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Side-by-side financial comparison of KITE REALTY GROUP TRUST (KRG) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.
Smith Douglas Homes Corp. is the larger business by last-quarter revenue ($260.4M vs $200.7M, roughly 1.3× KITE REALTY GROUP TRUST). Smith Douglas Homes Corp. runs the higher net margin — 1.4% vs 0.2%, a 1.2% gap on every dollar of revenue. On growth, KITE REALTY GROUP TRUST posted the faster year-over-year revenue change (-9.2% vs -9.4%). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% CAGR vs -2.8%).
Kite Realty Group Trust is a publicly traded U.S.-headquartered real estate investment trust. It primarily owns, operates, and develops high-quality open-air shopping centers and mixed-use properties, with a portfolio spanning key regional markets across the United States. Its tenant base includes national retail chains, local independent merchants, and dining and entertainment operators, serving local community consumer needs.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
KRG vs SDHC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $200.7M | $260.4M |
| Net Profit | $330.0K | $3.5M |
| Gross Margin | — | 19.9% |
| Operating Margin | — | 6.5% |
| Net Margin | 0.2% | 1.4% |
| Revenue YoY | -9.2% | -9.4% |
| Net Profit YoY | -51.6% | -14.3% |
| EPS (diluted) | $0.06 | $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.
| Q1 26 | $200.7M | — | ||
| Q4 25 | $204.2M | $260.4M | ||
| Q3 25 | $205.1M | $262.0M | ||
| Q2 25 | $213.4M | $223.9M | ||
| Q1 25 | $221.8M | $224.7M | ||
| Q4 24 | $214.7M | $287.5M | ||
| Q3 24 | $207.3M | $277.8M | ||
| Q2 24 | $212.4M | $220.9M |
| Q1 26 | $330.0K | — | ||
| Q4 25 | $180.8M | $3.5M | ||
| Q3 25 | $-16.2M | $2.1M | ||
| Q2 25 | $110.3M | $2.4M | ||
| Q1 25 | $23.7M | $2.7M | ||
| Q4 24 | $21.8M | $4.1M | ||
| Q3 24 | $16.7M | $5.3M | ||
| Q2 24 | $-48.6M | $3.6M |
| 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% |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.5% | ||
| Q3 25 | — | 6.6% | ||
| Q2 25 | — | 7.7% | ||
| Q1 25 | 24.2% | 8.7% | ||
| Q4 24 | 23.0% | 10.4% | ||
| Q3 24 | 21.7% | 14.2% | ||
| Q2 24 | -10.5% | 11.7% |
| Q1 26 | 0.2% | — | ||
| Q4 25 | 88.6% | 1.4% | ||
| Q3 25 | -7.9% | 0.8% | ||
| Q2 25 | 51.7% | 1.1% | ||
| Q1 25 | 10.7% | 1.2% | ||
| Q4 24 | 10.2% | 1.4% | ||
| Q3 24 | 8.1% | 1.9% | ||
| Q2 24 | -22.9% | 1.7% |
| Q1 26 | $0.06 | — | ||
| Q4 25 | $0.83 | $0.39 | ||
| Q3 25 | $-0.07 | $0.24 | ||
| Q2 25 | $0.50 | $0.26 | ||
| Q1 25 | $0.11 | $0.30 | ||
| Q4 24 | $0.10 | $0.50 | ||
| Q3 24 | $0.08 | $0.58 | ||
| Q2 24 | $-0.22 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $32.5M | $12.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.9B | $86.7M |
| Total Assets | $6.4B | $557.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $32.5M | — | ||
| Q4 25 | $36.8M | $12.7M | ||
| Q3 25 | $68.7M | $14.8M | ||
| Q2 25 | $182.0M | $16.8M | ||
| Q1 25 | $49.1M | $12.7M | ||
| Q4 24 | $478.1M | $22.4M | ||
| Q3 24 | $467.5M | $23.7M | ||
| Q2 24 | $273.8M | $17.3M |
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | — | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $2.9B | — | ||
| Q4 24 | $3.2B | — | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.0B | — |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $3.1B | $86.7M | ||
| Q3 25 | $3.2B | $82.2M | ||
| Q2 25 | $3.3B | $80.0M | ||
| Q1 25 | $3.3B | $76.9M | ||
| Q4 24 | $3.3B | $73.6M | ||
| Q3 24 | $3.3B | $68.4M | ||
| Q2 24 | $3.4B | $62.1M |
| Q1 26 | $6.4B | — | ||
| Q4 25 | $6.7B | $557.6M | ||
| Q3 25 | $6.6B | $571.6M | ||
| Q2 25 | $6.9B | $570.2M | ||
| Q1 25 | $6.7B | $513.9M | ||
| Q4 24 | $7.1B | $475.9M | ||
| Q3 24 | $7.1B | $460.1M | ||
| Q2 24 | $7.0B | $429.3M |
| Q1 26 | — | — | ||
| Q4 25 | 0.98× | — | ||
| Q3 25 | 0.93× | — | ||
| Q2 25 | 0.91× | — | ||
| Q1 25 | 0.89× | — | ||
| Q4 24 | 0.97× | — | ||
| Q3 24 | 0.97× | — | ||
| Q2 24 | 0.88× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $9.8M |
| Free Cash FlowOCF − Capex | — | $8.7M |
| FCF MarginFCF / Revenue | — | 3.4% |
| Capex IntensityCapex / Revenue | 3.3% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $106.6M | $9.8M | ||
| Q3 25 | $116.2M | $22.8M | ||
| Q2 25 | $132.8M | $-28.9M | ||
| Q1 25 | $74.1M | $-34.9M | ||
| Q4 24 | $111.0M | $5.5M | ||
| Q3 24 | $112.4M | $22.9M | ||
| Q2 24 | $142.1M | $39.0K |
| 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 |
| 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% |
| Q1 26 | 3.3% | — | ||
| 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% |
| Q1 26 | — | — | ||
| Q4 25 | 0.59× | 2.77× | ||
| Q3 25 | — | 10.70× | ||
| Q2 25 | 1.20× | -12.24× | ||
| Q1 25 | 3.12× | -13.01× | ||
| Q4 24 | 5.09× | 1.33× | ||
| Q3 24 | 6.72× | 4.28× | ||
| Q2 24 | — | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KRG
| Rental income | $198.0M | 99% |
| Fee income | $1.3M | 1% |
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |