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Side-by-side financial comparison of Smith Douglas Homes Corp. (SDHC) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). 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 $199.5M, roughly 1.3× VIRTUS INVESTMENT PARTNERS, INC.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 3.6% vs 1.4%, a 2.2% gap on every dollar of revenue. On growth, VIRTUS INVESTMENT PARTNERS, INC. posted the faster year-over-year revenue change (-4.1% vs -9.4%). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% CAGR vs -5.7%).
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
SDHC vs VRTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $260.4M | $199.5M |
| Net Profit | $3.5M | $7.1M |
| Gross Margin | 19.9% | — |
| Operating Margin | 6.5% | 7.7% |
| Net Margin | 1.4% | 3.6% |
| Revenue YoY | -9.4% | -4.1% |
| Net Profit YoY | -14.3% | -78.1% |
| EPS (diluted) | $0.39 | $1.05 |
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 | — | $199.5M | ||
| Q4 25 | $260.4M | $208.0M | ||
| Q3 25 | $262.0M | $216.4M | ||
| Q2 25 | $223.9M | $210.5M | ||
| Q1 25 | $224.7M | $217.9M | ||
| Q4 24 | $287.5M | $233.5M | ||
| Q3 24 | $277.8M | $227.0M | ||
| Q2 24 | $220.9M | $224.4M |
| Q1 26 | — | $7.1M | ||
| Q4 25 | $3.5M | $33.9M | ||
| Q3 25 | $2.1M | $31.3M | ||
| Q2 25 | $2.4M | $42.7M | ||
| Q1 25 | $2.7M | $28.1M | ||
| Q4 24 | $4.1M | $39.5M | ||
| Q3 24 | $5.3M | $49.1M | ||
| Q2 24 | $3.6M | $26.0M |
| 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 | — | 7.7% | ||
| Q4 25 | 6.5% | 19.1% | ||
| Q3 25 | 6.6% | 21.7% | ||
| Q2 25 | 7.7% | 21.5% | ||
| Q1 25 | 8.7% | 16.8% | ||
| Q4 24 | 10.4% | 21.7% | ||
| Q3 24 | 14.2% | 24.3% | ||
| Q2 24 | 11.7% | 19.7% |
| Q1 26 | — | 3.6% | ||
| Q4 25 | 1.4% | 16.3% | ||
| Q3 25 | 0.8% | 14.5% | ||
| Q2 25 | 1.1% | 20.3% | ||
| Q1 25 | 1.2% | 12.9% | ||
| Q4 24 | 1.4% | 16.9% | ||
| Q3 24 | 1.9% | 21.6% | ||
| Q2 24 | 1.7% | 11.6% |
| Q1 26 | — | $1.05 | ||
| Q4 25 | $0.39 | $5.15 | ||
| Q3 25 | $0.24 | $4.65 | ||
| Q2 25 | $0.26 | $6.12 | ||
| Q1 25 | $0.30 | $4.05 | ||
| Q4 24 | $0.50 | $4.65 | ||
| Q3 24 | $0.58 | $5.71 | ||
| Q2 24 | $0.40 | $2.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $12.7M | $136.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $86.7M | $93.6B |
| Total Assets | $557.6M | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $136.6M | ||
| 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 | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $390.0M | ||
| Q3 25 | — | $390.6M | ||
| Q2 25 | — | $231.3M | ||
| Q1 25 | — | $231.7M | ||
| Q4 24 | — | $232.1M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | — | $247.6M |
| Q1 26 | — | $93.6B | ||
| Q4 25 | $86.7M | $934.0M | ||
| Q3 25 | $82.2M | $918.7M | ||
| Q2 25 | $80.0M | $896.4M | ||
| Q1 25 | $76.9M | $893.7M | ||
| Q4 24 | $73.6M | $897.5M | ||
| Q3 24 | $68.4M | $889.0M | ||
| Q2 24 | $62.1M | $868.7M |
| Q1 26 | — | — | ||
| Q4 25 | $557.6M | $4.3B | ||
| Q3 25 | $571.6M | $3.9B | ||
| Q2 25 | $570.2M | $3.7B | ||
| Q1 25 | $513.9M | $3.7B | ||
| Q4 24 | $475.9M | $4.0B | ||
| Q3 24 | $460.1M | $3.6B | ||
| Q2 24 | $429.3M | $3.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.42× | ||
| Q3 25 | — | 0.43× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.26× | ||
| Q4 24 | — | 0.26× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.29× |
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 | 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 | $9.8M | $-67.2M | ||
| Q3 25 | $22.8M | $108.3M | ||
| Q2 25 | $-28.9M | $75.8M | ||
| Q1 25 | $-34.9M | $-3.8M | ||
| Q4 24 | $5.5M | $1.8M | ||
| Q3 24 | $22.9M | $69.1M | ||
| Q2 24 | $39.0K | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $8.7M | $-74.1M | ||
| Q3 25 | $21.4M | $106.9M | ||
| Q2 25 | $-31.1M | $74.2M | ||
| Q1 25 | $-35.9M | $-6.8M | ||
| Q4 24 | $4.8M | $-3.8M | ||
| Q3 24 | $22.3M | $68.7M | ||
| Q2 24 | $-2.1M | $68.6M |
| Q1 26 | — | — | ||
| Q4 25 | 3.4% | -35.6% | ||
| Q3 25 | 8.2% | 49.4% | ||
| Q2 25 | -13.9% | 35.2% | ||
| Q1 25 | -16.0% | -3.1% | ||
| Q4 24 | 1.7% | -1.6% | ||
| Q3 24 | 8.0% | 30.3% | ||
| Q2 24 | -1.0% | 30.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 3.3% | ||
| Q3 25 | 0.5% | 0.7% | ||
| Q2 25 | 0.9% | 0.7% | ||
| Q1 25 | 0.5% | 1.4% | ||
| Q4 24 | 0.2% | 2.4% | ||
| Q3 24 | 0.2% | 0.2% | ||
| Q2 24 | 1.0% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | 2.77× | -1.99× | ||
| Q3 25 | 10.70× | 3.45× | ||
| Q2 25 | -12.24× | 1.77× | ||
| Q1 25 | -13.01× | -0.13× | ||
| Q4 24 | 1.33× | 0.04× | ||
| Q3 24 | 4.28× | 1.41× | ||
| Q2 24 | 0.01× | 2.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
