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Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.

FULTON FINANCIAL CORP is the larger business by last-quarter revenue ($336.2M vs $260.4M, roughly 1.3× Smith Douglas Homes Corp.). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 1.4%, a 26.8% gap on every dollar of revenue. On growth, FULTON FINANCIAL CORP posted the faster year-over-year revenue change (4.2% vs -9.4%). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% CAGR vs 0.2%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.

FULT vs SDHC — Head-to-Head

Bigger by revenue
FULT
FULT
1.3× larger
FULT
$336.2M
$260.4M
SDHC
Growing faster (revenue YoY)
FULT
FULT
+13.6% gap
FULT
4.2%
-9.4%
SDHC
Higher net margin
FULT
FULT
26.8% more per $
FULT
28.2%
1.4%
SDHC
Faster 2-yr revenue CAGR
SDHC
SDHC
Annualised
SDHC
17.3%
0.2%
FULT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FULT
FULT
SDHC
SDHC
Revenue
$336.2M
$260.4M
Net Profit
$94.8M
$3.5M
Gross Margin
19.9%
Operating Margin
6.5%
Net Margin
28.2%
1.4%
Revenue YoY
4.2%
-9.4%
Net Profit YoY
1.9%
-14.3%
EPS (diluted)
$0.55
$0.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FULT
FULT
SDHC
SDHC
Q1 26
$336.2M
Q4 25
$336.0M
$260.4M
Q3 25
$334.6M
$262.0M
Q2 25
$324.1M
$223.9M
Q1 25
$318.4M
$224.7M
Q4 24
$319.6M
$287.5M
Q3 24
$317.7M
$277.8M
Q2 24
$334.7M
$220.9M
Net Profit
FULT
FULT
SDHC
SDHC
Q1 26
$94.8M
Q4 25
$99.0M
$3.5M
Q3 25
$100.5M
$2.1M
Q2 25
$99.2M
$2.4M
Q1 25
$93.0M
$2.7M
Q4 24
$68.6M
$4.1M
Q3 24
$63.2M
$5.3M
Q2 24
$95.0M
$3.6M
Gross Margin
FULT
FULT
SDHC
SDHC
Q1 26
Q4 25
19.9%
Q3 25
21.0%
Q2 25
23.2%
Q1 25
23.8%
Q4 24
25.5%
Q3 24
26.5%
Q2 24
26.7%
Operating Margin
FULT
FULT
SDHC
SDHC
Q1 26
Q4 25
35.7%
6.5%
Q3 25
38.2%
6.6%
Q2 25
37.8%
7.7%
Q1 25
36.1%
8.7%
Q4 24
27.0%
10.4%
Q3 24
25.1%
14.2%
Q2 24
30.8%
11.7%
Net Margin
FULT
FULT
SDHC
SDHC
Q1 26
28.2%
Q4 25
29.5%
1.4%
Q3 25
30.0%
0.8%
Q2 25
30.6%
1.1%
Q1 25
29.2%
1.2%
Q4 24
21.5%
1.4%
Q3 24
19.9%
1.9%
Q2 24
28.4%
1.7%
EPS (diluted)
FULT
FULT
SDHC
SDHC
Q1 26
$0.55
Q4 25
$0.53
$0.39
Q3 25
$0.53
$0.24
Q2 25
$0.53
$0.26
Q1 25
$0.49
$0.30
Q4 24
$0.36
$0.50
Q3 24
$0.33
$0.58
Q2 24
$0.52
$0.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FULT
FULT
SDHC
SDHC
Cash + ST InvestmentsLiquidity on hand
$12.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$86.7M
Total Assets
$32.2B
$557.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
SDHC
SDHC
Q1 26
Q4 25
$12.7M
Q3 25
$14.8M
Q2 25
$16.8M
Q1 25
$12.7M
Q4 24
$22.4M
Q3 24
$23.7M
Q2 24
$17.3M
Stockholders' Equity
FULT
FULT
SDHC
SDHC
Q1 26
$3.5B
Q4 25
$3.5B
$86.7M
Q3 25
$3.4B
$82.2M
Q2 25
$3.3B
$80.0M
Q1 25
$3.3B
$76.9M
Q4 24
$3.2B
$73.6M
Q3 24
$3.2B
$68.4M
Q2 24
$3.1B
$62.1M
Total Assets
FULT
FULT
SDHC
SDHC
Q1 26
$32.2B
Q4 25
$32.1B
$557.6M
Q3 25
$32.0B
$571.6M
Q2 25
$32.0B
$570.2M
Q1 25
$32.1B
$513.9M
Q4 24
$32.1B
$475.9M
Q3 24
$32.2B
$460.1M
Q2 24
$31.8B
$429.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FULT
FULT
SDHC
SDHC
Operating Cash FlowLast quarter
$9.8M
Free Cash FlowOCF − Capex
$8.7M
FCF MarginFCF / Revenue
3.4%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
2.77×
TTM Free Cash FlowTrailing 4 quarters
$-36.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FULT
FULT
SDHC
SDHC
Q1 26
Q4 25
$304.5M
$9.8M
Q3 25
$116.1M
$22.8M
Q2 25
$91.7M
$-28.9M
Q1 25
$703.0K
$-34.9M
Q4 24
$416.6M
$5.5M
Q3 24
$-22.0M
$22.9M
Q2 24
$157.8M
$39.0K
Free Cash Flow
FULT
FULT
SDHC
SDHC
Q1 26
Q4 25
$8.7M
Q3 25
$21.4M
Q2 25
$-31.1M
Q1 25
$-35.9M
Q4 24
$4.8M
Q3 24
$22.3M
Q2 24
$-2.1M
FCF Margin
FULT
FULT
SDHC
SDHC
Q1 26
Q4 25
3.4%
Q3 25
8.2%
Q2 25
-13.9%
Q1 25
-16.0%
Q4 24
1.7%
Q3 24
8.0%
Q2 24
-1.0%
Capex Intensity
FULT
FULT
SDHC
SDHC
Q1 26
Q4 25
0.4%
Q3 25
0.5%
Q2 25
0.9%
Q1 25
0.5%
Q4 24
0.2%
Q3 24
0.2%
Q2 24
1.0%
Cash Conversion
FULT
FULT
SDHC
SDHC
Q1 26
Q4 25
3.08×
2.77×
Q3 25
1.16×
10.70×
Q2 25
0.92×
-12.24×
Q1 25
0.01×
-13.01×
Q4 24
6.07×
1.33×
Q3 24
-0.35×
4.28×
Q2 24
1.66×
0.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FULT
FULT

Segment breakdown not available.

SDHC
SDHC

Southeast$164.7M63%
Central$95.8M37%

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