Smith Douglas Homes (SDHC) Operating Margin (2023 - 2026)

Smith Douglas Homes (SDHC) recorded quarterly Operating Margin of 2.2% in Q1 2026, down 63.62% quarter-over-quarter from 6.04% in Q4 2025, and down 694.0% on a YoY basis from 0.37% in Q1 2025.

Smith Douglas Homes (SDHC) Operating Margin (2023 - 2026) Analysis & Trends

Smith Douglas Homes' Operating Margin history runs 4 years deep, the most recent figure standing at 2.2% for Q1 2026.

  • In Q1 2026, Operating Margin fell 694.0% year-over-year to 2.2%; the TTM figure through Mar 2026 stood at 5.92% (down 573.0% YoY), while the FY2025 annual figure was 7.45%, down 476.0% from the prior year.
  • Operating Margin was 2.2% for Q1 2026 at Smith Douglas Homes, down from 6.04% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 17.27% in Q3 2023 to a low of 2.2% in Q1 2026.
  • Historically, Operating Margin has averaged 11.25% across 4 years, with a median of 11.58% in 2024.
  • Biggest YoY gain for Operating Margin was 245 bps in 2025; the steepest drop was 703 bps in 2025.
  • A 4-year view of Operating Margin shows it stood at 13.91% in 2023, then slipped by 24 bps to 10.59% in 2024, then slumped by 43 bps to 6.04% in 2025, then plunged by 64 bps to 2.2% in 2026.
  • The last three Operating Margin figures came in at 2.2% (Q1 2026), 6.04% (Q4 2025), and 7.21% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 19.65 Bn 19.45 Bn - 90.09%
2 Howard Hughes Holdings 3.99 Bn 2.22 Bn 182.88 Mn 21.48%
3 Century Communities 1.70 Bn 1.62 Bn 637.90 Mn 77.97%
4 Forestar 1.48 Bn 1.12 Bn 80.20 Mn 11.30%
5 Five Point Holdings 361.15 Mn 1.49 Bn 13.58 Mn -71.00%
6 Sky Harbour 317.31 Mn 324.50 Mn 7.09 Mn -74.43%
7 Belpointe PREP 180.46 Mn 161.50 Mn - -
8 Amrep 138.84 Mn 88.35 Mn 14.23 Mn 20.63%
9 Smith Douglas Homes 121.76 Mn 447.61 Mn 40.45 Mn 2.20%
10 JFB Construction Holdings 88.07 Mn 62.81 Mn 681,192.00 -12.68%

Historic Data

Download Data
DateValue
Mar 31, 2026 2.20%
Dec 31, 2025 6.04%
Sep 30, 2025 7.21%
Jun 30, 2025 7.70%
Mar 31, 2025 9.14%
Dec 31, 2024 10.59%
Sep 30, 2024 14.24%
Jun 30, 2024 12.33%
Mar 31, 2024 11.58%
Dec 31, 2023 13.91%
Sep 30, 2023 17.27%
Jun 30, 2023 16.95%
Mar 31, 2023 17.09%