Smith Douglas Homes (SDHC) Gross Margin (2023 - 2026)
Smith Douglas Homes' (SDHC) quarterly Gross Margin came in at 19.59% in Q1 2026, down 423.0% year-on-year from 6.07% in Q1 2025, and down 1.36% on a QoQ basis from 19.86% in Q4 2025.
Smith Douglas Homes (SDHC) Gross Margin (2023 - 2026) Analysis & Trends
Smith Douglas Homes (SDHC) has 4 years of Gross Margin data on file, last reported at 19.59% in Q1 2026.
- On a quarterly basis, Gross Margin fell 423.0% year-over-year to 19.59% in Q1 2026; TTM through Mar 2026 was 20.89%, a 478.0% decrease from a year earlier, with the FY2025 full-year figure at 21.85%, down 435.0% from the prior year.
- Gross Margin for Q1 2026 stood at 19.59%, down from 19.86% in the prior quarter.
- Over the last five years, Gross Margin for SDHC reached as high as 29.03% in Q2 2023 and fell as low as 19.59% in Q1 2026.
- Historically, Gross Margin has averaged 25.06% across 4 years, with a median of 26.14% in 2024.
- Across the five-year window, Gross Margin tumbled 118 bps in 2024 and slumped 564 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 26.69% in 2023, then retreated by 4 bps to 25.51% in 2024, then decreased by 22 bps to 19.86% in 2025, then dropped by 1 bps to 19.59% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 19.59% in Q1 2026, 19.86% in Q4 2025, and 20.98% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 29.69 Bn | 29.69 Bn | - | - |
| 2 | Howard Hughes Holdings | 3.89 Bn | 3.89 Bn | 182.88 Mn | 77.52% |
| 3 | Century Communities | 2.07 Bn | 1.97 Bn | 190.18 Mn | 20.51% |
| 4 | Forestar | 1.51 Bn | 1.12 Bn | 84.10 Mn | 20.66% |
| 5 | Five Point Holdings | 413.96 Mn | 64.59 Mn | -23.72 Mn | -170.62% |
| 6 | Belpointe PREP | 178.93 Mn | 178.93 Mn | - | - |
| 7 | Smith Douglas Homes | 139.69 Mn | 111.70 Mn | 40.45 Mn | 19.59% |
| 8 | Amrep | 122.05 Mn | 69.36 Mn | 4.41 Mn | 40.02% |
| 9 | Logistic Properties of the Americas | 93.27 Mn | 93.27 Mn | - | - |
| 10 | Kaanapali Land | 55.35 Mn | 18.66 Mn | 10.32 Mn | 50.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |