
| 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 |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn |
| 10 | Smith Midland | 124.71 Mn | 75.57 Mn | 5.42 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -252,000.00 |
| Mar 31, 2026 | 864,000.00 |
| Dec 31, 2025 | 418,000.00 |
| Sep 30, 2025 | 240,000.00 |
| Jun 30, 2025 | 2.27 Mn |
| Mar 31, 2025 | 1.43 Mn |
| Dec 31, 2024 | 343,000.00 |
| Sep 30, 2024 | 3.05 Mn |
| Jun 23, 2024 | -1.65 Mn |
| Mar 31, 2024 | 1.65 Mn |
| Dec 31, 2023 | 1.44 Mn |
| Sep 30, 2023 | 663,000.00 |
| Jun 30, 2023 | 2.17 Mn |
| Mar 31, 2023 | -1.54 Mn |
| Dec 31, 2022 | -815,000.00 |
| Sep 30, 2022 | 348,000.00 |
| Jun 30, 2022 | -31,000.00 |
| Mar 31, 2022 | -90,000.00 |
| Dec 31, 2021 | -14,000.00 |
| Sep 30, 2021 | 293,000.00 |
Smith Midland Other Working Capital Changes 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=other-working-capital-changes&ticker=SMID&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=SMID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();