Smith Douglas Homes Corp. (SDHC)
Consumer Discretionary · Single-family homebuilding · NYSE
Efficient, land-light homebuilder focused on entry-level and empty-nest buyers in high-growth Southeastern and Southern markets with fast construction cycles and strong gross margins.
What Smith Douglas Homes Corp. does
Smith Douglas Homes Corp. designs, constructs, and sells single-family homes across the Southeastern and Southern United States, targeting entry-level and empty-nest homebuyers. The company operates through a land-light business model using lot-option contracts, which reduces capital requirements and aligns lot delivery with home orders. It employs proprietary SMART Builder ERP software and the Rteam partnership process to achieve rapid construction cycles (approximately 57 business days) and strong gross margins. As of December 31, 2025, the company had ten geographic divisions organized into two reportable segments (Southeast and Central).
Themes: ["Single-family homebuilding"]
Fundamentals
- Price$15.43 as of 2026-07-10 close
- Market cap$784M as of 2026-07-13
- 1-year return-27.5% as of 2026-07-10 close
- P/E91.37 as of 2026-07-13
- Net margin+0.9% as of 2026-07-13
- Gross margin+20.9% as of 2026-07-13
- ROE+10.4% as of 2026-07-13
- Debt / equity0.83 as of 2026-07-13
- Revenue growth (YoY)-5.8% as of 2026-07-13
- Revenue CAGR (3y)+12.7% SEC XBRL
- Beta0.90 as of 2026-07-13
Key risks (from latest filing)
["Revenue declined 5.75% year-over-year with net margin of only 0.9%, indicating pricing pressure and margin compression in the current homebuilding environment."]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-13. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-10.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.