Smith-Midland Corp (SMID) — Free Cash Flow Generation Index

Latest as of March 2026: -0.53x

Smith-Midland Corp (SMID) has a Free Cash Flow Generation Index of -0.53x as of March 2026. Free cash flow of $-1.37 Million represents -1% of operating cash flow ($2.59 Million). See SMID net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

-0.53x
Free Cash Flow / Operating CF

Free Cash Flow

$-1.37 Million
USD

Operating Cash Flow

$2.59 Million
USD

Capital Expenditures

$3.96 Million
USD

Smith-Midland Corp Free Cash Flow Generation Index (1994–2025)

Historical FCF Generation Index trend for Smith-Midland Corp across 25 annual periods. Explore how well can Smith-Midland Corp service its debt to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Smith-Midland Corp (1994–2025)

Year-by-year Free Cash Flow Generation Index for Smith-Midland Corp. For the full company profile including market capitalisation, see Smith-Midland Corp market cap and net worth.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.35x $4.96 Million $14.30 Million $9.34 Million ▲ +271.3%
2024 -0.20x $-1.04 Million $5.16 Million $6.20 Million ▼ -157.5%
2023 0.35x $2.72 Million $7.73 Million $5.01 Million ▼ -14.5%
2021 0.41x $3.76 Million $9.13 Million $5.37 Million ▼ -36.5%
2020 0.65x $4.86 Million $7.49 Million $2.63 Million ▲ +371.8%
2019 -0.24x $-939.00K $3.93 Million $4.87 Million ▲ +10.8%
2018 -0.27x $-2.27 Million $8.47 Million $10.74 Million ▼ -523.6%
2017 0.06x $185.00K $2.93 Million $2.74 Million ▲ +1.0%
2016 0.06x $249.97K $3.99 Million $3.74 Million ▲ +100.1%
2015 -85.57x $-1.62 Million $18.89K $1.64 Million ▼ -12807.0%
2014 0.67x $960.52K $1.43 Million $465.83K ▲ +722.0%
2013 -0.11x $-88.76K $819.85K $908.61K ▼ -111.3%
2012 0.96x $2.78 Million $2.89 Million $110.28K ▲ +2071.3%
2010 -0.05x $-54.64K $1.12 Million $1.17 Million ▼ -106.2%
2009 0.78x $2.49 Million $3.17 Million $683.57K ▲ +29.4%
2008 0.61x $1.01 Million $1.66 Million $654.74K ▲ +96.4%
2007 0.31x $258.64K $838.21K $579.57K ▼ -24.2%
2005 0.41x $500.32K $1.23 Million $727.97K ▼ -33.5%
2004 0.61x $449.79K $734.41K $284.62K ▲ +452.7%
2002 -0.17x $-111.96K $644.80K $756.76K ▼ -126.6%
2001 0.65x $759.30K $1.16 Million $403.53K ▲ +109.1%
2000 -7.20x $-384.25K $53.37K $437.61K ▼ -1301.7%
1999 -0.51x $-182.26K $354.81K $537.07K ▼ -15348.2%
1997 0.00x $1.77K $526.00K $524.23K ▲ +100.2%
1994 -2.00x $-200.00K $100.00K $300.00K
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).