Smith-Midland Corporation (SMID)
NASDAQ: SMID · Real-Time Price · USD
26.23
-0.04 (-0.15%)
Sep 4, 2026, 1:22 PM EDT - Market open
Smith-Midland Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 7.73 | 12.51 | 7.68 | 0.8 | 0.8 | 7.57 |
Depreciation & Amortization | 3.57 | 2.89 | 2.66 | 2.4 | 2.88 | 2.67 |
Loss (Gain) From Sale of Assets | -0.02 | -0.02 | -0.02 | -0.35 | -0.11 | -0.31 |
Loss (Gain) From Sale of Investments | - | - | - | - | - | -0.01 |
Stock-Based Compensation | 0.06 | 0.06 | -0.1 | 0.38 | 0.51 | 0.53 |
Provision & Write-off of Bad Debts | -0.46 | -0.59 | 0.33 | -0.04 | 0.34 | 0.04 |
Other Operating Activities | 0.96 | 0.94 | -1.14 | -0.42 | 0.14 | -3.2 |
Change in Accounts Receivable | 7.44 | -7.06 | -3.34 | -0.55 | -7.11 | 0.05 |
Change in Inventory | -1.33 | -0.23 | -1.54 | -1.35 | -0.99 | -0.65 |
Change in Accounts Payable | -0.13 | 0.44 | -3.02 | 1.52 | 3.75 | 0.21 |
Change in Unearned Revenue | -1.3 | 5.2 | 2.16 | 4.77 | -0.49 | 2.7 |
Change in Income Taxes | -2.84 | 0.06 | 1.04 | 0.81 | -1.95 | 1.15 |
Change in Other Net Operating Assets | 0.87 | 0.1 | 0.46 | -0.23 | -4.11 | -1.63 |
Operating Cash Flow | 14.55 | 14.3 | 5.16 | 7.73 | -6.33 | 9.13 |
Operating Cash Flow Growth | 158.46% | 177.26% | -33.29% | - | - | 21.89% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -10.38 | -9.34 | -6.2 | -5.01 | -2.75 | -5.37 |
Sale of Property, Plant & Equipment | 0.02 | 0.02 | 0.05 | 0.35 | 0.12 | 0.49 |
Investment in Securities | - | - | - | - | - | 1.22 |
Investing Cash Flow | -10.36 | -9.32 | -6.15 | -4.66 | -2.63 | -3.65 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | - | - | - | 2.81 | 0.05 |
Total Debt Issued | - | - | - | - | 2.81 | 0.05 |
Long-Term Debt Repaid | - | -0.65 | -0.64 | -0.62 | -0.58 | -0.79 |
Total Debt Repaid | -0.63 | -0.65 | -0.64 | -0.62 | -0.58 | -0.79 |
Net Debt Issued (Repaid) | -0.63 | -0.65 | -0.64 | -0.62 | 2.22 | -0.74 |
Other Financing Activities | - | - | - | - | -0.03 | - |
Financing Cash Flow | -0.63 | -0.65 | -0.64 | -0.62 | 2.2 | -0.74 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 3.56 | 4.34 | -1.63 | 2.45 | -6.77 | 4.73 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 4.17 | 4.96 | -1.05 | 2.72 | -9.08 | 3.76 |
Free Cash Flow Growth | 906.76% | - | - | - | - | -22.65% |
Free Cash Flow Margin | 4.66% | 5.31% | -1.33% | 4.57% | -18.12% | 7.42% |
Free Cash Flow Per Share | 0.79 | 0.94 | -0.20 | 0.51 | -1.73 | 0.72 |
Levered Free Cash Flow | -0.34 | -5.14 | -2.75 | 1.18 | -9.77 | 5.94 |
Unlevered Free Cash Flow | -0.2 | -5 | -2.61 | 1.34 | -9.61 | 6.06 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 0.22 | 0.23 | 0.22 | 0.26 | 0.26 | 0.19 |
Cash Income Tax Paid | 4.94 | 3.49 | 2.26 | 0.19 | 2.26 | 0.92 |
Change in Working Capital | 2.7 | -1.48 | -4.25 | 4.96 | -10.9 | 1.83 |