Smith Midland (SMID) Return on Equity [ROE] (2011 - 2026)
Smith Midland's Return on Equity [ROE] was 13.71% in Q2 2026, down 11.83 percentage points from 25.54% a year earlier and down 5.42 percentage points from the prior quarter.
Smith Midland (SMID) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Smith Midland came in at 26.04%, up 5.82 percentage points from FY2024.
- Return on Equity [ROE] shows a five-year change of +14.06 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 20.22% in FY2024 (+17.86 pp), 2.37% in FY2023 (-0.10 pp), 2.47% in FY2022 (-24.86 pp) and 27.33% in FY2021 (+15.34 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Equity [ROE] since Q1 2024.
- Compared with a year earlier, Return on Equity [ROE] was higher in three of the last five quarters, with an average year-over-year change of +4.62 percentage points.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q3 2021 (a gain of 15.69 percentage points); the worst was Q3 2022 (a drop of 25.44 percentage points).
- Per Business Quant data, SMID's Return on Equity [ROE] in the three quarters before Q2 2026 was 19.13% (Q1 2026), 23.50% (Q4 2025) and 23.23% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 34.45% |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 26.99% |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 11.57% |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 9.70% |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | - |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 2.26% |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | - |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 31.21% |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 44.31% |
| 10 | Smith Midland | 121.00 Mn | 71.86 Mn | 5.42 Mn | 13.71% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.71% |
| Mar 31, 2026 | 19.13% |
| Dec 31, 2025 | 23.50% |
| Sep 30, 2025 | 23.23% |
| Jun 30, 2025 | 25.54% |
| Mar 31, 2025 | 20.79% |
| Dec 31, 2024 | 14.44% |
| Mar 31, 2024 | 5.36% |
| Dec 31, 2023 | 2.34% |
| Sep 30, 2023 | 1.71% |
| Jun 30, 2023 | -2.11% |
| Mar 31, 2023 | 3.02% |
| Dec 31, 2022 | 2.43% |
| Sep 30, 2022 | 2.50% |
| Jun 30, 2022 | 13.97% |
| Mar 31, 2022 | 14.44% |
| Dec 31, 2021 | 23.95% |
| Sep 30, 2021 | 27.94% |
| Jun 30, 2021 | 22.55% |
| Mar 31, 2021 | 22.19% |
Smith Midland Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=SMID&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=SMID&period=max&api_key=YOUR_API_KEY");
const data = await res.json();