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Smith Douglas Homes SDHC Southeast — Cost of home closings

Other segment segments

Central
$70.72M+1.0%

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LGIHSoutheast — Cost of Sales
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$62.83M+6.4%
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HOVSoutheast — Cost of Goods Sold
$67.79M+1.3%
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DFHSoutheast — Selling, general and administrative expense
$33.34M-2.7%
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BZHSoutheast — Commissions
$2.54M+3.2%
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NVRSouth East — Cost of Product and Service Sold
$451.19M-0.9%

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 southeast — cost of home closings?
Smith Douglas Homes (SDHC) reported southeast — cost of home closings of $95.27M in Q1 2026.
How has Smith Douglas Homes's southeast — cost of home closings changed year-over-year?
Smith Douglas Homes's southeast — cost of home closings decreased by 5.8% year-over-year, from $101.14M to $95.27M.
What is the long-term trend for Smith Douglas Homes's southeast — cost of home closings?
Over 2 years (2023 to 2025), Smith Douglas Homes's southeast — cost of home closings has grown at a 15.0% compound annual growth rate (CAGR), from $349.49M to $462.34M.
What does southeast — 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 Southeast segment. Monitoring these costs is essential for evaluating construction efficiency and the impact of regional supply chain or labor market fluctuations on margins.