Smith-Midland Corp

SMIDBasic Materials·Building Materials·USA·Micro·NASD·Nov 11 • 11:36 AM ET

20.74-0.77 (-3.56%)

2026-11-11 17:37 CET

Market cap

114.10 USD m

Revenue, TTM

89.50 USD m

Net income, TTM

7.73 USD m

Free cash flow, TTM

4.17 USD m

EPS diluted, TTM

1.46

P/E

14.24

Compare

Price

SMID against its 20, 50 and 200-day averages

2050200earnings

48.1% under the 52-week high of 40.00 on 12 Nov 2025. 52-week low 18.88 on 10 Nov 2026. Last 15 sessions, 41.1% high to low

Profile

SMID

52-week range, 9% of the way up

18.8840.00

Smith-Midland Corp. engages in inventing, developing, manufacturing, marketing, leasing, licensing, selling, and installing a broad array of precast concrete products and systems for use primarily in the construction, highway, utilities, and farming industries. Its products include SlenderWall Lightweight Construction Panels, Sierra Wall, J-J Hooks Highway Safety Barrier, Easi-Set Precast Buildings and Easi-Span Expandable Precast Buildings, Easi-Set Utility Vault, SoftSound Soundwall Panels, Beach Prisms Erosion Control Modules, and Beach Prisms Erosion Control Modules. The company was founded by Rodney I. Smith and David G. Smith in 1960 and is headquartered in Midland, VA.

Index	RUT
Employees	285
IPO	Dec 13, 1995
Beta	1.64
ATR, 14d	1.40
Rel volume	1.15
Short float	4.78%
Insider own	13.99%
Inst own	59.22%

Snapshot

6 groups

Valuation

Index	RUT
Market Cap	110.03M
Enterprise Value	103.59M
Income	7.73M
Sales	89.50M
Book/sh	10.75
Cash/sh	2.01
Dividend Est.	-
Dividend TTM	-
Dividend Ex-Date	Dec 19, 2019
Dividend Gr. 3/5Y	- -
Payout	0.00%
Employees	285
IPO	Dec 13, 1995

Ratios

P/E	14.24
Forward P/E	-
PEG	-
P/S	1.23
P/B	1.93
P/C	10.32
P/FCF	26.39
EV/EBITDA	7.21
EV/Sales	1.16
Quick Ratio	3.31
Current Ratio	4.06
Debt/Eq	0.07
LT Debt/Eq	0.06
Option/Short	No / Yes

Earnings

EPS (ttm)	1.46
EPS next Y	-
EPS next Q	-
EPS this Y	-
EPS next Y	-
EPS next 5Y	-
EPS past 3/5Y	149.22% 35.62%
Sales past 3/5Y	23.07% 16.33%
EPS Y/Y TTM	-35.86%
Sales Y/Y TTM	-1.65%
EPS Q/Q	-66.90%
Sales Q/Q	-10.78%
Earnings	Aug 14 AMC
EPS/Sales Surpr.	- -

Ownership

Insider Own	13.99%
Insider Trans	0.17%
Inst Own	59.22%
Inst Trans	-0.19%
ROA	9.21%
ROE	14.54%
ROIC	12.76%
Gross Margin	23.46%
Oper. Margin	12.07%
Profit Margin	8.63%
SMA20	-8.59%
SMA50	-11.19%
SMA200	-28.97%
Trades	-

Technical

Shs Outstand	5.31M
Shs Float	4.56M
Short Float	4.78%
Short Ratio	15.11
Short Interest	0.22M
52W High	40.00 -48.14%
52W Low	18.88 9.90%
Volatility	11.39% 4.88%
ATR (14)	1.40
RSI (14)	37.17
Beta	1.64
Rel Volume	1.15
Avg Volume	14.42K
Volume	5,982

Performance

Perf Week	-15.93%
Perf Month	-7.27%
Perf Quarter	-25.25%
Perf Half Y	-29.94%
Perf YTD	-42.92%
Perf Year	-45.17%
Perf 3Y	-8.78%
Perf 5Y	-9.42%
Perf 10Y	422.30%
Recom	-
Target Price	-
Prev Close	21.51
Price	20.74
Change %	-3.56%

Peers

Mkt cap

Ticker	Company	Mkt cap
NWPX	NWPX Infrastructure Inc	882.54M
CRH	CRH Plc	63.95B
KNF	Knife River Corp	3.29B
RMIX	Suncrete Inc	646.72M
EXP	Eagle Materials Inc	5.61B
LNN	Lindsay Corp	1.11B
BBCP	Concrete Pumping Holdings Inc	508.47M
IIIN	Insteel Industries Inc	534.74M
PPIH	Perma-Pipe International Holdings Inc	239.34M

Ticker

Company

Mkt cap

NWPX

NWPX Infrastructure Inc

882.54M

CRH

CRH Plc

63.95B

KNF

Knife River Corp

3.29B

RMIX

Suncrete Inc

646.72M

EXP

Eagle Materials Inc

5.61B

LNN

Lindsay Corp

1.11B

BBCP

Concrete Pumping Holdings Inc

508.47M

IIIN

Insteel Industries Inc

534.74M

PPIH

Perma-Pipe International Holdings Inc

239.34M

Insider trading

1 filings

Insider	Relationship	Date	Transaction	Cost	Shares	Value	Total held	Form
Gerhardt Richard	Director	Nov 24 '25	Sale	33.26	666	22,153	5,137	Nov 25 08:14 AM

Insider

Relationship

Date

Transaction

Cost

Value

Total held

Form

Gerhardt Richard

Director

Nov 24 '25

Sale

33.26

666

22,153

5,137

Nov 25 08:14 AM

Held by

AUM

Ticker	Company	AUM
VTI	Vanguard Morningstar Total Stock Market ETF	AUM: 687.42B
IWM	iShares Russell 2000 Index Fund	AUM: 77.38B
VXF	Vanguard Extended Market Index ETF	AUM: 30.47B
IWO	iShares Russell 2000 Growth ETF	AUM: 14.06B
DFAS	U.S. Small Cap Portfolio-ETF Class Shares	-
VTWO	Vanguard Russell 2000 Index ETF	AUM: 16.75B
IWC	iShares Micro-Cap ETF	AUM: 1.22B
EES	WisdomTree U.S. SmallCap Fund	AUM: 684.87M
GSSC	Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF	AUM: 1.06B
VTWG	Vanguard Russell 2000 Growth Index ETF	AUM: 1.41B

Ticker

Company

AUM

VTI

Vanguard Morningstar Total Stock Market ETF

AUM: 687.42B

IWM

iShares Russell 2000 Index Fund

AUM: 77.38B

VXF

Vanguard Extended Market Index ETF

AUM: 30.47B

IWO

iShares Russell 2000 Growth ETF

AUM: 14.06B

DFAS

U.S. Small Cap Portfolio-ETF Class Shares

VTWO

Vanguard Russell 2000 Index ETF

AUM: 16.75B

IWC

iShares Micro-Cap ETF

AUM: 1.22B

EES

WisdomTree U.S. SmallCap Fund

AUM: 684.87M

GSSC

Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF

AUM: 1.06B

VTWG

Vanguard Russell 2000 Growth Index ETF

AUM: 1.41B

News

latest 14 of 206

Oct-22-26 12:40PMSmith-Midland Wins $2.2M Virginia SlenderWall(R) School Contract (ACCESSWIRE)
Oct-01-26 03:11PMTop Research Reports for Cisco, Shopify & Starbucks (Zacks)
Sep-15-26 09:15AMSmith-Midland Secures $2.2M Contract for Newport News Navy Project (ACCESSWIRE)
Aug-26-26 09:00AMSmith-Midland Awarded $2.2M SlenderWall(R) Coast Guard Project (ACCESSWIRE) -6.99%
Aug-20-26 09:00AMSmith-Midland to Present at August 2026 Midwest IDEAS Conference (ACCESSWIRE)
04:05PMLoading…
Aug-14-26 04:05PMSmith-Midland Reports Second Quarter 2026 Financial Results (ACCESSWIRE)
Aug-06-26 03:00PMSmith-Midland Secures $10 Million Contract for I-81 VDOT Project (ACCESSWIRE)
Jul-30-26 10:30AMSmith-Midland Awarded $1.7 Million Contract for Louisiana Data Center Project (ACCESSWIRE)
Jul-20-26 02:45PMSmith-Midland Producing Almost $1M in Utility Products for Virginia Data Center (ACCESSWIRE)
Jun-10-26 09:25AMSmith-Midland Producing over $2.7M in SoundWall Systems for Virginia Projects (ACCESSWIRE) -8.67%
Jun-09-26 04:30PMSmith-Midland Reports First Quarter 2026 Financial Results (ACCESSWIRE) +12.35%
Jun-05-26 09:20AMSmith-Midland to Present and Host 1x1 Investor Meetings at the 16th Annual East Coast IDEAS Investor Conference on June 10th & 11th in New York, NY (ACCESSWIRE)
Jun-03-26 06:00PMSmith-Midland Announces Receipt of Nasdaq Letter (ACCESSWIRE)

Key figures

Revenue, TTM	89.50
Net income, TTM	7.73
EPS diluted, TTM	1.46
EBIT, TTM	10.80
Free cash flow, TTM	4.17
Gross margin	23.46%
Operating margin	12.07%
Net margin	8.63%
Market cap	114.10
P/E	14.24
Sales Y/Y, TTM	-1.65%

USD millions. TTM from the statement feed.

Quarterly earnings

actual against estimate

Period	Reported	EPS act	EPS est	EPS rep	Sales act	Sales est	Analysts
2026Q1	2026-06-09	-	-	0.252	21.60	-	-
2025Q4	2026-04-14	-	-	0.402	23.10	-	-
2025Q3	2025-11-14	-	-	0.542	21.50	-	-
2025Q2	2025-08-14	-	-	0.786	26.20	-	-
2025Q1	2025-07-10	-	-	0.627	22.70	-	-
2024Q4	2025-05-27	-	-	0.260	18.50	-	-
2024Q3	2024-11-14	-	-	0.594	23.60	-	-
2024Q2	2024-08-14	-	-	0.372	19.60	-	-
2024Q1	2024-06-12	-	-	0.214	16.76	-	-
2023Q4	2024-05-23	-	-	0.044	16.40	-	-
2023Q3	2023-11-09	-	-	0.239	15.65	-	-
2023Q2	2023-10-11	-	-	-0.149	14.70	-	-
2023Q1	2023-05-16	-	-	0.015	12.84	-	-
2022Q4	2023-04-18	-	-	0.001	14.50	-	-
2022Q3	2022-11-03	-	-	0.001	11.96	-	-
2022Q2	2022-08-11	-	-	0.173	13.25	-	-

Annual earnings

Period	EPS act	EPS est	EPS rep	Sales act	Sales est
No annual earnings.

Period

EPS act

EPS est

EPS rep

Sales act

Sales est

No annual earnings.

Estimate revisions

last 14 periods

Period	Type	Date	Estimates	Up	Down	Mean	Low	High
No estimate revisions.

Period

Type

Date

Estimates

Down

Mean

Low

High

No estimate revisions.

Estimate history

Period	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
EPS, annual	0.528	0.331	0.381	0.514	1.447	0.152	0.15	1.451	2.357	1.4566
EPS, quarterly	0.372	0.594	0.26	0.627	0.786	0.542	0.402	0.252	0.26
Period	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Sales, annual	41.717	40.22	46.691	43.862	50.642	50.131	59.58	78.508	93.446	89.5
Period	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Sales, quarterly	19.639	23.582	18.531	22.698	26.186	21.451	23.111	21.572	23.363
Period	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Shares, annual	5.048	5.113	5.164	5.202	5.23	5.256	5.309	5.305	5.307	5.307
Period	2017	2018	2019	2020	2021	2022	2023	2024	2025	MRQ
Shares, quarterly	5.305	5.305	5.305	5.305	5.305	5.305	5.307	5.307	5.307
Period	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26

Income statement, annual

Currency USD, millions
Metric	TTM	2025FY	2024FY	2023FY	2022FY	2021FY	2020FY	2019FY	2018FY
Total Revenue	89.50	93.45	78.51	59.58	50.13	50.64	43.86	46.69	40.22
Cost of Goods Sold Incl. D&A	68.50	67.41	58.50	48.93	40.66	36.22	32.82	36.72	29.73
Gross Profit	21.00	26.04	20.01	10.65	9.47	14.42	11.04	9.97	10.49
Selling, General and Administrative Excl. Other	10.42	9.04	10.11	9.53	8.62	8.25	7.28	7.42	8.27
Other Operating Expense	-0.22	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income	10.80	16.99	9.90	1.12	0.85	6.17	3.76	2.55	2.22
Interest Expense	0.22	0.23	0.23	0.26	0.26	0.19	0.22	0.18	0.18
Unusual Expense	0.00	0.00	0.00	0.00	0.00	-2.69	0.00	0.00	-
Net Income Before Taxes	10.77	17.03	9.82	1.32	0.94	9.09	3.79	2.50	2.26
Income Taxes	3.04	4.52	2.14	0.53	0.14	1.52	1.13	0.55	0.57
Consolidated Net Income	7.73	12.51	7.67	0.80	0.80	7.57	2.67	1.95	1.69
Net Income From Continuing Operations	7.73	12.51	7.67	0.80	0.80	7.57	2.67	1.95	1.69
Net Income	7.73	12.51	7.67	0.80	0.80	7.57	2.67	1.95	1.69
EPS (Recurring)	1.46	2.36	1.45	0.15	0.15	1.09	0.51	0.38	0.33
EPS (Basic, Before Extraordinaries)	1.46	2.36	1.45	0.15	0.15	1.45	0.51	0.38	0.33
EPS (Diluted)	1.46	2.36	1.45	0.15	0.15	1.45	0.51	0.38	0.33
EBITDA	14.37	19.88	12.56	3.50	3.75	8.84	6.17	4.34	3.46
Non-Operating Income (Expense)	0.19	0.26	0.15	0.46	0.35	0.42	0.25	0.13	0.22
Other After Tax Adjustments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stock Option Compensation Expense	-	0.03	0.04	0.30	0.40	0.39	0.12	0.20	0.19
Price To Earnings Ratio	14.77	14.77	36.33	372.29	131.75	32.38	18.40	15.77	21.95
Price To Sales Ratio	1.72	2.06	3.00	3.51	2.15	4.86	1.12	0.66	0.95
Gross Margin	23.46	27.86	25.49	17.88	18.89	28.47	25.17	21.35	26.08
Operating Margin	12.07	18.19	12.61	1.88	1.70	12.18	8.57	5.45	5.51
Net Margin	8.63	13.38	9.78	1.33	1.60	14.95	6.08	4.17	4.19
Shares Outstanding	5.31	5.31	5.30	5.31	5.26	5.23	5.20	5.16	5.11
Market Capitalization	114.10	114.10	235.84	207.67	107.23	244.92	48.99	30.80	37.86

Income statement, quarterly

Currency USD, millions
Metric	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3
Total Revenue	23.36	21.57	23.11	21.45	26.19	22.70	18.53	23.58
Cost of Goods Sold Incl. D&A	17.94	17.27	17.59	15.69	18.40	15.72	14.14	17.00
Gross Profit	5.42	4.30	5.52	5.76	7.79	6.97	4.39	6.58
Selling, General and Administrative Excl. Other	3.65	2.58	2.28	1.91	2.27	2.59	2.52	2.73
Other Operating Expense	-0.22	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income	1.99	1.73	3.23	3.85	5.52	4.39	1.87	3.85
Interest Expense	0.07	0.05	0.06	0.04	0.06	0.06	0.06	0.06
Unusual Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income Before Taxes	1.81	1.76	3.33	3.87	5.48	4.35	1.86	3.84
Income Taxes	0.43	0.42	1.20	0.99	1.31	1.02	0.46	0.69
Consolidated Net Income	1.38	1.34	2.13	2.88	4.17	3.33	1.40	3.15
Net Income From Continuing Operations	1.38	1.34	2.13	2.88	4.17	3.33	1.40	3.15
Net Income	1.38	1.34	2.13	2.88	4.17	3.33	1.40	3.15
EPS (Recurring)	0.26	0.25	0.40	0.54	0.79	0.63	0.26	0.59
EPS (Basic, Before Extraordinaries)	0.26	0.25	0.40	0.54	0.79	0.63	0.26	0.59
EPS (Diluted)	0.26	0.25	0.40	0.54	0.79	0.63	0.26	0.59
EBITDA	3.02	2.68	4.21	4.47	6.15	5.06	2.54	4.55
Non-Operating Income (Expense)	-0.10	0.08	0.15	0.06	0.03	0.01	0.04	0.05
Other After Tax Adjustments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stock Option Compensation Expense	-	0.01	0.04	0.00	0.00	0.00	0.00	0.00
Price To Earnings Ratio	14.77	14.68	16.40	16.27	23.30	25.39	36.33	38.42
Price To Sales Ratio	1.72	1.87	2.06	2.20	1.96	1.95	3.04	2.32
Gross Margin	23.19	19.95	23.88	26.85	29.73	30.73	23.67	27.89
Operating Margin	8.50	8.01	14.00	17.97	21.07	19.33	10.08	16.32
Net Margin	5.91	6.21	9.22	13.41	15.93	14.66	7.54	13.36
Shares Outstanding	5.31	5.31	5.31	5.30	5.30	5.30	5.30	5.30
Market Capitalization	114.10	172.56	192.77	195.74	178.02	164.81	235.84	178.49

Balance sheet, annual

Currency USD, millions
Metric	2025FY	2024FY	2023FY	2022FY	2021FY	2020FY	2019FY	2018FY	2017FY
Cash & Short Term Investments	11.88	7.55	9.18	6.73	13.49	9.99	2.54	3.05	4.49
Short Term Receivables	28.42	20.77	17.73	17.69	10.86	10.54	13.46	14.50	10.58
Inventories	6.93	6.68	5.15	3.82	2.85	2.19	2.24	3.56	3.52
Other Current Assets	1.51	0.85	1.27	0.71	0.55	0.61	0.78	0.48	0.45
Total Current Assets	48.75	35.85	33.33	28.94	27.75	23.34	19.03	21.60	19.03
Net Property, Plant & Equipment	38.48	31.70	27.68	25.12	21.93	18.60	17.73	14.10	9.87
Total Investments and Advances	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	-	-	-	-	-	-	-	0.00	0.00
Deferred Tax Assets	4.42	3.42	2.28	1.47	2.09	1.91	2.49	-	-
Other Assets	0.50	0.44	0.34	0.25	3.60	4.56	5.35	5.67	0.33
Total Assets	92.15	71.41	63.63	55.78	55.37	48.41	44.60	41.37	29.23
Short Term Debt Incl. Current Port. of LT Debt	0.67	0.68	0.68	0.69	0.55	0.82	1.01	1.71	0.64
Accounts Payable	5.48	4.74	7.34	5.82	2.07	1.87	3.18	4.21	3.06
Income Tax Payable	1.60	1.54	0.47	0.15	2.03	0.47	-	-	-
Other Current Liabilities	6.58	8.05	7.53	4.57	9.25	5.74	5.42	5.79	4.14
Total Current Liabilities	14.33	15.01	16.02	11.22	13.90	8.90	9.60	11.71	7.83
Long Term Debt	3.87	4.53	5.09	5.78	3.80	7.10	4.38	2.79	2.90
Provision for Risks Charges	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	5.88	3.91	3.94	3.56	4.05	4.38	4.37	1.43	1.29
Other Liabilities	13.76	6.22	4.42	2.17	1.86	4.39	5.42	6.59	0.00
Total Liabilities	37.84	29.67	29.47	22.73	23.62	24.76	23.78	22.52	12.02
Non-Equity Reserves	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Preferred Stock - Carrying Value	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Common Equity	54.30	41.74	34.16	33.05	31.75	23.65	20.82	18.85	17.20
Total Shareholders Equity	54.30	41.74	34.16	33.05	31.75	23.65	20.82	18.85	17.20
Accumulated Minority Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity	54.30	41.74	34.16	33.05	31.75	23.65	20.82	18.85	17.20
Total Liabilities & Stockholders Equity	92.15	71.41	63.63	55.78	55.37	48.41	44.60	41.37	29.23
Book Value Per Share	10.23	7.87	6.43	6.29	6.07	4.55	4.03	3.69	3.41
Tangible Book Value Per Share	10.23	7.87	6.43	6.29	6.07	4.55	4.03	3.69	3.41
Full-Time Employees	285	264	247	232	200	200	232	220	242
Price to Book Ratio	2.00	5.85	6.14	3.26	7.74	2.08	1.49	2.01	2.00
Return on Assets	15.29	11.37	1.33	1.44	14.59	5.73	4.53	4.78	10.20
Return on Equity	26.04	20.22	2.37	2.47	27.33	11.99	9.83	9.36	17.07
Return on Invested Capital	21.50	16.59	2.03	2.06	21.29	8.67	7.73	7.80	13.35
Quick Ratio	2.92	1.94	1.76	2.24	1.79	2.38	1.75	1.54	1.98
Current Ratio	3.40	2.39	2.08	2.58	2.00	2.62	1.98	1.84	2.43

Cash flow, annual

Currency USD, millions
Metric	TTM	2025FY	2024FY	2023FY	2022FY	2021FY	2020FY	2019FY	2018FY
Net Income	7.73	12.51	7.67	0.80	0.80	7.57	2.67	1.95	1.69
Depreciation	3.57	2.89	2.66	2.40	2.88	2.67	2.41	1.79	1.25
Other Funds (Non Cash)	-0.44	-0.57	0.22	0.01	0.74	-2.44	0.07	0.35	0.12
Funds from Operations	11.84	15.79	9.40	2.77	4.55	7.30	5.72	4.55	3.19
Extraordinary Item	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Changes in Working Capital	2.70	-1.48	-4.25	4.96	-10.88	1.83	1.76	-0.62	5.28
Income Taxes Payable	-1.67	0.06	1.07	0.33	-1.89	1.56	0.47	0.00	-
Cash from Operating Activities	14.55	14.30	5.16	7.73	-6.33	9.13	7.49	3.93	8.47
Capital Expenditures	-10.38	-9.34	-6.20	-5.01	-2.75	-5.37	-2.63	-4.51	-5.23
Net Assets From Acquisitions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-
Sale of Fixed Assets and Businesses	0.02	0.02	0.05	0.35	0.12	0.49	0.23	0.16	0.13
Purchase or Sale of Investments	0.00	0.00	0.00	0.00	0.00	1.22	-0.03	-0.03	-0.03
Purchase of Investments	0.00	0.00	0.00	0.00	0.00	-0.02	-0.03	-0.03	-0.03
Sale Or Maturity of Investments	0.00	0.00	0.00	0.00	0.00	1.25	0.00	0.00	0.00
Other Uses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.36	-5.51
Other Sources	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash from Investing Activities	-10.36	-9.32	-6.15	-4.66	-2.63	-3.65	-2.42	-4.74	-10.64
Cash Dividends Paid	0.00	0.00	0.00	0.00	0.00	0.00	-0.28	-0.28	-0.26
Change in Capital Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01
Repurchase of Common Pref Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Sale of Common Pref Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01
Proceedsfrom Stock Options	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Issuance or Reduction of Debt, Net	-0.63	-0.65	-0.64	-0.62	2.20	-0.74	2.62	0.51	0.97
Change in Long Term Debt	-0.63	-0.65	-0.64	-0.62	2.20	-0.74	2.62	1.51	-0.03
Issuance of Long Term Debt	0.00	0.00	0.00	0.00	2.81	0.05	5.49	2.28	0.63
Reduction of Long Term Debt	-0.63	-0.65	-0.64	-0.62	-0.61	-0.79	-2.87	-0.77	-0.66
Net Financing Active Other Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Financing Activities Uses	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash from Financing Activities	-0.63	-0.65	-0.64	-0.62	2.20	-0.74	2.33	0.23	0.73
Net Change in Cash	3.56	4.34	-1.63	2.45	-6.77	4.73	7.40	-0.58	-1.44
Free Cash Flow	4.17	4.96	-1.04	2.72	-9.08	3.76	4.86	-0.58	3.24
Preferred Dividends (Cash Flow)	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Free Cash Flow	36.92	38.84	-	76.79	-	65.42	10.71	-	12.78
Deferred Taxes & Investment Tax Credit	-	0.97	-1.16	-0.43	0.13	-0.51	0.57	0.46	0.14

Balance sheet, quarterly

Currency USD, millions
Metric	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1
Cash & Short Term Investments	10.66	13.22	11.88	13.38	7.10	9.01
Short Term Receivables	25.76	29.91	28.42	26.86	31.55	23.83
Inventories	8.53	7.22	6.93	7.89	7.18	7.49
Other Current Assets	1.13	1.27	1.51	1.68	1.61	1.25
Total Current Assets	46.08	51.62	48.75	49.81	47.45	41.57
Net Property, Plant & Equipment	40.01	39.98	38.48	35.13	33.19	32.66
Total Investments and Advances	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	-	-	4.42	-	-	-
Other Assets	0.60	0.60	0.50	0.51	0.54	0.43
Total Assets	86.69	92.19	92.15	85.44	81.18	74.66
Short Term Debt Incl. Current Port. of LT Debt	0.68	0.68	0.67	0.68	0.69	0.68
Accounts Payable	5.65	8.27	5.48	5.74	5.81	5.81
Income Tax Payable	0.00	2.02	1.60	2.66	1.67	2.56
Other Current Liabilities	5.02	5.61	6.58	8.95	8.32	8.21
Total Current Liabilities	11.35	16.58	14.33	18.03	16.48	17.25
Long Term Debt	3.53	3.69	3.87	4.01	4.18	4.35
Provision for Risks Charges	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	1.47	1.46	5.88	0.48	0.48	0.48
Other Liabilities	13.30	14.81	13.76	10.79	10.79	7.50
Total Liabilities	29.65	36.54	37.84	33.31	31.93	29.59
Non-Equity Reserves	0.00	0.00	0.00	0.00	0.00	0.00
Preferred Stock - Carrying Value	0.00	0.00	0.00	0.00	0.00	0.00
Common Equity	57.04	55.66	54.30	52.13	49.24	45.07
Total Shareholders Equity	57.04	55.66	54.30	52.13	49.24	45.07
Accumulated Minority Interest	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity	57.04	55.66	54.30	52.13	49.24	45.07
Total Liabilities & Stockholders Equity	86.69	92.19	92.15	85.44	81.18	74.66
Book Value Per Share	10.75	10.49	10.23	9.83	9.28	8.50
Tangible Book Value Per Share	10.75	10.49	10.23	9.83	9.28	8.50
Full-Time Employees	-	-	285	-	-	-
Price to Book Ratio	2.00	3.31	3.70	3.97	4.27	4.09
Return on Assets	9.21	12.61	15.29	15.48	16.59	14.13
Return on Equity	14.54	20.88	26.04	25.46	27.87	24.52
Return on Invested Capital	2.28	2.26	3.66	5.12	7.81	6.73
Quick Ratio	3.31	2.68	2.92	2.33	2.44	1.98
Current Ratio	4.06	3.11	3.40	2.76	2.88	2.41

Cash flow, quarterly

Currency USD, millions
Metric	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1
Net Income	1.38	1.34	2.13	2.88	4.17	3.33
Depreciation	1.03	0.95	0.97	0.61	0.63	0.67
Other Funds (Non Cash)	0.22	0.13	-0.62	-0.16	0.11	0.10
Funds from Operations	2.64	2.42	3.46	3.33	4.91	4.08
Extraordinary Item	0.00	0.00	0.00	0.00	0.00	0.00
Changes in Working Capital	-3.12	0.71	-0.87	5.98	-4.73	-1.87
Income Taxes Payable	-2.02	0.42	-1.05	0.98	-0.88	1.02
Cash from Operating Activities	-0.48	3.13	2.59	9.31	0.18	2.22
Capital Expenditures	-1.93	-1.63	-3.96	-2.87	-1.92	-0.59
Net Assets From Acquisitions	0.00	0.00	0.00	0.00	0.00	0.00
Sale of Fixed Assets and Businesses	0.00	0.00	0.02	0.00	0.00	0.00
Purchase or Sale of Investments	0.00	0.00	0.00	0.00	0.00	0.00
Purchase of Investments	0.00	0.00	0.00	0.00	0.00	0.00
Sale Or Maturity of Investments	0.00	0.00	0.00	0.00	0.00	0.00
Other Uses	0.00	0.00	0.00	0.00	0.00	0.00
Other Sources	0.00	0.00	0.00	0.00	0.00	0.00
Cash from Investing Activities	-1.93	-1.63	-3.94	-2.87	-1.92	-0.59
Cash Dividends Paid	0.00	0.00	0.00	0.00	0.00	0.00
Preferred Dividends (Cash Flow)	0.00	0.00	0.00	0.00	0.00	0.00
Change in Capital Stock	0.00	0.00	0.00	0.00	0.00	0.00
Repurchase of Common Pref Stock	0.00	0.00	0.00	0.00	0.00	0.00
Sale of Common Pref Stock	0.00	0.00	0.00	0.00	0.00	0.00
Proceedsfrom Stock Options	0.00	0.00	0.00	0.00	0.00	0.00
Issuance or Reduction of Debt, Net	-0.14	-0.17	-0.14	-0.17	-0.17	-0.16
Change in Long Term Debt	-0.14	-0.17	-0.14	-0.17	-0.17	-0.16
Issuance of Long Term Debt	0.00	0.00	0.00	0.00	0.00	0.00
Reduction of Long Term Debt	-0.14	-0.17	-0.14	-0.17	-0.17	-0.16
Net Financing Active Other Cash Flow	0.00	0.00	0.00	0.00	0.00	0.00
Other Financing Activities Uses	0.00	0.00	0.00	0.00	0.00	0.00
Cash from Financing Activities	-0.14	-0.17	-0.14	-0.17	-0.17	-0.16
Net Change in Cash	-2.56	1.33	-1.49	6.28	-1.91	1.46
Free Cash Flow	-2.41	1.50	-1.37	6.45	-1.74	1.62
Price to Free Cash Flow	36.92	35.66	38.84	38.94	430.04	52.34

Revenue breakdown

Product Sales	2024: 45.62M 2025: 48.28M
Service	2024: 32.88M 2025: 45.17M
United States	2024: 78.51M 2025: 93.45M

Short interest

shares short against float, oldest to newest

Settlement	Of float	Shares short	Float	Avg volume
2026-10-30	4.78%	0.2M	4.6M	12.95K
2026-10-15	4.69%	0.2M	4.6M	14.53K
2026-09-30	4.47%	0.2M	4.6M	14.64K
2026-09-15	4.45%	0.2M	4.6M	15.62K
2026-08-31	4.11%	0.2M	4.6M	15.68K
2026-08-14	3.94%	0.2M	4.6M	14.62K
2026-07-31	3.76%	0.2M	4.6M	13.74K
2026-07-15	3.77%	0.2M	4.6M	12.10K
2026-06-30	3.71%	0.2M	4.6M	12.02K
2026-06-15	3.71%	0.2M	4.6M	10.31K
2026-05-29	3.69%	0.2M	4.6M	9.22K
2026-05-15	3.68%	0.2M	4.6M	8.82K
2026-04-30	3.75%	0.2M	4.6M	8.23K
2026-04-15	3.74%	0.2M	4.6M	7.72K
2026-03-31	3.74%	0.2M	4.6M	6.98K
2026-03-13	3.69%	0.2M	4.6M	6.74K
2026-02-27	3.60%	0.2M	4.6M	7.05K
2026-02-13	3.65%	0.2M	4.6M	7.56K
2026-01-30	3.67%	0.2M	4.6M	8.40K
2026-01-15	3.60%	0.2M	4.6M	8.80K

Option chain

expiry 2026-11-11

Type	Strike	Bid	Ask	Last	IV	Open int	Volume	Delta	Theta	Vega
No option chain for this symbol.

Type

Strike

Bid

Ask

Last

Open int

Volume

Delta

Theta

Vega

No option chain for this symbol.

Latest SEC filings

Filed	Form	Description	Period	Link
2026-10-19	S-8	Initial registration statement for securities to be offered to employees pursuant to employee benefit plans		SEC
2026-10-07	SCHEDULE 13D/A			SEC
2026-09-04	4/A		2018-12-07	SEC
2026-09-04	4/A		2026-09-01	SEC
2026-09-04	4/A		2026-09-02	SEC
2026-09-03	4	Statement of changes in beneficial ownership of securities	2026-09-02	SEC
2026-09-03	4	Statement of changes in beneficial ownership of securities	2026-09-01	SEC
2026-09-02	4	Statement of changes in beneficial ownership of securities	2018-12-07	SEC
2026-08-25	8-K	Current report	2026-08-25	SEC
2026-08-14	10-Q	Quarterly report pursuant to Section 13 or 15(d)	2026-06-30	SEC
2026-08-14	8-K	Current report	2026-06-09	SEC
2026-07-23	8-K	Current report	2026-07-16	SEC
2026-06-11	8-K	Current report	2026-06-10	SEC
2026-06-10	10-Q	Quarterly report pursuant to Section 13 or 15(d)	2026-03-31	SEC
2026-06-09	8-K	Current report	2026-06-09	SEC
2026-06-04	ARS	Annual report to security holders.	2025-12-31	SEC
2026-06-04	8-K	Current report	2026-05-29	SEC
2026-06-02	DEF 14A	Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934	2026-06-01	SEC
2026-05-14	NT 10-Q		2026-03-31	SEC
2026-04-14	10-K	Annual report pursuant to Section 13 or 15(d)	2025-12-31	SEC
2026-04-14	8-K	Current report	2026-04-14	SEC
2026-03-31	NT 10-K		2025-12-31	SEC
2026-03-24	8-K	Current report	2026-03-23	SEC
2026-01-07	4	Statement of changes in beneficial ownership of securities	2026-01-05	SEC
2026-01-05	4	Statement of changes in beneficial ownership of securities	2025-12-19	SEC
2025-12-30	4	Statement of changes in beneficial ownership of securities	2025-12-19	SEC
2025-12-23	4	Statement of changes in beneficial ownership of securities	2025-12-19	SEC
2025-11-25	4	Statement of changes in beneficial ownership of securities	2025-11-24	SEC
2025-11-14	10-Q	Quarterly report pursuant to Section 13 or 15(d)	2025-09-30	SEC
2025-11-14	SCHEDULE 13G			SEC

Insider activity by month

Month	Sold	Sells
2026-11	0	0
2026-10	0	0
2026-09	0	0
2026-08	0	0
2026-07	0	0
2026-06	0	0
2026-05	0	0
2026-04	0	0
2026-03	0	0
2026-02	0	0
2026-01	0	0
2025-12	0	0
2025-11	22.15K	1

Institutional holders

Manager	% owned
THOMPSON DAVIS & CO., INC.	35.75%
NEEDHAM INVESTMENT MANAGEMENT LLC	4.24%
BlackRock, Inc.	3.70%
VANGUARD CAPITAL MANAGEMENT LLC	2.59%
GEODE CAPITAL MANAGEMENT, LLC	1.68%
BARD ASSOCIATES INC	1.51%
RBF Capital, LLC	1.40%
RICE HALL JAMES & ASSOCIATES, LLC	1.02%
DIMENSIONAL FUND ADVISORS LP	0.98%
STATE STREET CORP	0.86%

Funds

Fund	% owned
Needham Aggressive Growth Fund	4.24%
VANGUARD TOTAL STOCK MARKET INDEX FUND	1.59%
iShares Russell 2000 ETF	1.35%
VANGUARD EXTENDED MARKET INDEX FUND	0.96%
Fidelity Small Cap Index Fund	0.57%
iShares Russell 2000 Growth ETF	0.54%
Fidelity Extended Market Index Fund	0.44%
VANGUARD RUSSELL 2000 INDEX FUND	0.31%
Dimensional U.S. Small Cap ETF	0.25%
U.S. SMALL CAP PORTFOLIO	0.25%

OakChart. SMID. Cached 15 minutes.

Some panels did not load: ratings.

Ex date	Ordinary	Special
2019-12-19	0.0000	0.0550
2018-12-18	0.0540	0.0010
2017-12-26	0.0000	0.0500
2016-12-28	0.0000	0.0100