8-K Announcements
6Material company update
Apr 29, 2026·SEC
Material company update
Mar 11, 2026·SEC
Material company update
Nov 5, 2025·SEC
Smith Douglas Homes Corp.(SDHC)Earnings, Financials & Key Ratios
SDHC•NYSE•REIT / Real Estate
$15.51
13.4× P/E·Price updated Jul 2, 2026
AboutSmith Douglas Homes Corp. engages in the design, construction, and sale of single-family homes in the southeastern United States. The company operates in metropolitan Atlanta, Birmingham, Charlotte, Huntsville, Nashville, Raleigh-Durham, and Houston. It also provides closing, escrow, and title insurance services. The company was founded in 2008 and is headquartered in Woodstock, Georgia.Show more
- Revenue$971M-0.4%
- FFO$13M-26.0%
- FFO/Share1.44-28.9%
- FFO Payout214.47%-3.9%
- FFO per Share1.44-28.9%
- NOI Margin21.85%-16.6%
- FFO Margin1.36%-25.7%
- ROE2.53%-52.0%
- ROA2.07%-46.6%
SDHC Price & Volume
Smith Douglas Homes Corp. (SDHC) stock price & volume — 10-year historical chart
Loading chart...
Margin Compression Challenges Smith Douglas Growth Trajectory
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Decelerating
Profitability:Strained
Financial:Healthy
Cash Flow:Deteriorating
Primary Risk:High interest rate sensitivity
Key Thesis Takeaways
- Smith Douglas Homes faces significant headwinds as revenue growth decelerated to -8.1% in 2026Q1, reflecting a broader cooling in homebuilding delivery volumes.
- The company's asset-light model is currently under pressure, with NOI margins contracting from a 26.7% peak in 2024Q2 to 19.6% in 2026Q1, signaling potential inefficiencies in managing rising construction costs.
- Investors should remain cautious given the extreme volatility in FFO, which plummeted from $30.0 million in 2023Q4 to $1.4 million in 2026Q1, raising concerns regarding the sustainability of shareholder distributions.
Verdict Logic
the company's inability to maintain consistent cash generation, highlighted by an FFO decline of 55.1% in 2026Q1, suggests that the current 21.1% dividend yield may be unsustainable.
SDHC Growth Metrics
Smith Douglas Homes Corp. (SDHC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years8.74%
TTM-5.75%
Profit CAGR
10 Years-
5 Years-
3 Years-57.61%
TTM-45.66%
EPS CAGR
10 Years-
5 Years-
3 Years-28.85%
TTM-33.62%
Return on Capital
10 Years48.48%
5 Years48.48%
3 Years31.77%
Last Year14.72%
SDHC Recent Earnings
Smith Douglas Homes Corp. (SDHC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (45%)●Beat Revenue 8/12 qtrs (73%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$0.04-180.0%
$0.05
Rev
$206M+2.9%
$201M
Q2 2026
Mar 11, 2026Metric
Actual
Est
EPS
$0.08-166.7%
$0.12
Rev
$260M+3.7%
$251M
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$0.12-145.9%
$0.26
Rev
$262M+4.2%
$251M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.13-152.0%
$0.25
Rev
$224M-11.1%
$252M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $0.04vs $0.05-180.0% | $206Mvs $201M+2.9% |
| Q2 2026 | Mar 11, 2026 | $0.08vs $0.12-166.7% | $260Mvs $251M+3.7% |
| Q4 2025 | Nov 5, 2025 | $0.12vs $0.26-145.9% | $262Mvs $251M+4.2% |
| Q3 2025 | Aug 6, 2025 | $0.13vs $0.25-152.0% | $224Mvs $252M-11.1% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Smith Douglas Homes Corp. (SDHC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $15.51 | $129.57M | 13.37 | -0.45% | 1.1% | 2.53% | 19.88% | |
| $84.88 | $4.66B | 23.25 | 7.26% | 7.77% | 13.1% | — | |
| $60.82 | $1.41B | 19.49 | -22.57% | 4.22% | 3.39% | — | |
| $601.89 | $4.62B | 25.10 | 11.36% | 8.49% | 17.55% | — | |
| $78.66 | $3.39B | 11.13 | -2.81% | 14.9% | 15.76% | — | |
| $71.73 | $6.7B | 9.23 | -0.57% | 8.83% | 10.84% | — |
Compare SDHC vs Peers
Smith Douglas Homes Corp. (SDHC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SDHC SEC Filings & Documents
Smith Douglas Homes Corp. (SDHC) SEC filings — annual & quarterly reports (10-K, 10-Q)
Get notified when SDHC posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
SDHC Frequently Asked Questions
Smith Douglas Homes Corp. (SDHC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Smith Douglas Homes Corp.'s revenue?
Smith Douglas Homes Corp. (SDHC) reported $952.8M in revenue for fiscal year 2025. This represents a 84% increase from $518.9M in 2021.
How fast is Smith Douglas Homes Corp. growing?
Smith Douglas Homes Corp. (SDHC) saw revenue decline by 0.4% over the past year.
Is SDHC profitable?
Yes, Smith Douglas Homes Corp. (SDHC) is profitable, generating $8.6M in net income for fiscal year 2025 (1.1% net margin).
Dividend & Returns
Does SDHC pay dividends?
Yes, Smith Douglas Homes Corp. (SDHC) pays a dividend with a yield of 19.88%. This makes it attractive for income-focused investors.
What is SDHC's return on equity?
Smith Douglas Homes Corp. (SDHC) has a return on equity (ROE) of 2.5%. This is below average, suggesting room for improvement.
Industry Metrics
What is Smith Douglas Homes Corp.'s FFO?
Smith Douglas Homes Corp. (SDHC) generated Funds From Operations (FFO) of $11.5M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Is SDHC a good dividend stock?
Smith Douglas Homes Corp. (SDHC) offers a 19.88% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.