Smith Midland vs United States Lime & Minerals
United States Lime & Minerals is the larger business, with $373m of revenue in fiscal 2025 against $93.4m for Smith Midland (4.0 times as much). Smith Midland grew faster (19.0% against 17.3%). United States Lime & Minerals kept more of each dollar of sales as profit: a net margin of 36.0% against 13.4%. United States Lime & Minerals carries less debt relative to equity (0.0% against 8.2%).
| Latest fiscal year | Smith MidlandSMID, 2025 | United States Lime & MineralsUSLM, 2025 |
|---|---|---|
| Revenue | $93.4m | $373m |
| Revenue growth | 19.0% | 17.3% |
| Net income | $12.5m | $134m |
| Operating margin | 18.2% | 42.4% |
| Net margin | 13.4% | 36.0% |
| Return on equity | 26.0% | 23.8% |
| Free cash flow | $5.0m | $102m |
| Cash | $11.9m | $371m |
| Total debt | $4.4m | $0 |
| Debt to equity | 8.2% | 0.0% |
| Dividend per share | — | $0.24 |
| Dividend yield | — | 0.2% |
| Share buybacks | — | $2.7m |
| Employees | 285 | — |
| Market value | $127m | $3.50bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 33 (Weak) | 72 (Strong) |
| Insider trades, 12 months | 2 buys, 1 sales | 1 buys, 2 sales |