Smith Net Income from 2010 to 2026

SMID Stock  USD 33.31  0.51  1.55%   
Smith Midland's Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 9.3 M this year. During the period from 2010 to 2026 Smith Midland Net Income annual values regression line had geometric mean of  1,604,735 and mean square error of 4.9 T. View All Fundamentals
 
Net Income  
First Reported
1994-09-30
Previous Quarter
4.2 M
Current Value
2.9 M
Quarterly Volatility
834.3 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Smith Midland financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smith Midland's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 M, Interest Expense of 187.9 K or Selling General Administrative of 4.3 M, as well as many indicators such as Price To Sales Ratio of 2.84, Dividend Yield of 0.0113 or PTB Ratio of 6.82. Smith financial statements analysis is a perfect complement when working with Smith Midland Valuation or Volatility modules.
  
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Check out the analysis of Smith Midland Correlation against competitors.
Analyzing Smith Midland's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing Smith Midland's current valuation and future prospects.

Latest Smith Midland's Net Income Growth Pattern

Below is the plot of the Net Income of Smith Midland Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Smith Midland Corp financial statement analysis. It represents the amount of money remaining after all of Smith Midland Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Smith Midland's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Smith Midland's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 7.67 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Smith Net Income Regression Statistics

Arithmetic Mean2,818,235
Geometric Mean1,604,735
Coefficient Of Variation118.27
Mean Deviation2,597,981
Median1,687,000
Standard Deviation3,333,190
Sample Variance11.1T
Range10.1M
R-Value0.76
Mean Square Error4.9T
R-Squared0.59
Significance0.0003
Slope504,937
Total Sum of Squares177.8T

Smith Net Income History

20269.3 M
20258.8 M
20247.7 M
2023795 K
2022800 K
20217.6 M
20202.7 M

Other Fundumenentals of Smith Midland Corp

Smith Midland Net Income component correlations

About Smith Midland Financial Statements

Smith Midland stakeholders use historical fundamental indicators, such as Smith Midland's Net Income, to determine how well the company is positioned to perform in the future. Although Smith Midland investors may analyze each financial statement separately, they are all interrelated. For example, changes in Smith Midland's assets and liabilities are reflected in the revenues and expenses on Smith Midland's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Smith Midland Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income8.8 M9.3 M
Net Income Applicable To Common Shares920 K1.8 M
Net Income From Continuing Ops8.8 M9.3 M
Net Income Per Share 1.30  1.37 
Net Income Per E B T 0.90  0.80 

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When determining whether Smith Midland Corp is a strong investment it is important to analyze Smith Midland's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Smith Midland's future performance. For an informed investment choice regarding Smith Stock, refer to the following important reports:
Check out the analysis of Smith Midland Correlation against competitors.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Will Construction Materials sector continue expanding? Could Smith diversify its offerings? Factors like these will boost the valuation of Smith Midland. If investors know Smith will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Smith Midland data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.09)
Earnings Share
2.23
Revenue Per Share
16.75
Quarterly Revenue Growth
(0.09)
Return On Assets
0.1285
Smith Midland Corp's market price often diverges from its book value, the accounting figure shown on Smith's balance sheet. Smart investors calculate Smith Midland's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Smith Midland's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Smith Midland's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smith Midland is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smith Midland's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.