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Smith Douglas Homes SDHC Central — Cost of home closings

Other segment segments

Southeast
$95.27M-5.8%

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TMHCCentral — Sales, commissions and other marketing costs
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KNFCentral — Selling, general and administrative expenses
$23.27M+26.0%
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KNFCentral — Cost of revenue excluding depreciation, depletion and amortization
$104.78M+42.3%

Other financials

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

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Market cap$132.8M-19.5%
Enterprise value$106.71M-29.1%
P/E15.5×+4.1×
P/S0.1×0.0×

Profitability

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Gross margin20.9%-4.8pp
Net margin0.9%-0.7pp
FCF margin-3.9%-7.3pp

Returns & leverage

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

Where this comes from

Reported directly by Smith Douglas Homes in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The official record: Smith Douglas Homes’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Smith Douglas Homes's central — cost of home closings?
Smith Douglas Homes (SDHC) reported central — cost of home closings of $70.72M in Q1 2026.
How has Smith Douglas Homes's central — cost of home closings changed year-over-year?
Smith Douglas Homes's central — cost of home closings increased by 1.0% year-over-year, from $70.05M to $70.72M.
What is the long-term trend for Smith Douglas Homes's central — cost of home closings?
Over 2 years (2023 to 2025), Smith Douglas Homes's central — cost of home closings has grown at a 22.1% compound annual growth rate (CAGR), from $198.82M to $296.6M.
What does central — cost of home closings mean?
This metric captures the direct costs associated with the construction and sale of homes, including land acquisition, labor, materials, and direct overhead for the Central segment. Monitoring this figure is essential for evaluating construction efficiency and the impact of input cost inflation on regional margins.