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
DateValue
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%