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Schmitt Industries's revenue is $9.9 million.

What is Schmitt Industries's revenue?

Schmitt Industries's annual revenue is $9.9M. Zippia's data science team found the following key financial metrics about Schmitt Industries after extensive research and analysis.
  • Schmitt Industries's revenue growth from 2000 to 2022 is 11.73%.
  • Schmitt Industries has 50 employees, and the revenue per employee ratio is $197,864.
  • Schmitt Industries's peak quarterly revenue was $4.3M in 2012(q4).
  • Schmitt Industries peak revenue was $14.4M in 2012.
  • Schmitt Industries annual revenue for 2021 was 5.6M, 33.66% growth from 2020.
  • Schmitt Industries annual revenue for 2022 was 9.9M, 76.65% growth from 2021.

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Most recent quarter revenue
$1.3M (Q4'2022)
Company most recent quarter revenue
Peak revenue
$14.4M (2012)
Company peak revenue
Revenue / employee
$197,864
Company revenue / employee

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Most recent quarter revenue
$1.3M (Q4'2022)
Company most recent quarter revenue
Peak revenue
$14.4M (2012)
Company peak revenue
Revenue / employee
$197,864
Company revenue / employee

Schmitt Industries historical revenue

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.

Schmitt Industries annual revenue

$14M
$12M
$9M
$6M
$3M
$0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022

Schmitt Industries annual revenue over time

Fiscal year / yearSchmitt 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?

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Schmitt Industries annual growth

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%.

Schmitt Industries annual growth rate over time

YearSchmitt 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%

Schmitt Industries quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$4M
$3M
$2M
$2M
$759,000
$0
2018
2019
2020
2021
2022

Schmitt Industries quarterly growth rate over time

YearQ1Q2Q3Q4
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

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Schmitt Industries financial information

CEOMichael R. Zapata
Company TypePublic
Employees Number50
Date Founded1984
HeadquartersPortland, Oregon
Number of Locations1
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
TickerSMIT

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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.