As of the most recent data (May 2022), SMIT shows a gross profit of $5.1M. That compares with $3.3M in the prior-year period — up 55.0% year over year. That is below the Industrials sector average of $110B. Scroll down for historical charts and peer comparison views.

Compared with the year-ago period, SMIT's gross profit is now $5.1M (was $3.3M) — a 55.0% year-over-year increase. Pairing that YoY change with peer averages gives a clearer picture of whether Schmitt Industries is outperforming or lagging.

The Industrials sector average gross profit is about $110B. Schmitt Industries is at $5.1M, which is lower that average. That is roughly 100.0% below the sector mean. Use the comparison chart on this page to see how SMIT stacks up against individual peers as well.

Tracking SMIT's gross profit over time shows whether Schmitt Industries is scaling, shrinking, or reshaping that part of the business. The current reading is $5.1M That compares with $3.3M in the prior-year period — up 55.0% year over year. Multi-quarter patterns matter more than any single print, which is why this page emphasizes history and peer comparison charts.

Besides this gross profit page, Stockcircle has Schmitt Industries's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect gross profit (currently $5.1M) with ownership activity and broader fundamentals.