Smith-MidlandSMID 90 Net Margin % is 6.21% as of Mar. 2026, which is 1% below its 10-year median of 6.26. GuruFocus rates SMID with a GF Score™ of 90/100 and a GF Value™ of $42.54 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 407 Building Materials companies, Smith-Midland ranks better than 76.9% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Smith-Midland's Net Income for the
three
months ended in Mar. 2026 was $1.34 Mil. Smith-Midland's Revenue for the
three
months ended in Mar. 2026 was $21.57 Mil. Therefore, Smith-Midland's net margin for the quarter that ended in Mar. 2026 was 6.21%.
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: 1.33 Med: 6.26 Max: 14.95
Current: 11.39
SMID's Net Margin % is ranked better than 76.9% of 407
companies
in the Building Materials industry
Industry Median: 4.52
vs SMID: 11.39
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
Smith-Midland Net Margin % Historical Data
* Premium members only.
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.
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 % vs Building Materials Industry
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.
* 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 (SMID) has a Net Margin % of 6.21% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Smith-Midland and its competitors. This is near median its historical median of 6.26. Over the past decade, Smith-Midland's Net Margin % has ranged from 1.33 to 14.95. According to the industry distribution chart, Smith-Midland ranks #94 out of 407 companies in the Building Materials industry, placing it in the top 23.1%.
Is Smith-Midland's Net Margin % too high?
Smith-Midland's current Net Margin % of 6.21% is near median its 10-year median of 6.26. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 14.95. The Building Materials industry median Net Margin % is 4.52. Smith-Midland's value of 6.21% is 37.4% above this industry median. Based on the distribution chart, Smith-Midland ranks #94 out of 407 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Smith-Midland has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Smith-Midland's Net Margin % compare to PHCI and RETO?
According to the Building Materials industry distribution chart, Smith-Midland ranks #94 out of 407 companies for Net Margin %. This places Smith-Midland in the top 23% of its industry — outperforming the majority of peers. The industry median Net Margin % is 4.52. Smith-Midland's value of 6.21% is 37.4% above this benchmark. Historically, Smith-Midland's own Net Margin % has ranged from 1.33 to 14.95 over the past decade. While the company's 10-year median is 6.26 vs. the industry median of 4.52, Smith-Midland has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Building Materials company?
The median Net Margin % among Building Materials companies is 4.52, based on 407 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smith-Midland's current Net Margin % of 6.21% is 37.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Smith-Midland and its competitors. For the Building Materials industry, the median Net Margin % is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smith-Midland's current Net Margin % is 6.21%, which is near median its own 10-year median of 6.26. 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 $42.54, compared to a current price of $29.81 — trading 29.9% below its estimated fair value. The current Net Margin % is 6.21%, which is near median its 10-year median of 6.26 and 37.4% above the Building Materials industry median of 4.52. Smith-Midland's overall GF Score™ is 90/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Smith-Midland (SMID), the current Net Margin % is 6.21% as of Mar. 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 $29.81 is trading 29.9% below its estimated GF Value™ of $42.54.
GuruFocus considers Smith-Midland to be Significantly Undervalued.
Key valuation signals for SMID:
Net Margin %: 6.21% (near median its 10-year median of 6.26)
GF Value™: $42.54 vs. price of $29.81 (29.9% below fair value)
Industry Position: 37.4% above the Building Materials median (#94 of 407)
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.
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