Smith-Midland Corporation (SMID) Gross margin 2016–2025
Smith-Midland Corporation (SMID) gross margin by fiscal year — reported gross profit divided by reported revenue.
27.9%FY2025 · since FY2016: 25.8% → 27.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 27.9% | +2.4 pp |
| FY2024 | 25.5% | +7.6 pp |
| FY2023 | 17.9% | -1.0 pp |
| FY2022 | 18.9% | -9.6 pp |
| FY2021 | 28.5% | +3.3 pp |
| FY2020 | 25.2% | +3.8 pp |
| FY2019 | 21.4% | -4.7 pp |
| FY2018 | 26.1% | -1.4 pp |
| FY2017 | 27.5% | +1.6 pp |
| FY2016 | 25.8% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice