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MARKETS / NYSE / SDHC
NYSE · OPERATIVE BUILDERS · MID CAP

Smith Douglas Homes Corp. SDHC

3 fiscal years on record · USD · FY2025 reported · SEC filings only
$971.1M
▼ 0.4% YoY
$10.7M
▼ 33.5% YoY
$-36.9M
▼ 341.8% YoY
In brief

What this company does

Smith Douglas Homes Corp. is engaged in the design, construction, and sale of single-family homes in the Southeastern and Southern United States. As of December 31, 2025, it had 100 active communities, up from 78 active communities as of December 31, 2024. As of December 31, 2025, it employed 510 full-time employees and 18 part-time employees in the United States. Its operations are organized into ten geographical divisions that comprise two reportable segments. Its Southeast segment consists of the Atlanta, Central Georgia, Charlotte, Greenville, and Raleigh divisions. Its Central segment consists of the Alabama, Dallas-Fort Worth, Houston, Nashville, and Alabama Gulf Coast divisions. In 2008, its founder, Tom Bradbury, created Smith Douglas Homes in Atlanta, Georgia.

Written from the business description in Smith Douglas Homes Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 12 March 2026. Every sentence was checked against that document before publication.

Growth
USD 971.1M
Revenue, FY2025 · full 3-year series below
Revenue $M Net income $M
FY2025 · Revenue 971.1 · Net income 10.7
400M800M202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
7 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 7.3% · Net 7.0%
5%10%15%202320242025
ROE
FY2025 · ROE 13.3%
10%20%202320242025

Each USD of equity produced 13 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -36.9
25.0M50.0M-20.0M202320242025

Total assetsUSD 557.6M
EquityUSD 86.7M
CashUSD 12.7M
Gross debtUSD 44.1M
Net debtUSD 31.3M

Net debt stands at 36% of equity.

The 3-year record
3 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023
Revenue $B1.01.00.8
Operating income $B0.10.10.1
EBITDA $B0.10.10.1
Income tax $B0.00.00.0
Net income $B0.00.00.1
Free cash flow $B−0.00.00.1
EPS, diluted $1.191.81·
Dividend / sh $···
Payout %···
ROE %13.321.8·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 11 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 65 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityOperative Builders
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company, smaller reporting company
Data on record since2023

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