Smart Sand (SND) Net Margin (2015 - 2026)
Smart Sand (SND) reported Net Margin of 8.84% for Q2 2026, down 16.11 percentage points from 24.95% a year earlier but up 12.98 percentage points from the prior quarter.
Smart Sand (SND) Net Margin (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Smart Sand's Net Margin came in at 2.71%, up 2.45 percentage points year-over-year; for FY2025, it came in at 0.41%, down 0.55 percentage points from FY2024.
- Net Margin has a five-year change of -30.62 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 0.96% in FY2024 (-0.61 pp), 1.57% in FY2023 (+1.85 pp), -0.27% in FY2022 (+39.74 pp) and -40.01% in FY2021 (-71.04 pp).
- Five-year quarterly Net Margin spans a low of -36.96% in Q1 2025 and a high of 24.95% in Q2 2025.
- Year over year, Net Margin gained in four of the last eight quarters, with an average year-over-year change of +1.14 percentage points.
- The high point for year-over-year Net Margin in five years was Q2 2022 (a gain of 91.87 percentage points); the low point was Q3 2021 (a drop of 176.05 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -4.15% (Q1 2026), 1.37% (Q4 2025) and 3.24% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 38.94% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 35.99% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 7.92% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 14.00% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 35.75% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 11.12% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 12.31% |
| 10 | Smart Sand | 199.47 Mn | 142.18 Mn | 19.83 Mn | 8.84% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.84% |
| Mar 31, 2026 | -4.15% |
| Dec 31, 2025 | 1.37% |
| Sep 30, 2025 | 3.24% |
| Jun 30, 2025 | 24.95% |
| Mar 31, 2025 | -36.96% |
| Dec 31, 2024 | 4.09% |
| Sep 30, 2024 | -0.16% |
| Jun 30, 2024 | -0.58% |
| Mar 31, 2024 | -0.26% |
| Dec 31, 2023 | -7.73% |
| Sep 30, 2023 | 8.75% |
| Jun 30, 2023 | 8.43% |
| Mar 31, 2023 | -4.37% |
| Dec 31, 2022 | 3.56% |
| Sep 30, 2022 | 3.75% |
| Jun 30, 2022 | -0.13% |
| Mar 31, 2022 | -14.24% |
| Dec 31, 2021 | -34.87% |
| Sep 30, 2021 | -21.06% |
Smart Sand Net Margin 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=net-margin&ticker=SND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "SND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=SND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();