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Side-by-side financial comparison of SMITH MIDLAND CORP (SMID) and UNIVERSAL HEALTH REALTY INCOME TRUST (UHT). Click either name above to swap in a different company.

UNIVERSAL HEALTH REALTY INCOME TRUST is the larger business by last-quarter revenue ($24.5M vs $23.1M, roughly 1.1× SMITH MIDLAND CORP). UNIVERSAL HEALTH REALTY INCOME TRUST runs the higher net margin — 17.7% vs 9.2%, a 8.4% gap on every dollar of revenue. On growth, SMITH MIDLAND CORP posted the faster year-over-year revenue change (24.7% vs -0.7%). Over the past eight quarters, SMITH MIDLAND CORP's revenue compounded faster (17.4% CAGR vs -1.3%).

Smith Midland Corp is a specialized manufacturer of precast concrete products for infrastructure, commercial, residential and industrial construction uses. Its key product lines include highway safety barriers, acoustic sound walls, architectural precast panels, and stormwater management systems, serving primarily the North American market with durable, sustainable construction solutions.

Universal Health Services, Inc. (UHS) is an American Fortune 500 company that provides hospital and healthcare services, based in King of Prussia, Pennsylvania. In 2024, UHS reported total revenues of $15.8 billion.

SMID vs UHT — Head-to-Head

Bigger by revenue
UHT
UHT
1.1× larger
UHT
$24.5M
$23.1M
SMID
Growing faster (revenue YoY)
SMID
SMID
+25.4% gap
SMID
24.7%
-0.7%
UHT
Higher net margin
UHT
UHT
8.4% more per $
UHT
17.7%
9.2%
SMID
Faster 2-yr revenue CAGR
SMID
SMID
Annualised
SMID
17.4%
-1.3%
UHT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SMID
SMID
UHT
UHT
Revenue
$23.1M
$24.5M
Net Profit
$2.1M
$4.3M
Gross Margin
57.5%
Operating Margin
37.8%
34.7%
Net Margin
9.2%
17.7%
Revenue YoY
24.7%
-0.7%
Net Profit YoY
52.5%
-7.2%
EPS (diluted)
$0.41
$0.32

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SMID
SMID
UHT
UHT
Q4 25
$23.1M
$24.5M
Q3 25
$21.5M
$25.3M
Q2 25
$26.2M
$24.9M
Q1 25
$22.7M
$24.5M
Q4 24
$18.5M
$24.6M
Q3 24
$23.6M
$24.5M
Q2 24
$19.6M
$24.7M
Q1 24
$16.8M
$25.1M
Net Profit
SMID
SMID
UHT
UHT
Q4 25
$2.1M
$4.3M
Q3 25
$2.9M
$4.0M
Q2 25
$4.2M
$4.5M
Q1 25
$3.3M
$4.8M
Q4 24
$1.4M
$4.7M
Q3 24
$3.1M
$4.0M
Q2 24
$2.0M
$5.3M
Q1 24
$1.1M
$5.3M
Gross Margin
SMID
SMID
UHT
UHT
Q4 25
57.5%
Q3 25
26.8%
Q2 25
0.0%
Q1 25
30.7%
Q4 24
51.4%
Q3 24
27.9%
Q2 24
0.0%
Q1 24
23.3%
Operating Margin
SMID
SMID
UHT
UHT
Q4 25
37.8%
34.7%
Q3 25
18.0%
33.2%
Q2 25
0.0%
35.6%
Q1 25
19.3%
36.8%
Q4 24
24.5%
37.6%
Q3 24
16.3%
34.7%
Q2 24
0.0%
38.7%
Q1 24
9.0%
37.6%
Net Margin
SMID
SMID
UHT
UHT
Q4 25
9.2%
17.7%
Q3 25
13.4%
15.9%
Q2 25
15.9%
18.1%
Q1 25
14.7%
19.5%
Q4 24
7.5%
18.9%
Q3 24
13.4%
16.3%
Q2 24
10.1%
21.3%
Q1 24
6.8%
21.1%
EPS (diluted)
SMID
SMID
UHT
UHT
Q4 25
$0.41
$0.32
Q3 25
$0.54
$0.29
Q2 25
$0.79
$0.32
Q1 25
$0.62
$0.34
Q4 24
$0.28
$0.34
Q3 24
$0.59
$0.29
Q2 24
$0.37
$0.38
Q1 24
$0.21
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SMID
SMID
UHT
UHT
Cash + ST InvestmentsLiquidity on hand
$6.7M
Total DebtLower is stronger
$374.8M
Stockholders' EquityBook value
$54.3M
$152.4M
Total Assets
$87.7M
$564.9M
Debt / EquityLower = less leverage
2.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SMID
SMID
UHT
UHT
Q4 25
$6.7M
Q3 25
$6.9M
Q2 25
$6.6M
Q1 25
$7.0M
Q4 24
$7.1M
Q3 24
$6.4M
Q2 24
$5.6M
Q1 24
$7.7M
Total Debt
SMID
SMID
UHT
UHT
Q4 25
$374.8M
Q3 25
Q2 25
Q1 25
Q4 24
$368.4M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
SMID
SMID
UHT
UHT
Q4 25
$54.3M
$152.4M
Q3 25
$52.1M
$158.6M
Q2 25
$49.2M
$165.2M
Q1 25
$45.1M
$172.2M
Q4 24
$41.7M
$179.5M
Q3 24
$40.3M
$181.6M
Q2 24
$37.2M
$190.7M
Q1 24
$35.3M
$196.5M
Total Assets
SMID
SMID
UHT
UHT
Q4 25
$87.7M
$564.9M
Q3 25
$85.4M
$568.0M
Q2 25
$81.2K
$573.0M
Q1 25
$74.7M
$573.5M
Q4 24
$68.0M
$580.9M
Q3 24
$66.6M
$584.3M
Q2 24
$64.0M
$586.6M
Q1 24
$64.9M
$596.2M
Debt / Equity
SMID
SMID
UHT
UHT
Q4 25
2.46×
Q3 25
Q2 25
Q1 25
Q4 24
2.05×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SMID
SMID
UHT
UHT
Operating Cash FlowLast quarter
$49.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
11.35×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SMID
SMID
UHT
UHT
Q4 25
$49.1M
Q3 25
$11.7M
$10.2M
Q2 25
$13.7M
Q1 25
$2.2M
$11.6M
Q4 24
$-645.0K
$46.9M
Q3 24
$3.9M
$9.9M
Q2 24
$2.7M
$12.1M
Q1 24
$-777.0K
$11.7M
Free Cash Flow
SMID
SMID
UHT
UHT
Q4 25
Q3 25
$6.3M
Q2 25
Q1 25
$1.6M
Q4 24
$-1.3M
Q3 24
$1.8M
Q2 24
$998.0K
Q1 24
$-2.6M
FCF Margin
SMID
SMID
UHT
UHT
Q4 25
Q3 25
29.5%
Q2 25
Q1 25
7.1%
Q4 24
-7.0%
Q3 24
7.8%
Q2 24
5.1%
Q1 24
-15.3%
Capex Intensity
SMID
SMID
UHT
UHT
Q4 25
Q3 25
25.1%
Q2 25
Q1 25
2.6%
Q4 24
3.6%
Q3 24
8.6%
Q2 24
8.7%
Q1 24
10.7%
Cash Conversion
SMID
SMID
UHT
UHT
Q4 25
11.35×
Q3 25
4.07×
2.54×
Q2 25
3.05×
Q1 25
0.67×
2.43×
Q4 24
-0.46×
10.06×
Q3 24
1.23×
2.48×
Q2 24
1.37×
2.30×
Q1 24
-0.68×
2.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SMID
SMID

Product Sales$13.8M60%
Service Revenue$9.3M40%

UHT
UHT

Reportable Segment Aggregation Before Other Operating Segment$23.1M94%
Equity Method Investment Nonconsolidated Investee Or Group Of Investees$2.3M9%

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