Smith Midland (SMID) Research & Development (2011 - 2022)
Smith Midland (SMID) reported Research & Development of $828000.0 for Q4 2022, little changed on a YoY basis from $826000.0 in Q4 2021, and down 2.47% sequentially from $849000.0 in Q3 2022.
Smith Midland (SMID) Research & Development (2011 - 2022) Analysis & Trends
Smith Midland (SMID) has 12 years of Research & Development data on file, last reported at $828000.0 in Q4 2022.
- For the quarter ending Q4 2022, Research & Development changed 0.24% year-over-year to $828000.0; the trailing twelve-month figure through Dec 2022 stood at $3.1 million (up 8.04% YoY), and the FY2023 full-year result was $3.5 million, up 15.67% from the prior year.
- Research & Development fell to $828000.0 in Q4 2022, from $849000.0 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $849000.0 in Q3 2022 to a low of $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.
- Across the five-year window, Research & Development declined 27.34% in 2020 and soared 38.0% in 2021, its largest moves.
- Tracing SMID's Research & Development over 5 years: stood at $686000.0 in 2018, then slipped by 10.79% to $612000.0 in 2019, then slipped by 0.33% to $610000.0 in 2020, then jumped by 35.41% to $826000.0 in 2021, then gained by 0.24% to $828000.0 in 2022.
- Business Quant data shows SMID's Research & Development at $828000.0 in Q4 2022, $849000.0 in Q3 2022, and $725000.0 in Q2 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 68.97 Bn | 66.12 Bn | 2.05 Bn | - |
| 2 | Vulcan Materials | 35.82 Bn | 35.70 Bn | 422.70 Mn | - |
| 3 | Martin Marietta Materials | 32.98 Bn | 32.71 Bn | 310.00 Mn | - |
| 4 | Amrize | 26.73 Bn | 25.63 Bn | 211.00 Mn | - |
| 5 | Cemex Sab De Cv | 17.67 Bn | 17.29 Bn | 1.62 Bn | - |
| 6 | James Hardie Industries | 14.97 Bn | 14.50 Bn | 523.40 Mn | 16.20 Mn |
| 7 | Eagle Materials | 6.47 Bn | 6.17 Bn | 106.33 Mn | - |
| 8 | Knife River | 4.40 Bn | 4.33 Bn | -2.77 Mn | - |
| 9 | Titan America | 3.11 Bn | 2.89 Bn | 91.88 Mn | - |
| 10 | Smith Midland | 158.36 Mn | 145.14 Mn | 4.30 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 |