Smith Douglas Homes (SDHC) Operating Margin (2023 - 2026)
Smith Douglas Homes' Operating Margin was 2.20% in Q2 2026, down 5.50 percentage points from 7.70% a year earlier and unchanged from the prior quarter.
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Analysis
Smith Douglas Homes (SDHC) Operating Margin (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Smith Douglas Homes' Operating Margin was 4.51% through Jun 30, 2026, down 6.12 percentage points year-over-year; for FY2025, it came in at 7.45%, down 4.76 percentage points from FY2024.
- In earlier years, Operating Margin was 12.22% in FY2024 (-3.99 pp) and 16.20% in FY2023.
- Quarterly Operating Margin has moved between 2.20% (Q1 2026) and 17.27% (Q3 2023) over five years.
- Compared with a year earlier, Operating Margin has declined for ten straight quarters, with an average year-over-year change of -4.68 percentage points over the last eight quarters.
- The year-over-year drop in Operating Margin has ranged between 2.45 percentage points (Q1 2025) and 7.03 percentage points (Q3 2025) over the last five years.
- Per Business Quant data, SDHC's Operating Margin in the three quarters before Q2 2026 was 2.20% (Q1 2026), 6.04% (Q4 2025) and 7.21% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 12.52% |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | 16.95% |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | -84.82% |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | 14.38% |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 13.51% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 16.70% |
| 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 | 16.42% |
| 10 | Smith Douglas Homes | 534.01 Mn | 817.80 Mn | 47.92 Mn | 2.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.20% |
| 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% |
API Access
Smith Douglas Homes Operating 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=operating-margin&ticker=SDHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=SDHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();