Smith Midland annual operating margin
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2025
Smith Midland Operating Margin Growth & History (SMID)
Smith Midland's operating margin was 18.19% for fiscal 2025.
View full Smith Midland company overviewSmith Midland annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 18.19% | +5.58 pp |
| 2024 | 2024-12-31 | 12.61% | +10.73 pp |
| 2023 | 2023-12-31 | 1.88% | +0.17 pp |
| 2022 | 2022-12-31 | 1.70% | −10.48 pp |
| 2021 | 2021-12-31 | 12.18% | +3.61 pp |
| 2020 | 2020-12-31 | 8.57% | +3.12 pp |
| 2019 | 2019-12-31 | 5.45% | −0.06 pp |
| 2018 | 2018-12-31 | 5.51% | −3.40 pp |
| 2017 | 2017-12-31 | 8.91% | −1.92 pp |
| 2016 | 2016-12-31 | 10.83% | +5.43 pp |
| 2015 | 2015-12-31 | 5.40% | +10.72 pp |
| 2014 | 2014-12-31 | −5.32% | −9.94 pp |
| 2013 | 2013-12-31 | 4.62% | +1.86 pp |
| 2012 | 2012-12-31 | 2.76% | +4.13 pp |
| 2011 | 2011-12-31 | −1.37% | — |
Smith Midland quarterly operating margin
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Q3.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
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Q3.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 8.50% | −10.83 pp |
| Q1 2026 | 2026-03-31 | 8.01% | −8.31 pp |
| Q3 2025 | 2025-09-30 | 17.97% | +17.95 pp |
| Q2 2025 · Jun 30 | 2025-06-30 | 21.07% | +12.07 pp |
| Q1 2025 | 2025-03-31 | 19.33% | +16.01 pp |
| Q3 2024 | 2024-09-30 | 16.32% | +6.72 pp |
| Q2 2024 · Jun 30 | 2024-06-30 | 0.01% | +6.69 pp |
| Q1 2024 | 2024-03-31 | 9.01% | +8.59 pp |
| Q4 2023 | 2023-12-31 | 3.31% | +3.82 pp |
| Q3 2023 | 2023-09-30 | 9.60% | +9.56 pp |
| Q2 2023 | 2023-06-30 | −6.67% | −14.94 pp |
| Q1 2023 | 2023-03-31 | 0.42% | +2.08 pp |
| Q4 2022 | 2022-12-31 | −0.50% | +1.29 pp |
| Q3 2022 | 2022-09-30 | 0.03% | −9.65 pp |
| Q2 2022 | 2022-06-30 | 8.27% | −2.11 pp |
| Q1 2022 | 2022-03-31 | −1.66% | −26.64 pp |
| Q4 2021 | 2021-12-31 | −1.80% | −12.45 pp |
| Q3 2021 | 2021-09-30 | 9.68% | −6.69 pp |
| Q2 2021 | 2021-06-30 | 10.38% | +4.90 pp |
| Q1 2021 | 2021-03-31 | 24.98% | +25.41 pp |
| Q4 2020 | 2020-12-31 | 10.65% | +2.83 pp |
| Q3 2020 | 2020-09-30 | 16.37% | +10.67 pp |
| Q2 2020 | 2020-06-30 | 5.48% | +2.05 pp |
| Q1 2020 | 2020-03-31 | −0.43% | −4.81 pp |
| Q4 2019 | 2019-12-31 | 7.82% | −2.37 pp |
| Q3 2019 | 2019-09-30 | 5.70% | −1.26 pp |
| Q2 2019 | 2019-06-30 | 3.44% | −5.83 pp |
| Q1 2019 | 2019-03-31 | 4.39% | +10.45 pp |
| Q4 2018 | 2018-12-31 | 10.19% | +9.84 pp |
| Q3 2018 | 2018-09-30 | 6.96% | −3.76 pp |
| Q2 2018 | 2018-06-30 | 9.26% | −0.92 pp |
| Q1 2018 | 2018-03-31 | −6.06% | −20.34 pp |
| Q4 2017 | 2017-12-31 | 0.35% | −19.04 pp |
| Q3 2017 | 2017-09-30 | 10.72% | −3.56 pp |
| Q2 2017 | 2017-06-30 | 10.19% | +3.62 pp |
| Q1 2017 | 2017-03-31 | 14.28% | +16.10 pp |
| Q4 2016 | 2016-12-31 | 19.39% | +16.49 pp |
| Q3 2016 | 2016-09-30 | 14.28% | −2.73 pp |
| Q2 2016 | 2016-06-30 | 6.57% | +0.53 pp |
| Q1 2016 | 2016-03-31 | −1.82% | +18.01 pp |
| Q4 2015 | 2015-12-31 | 2.90% | +24.83 pp |
| Q3 2015 | 2015-09-30 | 17.01% | +13.38 pp |
| Q2 2015 | 2015-06-30 | 6.04% | +4.54 pp |
| Q1 2015 | 2015-03-31 | −19.83% | −10.31 pp |
| Q4 2014 | 2014-12-31 | −21.93% | −29.55 pp |
| Q3 2014 | 2014-09-30 | 3.63% | −3.39 pp |
| Q2 2014 | 2014-06-30 | 1.50% | +7.21 pp |
| Q1 2014 | 2014-03-31 | −9.52% | −17.53 pp |
| Q4 2013 | 2013-12-31 | 7.62% | +25.92 pp |
| Q3 2013 | 2013-09-30 | 7.02% | −6.45 pp |
| Q2 2013 | 2013-06-30 | −5.71% | −16.66 pp |
| Q1 2013 | 2013-03-31 | 8.01% | +11.21 pp |
| Q4 2012 | 2012-12-31 | −18.30% | −9.29 pp |
| Q3 2012 | 2012-09-30 | 13.47% | +23.19 pp |
| Q2 2012 | 2012-06-30 | 10.95% | +4.89 pp |
| Q1 2012 | 2012-03-31 | −3.20% | −7.40 pp |
| Q4 2011 | 2011-12-31 | −9.00% | −25.21 pp |
| Q3 2011 | 2011-09-30 | −9.72% | −21.07 pp |
| Q2 2011 | 2011-06-30 | 6.07% | — |
| Q1 2011 | 2011-03-31 | 4.21% | — |
| Q3 2010 | 2010-09-30 | 16.21% | — |
| Q2 2010 | 2010-06-30 | 11.35% | — |
Smith Midland operating margin trends
Over the last five reported fiscal years, Smith Midland's operating margin increased from 8.57% to 18.19%, a change of +9.62 percentage points. The latest reported quarter, Q2 2026, shows 8.50%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Smith Midland filings at SEC.gov ↗