SDHC: Smith Douglas Homes Corp Financial Statements

Balance sheet, income statement, and cash flow statements for Smith Douglas Homes Corp (SDHC).

OverviewDividends

$1.31B Market Cap.

As of 05/14/2025 5:00 PM ET (MRY) • Disclaimer

SDHC Market Cap. (MRY)


SDHC Shares Outstanding (MRY)


SDHC Assets (MRY)


Total Assets

$475.90M

Total Liabilities

$74.17M

Total Investments

$0

SDHC Income (MRY)


Revenue

$975.46M

Net Income

$16.07M

Operating Expense

$136.38M

SDHC Cash Flow (MRY)


CF Operations

$19.13M

CF Investing

-$4.71M

CF Financing

-$6.99M

SDHC Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$475,901,000 (34.93%)

$352,692,000 (57.89%)

$223,372,000 (11.03%)

$201,188,000

Assets Current

-

-

-

-

Assets Non-Current

-

-

-

-

Goodwill & Intangible Assets

$25,726,000 (0.00%)

$25,726,000 (0%)

$0 (0%)

$0

Shareholders Equity

$73,632,000 (0%)

$0 (0%)

$164,511,000 (72.23%)

$95,516,000

Property Plant & Equipment Net

$3,775,000 (144.65%)

$1,543,000 (18.15%)

$1,306,000 (10.03%)

$1,187,000

Cash & Equivalents

$22,363,000 (13.08%)

$19,777,000 (-33.19%)

$29,601,000 (16.82%)

$25,340,000

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0

Total Investments

$0 (0%)

$0 (0%)

$0 (0%)

$2,310,000

Investments Current

-

-

-

-

Investments Non-Current

-

-

-

-

Inventory

$277,834,000 (30.37%)

$213,104,000 (50.00%)

$142,065,000 (2.26%)

$138,931,000

Trade & Non-Trade Receivables

$0 (0%)

$0 (0%)

$0 (0%)

$0

Trade & Non-Trade Payables

$17,234,000 (-0.49%)

$17,318,000 (58.37%)

$10,935,000 (23.95%)

$8,822,000

Accumulated Retained Earnings (Deficit)

$15,419,000 (0%)

$0

-

-

Tax Assets

$10,906,000 (0%)

$0 (0%)

$0 (0%)

$0

Tax Liabilities

$10,401,000 (0%)

$0 (0%)

$0 (0%)

$0

Total Debt

$3,060,000 (-95.95%)

$75,627,000 (404.18%)

$15,000,000 (-79.17%)

$72,000,000

Debt Current

-

-

-

-

Debt Non-Current

-

-

-

-

Total Liabilities

$74,174,000 (-48.41%)

$143,789,000 (144.29%)

$58,861,000 (-44.30%)

$105,672,000

Liabilities Current

-

-

-

-

Liabilities Non-Current

-

-

-

-

SDHC Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$975,463,000 (27.57%)

$764,631,000 (1.23%)

$755,353,000 (45.58%)

$518,863,000

Cost of Revenue

$719,921,000 (31.30%)

$548,304,000 (2.95%)

$532,599,000 (34.52%)

$395,917,000

Selling General & Administrative Expense

$136,382,000 (47.53%)

$92,442,000 (11.37%)

$83,006,000 (29.23%)

$64,231,000

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0

Operating Expenses

$136,382,000 (47.53%)

$92,442,000 (11.37%)

$83,006,000 (29.23%)

$64,231,000

Interest Expense

$2,489,000 (50.12%)

$1,658,000 (66.30%)

$997,000 (-42.47%)

$1,733,000

Income Tax Expense

$5,065,000 (0%)

$0 (0%)

$0 (0%)

$0

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0

Consolidated Income

$111,829,000 (-9.21%)

$123,180,000 (-12.29%)

$140,444,000 (124.60%)

$62,530,000

Net Income to Non-Controlling Interests

$95,759,000 (0%)

$0 (0%)

$0 (0%)

$0

Net Income

$16,070,000 (-86.95%)

$123,180,000 (-12.29%)

$140,444,000 (124.60%)

$62,530,000

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0

Net Income Common Stock

$16,070,000 (-86.95%)

$123,180,000 (-12.29%)

$140,444,000 (124.60%)

$62,530,000

Weighted Average Shares

$8,846,174 (-79.71%)

$43,589,743 (0.00%)

$43,589,743

-

Weighted Average Shares Diluted

$9,062,368

-

-

-

Earning Before Interest & Taxes (EBIT)

$23,624,000 (-81.08%)

$124,838,000 (-11.74%)

$141,441,000 (120.10%)

$64,263,000

Gross Profit

$255,542,000 (18.13%)

$216,327,000 (-2.89%)

$222,754,000 (81.18%)

$122,946,000

Operating Income

$119,160,000 (-3.81%)

$123,885,000 (-11.35%)

$139,748,000 (138.01%)

$58,715,000

SDHC Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$4,706,000 (93.87%)

-$76,832,000 (-21383.10%)

$361,000 (-57.38%)

$847,000

Net Cash Flow from Financing

-$6,989,000 (23.73%)

-$9,164,000 (92.85%)

-$128,195,000 (-232.62%)

-$38,541,000

Net Cash Flow from Operations

$19,132,000 (-74.91%)

$76,257,000 (-42.27%)

$132,095,000 (327.91%)

$30,870,000

Net Cash Flow / Change in Cash & Cash Equivalents

$0 (0%)

$0 (0%)

$4,261,000 (162.44%)

-$6,824,000

Net Cash Flow - Business Acquisitions and Disposals

-$855,000 (98.87%)

-$75,545,000 (-5780.08%)

$1,330,000 (-12.56%)

$1,521,000

Net Cash Flow - Investment Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$0

Capital Expenditure

-$3,887,000 (-197.17%)

-$1,308,000 (-30.80%)

-$1,000,000 (-48.37%)

-$674,000

Issuance (Repayment) of Debt Securities

-$73,512,000 (-233.04%)

$55,255,000 (195.72%)

-$57,726,000 (-5996.42%)

$979,000

Issuance (Purchase) of Equity Shares

$172,769,000 (0%)

$0 (0%)

$0 (0%)

$0

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

-$71,449,000 (-74.33%)

-$40,986,000

Effect of Exchange Rate Changes on Cash

-

$0 (0%)

$0 (0%)

$0

Share Based Compensation

$4,361,000 (0%)

$0 (0%)

$0 (0%)

$0

Depreciation Amortization & Accretion

$2,455,000 (56.37%)

$1,570,000 (20.49%)

$1,303,000 (-10.39%)

$1,454,000

SDHC Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

26.20% (-7.42%)

28.30% (-4.07%)

29.50% (24.47%)

23.70%

Profit Margin

1.60% (-90.06%)

16.10% (-13.44%)

18.60% (53.72%)

12.10%

EBITDA Margin

2.70% (-83.64%)

16.50% (-12.70%)

18.90% (48.82%)

12.70%

Return on Average Equity (ROAE)

24.40% (-83.71%)

149.80% (38.70%)

108.00%

-

Return on Average Assets (ROAA)

3.60% (-91.59%)

42.80% (-35.35%)

66.20%

-

Return on Sales (ROS)

2.40% (-85.28%)

16.30% (-12.83%)

18.70% (50.81%)

12.40%

Return on Invested Capital (ROIC)

6.00% (-85.78%)

42.20% (-31.94%)

62.00%

-

Dividend Yield

0%

-

-

-

Price to Earnings Ratio (P/E)

14.09

-

-

-

Price to Sales Ratio (P/S)

0.23

-

-

-

Price to Book Ratio (P/B)

17.86

-

-

-

Debt to Equity Ratio (D/E)

1.01

-

0.36 (-67.63%)

1.11

Earnings Per Share (EPS)

1.82

-

-

-

Sales Per Share (SPS)

110.27 (528.60%)

17.54 (1.23%)

17.33

-

Free Cash Flow Per Share (FCFPS)

1.72 (0.23%)

1.72 (-42.83%)

3.01

-

Book Value Per Share (BVPS)

8.32 (0%)

0 (0%)

3.77

-

Tangible Assets Book Value Per Share (TABVPS)

50.89 (578.43%)

7.5 (46.39%)

5.12

-

Enterprise Value Over EBIT (EV/EBIT)

55

-

-

-

Enterprise Value Over EBITDA (EV/EBITDA)

49.64

-

-

-

Asset Turnover

2.21 (-16.80%)

2.65 (-25.38%)

3.56

-

Current Ratio

-

-

-

-

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0

Free Cash Flow (FCF)

$15,245,000 (-79.66%)

$74,949,000 (-42.83%)

$131,095,000 (334.15%)

$30,196,000

Enterprise Value (EV)

$1,294,618,788

-

-

-

Earnings Before Tax (EBT)

$21,135,000 (-82.84%)

$123,180,000 (-12.29%)

$140,444,000 (124.60%)

$62,530,000

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$26,079,000 (-79.37%)

$126,408,000 (-11.44%)

$142,744,000 (117.21%)

$65,717,000

Invested Capital

$430,872,000 (12.55%)

$382,816,000 (83.37%)

$208,771,000 (-15.77%)

$247,848,000

Working Capital

-

-

-

-

Tangible Asset Value

$450,175,000 (37.68%)

$326,966,000 (46.38%)

$223,372,000 (11.03%)

$201,188,000

Market Capitalization

$1,314,871,788

-

-

-

Average Equity

$65,973,000 (-19.80%)

$82,255,500 (-36.73%)

$130,013,500

-

Average Assets

$441,613,750 (53.32%)

$288,032,000 (35.68%)

$212,280,000

-

Invested Capital Average

$395,506,250 (33.71%)

$295,793,500 (29.56%)

$228,309,500

-

Shares

51,282,051 (17.65%)

43,589,743 (0.00%)

43,589,743

-