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Smith Douglas Homes

SDHC

Smith Douglas Homes is a residential homebuilder specializing in the design, construction, and sale of single-family homes across the Southeastern and Southern United States.

Market cap
$124.54M-28.8%
Revenue$952.8M-5.8%
Net income$8.6M-45.7%
Free cash flow-$62.4M-298%
EPS (diluted)$0.97-45.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$258.1M
EPS estimate$0.12

Financials

Q1 2026

Income statement

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Revenue$206.4M-8.1%
Gross profit$40.5M-24.4%
Net income$565.0K-78.9%
EPS (diluted)$0.06-80.0%

Balance sheet

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Cash & equivalents$28.0M+121%
Total debt$1.9M-39.3%
Total equity$82.1M+6.8%
Total assets$600.2M+16.8%

Cash flow

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Operating cash flow$338.0K+101%
CapEx$540.0K-47.8%
Free cash flow-$202.0K+99.4%

Valuation & ratios

Valuation

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Market cap$124.54M-28.8%
Enterprise value$98.44M-42.4%
P/E14.5×+1.7×
P/S0.1×-0.1×

Profitability

See full
Gross margin20.9%-4.8pp
Net margin0.9%-0.7pp

Returns & leverage

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Return on equity10.8%-12.3pp
Debt / equity0.0×

Segments

By segment

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Southeast$121.1M-12.4%
Central$85.4M-1.3%

Competitors

Profile

Smith Douglas Homes is a residential homebuilder specializing in the design, construction, and sale of single-family homes across the Southeastern and Southern United States. The company utilizes a land-light, production-focused business model that prioritizes high inventory turnover and rapid construction cycle times. Their core value proposition centers on providing personalized, affordable luxury homes primarily for entry-level and empty-nest buyers.

Competitive position

A high-efficiency production builder focused on rapid cycle times and high inventory turnover relative to traditional land-heavy builders.

GeographiesUnited States, Southeastern US, Southern US
Customer segmentsEntry-level consumers, Retirees, Budget-conscious homeowners
Business modelLand-light homebuilding, Asset-light development, Direct-to-consumer sales
SuppliersLand developers, Land bankers, Building material suppliers, Trade contractors, ERP software licensors
CustomersIndividual homebuyers, FHA loan recipients
Listed2024
Employees378.0
CEOGregory S. Bennett
FilingsSEC EDGAR

Questions, answered.

What is Smith Douglas Homes's market cap?
Smith Douglas Homes (SDHC) has a market capitalization of $124.5M and trades on NYSE.
What is Smith Douglas Homes's revenue and profitability?
Smith Douglas Homes generated $952.8M in trailing twelve-month revenue with net income of $8.6M, representing a net margin of 0.9%. Gross margin stands at 20.9%, with free cash flow of -$62.4M. These figures are based on the Q1 2026 filing.
Who are Smith Douglas Homes's competitors?
Smith Douglas Homes's key competitors include PulteGroup, D.R. Horton, Lennar Corporation, and others. These companies compete in similar markets and product categories.
What subsidiaries does Smith Douglas Homes have?
Smith Douglas Homes's subsidiaries include Devon Street Homes.
Where is Smith Douglas Homes headquartered?
Smith Douglas Homes is headquartered in United States of America and employs approximately 378 people. It has been publicly traded since 2024.