Smith Douglas Homes (SDHC) Gross Margin (2023 - 2026)
Smith Douglas Homes (SDHC) recorded quarterly Gross Margin of 19.59% in Q1 2026, down 1.36% quarter-over-quarter from 19.86% in Q4 2025, and down 423.0% on a YoY basis from 6.07% in Q1 2025.
Smith Douglas Homes (SDHC) Gross Margin (2023 - 2026) Analysis & Trends
Smith Douglas Homes' Gross Margin history runs 4 years deep, the most recent figure standing at 19.59% for 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 was 19.59% for Q1 2026 at Smith Douglas Homes, down from 19.86% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 29.03% in Q2 2023 to a low of 19.59% in Q1 2026.
- Historically, Gross Margin has averaged 25.06% across 4 years, with a median of 26.14% in 2024.
- The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 118 bps in 2024, then sank 564 bps in 2025.
- A 4-year view of Gross Margin shows it stood at 26.69% in 2023, then fell by 4 bps to 25.51% in 2024, then retreated by 22 bps to 19.86% in 2025, then slipped by 1 bps to 19.59% in 2026.
- The last three Gross Margin figures came in at 19.59% (Q1 2026), 19.86% (Q4 2025), and 20.98% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vesta Real Estate Corporation, S.A.B. de C.V | 19.65 Bn | 19.45 Bn | - | - |
| 2 | Howard Hughes Holdings | 3.99 Bn | 2.22 Bn | 182.88 Mn | 77.52% |
| 3 | Century Communities | 1.70 Bn | 1.62 Bn | 637.90 Mn | 80.78% |
| 4 | Forestar | 1.48 Bn | 1.12 Bn | 80.20 Mn | 21.43% |
| 5 | Five Point Holdings | 361.15 Mn | 1.49 Bn | 13.58 Mn | 100.00% |
| 6 | Sky Harbour | 317.31 Mn | 324.50 Mn | 7.09 Mn | 87.97% |
| 7 | Belpointe PREP | 180.46 Mn | 161.50 Mn | - | - |
| 8 | Amrep | 138.84 Mn | 88.35 Mn | 14.23 Mn | 97.65% |
| 9 | Smith Douglas Homes | 121.76 Mn | 447.61 Mn | 40.45 Mn | 19.59% |
| 10 | JFB Construction Holdings | 88.07 Mn | 62.81 Mn | 681,192.00 | 4.27% |
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% |