Smith Douglas Homes (SDHC) Gross Margin (2023 - 2026)
Smith Douglas Homes (SDHC) posted Gross Margin of 17.55% for Q2 2026, down 5.64 percentage points from 23.19% a year earlier and down 2.04 percentage points from the prior quarter.
Smith Douglas Homes (SDHC) Gross Margin (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Smith Douglas Homes was 19.47%, down 5.43 percentage points year-over-year; for FY2025, it was 21.85%, down 4.35 percentage points from FY2024.
- In prior years, Smith Douglas Homes' Gross Margin was 26.20% in FY2024 (-2.09 pp) and 28.29% in FY2023.
- The Q2 2026 figure stands as the lowest quarterly Gross Margin in data going back to Q1 2023.
- On a year-over-year basis, Gross Margin has declined in each of the last ten quarters, with an average year-over-year change of -3.81 percentage points over the last eight quarters.
- Over the past five years, the year-over-year drop in Gross Margin ranged from 1.18 percentage points (Q4 2024) to 5.64 percentage points (Q2 2026).
- According to Business Quant data, Gross Margin for the three prior quarters was 19.59% (Q1 2026), 19.86% (Q4 2025) and 20.98% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 23.26% |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | 26.57% |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | 10.17% |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | 20.85% |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 23.52% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 20.95% |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | - |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | - |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | 18.28% |
| 10 | Smith Douglas Homes | 534.01 Mn | 817.80 Mn | 47.92 Mn | 17.55% |
Historic 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% |
Smith Douglas Homes Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SDHC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SDHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SDHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();