Green Brick Partners vs Smith Douglas Homes
Green Brick Partners is the larger business, with $2.04bn of revenue in fiscal 2025 against $971m for Smith Douglas Homes (2.1 times as much). Smith Douglas Homes grew faster (-0.4% against -1.0%). Green Brick Partners kept more of each dollar of sales as profit: a net margin of 15.4% against 1.1%. Smith Douglas Homes carries less debt relative to equity (0.0% against 17.4%).
| Latest fiscal year | Green Brick PartnersGRBK, 2025 | Smith Douglas HomesSDHC, 2025 |
|---|---|---|
| Revenue | $2.04bn | $971m |
| Revenue growth | -1.0% | -0.4% |
| Net income | $313m | $10.7m |
| Operating margin | — | — |
| Net margin | 15.4% | 1.1% |
| Return on equity | 18.0% | 13.3% |
| Free cash flow | $208m | −$36.9m |
| Cash | $155m | $12.7m |
| Total debt | $323m | $0 |
| Debt to equity | 17.4% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | 0.1% | — |
| Share buybacks | $83.8m | — |
| Employees | 620 | 510 |
| Market value | $2.64bn | $86.1m |
| Price vs our value range | Above our value range | — |
| Moat score | 65 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 3 sales | 10 buys, 0 sales |