Schmitt Industries Profit Margin

Schmitt Industries (SMIT) currently reports a profit margin of -33.19% as of May 2022. That compares with -102.87% in the prior-year period — up 67.7% year over year. That is below the Industrials sector average of 10.32%. Use the charts on this page to explore Schmitt Industries's profit margin history and peer comparisons.

Schmitt Industries's profit margin increased from -102.87% to -33.19% — a 67.7% 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 profit margin of -33.19% is lower than the Industrials sector average of 10.32%. That is roughly 421.5% 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.

There is no universal 'good' profit margin, but Schmitt Industries's current -33.19% should be judged against Industrials norms (sector average: 10.32%) and against SMIT's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.

Start with the current profit margin of -33.19%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Industrials average is 10.32%. From there, open related valuation or income-statement pages for Schmitt Industries, and consider following SMIT for alerts when major investors trade the stock.