analyzeportfolio
NYSE · Consumer Discretionary

Smith Douglas Homes Corp. (SDHC)

As-reported financials and SEC filings for Smith Douglas Homes Corp. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Smith Douglas Homes Corp.

Smith Douglas Homes Corp. designs, constructs, and sells single-family homes primarily in high-growth markets in the Southeastern and Southern United States. The company targets entry-level and empty-nest homebuyers, offering personalized home buying experiences with affordable price points. It operates using a land-light business model by acquiring finished lots through lot-option contracts and manages construction through an integrated ERP system to enhance efficiency and reduce costs.

Snapshot

Revenue
$971.1M
Revenue growth (YoY)
-0.4%
Net income
$10.7M
Diluted EPS
$1.19
Gross margin
21.8%
Operating margin
—
Net margin
1.1%
FCF margin
-3.8%
ROE
2.4%
net income / fiscal-year-end equity
P/E
14.0×
trailing when available, otherwise FY EPS
Market cap
$84.6M
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Smith Douglas Homes

  • Revenue fell 0.4% to $971M in FY2025, slower than the 27.6% the year before.
  • Most recent quarter Q2 FY2026: revenue $273M, up 21.9% from Q2 FY2025.
  • Free cash flow was negative $37M in FY2025.
  • Net income fell 33.5% to $11M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Smith Douglas Homes’s fundamentals sit among the 410 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin21.8%
26th percentile of 277
Net margin1.1%
39th percentile of 384
FCF margin-3.8%
13th percentile of 358
Revenue growth (YoY)-0.4%
35th percentile of 401
ROE2.4%
38th percentile of 349
P/E14.0×
34th percentile of 245
Short interest22.54d
99th percentile of 408

Smith Douglas Homes’s FCF margin of -3.8% ranks in the 13th percentile of the 358 Consumer Discretionary companies reporting it.

5 reported insider purchases (code P) totaling $248,239 in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 3 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+3 quant / multi-strat
Initiated / added
4
1 new, 3 added
Reduced / exited
1
1 trimmed, 0 exited
Combined position
$9.6M
reported long value
InvestorAs ofPosition valueSharesChange
First Eagle Investment ManagementQ2 2026$6.3M404.3KAdded
D. E. ShawquantQ2 2026$2.2M143.0KAdded
Ruane Cunniff (Sequoia)Q2 2026$423,85427.3KAdded
Citadel AdvisorsquantQ2 2026$394,93325.4KReduced
Millennium ManagementquantQ2 2026$258,74116.6KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4. Multiple insiders have bought recently (a cluster buy).

Buys (90d)
5
3 insiders
Bought (90d)
$248K
code P value
Sells (90d)
0
—
Reported activity
Cluster buy
≥2 insiders buying
Trade dateInsiderTypeSharesPriceValue
2026-09-10
filed 2026-09-14
Thomas L. BradburyDirectorBuy19.4K$10.31$200K
2026-09-02
filed 2026-09-03
Gregory S. BennettSee RemarksBuy1.0K$11.50$12K
2026-09-01
filed 2026-09-03
Gregory S. BennettSee RemarksBuy1.0K$12.20$12K
2026-08-25
filed 2026-08-26
Russell DevendorfSee RemarksBuy1.0K$12.34$12K
2026-08-20
filed 2026-08-24
Russell DevendorfSee RemarksBuy1.0K$12.68$13K
2026-05-20
filed 2026-05-22
Russell DevendorfSee RemarksBuy2.0K$10.88$22K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
981.2K
settled 2026-09-30
Change vs prior
+1.0%
vs previous settlement
Days to cover
22.54
at avg daily volume
Avg daily volume
43.5K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-30981.2K+1.0%22.54
2026-09-15971.8K-2.7%16.72
2026-08-31999.1K+0.3%15.49
2026-08-14996.2K-0.8%28.34
2026-07-311.0M-0.9%23.95
2026-07-151.0M+5.1%13.75
2026-06-30964.0K-2.7%10.12
2026-06-15990.6K+1.2%12.52

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023
Revenue$971.1M$975.5M$764.6M
Gross profit
Operating income———
Net income$10.7M$16.1M$123.2M
Diluted EPS$1.19$1.81—

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023
Cash and equivalents$12.7M$22.4M$19.8M
Current assets———
Total assets$557.6M$475.9M$352.7M
Current liabilities———
Long-term debt———
Total liabilities$113.5M$74.2M$143.8M
Total equity$444.1M$401.7M$208.9M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023
Operating cash flow$-31.3M$19.1M$76.3M
Capital expenditure$5.5M$3.9M$1.3M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$273.0M21.9%$246,000$0.03
Q1 FY2026$206.4M-8.1%$565,000$0.06
Q4 FY2025-9.4%
Q3 FY2025$262.0M-5.7%$2.1M$0.24
Q2 FY2025$223.9M1.4%$2.4M$0.26
Q1 FY2025$224.7M18.8%$2.7M$0.30
Q4 FY202432.3%—
Q3 FY2024$277.8M40.6%$5.3M$0.58

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorConsumer Discretionary
SIC industryOperative Builders
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2023
SEC CIK1982518

Selected SEC filings

10-K2026-03-12
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-06-10
View on EDGAR →
8-K2026-04-29
View on EDGAR →
8-K2026-03-11
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

Monitor SDHC

Get an alert when Smith Douglas Homes files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor SDHC free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.