Company / SG&A Expense
SMITH MIDLAND CORP SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$6.6M
FY2025
5-year range
$5.0M / $6.6M
FY2021-FY2025
Trend
+9.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
SG&A Expense has increased for 5 consecutive years, from $5M in FY2020 to $7M in FY2025.
Based on SEC 10-K filings.
$7M in FY2025 with a 5-year CAGR of +6.0%.
Increased from $6M to $7M over the past 2 years.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +6.6%
- 5-Year CAGR
- +6.0%
- 10-Year CAGR
- -
Key checks
Key Insights
- SMITH MIDLAND CORP's sg&a expense has grown for 5 consecutive years.
- 5-year CAGR of +6.0%, indicating consistent growth.
- In FY2025, sg&a expense increased 9.4% year-over-year.
- Lowest sg&a expense in the period was in FY2016.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $6.6M | +9.4% |
| FY2024 | $6.0M | +7.9% |
| FY2023 | $5.6M | +2.5% |
| FY2022 | $5.4M | +8.6% |
| FY2021 | $5.0M | +2.1% |
| FY2020 | $4.9M | -13.9% |
| FY2019 | $5.7M | +8.0% |
| FY2018 | $5.3M | +35.0% |
| FY2017 | $3.9M | +15.6% |
| FY2016 | $3.4M | +12.9% |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026