Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Smith-Midland's gross profit for the
three
months ended in Jun. 2026 was $5.42 Mil. Smith-Midland's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $21.00 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Smith-Midland's gross profit for the
three
months ended in Jun. 2026 was $5.42 Mil. Smith-Midland's Revenue for the
three
months ended in Jun. 2026 was $23.36 Mil. Therefore, Smith-Midland's Gross Margin % for the quarter that ended in Jun. 2026 was 23.19%.
Smith-Midland had a gross margin of 23.19% for the quarter that ended in Jun. 2026 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Smith-Midland was 28.47%. The lowest was 17.88%. And the median was 25.67%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Smith-Midland had a gross margin of 23.19% for the quarter that ended in Jun. 2026 => Competition eroding margins
Smith-Midland Gross Profit Related Terms
Smith-Midland Gross Profit Historical Data
* Premium members only.
The historical data trend for Smith-Midland's Gross Profit 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.
For the Building Materials subindustry, Smith-Midland's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Smith-Midland's Gross Profit distribution charts can be found below:
* The bar in red indicates where Smith-Midland's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $21.00 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Smith-Midland (SMID) has a Gross Profit of $21.00 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Smith-Midland and its competitors.
Is Smith-Midland's Gross Profit too high?
Smith-Midland's current Gross Profit is $21.00 Mil. Overall, Smith-Midland has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smith-Midland's Gross Profit compare to PHCI and RETO?
Smith-Midland's Gross Profit of $21.00 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Building Materials company?
A good Gross Profit depends on the Building Materials industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Smith-Midland and its competitors. Smith-Midland's current Gross Profit is $21.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smith-Midland stock overvalued right now?
Based on GuruFocus' analysis, Smith-Midland (SMID) is currently considered Significantly Undervalued. The stock's GF Value™ is $39.40, compared to a current price of $27.50 — trading 30.2% below its estimated fair value. The current Gross Profit is $21.00 Mil. Smith-Midland's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Smith-Midland (SMID), the current Gross Profit is $21.00 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Smith-Midland (SMID) Overvalued in 2026?
Based on GuruFocus' analysis, Smith-Midland stock appears to be undervalued.
The current stock price of $27.50 is trading 30.2% below its estimated GF Value™ of $39.40.
GuruFocus considers Smith-Midland to be Significantly Undervalued.
Key valuation signals for SMID:
Gross Profit: $21.00 Mil
GF Value™: $39.40 vs. price of $27.50 (30.2% below fair value)
No single metric tells the full story. See the SMID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 predominantly from the sale, leasing, licensing, shipping, and installation of precast concrete products for the construction, utility, and farming industries.
83GF Score
Get the complete analysis for SMID
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SMID has been successfully added to your 
