Smith-Midland Past Earnings Performance
Past criteria checks 0/6
Smith-Midland's earnings have been declining at an average annual rate of -6.7%, while the Basic Materials industry saw earnings growing at 21.2% annually. Revenues have been growing at an average rate of 5.6% per year. Smith-Midland's return on equity is 2.3%, and it has net margins of 1.3%.
Key information
-6.7%
Earnings growth rate
-7.0%
EPS growth rate
Basic Materials Industry Growth | 20.0% |
Revenue growth rate | 5.6% |
Return on equity | 2.3% |
Net Margin | 1.3% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Here's Why Smith-Midland (NASDAQ:SMID) Has A Meaningful Debt Burden
Mar 20Smith-Midland Corporation's (NASDAQ:SMID) P/S Is Still On The Mark Following 26% Share Price Bounce
Dec 28Smith-Midland (NASDAQ:SMID) Might Be Having Difficulty Using Its Capital Effectively
Dec 01Smith-Midland (NASDAQ:SMID) Takes On Some Risk With Its Use Of Debt
Nov 15Smith-Midland (NASDAQ:SMID) May Have Issues Allocating Its Capital
Jun 27Returns On Capital At Smith-Midland (NASDAQ:SMID) Paint A Concerning Picture
Mar 19We Think Smith-Midland (NASDAQ:SMID) Is Taking Some Risk With Its Debt
Dec 24Smith-Midland Is A Good Company But It Is Extremely Overvalued
Sep 26Smith-Midland subsidiary gets license agreement with Critical Precast Structures
Sep 15Is Smith-Midland (NASDAQ:SMID) Using Too Much Debt?
Sep 14Returns On Capital Signal Tricky Times Ahead For Smith-Midland (NASDAQ:SMID)
Jul 29Smith-Midland nabs multiple contracts worth $8.9M
Jul 28Here's Why Smith-Midland (NASDAQ:SMID) Can Manage Its Debt Responsibly
Jun 07Smith-Midland: The Triple Play - Macro Tailwinds, Governmental Mandates, And A Fundamental Business Shift
Mar 31If You Like EPS Growth Then Check Out Smith-Midland (NASDAQ:SMID) Before It's Too Late
Jan 27Smith-Midland Corporation: Nothing Special
Jan 21Smith-Midland (NASDAQ:SMID) Could Easily Take On More Debt
Dec 24Smith-Midland (NASDAQ:SMID) Has Some Way To Go To Become A Multi-Bagger
Nov 18Smith-Midland: An Undiscovered Infrastructure Winner
Oct 12Is Smith-Midland (NASDAQ:SMID) Using Too Much Debt?
Sep 14Returns At Smith-Midland (NASDAQ:SMID) Are On The Way Up
Aug 10With EPS Growth And More, Smith-Midland (NASDAQ:SMID) Is Interesting
Jul 16Estimating The Intrinsic Value Of Smith-Midland Corporation (NASDAQ:SMID)
Jun 02The Strong Earnings Posted By Smith-Midland (NASDAQ:SMID) Are A Good Indication Of The Strength Of The Business
May 18Returns On Capital Are Showing Encouraging Signs At Smith-Midland (NASDAQ:SMID)
Mar 30Smith-Midland Corporation's (NASDAQ:SMID) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Mar 02Smith-Midland (NASDAQ:SMID) Could Easily Take On More Debt
Feb 09Can You Imagine How Jubilant Smith-Midland's (NASDAQ:SMID) Shareholders Feel About Its 257% Share Price Gain?
Jan 19What We Make Of Smith-Midland's (NASDAQ:SMID) Returns On Capital
Dec 28Smith-Midland Corporation's (NASDAQ:SMID) Price Is Right But Growth Is Lacking
Dec 10Our Take On Smith-Midland's (NASDAQ:SMID) CEO Salary
Nov 19Revenue & Expenses Breakdown
How Smith-Midland makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 60 | 1 | 10 | 0 |
30 Sep 23 | 58 | 1 | 10 | 0 |
30 Jun 23 | 54 | -1 | 10 | 0 |
31 Mar 23 | 53 | 1 | 9 | 0 |
31 Dec 22 | 50 | 1 | 9 | 0 |
30 Sep 22 | 46 | 1 | 8 | 0 |
30 Jun 22 | 47 | 5 | 8 | 0 |
31 Mar 22 | 46 | 5 | 8 | 0 |
31 Dec 21 | 51 | 8 | 8 | 0 |
30 Sep 21 | 52 | 8 | 8 | 0 |
30 Jun 21 | 51 | 6 | 8 | 0 |
31 Mar 21 | 49 | 6 | 8 | 0 |
31 Dec 20 | 44 | 3 | 7 | 0 |
30 Sep 20 | 45 | 3 | 7 | 0 |
30 Jun 20 | 46 | 2 | 7 | 0 |
31 Mar 20 | 46 | 2 | 7 | 0 |
31 Dec 19 | 47 | 2 | 7 | 0 |
30 Sep 19 | 46 | 2 | 8 | 0 |
30 Jun 19 | 42 | 2 | 8 | 0 |
31 Mar 19 | 41 | 2 | 8 | 0 |
31 Dec 18 | 40 | 2 | 8 | 0 |
30 Sep 18 | 39 | 1 | 8 | 0 |
30 Jun 18 | 40 | 1 | 8 | 0 |
31 Mar 18 | 41 | 1 | 8 | 0 |
31 Dec 17 | 42 | 3 | 8 | 0 |
30 Sep 17 | 42 | 3 | 7 | 0 |
30 Jun 17 | 43 | 4 | 7 | 0 |
31 Mar 17 | 41 | 4 | 7 | 0 |
31 Dec 16 | 40 | 3 | 6 | 0 |
30 Sep 16 | 38 | 2 | 6 | 0 |
30 Jun 16 | 36 | 2 | 6 | 0 |
31 Mar 16 | 33 | 1 | 6 | 0 |
31 Dec 15 | 29 | 1 | 6 | 0 |
30 Sep 15 | 26 | 0 | 5 | 0 |
30 Jun 15 | 22 | -1 | 5 | 0 |
31 Mar 15 | 21 | -1 | 5 | 0 |
31 Dec 14 | 22 | -1 | 5 | 0 |
30 Sep 14 | 26 | 0 | 5 | 0 |
30 Jun 14 | 27 | 0 | 5 | 0 |
31 Mar 14 | 26 | 0 | 5 | 0 |
31 Dec 13 | 28 | 1 | 5 | 0 |
30 Sep 13 | 25 | 0 | 5 | 0 |
30 Jun 13 | 25 | 0 | 5 | 0 |
Quality Earnings: SMID has a large one-off gain of $346.0K impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: SMID's current net profit margins (1.3%) are lower than last year (1.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SMID's earnings have declined by 6.7% per year over the past 5 years.
Accelerating Growth: SMID's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SMID had negative earnings growth (-0.6%) over the past year, making it difficult to compare to the Basic Materials industry average (49%).
Return on Equity
High ROE: SMID's Return on Equity (2.3%) is considered low.