Smith-Midland Corporation
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | 24.3% | 5.4% | 3.6% |
| FY2016 | 25.8% | 10.8% | 7.1% |
| FY2017 | 27.5% | 8.9% | 6.4% |
| FY2018 | 26.1% | 5.5% | 4.2% |
| FY2019 | 21.4% | 5.5% | 4.2% |
| FY2020 | 25.2% | 8.6% | 6.1% |
| FY2021 | 28.5% | 12.2% | 14.9% |
| FY2022 | 18.9% | 1.7% | 1.6% |
| FY2023 | 17.9% | 1.9% | 1.3% |
| FY2024 | 25.5% | 12.6% | 9.8% |