Smith Douglas Homes Corp. reported third quarter 2025 pretax income of $17.2 million and earnings of $0.24 per diluted share, compared to $39.6 million and $0.58 per diluted share in the same period last year. Home closing revenue for the quarter was $262.0 million, a decrease of 6%, on 788 home closings, down 3%. Home closing gross margin was 21.0%, compared to 26.5% in the prior year. Net new home orders increased 15.0% to 690. The company's active community count grew 32% to 98, and total controlled lots rose 36% to 24,300. Debt-to-book capitalization was 11.2% at quarter end, up from 0.8% at December 31, 2024.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smith Douglas Homes Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251104667698) on November 05, 2025, and is solely responsible for the information contained therein.
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