Operative Builders · SIC 1531

Smith Douglas Homes Corp.

SDHC

Watch

Latest revenue

$206.4M

as of 2026-03-31

Latest net income

$565.0K

as of 2026-03-31

Net margin

0.3%

as of 2026-03-31

Price · 5Y

-26.2% / yr 40.0 pts / yr vs S&P 500 51.1% total
Compare:

Live market

delayed ≤15 min
$11.69
0.52%
Market cap
Enterprise value
P/E (trailing)
Forward P/E
P/B
Dividend yield
0.0%
52-wk high
$23.50
52-wk low
$10.72
Beta
Shares out

5-year trend

dashed bar = fiscal Q4 derived from 10-K annual − Q1 − Q2 − Q3 (SEC requires only three 10-Qs per year).

What this company does

AI

Item 1. Business. Our Company We are engaged in the design, construction, and sale of single-family homes in some of the highest growth and most desirable markets in the Southeastern and Southern United States. We employ an efficient land-light, production focused, and conservatively leveraged business model, which we believe results in a compelling combination of strong home closing gross margins, construction cycle times, and returns. Our communities are primarily targeted to entry-level and empty-nest homebuyers. We offer our homebuyers an attractive value proposition by providing a personalized home buying experience at affordable price points. With the goal of becoming one of the most…

AI summary unavailable — showing raw filing excerpt

Generated from SDHC's filing dated 2026-03-12

Key risks

AI

Table of contents Item 1A. Risk Factors. An investment in our Class A common stock involves a high degree of risk. Before making an investment decision, you should carefully consider the risks and uncertainties set forth below, together with the financial and other information included elsewhere in this Annual Report on Form 10-K. If any of the risks discussed in this Annual Report on Form 10-K occur, our business, prospects, liquidity, financial condition, and results of operations could be materially impaired, in which case the trading price of our Class A common stock could decline significantly, and you could lose all or part of your investment. Some statements in this Annual Report on…

AI summary unavailable — showing raw filing excerpt

Generated from SDHC's filing dated 2026-03-12

Profitability

Gross margin

21.8%

16.6%

Net margin

1.1%

33.2%

Return on equity

12.3%

43.5%

Return on assets

1.9%

43.2%

Leverage

Debt / equity

5.43×

0.6%

Long-term debt / equity

0.51×

1122.9%

Debt / assets

84.4%

0.1%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$206.4M-8.1%$565.0K-78.9%0.3%

Q4 2025

2025-12-31

$260.4M-9.4%$3.5M-14.3%1.4%

Q3 2025

2025-09-30

$262.0M-5.7%$2.1M-60.2%0.8%

Q2 2025

2025-06-30

$223.9M+1.4%$2.4M-35.1%1.1%

Q1 2025

2025-03-31

$224.7M+18.8%$2.7M-9.7%1.2%

Q4 2024

2024-12-31

$287.5M$4.1M1.4%

Q3 2024

2024-09-30

$277.8M+40.6%$5.3M1.9%

Q2 2024

2024-06-30

$220.9M+21.7%$3.6M1.7%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Operative Builders · SIC 1531

No data yet for industry average

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Insider activity

Insider buying

$1.0M

Insider selling

$0

Net activity

+$1.0M

Distinct insiders

4

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-20

Russell Devendorf

Executive Vice President & Chief Financial Officer

Purchase2,000$10.88$21.8K
2026-03-13

Neil B Wedewer

Director

Purchase700$11.38$8.0K
2026-03-13

Russell Devendorf

Executive Vice President & Chief Financial Officer

Purchase1,000$11.56$11.6K
2026-03-13

Thomas L Bradbury

Director

Purchase22,618$11.36$256.9K
2026-03-13

George Ervin Perdue III

Director

Purchase20,300$12.27$249.0K
2025-06-13

George Ervin Perdue III

Director

Purchase1,400$18.25$25.6K
2025-06-12

George Ervin Perdue III

Director

Purchase500$19.40$9.7K
2025-06-11

George Ervin Perdue III

Director

Purchase3,500$19.74$69.1K
2025-06-10

George Ervin Perdue III

Director

Purchase1,684$20.17$34.0K
2025-06-04

George Ervin Perdue III

Director

Purchase2,412$18.83$45.4K
2025-06-03

George Ervin Perdue III

Director

Purchase10,000$19.09$190.9K
2025-06-02

George Ervin Perdue III

Director

Purchase6,840$18.34$125.5K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns SDHC

Institutional value

$40.8M

Total shares held

3.2M

Distinct holders

29

-17 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BECK MACK & OLIVER LLC850.6K$10.9M+34.1K (+4.2%)Added
2WASATCH ADVISORS LP586.8K$7.5M-663.1K (-53.1%)Trimmed
3VANGUARD CAPITAL MANAGEMENT LLC396.8K$5.1MNew
4First Eagle Investment Management, LLC384.8K$4.9M+6.0K (+1.6%)Added
5FEDERATED HERMES, INC.258.9K$3.3M-268.4K (-50.9%)Trimmed
6BlackRock, Inc.159.6K$2.0M+1.3K (+0.8%)Added
7WELLS FARGO & COMPANY/MN125.4K$1.6M-3.2K (-2.5%)Trimmed
8JANE STREET GROUP, LLC82.2K$1.1MNew
9VANGUARD FIDUCIARY TRUST CO53.7K$687.1KNew
10SEI INVESTMENTS CO53.1K$679.3K-11.9K (-18.3%)Trimmed
11UBS Group AG48.3K$617.8K-778 (-1.6%)Trimmed
12JPMORGAN CHASE & CO31.6K$384.1KNew
13Quent Capital, LLC30.0K$384.0K+7.0K (+30.4%)Added
14ENVESTNET ASSET MANAGEMENT INC29.1K$371.9K+254 (+0.9%)Added
15DIMENSIONAL FUND ADVISORS LP25.3K$323.8KNew
16Daiwa Securities Group Inc.24.3K$310.6K-2.4K (-9.0%)Trimmed
17STIFEL FINANCIAL CORP15.7K$201.5K+2.6K (+19.6%)Added
18AXQ CAPITAL, LP15.4K$197.6KNew
19HSBC HOLDINGS PLC13.3K$167.6KNew
20BNP PARIBAS FINANCIAL MARKETS3.9K$50.4K-3.1K (-44.1%)Trimmed

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once SDHC's latest filing finishes processing.