Smith Douglas Homes (SDHC) Gross Margin (2023 - 2026)
Smith Douglas Homes (SDHC) posted quarterly Gross Margin of 19.59% for Q1 2026, down 423.0% year-over-year from 6.07% in Q1 2025, and down 1.36% quarter-over-quarter from 19.86% in Q4 2025.
Smith Douglas Homes (SDHC) Gross Margin (2023 - 2026) Analysis & Trends
Smith Douglas Homes (SDHC) has reported Gross Margin for 4 consecutive years, with 19.59% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 423.0% year-over-year to 19.59%; the TTM figure through Mar 2026 stood at 20.89% (down 478.0% YoY), while the FY2025 annual figure was 21.85%, down 435.0% from the prior year.
- Gross Margin slipped to 19.59% in Q1 2026 per SDHC's latest filing, from 19.86% in the prior quarter.
- Across five years, Gross Margin topped out at 29.03% in Q2 2023 and bottomed at 19.59% in Q1 2026.
- Historically, Gross Margin has averaged 25.06% across 4 years, with a median of 26.14% in 2024.
- Annual changes were most pronounced in 2024 — Gross Margin sank 118 bps — and 2025, when it plunged 564 bps.
- Smith Douglas Homes' Gross Margin stood at 26.69% in 2023, then declined by 4 bps to 25.51% in 2024, then fell by 22 bps to 19.86% in 2025, then decreased by 1 bps to 19.59% in 2026.
- Business Quant data shows SDHC's Gross Margin at 19.59% in Q1 2026, 19.86% in Q4 2025, and 20.98% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Howard Hughes Holdings | 4.02 Bn | 4.02 Bn | 1.07 Bn | 95.08% |
| 2 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.92 Bn | 2.92 Bn | - | - |
| 3 | Century Communities | 1.99 Bn | 1.90 Bn | 190.18 Mn | 20.51% |
| 4 | Forestar | 1.48 Bn | 1.09 Bn | 84.10 Mn | 20.66% |
| 5 | Five Point Holdings | 389.61 Mn | 40.24 Mn | -23.72 Mn | -170.62% |
| 6 | Belpointe PREP | 186.28 Mn | 186.28 Mn | - | - |
| 7 | Amrep | 124.06 Mn | 71.37 Mn | 4.41 Mn | 40.02% |
| 8 | Logistic Properties of the Americas | 105.87 Mn | 105.87 Mn | - | - |
| 9 | Smith Douglas Homes | 104.84 Mn | 90.64 Mn | 47.92 Mn | 17.55% |
| 10 | JFB Construction Holdings | 76.12 Mn | 68.15 Mn | 1.33 Mn | 19.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.55% |
| Mar 31, 2026 | 19.59% |
| Dec 31, 2025 | 19.86% |
| Sep 30, 2025 | 20.98% |
| Jun 30, 2025 | 23.19% |
| Mar 31, 2025 | 23.82% |
| Dec 31, 2024 | 25.51% |
| Sep 30, 2024 | 26.52% |
| Jun 30, 2024 | 26.73% |
| Mar 31, 2024 | 26.14% |
| Dec 31, 2023 | 26.69% |
| Sep 30, 2023 | 28.89% |
| Jun 30, 2023 | 29.03% |
| Mar 31, 2023 | 28.86% |