Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Smith-Midland Corp. (SMID) had Return on Tangible Equity of 5.52% for the most recently reported fiscal quarter, ending 2025-09-30.

Quarterly Annual

Figures for fiscal quarter ending 2025-09-30

Income Statement Financials
Revenue	$21.45M
Net Income	$2.88M
Cost of Goods Sold	$15.69M
Gross Profit	$5.76M
Operating Expenses	$17.60M
Operating Income	$3.85M
Non-Operating Income/Expense	$0.02M
Pre-Tax Income	$3.87M
Normalized Pre-Tax Income	$3.87M
Income after Taxes	$2.88M
Income from Continuous Operations	$2.88M
Consolidated Net Income/Loss	$2.88M
Normalized Income after Taxes	$2.88M
EBIT	$3.85M
EBITDA	$4.47M
Weighted-Average Shares Outstanding (Basic)	5.30M
Weighted-Average Shares Outstanding (Diluted)	5.30M
Earnings per Share (EPS) (Basic)	$0.54
Earnings per Share (EPS) (Diluted)	$0.54
Balance Sheet Financials
Current Assets	$49.81M
Property, Plant, and Equipment	$35.13M
Long-Term Assets	$35.63M
Total Assets	$85.44M
Current Liabilities	$18.03M
Long-Term Debt	$3.93M
Long-Term Liabilities	$15.28M
Total Liabilities	$33.31M
Common Equity	$52.13M
Tangible Shareholders Equity	$52.13M
Shareholders Equity	$52.13M
Common Shares Outstanding	5.30M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$11.71M
Cash Flow from Investing Activities	$-5.38M
Cash Flow from Financial Activities	$-0.50M
Beginning Cash	$7.55M
End Cash	$13.38M
Increase/Decrease in Cash	$5.83M
Stock-Based Compensation	$0.01M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.76
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.07
Debt to Equity Ratio	0.09
Gross Margin	26.85%
Operating Margin	17.97%
EBIT Margin	17.97%
EBITDA Margin	--
Pre-Tax Profit Margin	18.05%
Profit Margin	13.41%
Free Cash Flow	$6.33M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.25
Inventory Turnover	1.99
Receiveable Turnover	0.80
Days Sales in Receivables	112.68
Return on Equity	5.52%
Return on Tangible Equity	5.52%
Return on Assets	3.37%
Return on Investments	5.13%
Book Value Per Share	$9.83
Free Cash Flow per Share	$1.19
Operating Cash Flow per Share	$2.21

Data from Zacks Investment Research, Inc.