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

Smith Midland (SMID) posted Tax Rate of 23.96% for Q1 2026, up 135.65% sequentially from 67.23% in Q4 2025, and up 50.0% YoY from 15.98% in Q1 2025.

Smith Midland (SMID) Tax Rate (2011 - 2026) Analysis & Trends

Smith Midland has reported Tax Rate for 16 years, with the latest figure at 23.96% in Q1 2026.

Quarterly Tax Rate rose 50.0% year-over-year to 23.96% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.5% (down 1981.0% YoY) and the FY2025 annual result came in at 6.4%, down 1473.0% from the prior year.
Tax Rate grew to 23.96% in Q1 2026 per SMID's latest filing, from 67.23% in the prior quarter.
Over five years, Tax Rate peaked at 242.99% in Q4 2022 and troughed at 67.23% in Q4 2025.
A 5-year average of 39.32% and a median of 23.46% in 2025 frame the typical range for Tax Rate.
The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 16074 bps in 2022, then sank 23764 bps in 2023.
Over 5 years, Tax Rate stood at 242.99% in 2022, then sank by 98 bps to 5.35% in 2023, then surged by 293 bps to 21.06% in 2024, then slumped by 419 bps to 67.23% in 2025, then surged by 136 bps to 23.96% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 23.96%, 67.23%, and 25.68% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Crh Public	63.40 Bn	60.32 Bn	4.29 Bn	30.56%
2	Vulcan Materials	35.83 Bn	35.64 Bn	625.50 Mn	20.12%
3	Martin Marietta Materials	32.21 Bn	32.09 Bn	495.00 Mn	20.00%
4	Amrize	25.20 Bn	24.47 Bn	993.00 Mn	23.51%
5	James Hardie Industries	17.63 Bn	17.34 Bn	548.70 Mn	33.69%
6	Cemex Sab De Cv	16.04 Bn	16.04 Bn	1.62 Bn	-28.20%
7	Eagle Materials	6.42 Bn	6.19 Bn	161.25 Mn	22.45%
8	Knife River	3.76 Bn	3.66 Bn	162.77 Mn	26.67%
9	United States Lime & Minerals	3.41 Bn	3.01 Bn	46.72 Mn	21.62%
10	Smith Midland	147.27 Mn	136.61 Mn	5.42 Mn	23.91%

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