What is Smith Midland Corp's earnings per share (EPS)?

Smith Midland Corp (SMID) reported diluted earnings per share of $2.36 for fiscal year 2025. This represents a 62.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Smith Midland Corp Financials

SMID

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Smith Midland Corp (SMID) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SMID FY2025 2026-04-22

Smith-Midland’s profit expansion now reflects better unit economics and overhead restraint, even as receivables and reinvestment still absorb cash.

The recent earnings jump is not just a sales story: gross margin reached 27.9% while SG&A fell to $5.7M, so much more revenue converted into operating profit. That shows up in cash conversion too, with operating cash flow of $14.3M running ahead of net income at $12.5M, which usually signals cleaner earnings quality.

The balance sheet appears conservative: current assets cover current liabilities 3.4x, and no long-term debt is reported. But accounts receivable of $27.2M are more than twice cash, so liquidity is solid but not fully immediate and collections can materially shape cash results.

This remains a capital-intensive business rather than an asset-light cash machine, even after the profit surge. Capital spending of $9.3M left free cash flow at $5.0M, so strong operations do not flow straight through to excess cash.

Financial Health Signals

Financial Health Score 67/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Smith Midland Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Smith Midland Corp has an operating margin of 18.2%, meaning the company retains $18 of operating profit per $100 of revenue. This strong profitability earns a score of 67/100, reflecting efficient cost management and pricing power. This is up from 12.6% the prior year.

Growth

Smith Midland Corp's revenue surged 19.0% year-over-year to $93.4M, reflecting rapid business expansion. This strong growth earns a score of 86/100.

Leverage

Smith Midland Corp has a moderate D/E ratio of 0.62. This balance of debt and equity financing earns a leverage score of 56/100.

Liquidity

With a current ratio of 3.40, Smith Midland Corp holds $3.40 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 81/100.

Cash Flow

Smith Midland Corp has a free cash flow margin of 5.3%, earning a moderate score of 40/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Smith Midland Corp earns a strong 23.0% return on equity (ROE), meaning it generates $23 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 73/100. This is up from 18.4% the prior year.

Altman Z-Score Safe

5.77

Smith Midland Corp scores 5.77, well above the 2.99 safe threshold. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

6/8

Smith Midland Corp passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.14x

For every $1 of reported earnings, Smith Midland Corp generates $1.14 in operating cash flow ($14.3M OCF vs $12.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

75.5x

Smith Midland Corp earns $75.5 in operating income for every $1 of interest expense ($17.0M vs $225K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$93.4M

YoY+19.0%

5Y CAGR+16.3%

10Y CAGR+12.3%

Smith Midland Corp generated $93.4M in revenue in fiscal year 2025. This represents an increase of 19.0% from the prior year.

EBITDA

$19.9M

YoY+58.3%

5Y CAGR+26.4%

10Y CAGR+24.4%

Smith Midland Corp's EBITDA was $19.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 58.3% from the prior year.

Net Income

$12.5M

YoY+62.9%

5Y CAGR+36.2%

10Y CAGR+28.2%

Smith Midland Corp reported $12.5M in net income in fiscal year 2025. This represents an increase of 62.9% from the prior year.

EPS (Diluted)

$2.36

YoY+62.8%

5Y CAGR+35.9%

10Y CAGR+27.4%

Smith Midland Corp earned $2.36 per diluted share (EPS) in fiscal year 2025. This represents an increase of 62.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$5.0M

YoY+574.9%

5Y CAGR+0.4%

Smith Midland Corp generated $5.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 574.9% from the prior year.

Cash & Debt

$11.9M

YoY+57.4%

5Y CAGR+6.3%

10Y CAGR+12.9%

Smith Midland Corp held $11.9M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY+0.0%

5Y CAGR+0.4%

10Y CAGR+0.7%

Smith Midland Corp had 5M shares outstanding in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin

27.9%

YoY+2.4pp

5Y CAGR+2.7pp

10Y CAGR+3.5pp

Smith Midland Corp's gross margin was 27.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 2.4 percentage points from the prior year.

Operating Margin

18.2%

YoY+5.6pp

5Y CAGR+9.6pp

10Y CAGR+12.8pp

Smith Midland Corp's operating margin was 18.2% in fiscal year 2025, reflecting core business profitability. This is up 5.6 percentage points from the prior year.

Net Margin

13.4%

YoY+3.6pp

5Y CAGR+7.3pp

10Y CAGR+9.8pp

Smith Midland Corp's net profit margin was 13.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 3.6 percentage points from the prior year.

Return on Equity

23.0%

YoY+4.6pp

5Y CAGR+11.8pp

10Y CAGR+13.9pp

Smith Midland Corp's ROE was 23.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 4.6 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$9.3M

YoY+50.5%

5Y CAGR+28.9%

10Y CAGR+19.0%

Smith Midland Corp invested $9.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 50.5% from the prior year.

SMID Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$93.4M+19.0%	$78.5M+31.8%	$59.6M+18.8%	$50.1M-1.0%	$50.6M+15.5%	$43.9M
Cost of Revenue	$67.4M+15.2%	$58.5M+19.6%	$48.9M+20.3%	$40.7M+12.3%	$36.2M+10.4%	$32.8M
Gross Profit	$26.0M+30.1%	$20.0M+87.9%	$10.7M+12.5%	$9.5M-34.3%	$14.4M+30.6%	$11.0M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$5.7M-13.5%	$6.6M+9.4%	$6.0M+7.9%	$5.6M+2.5%	$5.4M+8.6%	$5.0M
Operating Income	$17.0M+71.7%	$9.9M+785.4%	$1.1M+30.9%	$854K-86.2%	$6.2M+64.1%	$3.8M
Interest Expense	$225K-2.6%	$231K-9.4%	$255K-1.9%	$260K+36.8%	$190K-12.4%	$217K
Income Tax	$4.5M+110.9%	$2.1M+305.9%	$528K+264.1%	$145K-90.5%	$1.5M+35.2%	$1.1M
Net Income	$12.5M+62.9%	$7.7M+865.4%	$795K-0.6%	$800K-89.4%	$7.6M+184.1%	$2.7M
EPS (Diluted)	$2.36+62.8%	$1.45+866.7%	$0.150.0%	$0.15-89.7%	$1.45+184.3%	$0.51

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$21.6M-6.7%	$23.1M+7.7%	$21.5M-18.1%	$26.2M+15.4%	$22.7M+22.5%	$18.5M-21.4%	$23.6M+20.1%	$19.6M
Cost of Revenue	$17.3M-1.8%	$17.6M+12.1%	$15.7M-14.7%	$18.4M+17.0%	$15.7M-45.1%	$28.6M+68.4%	$17.0M+117120.5%	$15K
Gross Profit	$4.3M-22.0%	$5.5M-4.2%	$5.8M-26.0%	$7.8M+11.6%	$7.0M+169.0%	-$10.1M-253.6%	$6.6M+128051.2%	$5K
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$1.8M+19.3%	$1.5M+33.6%	$1.1M-27.3%	$1.5M-4.4%	$1.6M-51.8%	$3.3M+90.9%	$1.7M+102955.7%	$2K
Operating Income	$1.7M-46.6%	$3.2M-16.1%	$3.9M-30.2%	$5.5M+25.8%	$4.4M-3.4%	$4.5M+18.0%	$3.8M+143858.1%	$3K
Interest Expense	$47K-26.6%	$64K+45.5%	$44K-29.0%	$62K+12.7%	$55K-52.1%	$115K+105.3%	$56K+94815.3%	$59
Income Tax	$422K-64.7%	$1.2M+20.2%	$994K-24.2%	$1.3M+28.5%	$1.0M-6.5%	$1.1M+57.3%	$694K+109710.1%	$632
Net Income	$1.3M	N/A	$2.9M	N/A	$3.3M+138.2%	$1.4M-55.7%	$3.1M+59.0%	$2.0M
EPS (Diluted)	$0.25	N/A	$0.54-31.6%	$0.79+27.4%	$0.62	N/A	$0.59+59.5%	$0.37

SMID Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$87.7M+29.0%	$68.0M+10.8%	$61.3M+13.0%	$54.3M+1.9%	$53.3M+14.6%	$46.5M
Current Assets	$48.7M+36.0%	$35.8M+7.6%	$33.3M+15.2%	$28.9M+4.3%	$27.8M+18.9%	$23.3M
Cash & Equivalents	$11.9M+57.4%	$7.5M-17.7%	$9.2M+36.4%	$6.7M-50.1%	$13.5M+53.9%	$8.8M
Inventory	$5.2M+13.5%	$4.6M+63.0%	$2.8M+38.1%	$2.0M+20.0%	$1.7M	N/A
Accounts Receivable	$27.2M+40.2%	$19.4M+12.8%	$17.2M+6.1%	$16.2M+62.0%	$10.0M+2.2%	$9.8M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$33.4M+27.3%	$26.3M-3.4%	$27.2M+27.9%	$21.3M-1.2%	$21.5M-5.8%	$22.9M
Current Liabilities	$14.3M-4.5%	$15.0M-6.3%	$16.0M+42.7%	$11.2M-19.3%	$13.9M+56.2%	$8.9M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$54.3M+30.1%	$41.7M+22.2%	$34.2M+3.3%	$33.1M+4.1%	$31.8M+34.3%	$23.6M
Retained Earnings	$46.6M+36.7%	$34.1M+29.1%	$26.4M+2.8%	$25.7M+3.2%	$24.9M+43.8%	$17.3M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$92.2M+5.1%	$87.7M+2.7%	$85.4M+5.2%	$81.2M+8.7%	$74.7M+9.8%	$68.0M+2.0%	$66.6M+4.0%	$64.0M
Current Assets	$51.6M+5.9%	$48.7M-2.1%	$49.8M+5.0%	$47.4M+14.1%	$41.6M+16.0%	$35.8M+2.4%	$35.0M+3.8%	$33.7M
Cash & Equivalents	$13.2M+11.2%	$11.9M-11.2%	$13.4M+88.4%	$7.1M-21.2%	$9.0M+19.3%	$7.5M-16.3%	$9.0M+23.7%	$7.3M
Inventory	$5.5M+4.9%	$5.2M-3.2%	$5.4M+5.8%	$5.1M-2.2%	$5.2M+13.3%	$4.6M+15.0%	$4.0M+0.3%	$4.0M
Accounts Receivable	$28.1M+3.0%	$27.2M+6.9%	$25.5M-16.0%	$30.3M+32.5%	$22.9M+17.8%	$19.4M+9.0%	$17.8M+3.7%	$17.2M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$36.5M+9.3%	$33.4M+0.3%	$33.3M+4.3%	$31.9M+7.9%	$29.6M+12.7%	$26.3M-0.1%	$26.3M-2.1%	$26.9M
Current Liabilities	$16.6M+15.7%	$14.3M-20.5%	$18.0M+9.4%	$16.5M-4.5%	$17.3M+14.9%	$15.0M+19.1%	$12.6M-15.3%	$14.9M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$55.7M+2.5%	$54.3M+4.2%	$52.1M+5.9%	$49.2M+9.3%	$45.1M+8.0%	$41.7M+3.5%	$40.3M+8.5%	$37.2M
Retained Earnings	$47.9M+2.9%	$46.6M+4.8%	$44.4M+6.9%	$41.6M+11.2%	$37.4M+9.8%	$34.1M+4.3%	$32.7M+10.7%	$29.5M

SMID Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$14.3M+177.3%	$5.2M-33.3%	$7.7M+222.1%	-$6.3M-169.4%	$9.1M+21.9%	$7.5M
Capital Expenditures	$9.3M+50.5%	$6.2M+23.8%	$5.0M+82.2%	$2.7M-48.8%	$5.4M+104.3%	$2.6M
Free Cash Flow	$5.0M+574.9%	-$1.0M-138.4%	$2.7M+130.0%	-$9.1M-341.6%	$3.8M-22.7%	$4.9M
Investing Cash Flow	-$9.3M-51.5%	-$6.2M-31.9%	-$4.7M-77.3%	-$2.6M+28.0%	-$3.7M-50.9%	-$2.4M
Financing Cash Flow	-$647K-1.9%	-$635K-2.6%	-$619K-128.1%	$2.2M+395.6%	-$744K-131.9%	$2.3M
Dividends Paid	N/A	N/A	N/A	N/A	$0-100.0%	$282K
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$3.1M+21.0%	$2.6M-77.9%	$11.7M	N/A	$2.2M+443.7%	-$645K-111.1%	$5.8M+644.7%	$779K
Capital Expenditures	$1.6M-58.8%	$4.0M-26.5%	$5.4M	N/A	$595K-9.8%	$660K-88.1%	$5.5M+409.2%	-$1.8M
Free Cash Flow	$1.5M+209.6%	-$1.4M-121.6%	$6.3M	N/A	$1.6M+224.3%	-$1.3M-598.9%	$262K+125.8%	-$1.0M
Investing Cash Flow	-$1.6M+58.6%	-$3.9M+26.8%	-$5.4M	N/A	-$595K+5.9%	-$632K+88.5%	-$5.5M-483.9%	$1.4M
Financing Cash Flow	-$166K-16.1%	-$143K+71.6%	-$504K-100.3%	$163.7M+99897.6%	-$164K+12.8%	-$188K+57.9%	-$447K-385.1%	$157K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SMID Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	27.9%+2.4pp	25.5%+7.6pp	17.9%-1.0pp	18.9%-9.6pp	28.5%+3.3pp	25.2%
Operating Margin	18.2%+5.6pp	12.6%+10.7pp	1.9%+0.2pp	1.7%-10.5pp	12.2%+3.6pp	8.6%
Net Margin	13.4%+3.6pp	9.8%+8.4pp	1.3%-0.3pp	1.6%-13.4pp	14.9%+8.9pp	6.1%
Return on Equity	23.0%+4.6pp	18.4%+16.1pp	2.3%-0.1pp	2.4%-21.4pp	23.8%+12.6pp	11.3%
Return on Assets	14.3%+3.0pp	11.3%+10.0pp	1.3%-0.2pp	1.5%-12.7pp	14.2%+8.5pp	5.7%
Current Ratio	3.40+1.0	2.39+0.3	2.08-0.5	2.58+0.6	2.00-0.6	2.62
Debt-to-Equity	0.62-0.0	0.63-0.2	0.80+0.2	0.64-0.0	0.68-0.3	0.97
FCF Margin	5.3%+6.6pp	-1.3%-5.9pp	4.6%+22.7pp	-18.1%-25.5pp	7.4%-3.7pp	11.1%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	20.0%-3.9pp	23.9%-3.0pp	26.9%-2.9pp	29.7%-1.0pp	30.7%+85.3pp	-54.5%-82.4pp	27.9%+27.9pp	0.0%
Operating Margin	8.0%-6.0pp	14.0%-4.0pp	18.0%-3.1pp	21.1%+1.7pp	19.3%-5.2pp	24.5%+8.2pp	16.3%+16.3pp	0.0%
Net Margin	6.2%	N/A	13.4%	N/A	14.7%+7.1pp	7.5%-5.8pp	13.4%+3.3pp	10.1%
Return on Equity	2.4%	N/A	5.5%	N/A	7.4%+4.0pp	3.4%-4.5pp	7.8%+2.5pp	5.3%
Return on Assets	1.5%	N/A	3.4%	N/A	4.5%+2.4pp	2.1%-2.7pp	4.7%+1.6pp	3.1%
Current Ratio	3.11-0.3	3.40+0.6	2.76-0.1	2.88+0.5	2.41+0.0	2.39-0.4	2.78+0.5	2.27
Debt-to-Equity	0.66+0.0	0.62-0.0	0.640.0	0.650.0	0.66+0.0	0.63-0.0	0.65-0.1	0.72
FCF Margin	7.0%+12.9pp	-5.9%-35.4pp	29.5%	N/A	7.1%+14.2pp	-7.0%-8.2pp	1.1%+6.3pp	-5.2%

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Frequently Asked Questions

What is Smith Midland Corp's annual revenue?

Smith Midland Corp (SMID) reported $93.4M in total revenue for fiscal year 2025. This represents a 19.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Smith Midland Corp's revenue growing?

Smith Midland Corp (SMID) revenue grew by 19% year-over-year, from $78.5M to $93.4M in fiscal year 2025.

Is Smith Midland Corp profitable?

Yes, Smith Midland Corp (SMID) reported a net income of $12.5M in fiscal year 2025, with a net profit margin of 13.4%.

What is Smith Midland Corp's EBITDA?

Smith Midland Corp (SMID) had EBITDA of $19.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Smith Midland Corp's gross margin?

Smith Midland Corp (SMID) had a gross margin of 27.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Smith Midland Corp's operating margin?

Smith Midland Corp (SMID) had an operating margin of 18.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Smith Midland Corp's net profit margin?

Smith Midland Corp (SMID) had a net profit margin of 13.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Smith Midland Corp's return on equity (ROE)?

Smith Midland Corp (SMID) has a return on equity of 23.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Smith Midland Corp's free cash flow?

Smith Midland Corp (SMID) generated $5.0M in free cash flow during fiscal year 2025. This represents a 574.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Smith Midland Corp's operating cash flow?

Smith Midland Corp (SMID) generated $14.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Smith Midland Corp's total assets?

Smith Midland Corp (SMID) had $87.7M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Smith Midland Corp's capital expenditures?

Smith Midland Corp (SMID) invested $9.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Smith Midland Corp have outstanding?

Smith Midland Corp (SMID) had 5M shares outstanding as of fiscal year 2025.

What is Smith Midland Corp's current ratio?

Smith Midland Corp (SMID) had a current ratio of 3.40 as of fiscal year 2025, which is generally considered healthy.

What is Smith Midland Corp's debt-to-equity ratio?

Smith Midland Corp (SMID) had a debt-to-equity ratio of 0.62 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Smith Midland Corp's return on assets (ROA)?

Smith Midland Corp (SMID) had a return on assets of 14.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Smith Midland Corp's Altman Z-Score?

Smith Midland Corp (SMID) has an Altman Z-Score of 5.77, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Smith Midland Corp's Piotroski F-Score?

Smith Midland Corp (SMID) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Smith Midland Corp's earnings high quality?

Smith Midland Corp (SMID) has an earnings quality ratio of 1.14x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Smith Midland Corp cover its interest payments?

Smith Midland Corp (SMID) has an interest coverage ratio of 75.5x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Smith Midland Corp?

Smith Midland Corp (SMID) scores 67 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.