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Schmitt Industries's peak revenue was $14.4M in 2012. The peak quarterly revenue was $4.3M in 2012(q4).
Schmitt Industries's revenue increased from $8.9m in 2000 to $9.9M currently. That's a 11.73% change in annual revenue.
| Fiscal year / year | Schmitt Industries revenue |
|---|---|
| 2009 | $9.5M |
| 2010 | $6.8M |
| 2011 | $11.5M |
| 2012 | $14.4M |
| 2013 | $12.5M |
| 2014 | $12.1M |
| 2015 | $13.1M |
| 2016 | $11.7M |
| 2017 | $12.4M |
| 2018 | $13.9M |
| 2019 | $13.8M |
| 2020 | $4.2M |
| 2021 | $5.6M |
| 2022 | $9.9M |
How accurately did Schmitt Industries' revenue projections match actual performance?
Schmitt Industries saw the greatest revenue growth in 2022, when revenue increased by 76.65%.
Schmitt Industries had the lowest revenue growth in 2020, when revenue changed by -69.66%.
| Year | Schmitt Industries growth |
|---|---|
| 2009 | -17%↓ |
| 2010 | -28%↓ |
| 2011 | 69%↑ |
| 2012 | 26%↑ |
| 2013 | -14%↓ |
| 2014 | -3%↓ |
| 2015 | 8%↑ |
| 2016 | -11%↓ |
| 2017 | 6%↑ |
| 2018 | 12%↑ |
| 2019 | -1%↓ |
| 2020 | -70%↓ |
| 2021 | 34%↑ |
| 2022 | 77%↑ |
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2009 | $3.2M | $3.0M | $1.8M | $1.6M |
| 2010 | $1.2M | $1.9M | $1.5M | $2.1M |
| 2011 | $2.4M | $2.9M | $2.9M | $3.3M |
| 2012 | $3.5M | $3.5M | $3.2M | $4.3M |
| 2013 | $3.7M | $2.7M | $2.8M | $3.3M |
| 2014 | $2.9M | $3.1M | $3.1M | $3.0M |
| 2015 | $3.0M | $3.2M | $3.0M | $3.9M |
| 2016 | $3.1M | $3.1M | $2.5M | $3.0M |
| 2017 | $2.9M | $2.7M | $3.2M | $3.7M |
| 2018 | $3.1M | $3.8M | $3.2M | $3.8M |
| 2019 | $3.4M | $1.2M | $1.1M | $1.2M |
| 2020 | $1.1M | $1.0M | $1.1M | $967,078 |
| 2021 | $1.5M | $2.0M | $1.7M | $394,818 |
| 2022 | $3.8M | $3.0M | $1.8M | $1.3M |
Do you work at Schmitt Industries?
Did Schmitt Industries meet its revenue projections?
| CEO | Michael R. Zapata |
| Company Type | Public |
| Employees Number | 50 |
| Date Founded | 1984 |
| Headquarters | Portland, Oregon |
| Number of Locations | 1 |
| Revenue | $9.9M |
| Net Income | -$3,283,776 |
| Gross Proft | $5.1M (2022) |
| PE Ratio | -3.38 |
| Tax Rate | -0.0% |
| Market Capitalization | $11.1M |
| Total Assets | $22,839,296 |
| Ticker | SMIT |
Zippia gives an in-depth look into the details of Schmitt Industries, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Schmitt Industries. The employee data is based on information from people who have self-reported their past or current employments at Schmitt Industries. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Schmitt Industries. The data presented on this page does not represent the view of Schmitt Industries and its employees or that of Zippia.
Schmitt Industries may also be known as or be related to SCHMITT INDUSTRIES INC, Schmitt Industries, Schmitt Industries Inc and Schmitt Industries, Inc.