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SMID vs. STRL
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

SMID vs. STRL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Smith-Midland Corporation (SMID) and Sterling Construction Company, Inc. (STRL). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SMID achieves a -17.58% return, which is significantly lower than STRL's 212.52% return. Over the past 10 years, SMID has underperformed STRL with an annualized return of 28.33%, while STRL has yielded a comparatively higher 68.46% annualized return.


SMID

1D
-4.04%
1M
-11.91%
YTD
-17.58%
6M
-15.85%
1Y
2.50%
3Y*
19.05%
5Y*
11.54%
10Y*
28.33%

STRL

1D
9.31%
1M
80.75%
YTD
212.52%
6M
195.87%
1Y
392.73%
3Y*
168.94%
5Y*
107.15%
10Y*
68.46%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SMID vs. STRL - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SMID
Smith-Midland Corporation
-17.58%-18.26%12.56%92.68%-56.38%397.35%57.50%-18.98%9.99%29.02%
STRL
Sterling Construction Company, Inc.
212.52%81.79%91.57%168.08%24.71%41.32%32.17%29.29%-33.11%92.43%

Correlation

The correlation between SMID and STRL is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.22

Correlation (3Y)
Calculated over the trailing 3-year period

0.23

Correlation (5Y)
Calculated over the trailing 5-year period

0.21

Correlation (10Y)
Calculated over the trailing 10-year period

0.16

Correlation (All Time)
Calculated using the full available price history since Jan 5, 2016

0.16

Fundamentals

EPS

SMID:

$3.54

STRL:

$11.19

PE Ratio

SMID:

8.47

STRL:

85.53

PEG Ratio

SMID:

0.04

STRL:

1.82

PS Ratio

SMID:

1.13

STRL:

10.28

Total Revenue (TTM)

SMID:

$93.45M

STRL:

$2.88B

Gross Profit (TTM)

SMID:

$26.04M

STRL:

$664.66M

EBITDA (TTM)

SMID:

$19.01M

STRL:

$429.99M

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Return for Risk

SMID vs. STRL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SMID
SMID Risk / Return Rank: 4141
Overall Rank
SMID Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
SMID Sortino Ratio Rank: 4040
Sortino Ratio Rank
SMID Omega Ratio Rank: 4040
Omega Ratio Rank
SMID Calmar Ratio Rank: 4242
Calmar Ratio Rank
SMID Martin Ratio Rank: 4242
Martin Ratio Rank

STRL
STRL Risk / Return Rank: 9797
Overall Rank
STRL Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
STRL Sortino Ratio Rank: 9797
Sortino Ratio Rank
STRL Omega Ratio Rank: 9696
Omega Ratio Rank
STRL Calmar Ratio Rank: 9898
Calmar Ratio Rank
STRL Martin Ratio Rank: 9898
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SMID vs. STRL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Smith-Midland Corporation (SMID) and Sterling Construction Company, Inc. (STRL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


SMIDSTRLDifference
Sharpe ratioReturn per unit of total volatility

-4.87

Sortino ratioReturn per unit of downside risk

-4.21

Omega ratioGain probability vs. loss probability

1.05

1.62

-0.57

Calmar ratioReturn relative to maximum drawdown

0.06

12.76

-12.70

Martin ratioReturn relative to average drawdown

0.14

35.75

-35.62

SMID vs. STRL - Sharpe Ratio Comparison

The current SMID Sharpe Ratio is 0.05, which is lower than the STRL Sharpe Ratio of 4.92. The chart below compares the historical Sharpe Ratios of SMID and STRL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


SMIDSTRLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.05

4.92

-4.87

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.18

1.90

-1.72

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

1.29

-0.75

Sharpe Ratio (All Time)

Calculated using the full available price history

0.46

0.27

+0.19

Drawdowns

SMID vs. STRL - Drawdown Comparison

The maximum SMID drawdown since its inception was -72.37%, smaller than the maximum STRL drawdown of -92.51%. Use the drawdown chart below to compare losses from any high point for SMID and STRL.


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Drawdown Indicators


SMIDSTRLDifference

Max Drawdown

Largest peak-to-trough decline

-72.37%

-92.51%

+20.14%

Max Drawdown (1Y)

Largest decline over 1 year

-39.29%

-31.02%

-8.27%

Max Drawdown (3Y)

Largest decline over 3 years

-48.85%

-47.67%

-1.18%

Max Drawdown (5Y)

Largest decline over 5 years

-72.37%

-47.67%

-24.70%

Max Drawdown (10Y)

Largest decline over 10 years

-72.37%

-59.60%

-12.77%

Current Drawdown

Current decline from peak

-40.14%

0.00%

-40.14%

Average Drawdown

Average peak-to-trough decline

-27.50%

-46.32%

+18.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

18.17%

11.05%

+7.12%

Volatility

SMID vs. STRL - Volatility Comparison

The current volatility for Smith-Midland Corporation (SMID) is 16.77%, while Sterling Construction Company, Inc. (STRL) has a volatility of 47.76%. This indicates that SMID experiences smaller price fluctuations and is considered to be less risky than STRL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SMIDSTRLDifference

Volatility (1M)

Calculated over the trailing 1-month period

16.77%

47.76%

-30.99%

Volatility (6M)

Calculated over the trailing 6-month period

39.16%

62.53%

-23.37%

Volatility (1Y)

Calculated over the trailing 1-year period

52.90%

80.55%

-27.65%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

64.79%

56.74%

+8.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

54.16%

53.30%

+0.86%

Dividends

SMID vs. STRL - Dividend Comparison

Neither SMID nor STRL has paid dividends to shareholders.


PositionTTM2025202420232022202120202019201820172016
SMID
Smith-Midland Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.92%0.74%0.73%0.19%
STRL
Sterling Construction Company, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Financials

SMID vs. STRL - Financials Comparison

This section allows you to compare key financial metrics between Smith-Midland Corporation and Sterling Construction Company, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00200.00M400.00M600.00M800.00M20222023202420252026
23.11M
825.68M
(SMID) Total Revenue
(STRL) Total Revenue
Values in USD except per share items

SMID vs. STRL - Profitability Comparison

The chart below illustrates the profitability comparison between Smith-Midland Corporation and Sterling Construction Company, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

15.0%20.0%25.0%30.0%35.0%20222023202420252026
23.9%
23.5%
Portfolio components
SMID - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Smith-Midland Corporation reported a gross profit of 5.52M and revenue of 23.11M. Therefore, the gross margin over that period was 23.9%.

STRL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sterling Construction Company, Inc. reported a gross profit of 194.30M and revenue of 825.68M. Therefore, the gross margin over that period was 23.5%.

SMID - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Smith-Midland Corporation reported an operating income of 3.24M and revenue of 23.11M, resulting in an operating margin of 14.0%.

STRL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sterling Construction Company, Inc. reported an operating income of 2.36M and revenue of 825.68M, resulting in an operating margin of 0.3%.

SMID - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Smith-Midland Corporation reported a net income of 2.13M and revenue of 23.11M, resulting in a net margin of 9.2%.

STRL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sterling Construction Company, Inc. reported a net income of 95.97M and revenue of 825.68M, resulting in a net margin of 11.6%.


Frequently Asked Questions


SMID and STRL have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

STRL has higher volatility (47.76%) compared to SMID (16.77%). In terms of maximum drawdown, SMID dropped -72.37% vs STRL's -92.51%.

STRL currently has the higher Sharpe Ratio (4.92 vs 0.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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