Smith Midland annual return on equity
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Smith Midland Return on Equity (ROE) Growth & History (SMID)
Smith Midland's return on equity was 26.04% for fiscal 2025.
View full Smith Midland company overviewSmith Midland annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 26.04% | +5.82 pp |
| 2024 | 2024-12-31 | 20.22% | +17.86 pp |
| 2023 | 2023-12-31 | 2.37% | −0.10 pp |
| 2022 | 2022-12-31 | 2.47% | −24.86 pp |
| 2021 | 2021-12-31 | 27.33% | +15.34 pp |
| 2020 | 2020-12-31 | 11.99% | +2.17 pp |
| 2019 | 2019-12-31 | 9.82% | +0.47 pp |
| 2018 | 2018-12-31 | 9.35% | −7.72 pp |
| 2017 | 2017-12-31 | 17.07% | −5.05 pp |
| 2016 | 2016-12-31 | 22.12% | +12.57 pp |
| 2015 | 2015-12-31 | 9.55% | +16.91 pp |
| 2014 | 2014-12-31 | −7.35% | −13.56 pp |
| 2013 | 2013-12-31 | 6.21% | +2.72 pp |
| 2012 | 2012-12-31 | 3.49% | — |
Smith Midland quarterly return on equity
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Q4.11
Q1.12
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Q3.12
Q4.12
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Q2.13
Q3.13
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Q3.18
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Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.45% | −6.39 pp |
| Q1 2026 | 2026-03-31 | 2.44% | −5.23 pp |
| Q4 2025 | 2025-12-31 | 4.00% | — |
| Q3 2025 | 2025-09-30 | 5.68% | −2.45 pp |
| Q2 2025 · Jun 30 | 2025-06-30 | 8.84% | +3.38 pp |
| Q1 2025 | 2025-03-31 | 7.67% | +4.36 pp |
| Q3 2024 | 2024-09-30 | 8.13% | +4.31 pp |
| Q2 2024 · Jun 30 | 2024-06-30 | 5.47% | +7.85 pp |
| Q1 2024 | 2024-03-31 | 3.30% | +3.06 pp |
| Q4 2023 | 2023-12-31 | 0.68% | +0.67 pp |
| Q3 2023 | 2023-09-30 | 3.82% | +3.80 pp |
| Q2 2023 | 2023-06-30 | −2.38% | −5.20 pp |
| Q1 2023 | 2023-03-31 | 0.24% | +0.62 pp |
| Q4 2022 | 2022-12-31 | 0.01% | −0.06 pp |
| Q3 2022 | 2022-09-30 | 0.02% | −12.48 pp |
| Q2 2022 | 2022-06-30 | 2.82% | −0.81 pp |
| Q1 2022 | 2022-03-31 | −0.37% | −11.80 pp |
| Q4 2021 | 2021-12-31 | 0.08% | −3.00 pp |
| Q3 2021 | 2021-09-30 | 12.50% | +5.45 pp |
| Q2 2021 | 2021-06-30 | 3.63% | +1.53 pp |
| Q1 2021 | 2021-03-31 | 11.42% | +11.60 pp |
| Q4 2020 | 2020-12-31 | 3.07% | −0.54 pp |
| Q3 2020 | 2020-09-30 | 7.04% | +4.14 pp |
| Q2 2020 | 2020-06-30 | 2.10% | +0.62 pp |
| Q1 2020 | 2020-03-31 | −0.18% | −1.96 pp |
| Q4 2019 | 2019-12-31 | 3.61% | −1.22 pp |
| Q3 2019 | 2019-09-30 | 2.90% | +0.00 pp |
| Q2 2019 | 2019-06-30 | 1.48% | −2.52 pp |
| Q1 2019 | 2019-03-31 | 1.78% | +4.26 pp |
| Q4 2018 | 2018-12-31 | 4.83% | +2.68 pp |
| Q3 2018 | 2018-09-30 | 2.90% | −1.62 pp |
| Q2 2018 | 2018-06-30 | 4.01% | −0.51 pp |
| Q1 2018 | 2018-03-31 | −2.48% | −8.27 pp |
| Q4 2017 | 2017-12-31 | 2.15% | −6.08 pp |
| Q3 2017 | 2017-09-30 | 4.52% | −2.28 pp |
| Q2 2017 | 2017-06-30 | 4.52% | +0.88 pp |
| Q1 2017 | 2017-03-31 | 5.80% | +2.11 pp |
| Q4 2016 | 2016-12-31 | 8.23% | +6.72 pp |
| Q3 2016 | 2016-09-30 | 6.80% | −3.89 pp |
| Q2 2016 | 2016-06-30 | 3.64% | +1.21 pp |
| Q1 2016 | 2016-03-31 | 3.69% | +8.82 pp |
| Q4 2015 | 2015-12-31 | 1.51% | +7.20 pp |
| Q3 2015 | 2015-09-30 | 10.69% | +9.69 pp |
| Q2 2015 | 2015-06-30 | 2.43% | +2.16 pp |
| Q1 2015 | 2015-03-31 | −5.13% | −2.21 pp |
| Q4 2014 | 2014-12-31 | −5.69% | −8.64 pp |
| Q3 2014 | 2014-09-30 | 1.00% | −1.46 pp |
| Q2 2014 | 2014-06-30 | 0.27% | +2.29 pp |
| Q1 2014 | 2014-03-31 | −2.92% | −5.72 pp |
| Q4 2013 | 2013-12-31 | 2.95% | +8.33 pp |
| Q3 2013 | 2013-09-30 | 2.46% | −3.60 pp |
| Q2 2013 | 2013-06-30 | −2.02% | −5.94 pp |
| Q1 2013 | 2013-03-31 | 2.81% | +4.00 pp |
| Q4 2012 | 2012-12-31 | −5.39% | −2.41 pp |
| Q3 2012 | 2012-09-30 | 6.06% | +10.22 pp |
| Q2 2012 | 2012-06-30 | 3.92% | +1.65 pp |
| Q1 2012 | 2012-03-31 | −1.19% | — |
| Q4 2011 | 2011-12-31 | −2.98% | — |
| Q3 2011 · Sep 30 | 2011-09-30 | −4.16% | — |
| Q2 2011 · Jun 30 | 2011-06-30 | 2.26% | — |
Smith Midland return on equity trends
Over the last five fiscal years, Smith Midland's return on equity increased from 11.99% to 26.04%, a change of +14.06 percentage points. The latest reported quarter, Q2 2026, shows 2.45%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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