Smith-Midland Corp (SMID) — Cash Flow Quality Index
Smith-Midland Corp (SMID) has a Cash Flow Quality Index of 1.21x as of March 2026. Operating cash flow of $2.59 Million exceeds net income of $2.13 Million, indicating high earnings quality where cash backs reported profits. Also explore Smith-Midland Corp asset portfolio for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Smith-Midland Corp Cash Flow Quality Index (1994–2025)
Historical Cash Flow Quality Index for Smith-Midland Corp across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check SMID goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Smith-Midland Corp (1994–2025)
Year-by-year earnings quality comparison for Smith-Midland Corp. For live market cap and the full company financial profile, see market value of Smith-Midland Corp.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.14x | $14.30 Million | $12.51 Million | ▲ +70.2% |
| 2024 | 0.67x | $5.16 Million | $7.67 Million | ▼ -93.1% |
| 2023 | 9.73x | $7.73 Million | $795.00K | ▲ +222.8% |
| 2022 | -7.92x | $-6.33 Million | $800.00K | ▼ -756.8% |
| 2021 | 1.21x | $9.13 Million | $7.57 Million | ▼ -57.1% |
| 2020 | 2.81x | $7.49 Million | $2.67 Million | ▲ +40.0% |
| 2019 | 2.01x | $3.93 Million | $1.96 Million | ▼ -60.0% |
| 2018 | 5.02x | $8.47 Million | $1.69 Million | ▲ +360.7% |
| 2017 | 1.09x | $2.93 Million | $2.68 Million | ▼ -22.6% |
| 2016 | 1.41x | $3.99 Million | $2.84 Million | ▲ +7688.8% |
| 2015 | 0.02x | $18.89K | $1.04 Million | ▼ -98.5% |
| 2013 | 1.19x | $819.85K | $691.50K | ▼ -84.5% |
| 2012 | 7.67x | $2.89 Million | $376.69K | ▲ +1551.0% |
| 2010 | 0.46x | $1.12 Million | $2.41 Million | ▼ -73.5% |
| 2009 | 1.75x | $3.17 Million | $1.81 Million | ▼ -55.6% |
| 2008 | 3.95x | $1.66 Million | $420.99K | ▲ +490.0% |
| 2007 | 0.67x | $838.21K | $1.25 Million | ▼ -26.4% |
| 2005 | 0.91x | $1.23 Million | $1.35 Million | ▼ -39.0% |
| 2004 | 1.49x | $734.41K | $492.45K | ▲ +38.9% |
| 2002 | 1.07x | $644.80K | $600.51K | ▲ +84.1% |
| 2001 | 0.58x | $1.16 Million | $1.99 Million | ▲ +548.4% |
| 2000 | 0.09x | $53.37K | $593.37K | ▼ -98.9% |
| 1999 | 8.39x | $354.81K | $42.27K | ▲ +320.9% |
| 1997 | 1.99x | $526.00K | $263.80K | ▲ +298.8% |
| 1994 | 0.50x | $100.00K | $200.00K | — |