Schmitt Industries Gross Profit

Schmitt Industries (SMIT) currently reports a gross profit of $5.1M as of May 2022. That compares with $3.3M in the prior-year period — up 55.0% year over year. That is below the Industrials sector average of $120B. Use the charts on this page to explore Schmitt Industries's gross profit history and peer comparisons.

Schmitt Industries's gross profit increased from $3.3M to $5.1M — a 55.0% year-over-year increase (period ending May 2022). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Schmitt Industries's gross profit of $5.1M is lower than the Industrials sector average of $120B. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Schmitt Industries reported $5.1M in gross profit as of May 2022. That compares with $3.3M in the prior-year period — up 55.0% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current gross profit of $5.1M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Industrials average is $120B. From there, open related valuation or income-statement pages for Schmitt Industries, and consider following SMIT for alerts when major investors trade the stock.