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Smith-Midland (Smith-Midland) Net Margin %

: 8.09% (As of Sep. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Smith-Midland's Net Income for the three months ended in Sep. 2023 was $1.27 Mil. Smith-Midland's Revenue for the three months ended in Sep. 2023 was $15.65 Mil. Therefore, Smith-Midland's net margin for the quarter that ended in Sep. 2023 was 8.09%.

The historical rank and industry rank for Smith-Midland's Net Margin % or its related term are showing as below:

SMID' s Net Margin % Range Over the Past 10 Years
Min: -3.58   Med: 4.18   Max: 14.95
Current: 0.99


SMID's Net Margin % is ranked worse than
73.63% of 383 companies
in the Building Materials industry
Industry Median: 5.19 vs SMID: 0.99

Smith-Midland Net Margin % Historical Data

The historical data trend for Smith-Midland's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Smith-Midland Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.19 4.17 6.08 14.95 1.60

Smith-Midland Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.03 0.62 -5.32 8.09

Competitive Comparison

For the Building Materials subindustry, Smith-Midland's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Smith-Midland Net Margin % Distribution

For the Building Materials industry and Basic Materials sector, Smith-Midland's Net Margin % distribution charts can be found below:

* The bar in red indicates where Smith-Midland's Net Margin % falls into.



Smith-Midland Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Smith-Midland's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=0.8/50.131
=1.60 %

Smith-Midland's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=1.266/15.651
=8.09 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Smith-Midland  (NAS:SMID) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Smith-Midland Net Margin % Related Terms

Thank you for viewing the detailed overview of Smith-Midland's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Smith-Midland (Smith-Midland) Business Description

Traded in Other Exchanges
N/A
Address
5119 Catlett Road, P.O. Box 300, Midland, VA, USA, 22728
Smith-Midland Corp through its subsidiaries invents, develops, manufactures, markets sells and installs precast concrete products for primary use in the construction, highway, utilities and farming industries. The firm's customers are general contractors and federal, state and local transportation authorities. Its products include Slenderwall, JJhooks, Softsound, Sierra wall and Easi set. A substantial portion of the company's business is derived from local, state and federal building projects. The company generates revenues primarily from the sale, leasing, licensing, shipping, and installation of precast concrete products for the construction, utility and farming industries.
Executives
Wesley A Taylor director, officer: Vice President C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Stephanie Poe officer: Chief Financial Officer 5119 CATLETT ROAD, MIDLAND VA 22728
Ashley B Smith director, officer: Vice President C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Rodney I Smith director, officer: Chief Executive Officer C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Adam Jay Krick officer: Chief Financial Officer 5119 CATLETT ROAD, MIDLAND VA 22728
James Russell Bruner director 5119 CATLETT ROAD, MIDLAND VA 22728
Richard Gerhardt director 5229 CATLETT ROAD, MIDLAND VA 20728
Russell Frederick L. Jr. 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Partners, Llc 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Partners Ii, Llc 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Ii, Lp 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Tall Cotton Partners, Llc 10 percent owner 1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Gerhard E Borst director 5119 CATLETT ROAD, MIDLAND VA 22728
David W Wright 10 percent owner
Canine Partners Llc 10 percent owner 255 SO 17TH ST, SUITE 2501, PHILADELPHIA PA 19103