Company / Income Tax
SMITH MIDLAND CORP Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$2.1M
FY2025
5-year range
$145.0K / $2.1M
FY2021-FY2025
Trend
+305.9%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Income Tax changed +306% YoY in FY2025, a notable deviation from the 9-year average annual change of +78%.
Based on SEC 10-K filings.
$2M in FY2025 with a 5-year CAGR of +31.3%.
Increased from $145,000 to $2M over the past 2 years.
Income Tax over time
Growth rates
- 3-Year CAGR
- +12.0%
- 5-Year CAGR
- +31.3%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +31.3%, indicating consistent growth.
- In FY2025, income tax increased 305.9% year-over-year.
- Lowest income tax in the period was in FY2023.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.1M | +305.9% |
| FY2024 | $528.0K | +264.1% |
| FY2023 | $145.0K | -90.5% |
| FY2022 | $1.5M | +35.2% |
| FY2021 | $1.1M | +105.3% |
| FY2020 | $549.0K | -4.0% |
| FY2019 | $572.0K | -45.9% |
| FY2018 | $1.1M | -27.7% |
| FY2017 | $1.5M | +162.5% |
| FY2016 | $557.0K | +211.8% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026