Smith Midland (SMID) Research & Development (2011 - 2022)
Smith Midland (SMID) posted Research & Development of $828000.0 for Q4 2022, down 2.47% sequentially from $849000.0 in Q3 2022, and little changed YoY from $826000.0 in Q4 2021.
Smith Midland (SMID) Research & Development (2011 - 2022) Analysis & Trends
Smith Midland has reported Research & Development for 12 years, with the latest figure at $828000.0 in Q4 2022.
- Quarterly Research & Development changed 0.24% year-over-year to $828000.0 in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $3.1 million (up 8.04% YoY) and the FY2023 annual result came in at $3.5 million, up 15.67% from the prior year.
- Research & Development fell to $828000.0 in Q4 2022 per SMID's latest filing, from $849000.0 in the prior quarter.
- Over five years, Research & Development peaked at $849000.0 in Q3 2022 and troughed at $521000.0 in Q3 2020.
- A 5-year average of $666550.0 and a median of $651000.0 in 2019 frame the typical range for Research & Development.
- The sharpest annual moves came in 2020 and 2021: Research & Development retreated 27.34% in 2020, then surged 38.0% in 2021.
- Over 5 years, Research & Development stood at $686000.0 in 2018, then fell by 10.79% to $612000.0 in 2019, then fell by 0.33% to $610000.0 in 2020, then jumped by 35.41% to $826000.0 in 2021, then grew by 0.24% to $828000.0 in 2022.
- According to Business Quant data, Research & Development over the past three periods registered $828000.0, $849000.0, and $725000.0 for Q4 2022, Q3 2022, and Q2 2022 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 62.28 Bn | 59.20 Bn | 4.29 Bn | - |
| 2 | Vulcan Materials | 35.14 Bn | 34.95 Bn | 625.50 Mn | - |
| 3 | Martin Marietta Materials | 31.62 Bn | 31.50 Bn | 495.00 Mn | - |
| 4 | Amrize | 24.68 Bn | 23.95 Bn | 993.00 Mn | - |
| 5 | James Hardie Industries | 17.42 Bn | 17.13 Bn | 548.70 Mn | 15.40 Mn |
| 6 | Cemex Sab De Cv | 15.28 Bn | 15.28 Bn | 1.62 Bn | - |
| 7 | Eagle Materials | 6.28 Bn | 6.04 Bn | 161.25 Mn | - |
| 8 | Knife River | 3.76 Bn | 3.66 Bn | 162.77 Mn | - |
| 9 | United States Lime & Minerals | 3.47 Bn | 3.07 Bn | 46.72 Mn | - |
| 10 | Smith Midland | 147.85 Mn | 137.19 Mn | 5.42 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 828,000.00 |
| Sep 30, 2022 | 849,000.00 |
| Jun 30, 2022 | 725,000.00 |
| Mar 31, 2022 | 662,000.00 |
| Dec 31, 2021 | 826,000.00 |
| Sep 30, 2021 | 719,000.00 |
| Jun 30, 2021 | 696,000.00 |
| Mar 31, 2021 | 595,000.00 |
| Dec 31, 2020 | 610,000.00 |
| Sep 30, 2020 | 521,000.00 |
| Jun 30, 2020 | 574,000.00 |
| Mar 31, 2020 | 591,000.00 |
| Dec 31, 2019 | 612,000.00 |
| Sep 30, 2019 | 717,000.00 |
| Jun 30, 2019 | 640,000.00 |
| Mar 31, 2019 | 567,000.00 |
| Dec 31, 2018 | 686,000.00 |
| Sep 30, 2018 | 624,000.00 |
| Jun 30, 2018 | 613,000.00 |
| Mar 31, 2018 | 676,000.00 |