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Schmitt Industries (SMIT) Gross Margin

Annual Gross Margin

51.23%
+14.36%+38.95%

May 31, 2022

Summary

Performance

1-Year Change

+38.95%

3-Year Change

+36.98%

5-Year Change

+29.99%

15-Year Change

+29.99%

SMIT Gross Margin Chart

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Highlights

Sector Rank

57.49%
SMIT annual gross profit margin is higher than 57.49% of companies in Technology sector

High & Low

All-time High

70.42%
SMIT annual gross profit margin is currently -27.25% below its historical high of 70.42%

3-Year Low

36.87%
SMIT annual gross profit margin is currently +38.95% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

May 31, 2022
SMIT previous annual earnings announcement was published on May 31, 2022

Next Annual Earnings Report Date

Feb 10, 2025
SMIT next annual earnings announcement is scheduled for Feb 10, 2025

OtherSMITprofitabilitymetrics:

Annual Revenue

$9.89 M
SMIT annual revenue is $9.89 million

Annual Gross Profit

$5.07 M
SMIT annual gross profit is $5.07 million

Annual Operating Margin

-107.30%
SMIT annual operating profit margin is -107.30%

Annual Net Margin

-33.19%
SMIT annual net profit margin is -33.19%

Quarterly Gross Margin

25.56%
-18.77%-42.34%

May 31, 2022

Summary

Performance

3-Month Change

-42.34%

1-Year Change

+130.01%

3-Year Change

-21.57%

5-Year Change

-26.13%

SMIT Quarterly Gross Margin Chart

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Highlights

Sector Rank

20.47%
SMIT quarterly gross profit margin is higher than 20.47% of companies in Technology sector

High & Low

All-time High

83.33%
SMIT quarterly gross profit margin is currently -69.33% below its historical high of 83.33%

3-Year Low

25.56%
SMIT quarterly gross profit margin is currently at its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

May 31, 2022
SMIT previous earnings announcement was published on May 31, 2022

Next Quarterly Earnings Report Date

Feb 10, 2025
SMIT next earnings announcement is scheduled for Feb 10, 2025

OtherSMITprofitabilitymetrics:

Quarterly Revenue

$1.32 M
SMIT quarterly revenue is $1.32 million

Quarterly Gross Profit

$338.20 K
SMIT quarterly gross profit is $338.20 thousand

Quarterly Operating Margin

-259.05%
SMIT quarterly operating profit margin is -259.05%

Quarterly Net Margin

-233.95%
SMIT quarterly net profit margin is -233.95%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

51.23%
SMIT annual gross profit margin is 51.23%

Annual Gross Profit

$5.07 M
SMIT annual gross profit is $5.07 million

Annual Revenue

$9.89 M
SMIT annual revenue is $9.89 million

SMIT Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+39.0%+130.0%
3 y3 years+37.0%-21.6%
5 y5 years+30.0%-26.1%

SMIT Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-yearat high+39.0%-53.3%at low
5 y5-yearat high+39.0%-58.0%+130.0%
alltimeall time-27.3%+61.6%-69.3%+130.0%

Schmitt Industries Gross Margin History

DateAnnualQuarterly
May 2022
51.23%(+38.9%)
25.56%(-42.3%)
Feb 2022
-
44.33%(-19.0%)
Nov 2021
-
54.72%(-10.2%)
Aug 2021
-
60.92%(-171.5%)
May 2021
36.87%(-20.8%)
-85.17%(-271.0%)
Feb 2021
-
49.82%(+5.1%)
Nov 2020
-
47.40%(+17.6%)
Aug 2020
-
40.31%(-18.8%)
May 2020
46.55%(+24.5%)
49.62%(-10.0%)
Feb 2020
-
55.13%(+46.1%)
Nov 2019
-
37.73%(-13.5%)
Aug 2019
-
43.60%(+33.8%)
May 2019
37.40%(-14.4%)
32.59%(-12.1%)
Feb 2019
-
37.06%(-11.0%)
Nov 2018
-
41.63%(+6.9%)
Aug 2018
-
38.94%(-8.6%)
May 2018
43.67%(+10.8%)
42.62%(+4.4%)
Feb 2018
-
40.83%(-10.8%)
Nov 2017
-
45.77%(+0.8%)
Aug 2017
-
45.39%(+31.2%)
May 2017
39.41%(-5.4%)
34.60%(-8.9%)
Feb 2017
-
37.96%(-2.4%)
Nov 2016
-
38.88%(-18.3%)
Aug 2016
-
47.56%(+30.6%)
May 2016
41.65%(-11.4%)
36.43%(-13.4%)
Feb 2016
-
42.06%(+1.3%)
Nov 2015
-
41.53%(-10.6%)
Aug 2015
-
46.47%(+1.1%)
May 2015
46.99%(+1.4%)
45.95%(+2.5%)
Feb 2015
-
44.85%(-9.1%)
Nov 2014
-
49.32%(+2.8%)
Aug 2014
-
48.00%(+6.1%)
May 2014
46.36%(-5.3%)
45.25%(-4.8%)
Feb 2014
-
47.55%(+1.8%)
Nov 2013
-
46.70%(+1.7%)
Aug 2013
-
45.91%(+13.8%)
May 2013
48.95%(+11.4%)
40.36%(-16.9%)
Feb 2013
-
48.55%(-14.9%)
Nov 2012
-
57.07%(+12.1%)
Aug 2012
-
50.91%(+35.5%)
May 2012
43.93%(-9.9%)
37.58%(-23.0%)
Feb 2012
-
48.79%(+15.6%)
Nov 2011
-
42.19%(-14.2%)
Aug 2011
-
49.20%(-9.5%)
May 2011
48.78%(+9.1%)
54.35%(+21.3%)
Feb 2011
-
44.81%(-8.6%)
Nov 2010
-
49.03%(+7.2%)
Aug 2010
-
45.74%(+28.3%)
May 2010
44.70%(+2.6%)
35.65%(-30.8%)
Feb 2010
-
51.53%(+5.0%)
Nov 2009
-
49.06%(+9.3%)
Aug 2009
-
44.89%(+156.5%)
May 2009
43.57%(-18.6%)
17.50%(-61.8%)
Feb 2009
-
45.84%(-2.3%)
Nov 2008
-
46.92%(-9.6%)
Aug 2008
-
51.90%(-5.7%)
DateAnnualQuarterly
May 2008
53.55%(-4.0%)
55.06%(+6.6%)
Feb 2008
-
51.63%(-4.9%)
Nov 2007
-
54.30%(+1.3%)
Aug 2007
-
53.58%(-9.7%)
May 2007
55.78%(-0.9%)
59.36%(+3.6%)
Feb 2007
-
57.30%(+3.3%)
Nov 2006
-
55.45%(+6.6%)
Aug 2006
-
52.02%(-13.7%)
May 2006
56.28%(-2.8%)
60.31%(+15.5%)
Feb 2006
-
52.22%(-9.6%)
Nov 2005
-
57.78%(+8.7%)
Aug 2005
-
53.16%(-9.2%)
May 2005
57.88%(+1.5%)
58.57%(+2.4%)
Feb 2005
-
57.19%(-4.2%)
Nov 2004
-
59.72%(+6.8%)
Aug 2004
-
55.93%(-10.3%)
May 2004
57.02%(+7.7%)
62.34%(+12.9%)
Feb 2004
-
55.24%(+3.1%)
Nov 2003
-
53.60%(-0.0%)
Aug 2003
-
53.61%(-9.8%)
May 2003
52.96%(-9.7%)
59.43%(+97.9%)
Feb 2003
-
30.03%(-49.9%)
Nov 2002
-
59.89%(+1.8%)
Aug 2002
-
58.85%(-2.6%)
May 2002
58.62%(+84.9%)
60.40%(+1.9%)
Feb 2002
-
59.26%(-0.4%)
Nov 2001
-
59.52%(+8.7%)
Aug 2001
-
54.75%(-210.5%)
May 2001
31.71%(-46.3%)
-49.53%(-184.3%)
Feb 2001
-
58.75%(+38.5%)
Nov 2000
-
42.42%(-33.9%)
Aug 2000
-
64.18%(+6.0%)
May 2000
59.03%(+12.4%)
60.54%(-1.0%)
Feb 2000
-
61.18%(+8.2%)
Nov 1999
-
56.52%(+2.8%)
Aug 1999
-
55.00%(+5.6%)
May 1999
52.50%(-11.7%)
52.07%(-4.9%)
Feb 1999
-
54.74%(+9.5%)
Nov 1998
-
50.00%(0.0%)
Aug 1998
-
50.00%(-36.1%)
May 1998
59.43%(-9.6%)
78.26%(+70.8%)
Feb 1998
-
45.83%(-22.8%)
Nov 1997
-
59.38%(+6.9%)
Aug 1997
-
55.56%(-16.7%)
May 1997
65.71%(-6.7%)
66.67%(+7.4%)
Feb 1997
-
62.07%(-1.4%)
Nov 1996
-
62.96%(+3.0%)
Aug 1996
-
61.11%(-26.7%)
May 1996
70.42%(+6.8%)
83.33%(+21.8%)
Feb 1996
-
68.42%(-6.7%)
Nov 1995
-
73.33%(+19.2%)
Aug 1995
-
61.54%(-11.1%)
May 1995
65.91%(+9.8%)
69.23%(+3.8%)
Feb 1995
-
66.67%(-4.8%)
Nov 1994
-
70.00%(+16.7%)
Aug 1994
-
60.00%
May 1994
60.00%
-

FAQ

  • What is Schmitt Industries annual gross profit margin?
  • What is the all time high annual gross margin for Schmitt Industries?
  • What is Schmitt Industries annual gross margin year-on-year change?
  • What is Schmitt Industries quarterly gross profit margin?
  • What is the all time high quarterly gross margin for Schmitt Industries?
  • What is Schmitt Industries quarterly gross margin year-on-year change?

What is Schmitt Industries annual gross profit margin?

The current annual gross margin of SMIT is 51.23%

What is the all time high annual gross margin for Schmitt Industries?

Schmitt Industries all-time high annual gross profit margin is 70.42%

What is Schmitt Industries annual gross margin year-on-year change?

Over the past year, SMIT annual gross profit margin has changed by +14.36% (+38.95%)

What is Schmitt Industries quarterly gross profit margin?

The current quarterly gross margin of SMIT is 25.56%

What is the all time high quarterly gross margin for Schmitt Industries?

Schmitt Industries all-time high quarterly gross profit margin is 83.33%

What is Schmitt Industries quarterly gross margin year-on-year change?

Over the past year, SMIT quarterly gross profit margin has changed by +110.73% (+130.01%)