CSIMarket
 


Smith midland Corporation  (SMID)
Other Ticker:  
 
 

SMID's Revenue Growth by Quarter and Year

Smith Midland's Revenue results by quarter and year




SMID Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 14.49 13.10 12.52
III Quarter September 15.65 11.96 12.31 10.45
II Quarter June 14.70 13.25 15.22 9.83
I Quarter March 12.84 10.44 11.07 12.44
FY   43.19 50.14 51.70 45.24



SMID Revenue third quarter 2023 Y/Y Growth Comment
Smith midland Corporation achieved in the third quarter 2023, above Company average Revenue growth of 30.86% year on year, to $ 15.65 millions.

Looking into third quarter 2023 results within Construction Raw Materials industry 3 other companies have achieved higher Revenue growth. While Smith Midland Corporation' s Revenue rise of 30.86% ranks overall at the positon no. 509 in the third quarter 2023.




SMID Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 10.61 % 4.63 % -5.22 %
III Quarter September 30.86 % -2.84 % 17.8 % -3.69 %
II Quarter June 10.94 % -12.94 % 54.83 % -3.53 %
I Quarter March 22.99 % -5.69 % -11.01 % 6.14 %
FY   - -3.02 % 14.28 % -1.59 %

Financial Statements
Smith Midland's third quarter 2023 Revenue $ 15.65 millions SMID's Income Statement
Smith Midland's third quarter 2022 Revenue $ 11.96 millions Quarterly SMID's Income Statement
New: More SMID's historic Revenue Growth >>


SMID Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 21.15 % 6.42 % 19.81 %
III Quarter September 6.47 % -9.74 % -19.12 % 6.31 %
II Quarter June 14.49 % 26.92 % 37.49 % -20.98 %
I Quarter March -11.39 % -20.31 % -11.58 % -5.83 %
FY (Year on Year)   - -3.02 % 14.28 % -1.59 %




Revenue third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Construction Raw Materials Industry #4
Basic Materials Sector #23
Overall #509

Revenue Y/Y Growth Statistics
High Average Low
91.78 % 11.38 % -43.03 %
(Mar 31 2016)   (Dec 31 2014)
Revenue third quarter 2023 Y/Y Growth Company Ranking
Within: No.
Construction Raw Materials Industry #4
Basic Materials Sector #23
Overall #509
Revenue Y/Y Growth Statistics
High Average Low
91.78 % 11.38 % -43.03 %
(Mar 31 2016)   (Dec 31 2014)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Smith Midland's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
64.22 % 4.88 % -37.42 %
(Jun 30 2015)  


SMID's III. Quarter Q/Q Revenue Comment
Smith midland Corporation achieved in the III. Quarter 2023 above company average sequential Revenue increase of 6.47%, to $ 15.65 millions, from $14.70 millions in the second quarter.

Within Construction Raw Materials industry 4 other companies have achieved higher Revenue quarter on quarter growth. While Smith Midland's Revenue growth quarter on quarter, overall rank is 662.


Revenue Q/Q Growth Company Ranking
Within: No.
Construction Raw Materials Industry #5
Basic Materials Sector #30
Overall #662
Revenue Q/Q Growth Company Ranking
Within: No.
Construction Raw Materials Industry #5
Basic Materials Sector #30
Overall #662
Revenue Q/Q Growth Statistics
High Average Low
64.22 % 4.88 % -37.42 %
(Jun 30 2015)  


SMID's III. Quarter Q/Q Revenue Comment
Smith midland Corporation achieved in the III. Quarter 2023 above company average sequential Revenue increase of 6.47%, to $ 15.65 millions, from $14.70 millions in the second quarter.

Within Construction Raw Materials industry 4 other companies have achieved higher Revenue quarter on quarter growth. While Smith Midland's Revenue growth quarter on quarter, overall rank is 662.


Smith Midland's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
Cumulative Revenue 12 Months Ending $ 57.68 $ 53.98 $ 52.54 $ 50.13 $ 48.74
Y / Y Revenue Growth (TTM) 18.33 % 9.96 % 2.89 % -3.03 % -4.63 %
Year on Year Revenue Growth Overall Ranking # 2534 # 2524 # 1324 # 1506 # 1772
Seqeuential Revenue Change (TTM) 6.84 % 2.75 % 4.8 % 2.85 % -0.71 %
Seq. Revenue Growth (TTM) Overall Ranking # 2210 # 2746 # 2446 # 2531 # 1709




Cumulative Revenue growth Comment
Smith Midland saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 18.33% year on year, to $ 58 millions if the fiscal year would have ended in Sep 30 2023.
Smith Midland's trailing twelve months Revenue growth was higher than company's average 9.46% and higher than 9.96% growth in Jun 30 2023.
But from twelve months ended Jun 30 2023 growth rate was slower at 6.84 % from $53.98 millions recorded in twelve months ending a quarter before Ferraz Matos went on.
There is stagnation happening, more obvious if you pay attention to the typical sequential historic increase which is better at9.46% Ferraz Matos wrote.
The growth was much stronger from the previous reporting period exhibited at 6.84 % jump from $53.98 millions in the period from Jun 30 2023 to Sep 30 2022.

In the Basic Materials sector 128 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 2524 to 2534.

Revenue TTM Q/Q Growth Statistics
High Average Low
66.5 %
9.46 %
-20.49 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Construction Raw Materials Industry # 13
Basic Materials Sector # 129
Overall # 2534

Revenue TTM Y/Y Growth Statistics
High Average Low
66.5 %
9.46 %
-20.49 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 13
Sector # 108
S&P 500 # 2210
Cumulative Revenue growth Comment
Smith Midland saw improvement in Revenue growth trend, posting cumulative 12 months Revenue growth of 18.33% year on year, to $ 58 millions if the fiscal year would have ended in Sep 30 2023.
Smith Midland's trailing twelve months Revenue growth was higher than company's average 9.46% and higher than 9.96% growth in Jun 30 2023.
But from twelve months ended Jun 30 2023 rise was beneth at 6.84 % from $53.98 millions achieved in twelve months ending a quarter Jun 30 2023.
We witness drop-off developing, more noticeable as we look at average Q/Q TTM historic rise that is higher at 9.46% Ferraz Matos wrote.
The growth was much stronger sequentially showed at 6.84 % increase from $53.98 millions in the period from Jun 30 2023 to Sep 30 2022.

In the Basic Materials sector 128 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 2524 to 2534.

Revenue TTM Q/Q Growth Statistics
High Average Low
66.5 %
9.46 %
-20.49 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Construction Raw Materials Industry # 13
Basic Materials Sector # 129
Overall # 2534

Revenue TTM Y/Y Growth Statistics
High Average Low
66.5 %
9.46 %
-20.49 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 13
Sector # 108
S&P 500 # 2210




Other Revenue Growth
Construction Raw Materials Industry Revenue Growth Trends and Statistics
Basic Materials Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
SMID's Revenue Growth Ratio versus Construction Raw Materials Industry, Basic Materials Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for SMID's Competitors
Revenue Growth for Smith Midland's Suppliers
Revenue Growth for SMID's Customers

You may also want to know
SMID's Annual Growth Rates SMID's Profitability Ratios SMID's Asset Turnover Ratio SMID's Dividend Growth
SMID's Roe SMID's Valuation Ratios SMID's Financial Strength Ratios SMID's Dividend Payout Ratio
SMID's Roa SMID's Inventory Turnover Ratio SMID's Growth Rates SMID's Dividend Comparisons



Companies with similar Revenue increase for the quarter ending Sep 30 2023 within Basic Materials SectorY/Y Change %Revenue for the quarter ending Sep 30 2023
Universal Stainless and Alloy Products Inc53.39%$ 53.388 millions
Koil Energy Solutions Inc 49.49%$ 49.490 millions
Manuka Inc 49.15%$ 49.153 millions
Mcewen Mining inc 47.78%$ 47.776 millions
Dril quip Inc 33.02%$ 33.019 millions
Smith midland Corporation30.90%$ 30.905 millions
Azek Co Inc 27.63%$ 27.633 millions
American Superconductor Corp24.53%$ 24.531 millions
Regal Rexnord Corporation24.50%$ 24.496 millions
Hecla Mining Company24.01%$ 24.011 millions
Baker Hughes Company23.69%$ 23.692 millions
Technipfmc Plc18.69%$ 18.690 millions
Celanese Corporation18.34%$ 18.340 millions
Weatherford International Plc17.23%$ 17.232 millions
Freeport mcmoran Inc 16.41%$ 16.410 millions
Southern Copper Corp16.17%$ 16.167 millions
Howmet Aerospace Inc 15.70%$ 15.701 millions
Nov Inc 15.67%$ 15.670 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com