| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | 1 | — | — | — | — | — | 1 | — | — | — | — |
| Sell | — | — | — | — | — | 3 | — | 1 | — | — | 5 | — |
| total | individual payouts | |
|---|---|---|
| 2024 | 0.10 |
—
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | ‡‡‡ |
|
| 2017 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 6.07 | 1.55 | 22.55 | 10.20 |
| Receivables | 25.79 | 46.29 | 30.52 | 45.78 |
| Inventory | 26.82 | 25.04 | 31.08 | 31.64 |
| Other | — | — | — | — |
| 61.90 | 75.53 | 88.14 | 92.59 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 16.04 | 16.99 | 9.43 | 16.43 |
| ST’ Debt | 15.71 | 3.55 | 4.37 | 6.07 |
| Other | — | — | — | — |
| 54.47 | 43.21 | 49.94 | 54.86 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 93.11 | 115.05 | — | — |
—
|
| ’25 | 65.56 | 85.77 | 92.78 | 86.05 |
330.15
|
| ’24 | 83.05 | 73.80 | 63.16 | 91.36 |
311.37
|
| ’23 | 82.35 | 74.78 | 76.90 | 61.95 |
295.97
|
| ’22 | 41.61 | 68.71 | 71.59 | 73.83 |
255.74
|
| ’21 | 27.45 | 29.64 | 34.48 | 35.08 |
126.65
|
| ’20 | 47.49 | 26.11 | 23.41 | 25.34 |
122.34
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 3.04 | 3.41 | — | — |
—
|
| ’25 | 8.72 | (5.14) | 18.16 | 22.37 |
44.12
|
| ’24 | (3.86) | 14.88 | 5.81 | 1.04 |
17.86
|
| ’23 | 5.11 | 16.07 | 12.48 | (2.66) |
30.99
|
| ’22 | (8.66) | (2.29) | 10.78 | 5.59 |
5.42
|
| ’21 | 3.91 | 32.57 | 1.06 | (5.11) |
32.44
|
| ’20 | 12.06 | 13.78 | (3.62) | 3.32 |
25.54
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.84 | (1.35) | — | — |
—
|
| ’25 | 5.19 | (7.07) | 14.77 | 20.37 |
33.26
|
| ’24 | (5.51) | 13.53 | 3.75 | (0.83) |
10.94
|
| ’23 | 1.09 | 10.91 | 5.65 | (9.56) |
8.09
|
| ’22 | (12.43) | (3.66) | 7.38 | 2.47 |
(6.24)
|
| ’21 | 1.70 | 29.74 | (0.79) | (9.35) |
21.30
|
| ’20 | 7.88 | 11.54 | (4.59) | 2.15 |
16.98
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | (0.10) | 0.25 | — | — |
—
|
| ’25 | (0.62) | 0.54 | 0.08 | 0.03 |
0.03
|
| ’24 | (0.01) | (0.01) | 0.00 | 0.09 |
0.08
|
| ’23 | (0.09) | 0.17 | 0.18 | (0.12) |
0.12
|
| ’22 | (0.14) | 0.00 | 0.06 | 0.06 |
(0.02)
|
| ’21 | (0.09) | (0.65) | (0.17) | (0.29) |
(1.21)
|
| ’20 | 0.00 | 0.12 | 0.91 | (0.07) |
0.94
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 1.37 | 1.44 | 1.65 | 1.76 | — | — | — |
Low Price
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 4.95 | 2.65 | 2.80 | 4.51 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 328 | 378 | 285 | 318 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.78 | 0.78 | 1.09 | 1.04 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 255.74 | 295.97 | 311.37 | 330.15 | — | — | — |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.57% | 14.04% | 14.40% | 11.48% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (3.91) | (2.25) | 0.25 | (5.59) | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.53%) | (0.76%) | 0.08% | (1.69%) | — | — | — |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.70) | 4.65 | 2.99 | 1.35 | — | — | — |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 27.57 | 28.56 | 29.97 | 30.31 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.03 | 7.60 | 8.02 | 8.45 | — | — | — |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | (0.02) | 0.12 | 0.08 | 0.03 | — | — | — |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.13 | 0.80 | 0.46 | 1.13 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.27) | (0.59) | (0.18) | (0.28) | — | — | — |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.15) | 0.21 | 0.28 | 0.85 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.74 | 6.22 | 6.28 | 6.14 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 42.41 | 38.95 | 38.81 | 39.05 | — | — | — |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | 0.00 | 14.79 | 28.13 | 100.00 | — | — | — |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.29 | 0.27 | 0.28 | 0.47 | — | — | — |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.30 | 0.33 | 0.36 | 0.65 | — | — | — |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.33 | 0.32 | 0.32 | 0.44 | — | — | — |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (13.37) | 11.58 | 9.00 | 4.41 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.42 | 30.99 | 17.86 | 44.12 | — | — | — |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (11.66) | (22.90) | (6.92) | (10.85) | — | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (6.24) | 8.09 | 10.94 | 33.26 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 16.20 | 7.44 | 32.32 | 38.20 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 15.99 | 19.16 | 12.68 | 13.02 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 10.48 | 13.09 | 11.13 | (9.53) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 243.47 | 242.27 | 243.81 | 239.70 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.19%) | 1.32% | 0.87% | 0.39% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.77%) | (0.37%) | 0.74% | (1.21%) | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.29%) | 1.91% | 1.23% | 0.56% | — | — | — |
ROE
|
Smart Sand, Inc. (SND), a frac sand powerhouse fueling North America’s shale boom, rode 2024’s modest recovery to peak revenues of $311 million—up 5% from 2023—amid stabilizing E&P budgets and optimized operations, with revenue per employee surging 39% on a leaner workforce. Yet, razor-thin EPS of $0.08 highlights enduring margin squeezes from logistics costs and oversupply, capping profitability despite a decade of wild swings tied to oil prices, rig counts, and basin frenzies—from 2019 highs to COVID lows and back.
The company’s balance sheet gleams brighter with debt slashed 34%, ample working capital, and positive free cash flow rebuilding resilience, while insider buys—led by the CEO’s $193k stake-building spree—signal deep confidence amid multi-year price lows. Valuation screams bargain at sub-0.4x sales and book, but unanimous analyst targets imply 44% downside from recent levels, pitting market skepticism against SND’s integrated mining-to-delivery edge.
Looking ahead, a projected 2025 revenue dip to $299 million and EPS jump to $0.19 could unlock mid-teens ROE if WTI holds above $75 and rigs stay firm—but cyclical risks loom large. Is SND a coiled recovery spring or another bust victim? Dive into the full analysis for the data-driven narrative on its Permian pivot and insider edge.
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