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Side-by-side financial comparison of loanDepot, Inc. (LDI) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.
loanDepot, Inc. is the larger business by last-quarter revenue ($310.3M vs $260.4M, roughly 1.2× Smith Douglas Homes Corp.). Smith Douglas Homes Corp. runs the higher net margin — 1.4% vs -7.2%, a 8.6% gap on every dollar of revenue. On growth, loanDepot, Inc. posted the faster year-over-year revenue change (20.5% vs -9.4%). Smith Douglas Homes Corp. produced more free cash flow last quarter ($8.7M vs $-648.0M). Over the past eight quarters, loanDepot, Inc.'s revenue compounded faster (18.0% CAGR vs 17.3%).
LoanDepot, sometimes stylized as loanDepot, is an Irvine, California-based nonbank holding company which sells mortgage and non-mortgage lending products.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
LDI vs SDHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $310.3M | $260.4M |
| Net Profit | $-22.5M | $3.5M |
| Gross Margin | — | 19.9% |
| Operating Margin | -10.3% | 6.5% |
| Net Margin | -7.2% | 1.4% |
| Revenue YoY | 20.5% | -9.4% |
| Net Profit YoY | 32.4% | -14.3% |
| EPS (diluted) | — | $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.
| Q4 25 | $310.3M | $260.4M | ||
| Q3 25 | $323.3M | $262.0M | ||
| Q2 25 | $282.5M | $223.9M | ||
| Q1 25 | $273.6M | $224.7M | ||
| Q4 24 | $257.5M | $287.5M | ||
| Q3 24 | $314.6M | $277.8M | ||
| Q2 24 | $265.4M | $220.9M | ||
| Q1 24 | $222.8M | $189.2M |
| Q4 25 | $-22.5M | $3.5M | ||
| Q3 25 | $-4.9M | $2.1M | ||
| Q2 25 | $-13.4M | $2.4M | ||
| Q1 25 | $-21.9M | $2.7M | ||
| Q4 24 | $-33.2M | $4.1M | ||
| Q3 24 | $1.4M | $5.3M | ||
| Q2 24 | $-32.2M | $3.6M | ||
| Q1 24 | $-34.3M | $3.0M |
| 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 24 | — | 26.1% |
| Q4 25 | -10.3% | 6.5% | ||
| Q3 25 | -3.2% | 6.6% | ||
| Q2 25 | -11.4% | 7.7% | ||
| Q1 25 | -16.8% | 8.7% | ||
| Q4 24 | -32.7% | 10.4% | ||
| Q3 24 | 1.1% | 14.2% | ||
| Q2 24 | -29.1% | 11.7% | ||
| Q1 24 | -38.2% | 11.3% |
| Q4 25 | -7.2% | 1.4% | ||
| Q3 25 | -1.5% | 0.8% | ||
| Q2 25 | -4.7% | 1.1% | ||
| Q1 25 | -8.0% | 1.2% | ||
| Q4 24 | -12.9% | 1.4% | ||
| Q3 24 | 0.4% | 1.9% | ||
| Q2 24 | -12.1% | 1.7% | ||
| Q1 24 | -15.4% | 1.6% |
| Q4 25 | — | $0.39 | ||
| Q3 25 | — | $0.24 | ||
| Q2 25 | — | $0.26 | ||
| Q1 25 | — | $0.30 | ||
| Q4 24 | — | $0.50 | ||
| Q3 24 | $0.01 | $0.58 | ||
| Q2 24 | $-0.18 | $0.40 | ||
| Q1 24 | $-0.19 | $0.33 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $337.2M | $12.7M |
| Total DebtLower is stronger | $2.1B | — |
| Stockholders' EquityBook value | $386.0M | $86.7M |
| Total Assets | $6.9B | $557.6M |
| Debt / EquityLower = less leverage | 5.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $337.2M | $12.7M | ||
| Q3 25 | $459.2M | $14.8M | ||
| Q2 25 | $408.6M | $16.8M | ||
| Q1 25 | $371.5M | $12.7M | ||
| Q4 24 | $421.6M | $22.4M | ||
| Q3 24 | $483.0M | $23.7M | ||
| Q2 24 | $533.2M | $17.3M | ||
| Q1 24 | $603.7M | $32.8M |
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.0B | — | ||
| Q1 24 | $2.3B | — |
| Q4 25 | $386.0M | $86.7M | ||
| Q3 25 | $433.3M | $82.2M | ||
| Q2 25 | $439.1M | $80.0M | ||
| Q1 25 | $469.3M | $76.9M | ||
| Q4 24 | $506.6M | $73.6M | ||
| Q3 24 | $592.0M | $68.4M | ||
| Q2 24 | $578.9M | $62.1M | ||
| Q1 24 | $637.3M | $59.7M |
| Q4 25 | $6.9B | $557.6M | ||
| Q3 25 | $6.2B | $571.6M | ||
| Q2 25 | $6.2B | $570.2M | ||
| Q1 25 | $6.4B | $513.9M | ||
| Q4 24 | $6.3B | $475.9M | ||
| Q3 24 | $6.4B | $460.1M | ||
| Q2 24 | $5.9B | $429.3M | ||
| Q1 24 | $6.2B | $401.3M |
| Q4 25 | 5.44× | — | ||
| Q3 25 | 4.83× | — | ||
| Q2 25 | 4.70× | — | ||
| Q1 25 | 4.30× | — | ||
| Q4 24 | 4.00× | — | ||
| Q3 24 | 3.31× | — | ||
| Q2 24 | 3.41× | — | ||
| Q1 24 | 3.63× | — |
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 | $-638.7M | $9.8M |
| Free Cash FlowOCF − Capex | $-648.0M | $8.7M |
| FCF MarginFCF / Revenue | -208.9% | 3.4% |
| Capex IntensityCapex / Revenue | 3.0% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | $-734.6M | $-36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-638.7M | $9.8M | ||
| Q3 25 | $43.4M | $22.8M | ||
| Q2 25 | $67.6M | $-28.9M | ||
| Q1 25 | $-179.9M | $-34.9M | ||
| Q4 24 | $47.7M | $5.5M | ||
| Q3 24 | $-349.2M | $22.9M | ||
| Q2 24 | $-278.3M | $39.0K | ||
| Q1 24 | $-278.5M | $-9.3M |
| Q4 25 | $-648.0M | $8.7M | ||
| Q3 25 | $38.7M | $21.4M | ||
| Q2 25 | $61.4M | $-31.1M | ||
| Q1 25 | $-186.7M | $-35.9M | ||
| Q4 24 | $40.8M | $4.8M | ||
| Q3 24 | $-356.4M | $22.3M | ||
| Q2 24 | $-285.7M | $-2.1M | ||
| Q1 24 | $-283.3M | $-9.7M |
| Q4 25 | -208.9% | 3.4% | ||
| Q3 25 | 12.0% | 8.2% | ||
| Q2 25 | 21.7% | -13.9% | ||
| Q1 25 | -68.2% | -16.0% | ||
| Q4 24 | 15.8% | 1.7% | ||
| Q3 24 | -113.3% | 8.0% | ||
| Q2 24 | -107.7% | -1.0% | ||
| Q1 24 | -127.2% | -5.1% |
| Q4 25 | 3.0% | 0.4% | ||
| Q3 25 | 1.5% | 0.5% | ||
| Q2 25 | 2.2% | 0.9% | ||
| Q1 25 | 2.5% | 0.5% | ||
| Q4 24 | 2.7% | 0.2% | ||
| Q3 24 | 2.3% | 0.2% | ||
| Q2 24 | 2.8% | 1.0% | ||
| Q1 24 | 2.1% | 0.2% |
| Q4 25 | — | 2.77× | ||
| Q3 25 | — | 10.70× | ||
| Q2 25 | — | -12.24× | ||
| Q1 25 | — | -13.01× | ||
| Q4 24 | — | 1.33× | ||
| Q3 24 | -255.05× | 4.28× | ||
| Q2 24 | — | 0.01× | ||
| Q1 24 | — | -3.12× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LDI
Segment breakdown not available.
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
