LGI Homes vs Smith Douglas Homes
LGI Homes is the larger business, with $1.71bn of revenue in fiscal 2025 against $971m for Smith Douglas Homes (1.8 times as much). Smith Douglas Homes grew faster (-0.4% against -22.6%). LGI Homes kept more of each dollar of sales as profit: a net margin of 4.3% against 1.1%. Smith Douglas Homes carries less debt relative to equity (0.0% against 80.0%).
| Latest fiscal year | LGI HomesLGIH, 2025 | Smith Douglas HomesSDHC, 2025 |
|---|---|---|
| Revenue | $1.71bn | $971m |
| Revenue growth | -22.6% | -0.4% |
| Net income | $72.6m | $10.7m |
| Operating margin | 4.7% | — |
| Net margin | 4.3% | 1.1% |
| Return on equity | 3.5% | 13.3% |
| Free cash flow | −$141m | −$36.9m |
| Cash | $61.2m | $12.7m |
| Total debt | $1.68bn | $0 |
| Debt to equity | 80.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $23.6m | — |
| Employees | 1,056 | 510 |
| Market value | $1.03bn | $86.1m |
| Price vs our value range | — | — |
| Moat score | 65 (Moderate) | — |
| Insider trades, 12 months | 0 buys, 18 sales | 10 buys, 0 sales |