Smith-Midland (SMID) Debt/Equity Ratio: History & Chart

Smith-Midland Corporation(SMID)

Construction Materials · Midland, VA

$22.37+0.42 (+1.91%)

Delayed quote: Oct 6, 2026, 2:52 PM EDT

About Smith-Midland Corporation

Smith-Midland Corporation, operating through its subsidiaries, specializes in the comprehensive provision of precast concrete solutions. This involves the invention, development, manufacturing, marketing, leasing, licensing, selling, and installation of these products, primarily serving the construction, highway, utilities, and agricultural industries. Among its key offerings is SlenderWall, a patented, lightweight, and energy-efficient concrete-and-steel exterior wall panel designed for building construction. The company also manufactures Sierra Wall, which serves as a sound and sight barrier along highways, as well as for residential, industrial, and commercial areas. J-J Hooks are another product, acting as highway safety barriers crucial for separating traffic lanes in construction zones or for general traffic control on roadways. Additionally, SMC provides Easi-Set precast buildings and Easi-Span expandable precast buildings, ideal for housing communication equipment, traffic control systems, and mechanical or electrical stations. Easi-Set utility vaults are available for containing equipment like cable, telephone, or traffic signals, and for underground storage; custom versions can also be provided to meet specific requirements. Other specialized products include SoftSound panels for highway noise absorption, Beach Prisms erosion control modules used in seawalls and jetties, and H2Out secondary drainage systems for exterior cladding. SMC further extends its reach by licensing its proprietary technologies across several international markets, including Canada, Australia, Belgium, Mexico, New Zealand, and Trinidad. Its products are distributed through both an in-house sales team and independent representatives. The clientele primarily consists of contractors engaged in public and private construction projects—encompassing commercial buildings, roads, airports, and municipal utilities—as well as federal, state, and local transportation authorities. Established in 1960, Smith-Midland Corporation maintains its headquarters in Midland, Virginia.

Midland, VA

184 employees

smithmidland.com

Basic Materials / Construction Materials

Sector: Basic Materials
Industry: Construction Materials
CEO: Ashley Smith

View full financials

SMID Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.07

DEBT TO EQUITY RATIO AVG TTM

0.08

DEBT TO EQUITY RATIO AVG 3Y

0.13

DEBT TO EQUITY RATIO AVG 5Y

0.15

DEBT TO EQUITY RATIO AVG 10Y

0.21

DEBT TO EQUITY RATIO AVG 15Y

0.23

DEBT TO EQUITY RATIO AVG 20Y

0.25

CURRENT VS TTM AVG

-12.97%

CURRENT VS 3Y AVG

-41.06%

CURRENT VS 5Y AVG

-51.56%

CURRENT VS 10Y AVG

-65.61%

CURRENT VS 15Y AVG

-67.54%

CURRENT VS 20Y AVG

-70.43%

SECTOR MEDIAN · BASIC MATERIALS

0.32

median of 127 covered companies

CURRENT VS SECTOR MEDIAN

-76.90%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Smith-Midland Corporation (SMID)	$118.71M	0.07	0.08	0.13	0.15
Aemetis, Inc. (AMTX)vs ›	$123.14M	N/A	12.50	12.50	4.87
Ascent Industries Co. (ACNT)vs ›	$124.94M	0.17	0.26	0.40	0.61
Caesarstone Ltd. (CSTE)vs ›	$97.51M	0.89	0.71	0.58	0.50
U.S. GoldMining Inc. (USGO)vs ›	$87.74M	0.01	0.01	0.01	0.01
Julong Holding Limited (JLHL)vs ›	$80.73M	0.13	0.08	0.20	0.20
Atlas Lithium Corporation (ATLX)vs ›	$76.23M	0.22	0.34	0.53	0.53
5E Advanced Materials Inc. (FEAM)vs ›	$162.53M	0.00	0.00	1.70	1.14
Northern Technologies International Corporation (NTIC)vs ›	$73.37M	0.22	0.14	0.12	0.09
Nexmetals Mining Corp. (NEXM)vs ›	$64.88M	0.03	0.02	0.81	0.60

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Smith-Midland Corporation (SMID)

$118.71M

0.07

0.08

0.13

0.15

Aemetis, Inc. (AMTX)vs ›

$123.14M

N/A

12.50

4.87

Ascent Industries Co. (ACNT)vs ›

$124.94M

0.17

0.26

0.40

0.61

Caesarstone Ltd. (CSTE)vs ›

$97.51M

0.89

0.71

0.58

0.50

U.S. GoldMining Inc. (USGO)vs ›

$87.74M

0.01

Julong Holding Limited (JLHL)vs ›

$80.73M

0.13

0.08

0.20

Atlas Lithium Corporation (ATLX)vs ›

$76.23M

0.22

0.34

0.53

5E Advanced Materials Inc. (FEAM)vs ›

$162.53M

0.00

1.70

1.14

Northern Technologies International Corporation (NTIC)vs ›

$73.37M

0.22

0.14

0.12

0.09

Nexmetals Mining Corp. (NEXM)vs ›

$64.88M

0.03

0.02

0.81

0.60

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Smith-Midland Corporation (SMID)?

The debt to equity ratio for SMID stock is 0.07.

Is Smith-Midland Corporation's debt to equity ratio high or low?

The debt to equity ratio of 0.07 is 52% below its 5-year average of 0.15, near the low end of its 5-year range (0.07–0.27).

What is the TTM average debt to equity ratio for Smith-Midland Corporation (SMID)?

The TTM average debt to equity ratio for SMID stock is 0.08.

What is the 3Y average debt to equity ratio for Smith-Midland Corporation (SMID)?

The 3Y average debt to equity ratio for SMID stock is 0.13.

What is the 5Y average debt to equity ratio for Smith-Midland Corporation (SMID)?

The 5Y average debt to equity ratio for SMID stock is 0.15.

What is the 10Y average debt to equity ratio for Smith-Midland Corporation (SMID)?

The 10Y average debt to equity ratio for SMID stock is 0.21.

What is the 15Y average debt to equity ratio for Smith-Midland Corporation (SMID)?

The 15Y average debt to equity ratio for SMID stock is 0.23.

What is the 20Y average debt to equity ratio for Smith-Midland Corporation (SMID)?

The 20Y average debt to equity ratio for SMID stock is 0.25.

DATE	DEBT TO EQUITY RATIO
2026-06-30	0.07
2026-03-31	0.08
2025-12-31	0.08
2025-09-30	0.09
2025-06-30	0.10
2025-03-31	0.11
2024-12-31	0.12
2024-09-30	0.13
2024-06-30	0.15
2024-03-31	0.16
2023-12-31	0.17
2023-09-30	0.18
2023-06-30	0.19
2023-03-31	0.19
2022-12-31	0.20
2022-09-30	0.20
2022-06-30	0.21
2022-03-31	0.22
2021-12-31	0.14
2021-09-30	0.15
2021-06-30	0.27
2021-03-31	0.29
2020-12-31	0.34
2020-09-30	0.36
2020-06-30	0.39
2020-03-31	0.28
2019-12-31	0.26
2019-09-30	0.24
2019-06-30	0.26
2019-03-31	0.27
2018-12-31	0.24
2018-09-30	0.48
2018-06-30	0.41
2018-03-31	0.30
2017-12-31	0.21
2017-09-30	0.22
2017-06-30	0.24
2017-03-31	0.26
2016-12-31	0.28
2016-09-30	0.30
2016-06-30	0.26
2016-03-31	0.26
2015-12-31	0.22
2015-09-30	0.21
2015-06-30	0.24
2015-03-31	0.25
2014-12-31	0.25
2014-09-30	0.24
2014-06-30	0.22
2014-03-31	0.26
2013-12-31	0.25
2013-09-30	0.25
2013-06-30	0.26
2013-03-31	0.26
2012-12-31	0.28
2012-09-30	0.26
2012-06-30	0.29
2012-03-31	0.31
2011-12-31	0.32
2011-09-30	0.32
2011-06-30	0.31
2011-03-31	0.28
2010-12-31	0.29
2010-09-30	0.32
2010-06-30	0.36
2010-03-31	0.39
2009-12-31	0.42
2009-09-30	0.41
2009-06-30	0.45
2009-03-31	0.63
2008-12-31	0.70
2008-09-30	0.66
2008-06-30	0.84
2008-03-31	0.80
2007-12-31	0.77
2007-09-30	0.78
2007-06-30	1.00
2007-03-31	0.85
2006-12-31	1.00
2006-09-30	0.76
2006-06-30	0.77
2006-03-31	0.75
2005-12-31	0.80
2005-09-30	0.85
2005-06-30	0.89
2005-03-31	0.94
2004-12-31	1.15
2004-09-30	1.16
2004-06-30	1.28
2004-03-31	1.58
2003-12-31	1.56
2003-09-30	0.96
2003-06-30	0.86
2003-03-31	0.84
2002-12-31	0.82
2002-09-30	0.77

DATE

DEBT TO EQUITY RATIO

2026-06-30

0.07

2026-03-31

0.08

2025-12-31

0.08

2025-09-30

0.09

2025-06-30

0.10

2025-03-31

0.11

2024-12-31

0.12

2024-09-30

0.13

2024-06-30

0.15

2024-03-31

0.16

2023-12-31

0.17

2023-09-30

0.18

2023-06-30

0.19

2023-03-31

0.19

2022-12-31

0.20

2022-09-30

0.20

2022-06-30

0.21

2022-03-31

0.22

2021-12-31

0.14

2021-09-30

0.15

2021-06-30

0.27

2021-03-31

0.29

2020-12-31

0.34

2020-09-30

0.36

2020-06-30

0.39

2020-03-31

0.28

2019-12-31

0.26

2019-09-30

0.24

2019-06-30

0.26

2019-03-31

0.27

2018-12-31

0.24

2018-09-30

0.48

2018-06-30

0.41

2018-03-31

0.30

2017-12-31

0.21

2017-09-30

0.22

2017-06-30

0.24

2017-03-31

0.26

2016-12-31

0.28

2016-09-30

0.30

2016-06-30

0.26

2016-03-31

0.26

2015-12-31

0.22

2015-09-30

0.21

2015-06-30

0.24

2015-03-31

0.25

2014-12-31

0.25

2014-09-30

0.24

2014-06-30

0.22

2014-03-31

0.26

2013-12-31

0.25

2013-09-30

0.25

2013-06-30

0.26

2013-03-31

0.26

2012-12-31

0.28

2012-09-30

0.26

2012-06-30

0.29

2012-03-31

0.31

2011-12-31

0.32

2011-09-30

0.32

2011-06-30

0.31

2011-03-31

0.28

2010-12-31

0.29

2010-09-30

0.32

2010-06-30

0.36

2010-03-31

0.39

2009-12-31

0.42

2009-09-30

0.41

2009-06-30

0.45

2009-03-31

0.63

2008-12-31

0.70

2008-09-30

0.66

2008-06-30

0.84

2008-03-31

0.80

2007-12-31

0.77

2007-09-30

0.78

2007-06-30

1.00

2007-03-31

0.85

2006-12-31

1.00

2006-09-30

0.76

2006-06-30

0.77

2006-03-31

0.75

2005-12-31

0.80

2005-09-30

0.85

2005-06-30

0.89

2005-03-31

0.94

2004-12-31

1.15

2004-09-30

1.16

2004-06-30

1.28

2004-03-31

1.58

2003-12-31

1.56

2003-09-30

0.96

2003-06-30

0.86

2003-03-31

0.84

2002-12-31

0.82

2002-09-30

0.77

Debt to Equity Ratio: 0.07

SMID Debt to Equity Ratio

SMID Average Debt to Equity Ratio Chart

SMID Current vs Average Debt to Equity Ratio Chart

SMID Debt to Equity Ratio Metrics

SMID Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

SMID Debt to Equity Ratio History

Related Metrics