Smith Midland (SMID) Tax Rate (2011 - 2026)

Smith Midland has disclosed Tax Rate across 16 years of filings, most recently posting 23.96% for Q1 2026.

• On a quarterly basis, Tax Rate rose 50.0% year-over-year to 23.96% in Q1 2026; TTM through Mar 2026 was 19.1%, a 1143.0% increase from a year earlier, with the FY2025 full-year figure at 20.15%, up 1507.0% from the prior year.
• Tax Rate for Q1 2026 stood at 23.96%, up from 3.19% in the prior quarter.
• The five-year high for Tax Rate was 171.43% in Q3 2022, with the low at 63.76% in Q4 2024.
• A 5-year average of 30.69% and a median of 23.74% in 2024 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2022 and 2023: Tax Rate soared 16074 bps in 2022, then plunged 15510 bps in 2023.
• Year by year, Tax Rate stood at 103.74% in 2022, then sank by 72 bps to 29.43% in 2023, then tumbled by 317 bps to 63.76% in 2024, then surged by 105 bps to 3.19% in 2025, then surged by 652 bps to 23.96% in 2026.
• Business Quant data shows SMID's Tax Rate at 23.96% in Q1 2026, 3.19% in Q4 2025, and 25.68% in Q3 2025.