vs
Side-by-side financial comparison of Smith Douglas Homes Corp. (SDHC) and OLYMPIC STEEL INC (ZEUS). Click either name above to swap in a different company.
OLYMPIC STEEL INC is the larger business by last-quarter revenue ($490.7M vs $260.4M, roughly 1.9× Smith Douglas Homes Corp.). Smith Douglas Homes Corp. runs the higher net margin — 1.4% vs 0.4%, a 0.9% gap on every dollar of revenue. On growth, OLYMPIC STEEL INC posted the faster year-over-year revenue change (4.4% vs -9.4%). Smith Douglas Homes Corp. produced more free cash flow last quarter ($8.7M vs $-12.9M). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% CAGR vs 0.1%).
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
Olympic Steel, Inc. is a metals service center based in Cleveland, Ohio. The company processes and distributes carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminium alloy, tin plate, and metal-intensive branded products primarily in the United States. Metals processing and value added services include tempering, stretch leveling, cutting-to-length, slitting, edging, shearing, blanking, burning, forming, shot blasting, laser punching, plate rolling, fabricating, machi...
SDHC vs ZEUS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $260.4M | $490.7M |
| Net Profit | $3.5M | $2.2M |
| Gross Margin | 19.9% | — |
| Operating Margin | 6.5% | 1.5% |
| Net Margin | 1.4% | 0.4% |
| Revenue YoY | -9.4% | 4.4% |
| Net Profit YoY | -14.3% | -21.2% |
| EPS (diluted) | $0.39 | $0.18 |
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 | $260.4M | — | ||
| Q3 25 | $262.0M | $490.7M | ||
| Q2 25 | $223.9M | $496.5M | ||
| Q1 25 | $224.7M | $492.9M | ||
| Q4 24 | $287.5M | $418.8M | ||
| Q3 24 | $277.8M | $470.0M | ||
| Q2 24 | $220.9M | $526.3M | ||
| Q1 24 | $189.2M | $526.6M |
| Q4 25 | $3.5M | — | ||
| Q3 25 | $2.1M | $2.2M | ||
| Q2 25 | $2.4M | $5.2M | ||
| Q1 25 | $2.7M | $2.5M | ||
| Q4 24 | $4.1M | $3.9M | ||
| Q3 24 | $5.3M | $2.7M | ||
| Q2 24 | $3.6M | $7.7M | ||
| Q1 24 | $3.0M | $8.7M |
| 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 | 6.5% | — | ||
| Q3 25 | 6.6% | 1.5% | ||
| Q2 25 | 7.7% | 2.3% | ||
| Q1 25 | 8.7% | 1.6% | ||
| Q4 24 | 10.4% | 2.1% | ||
| Q3 24 | 14.2% | 1.7% | ||
| Q2 24 | 11.7% | 2.9% | ||
| Q1 24 | 11.3% | 3.0% |
| Q4 25 | 1.4% | — | ||
| Q3 25 | 0.8% | 0.4% | ||
| Q2 25 | 1.1% | 1.1% | ||
| Q1 25 | 1.2% | 0.5% | ||
| Q4 24 | 1.4% | 0.9% | ||
| Q3 24 | 1.9% | 0.6% | ||
| Q2 24 | 1.7% | 1.5% | ||
| Q1 24 | 1.6% | 1.7% |
| Q4 25 | $0.39 | — | ||
| Q3 25 | $0.24 | $0.18 | ||
| Q2 25 | $0.26 | $0.45 | ||
| Q1 25 | $0.30 | $0.21 | ||
| Q4 24 | $0.50 | $0.33 | ||
| Q3 24 | $0.58 | $0.23 | ||
| Q2 24 | $0.40 | $0.66 | ||
| Q1 24 | $0.33 | $0.75 |
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 | $7.5M |
| Total DebtLower is stronger | — | $240.9M |
| Stockholders' EquityBook value | $86.7M | $579.1M |
| Total Assets | $557.6M | $1.1B |
| Debt / EquityLower = less leverage | — | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.7M | — | ||
| Q3 25 | $14.8M | $7.5M | ||
| Q2 25 | $16.8M | $14.8M | ||
| Q1 25 | $12.7M | $13.3M | ||
| Q4 24 | $22.4M | $11.9M | ||
| Q3 24 | $23.7M | $11.1M | ||
| Q2 24 | $17.3M | $9.4M | ||
| Q1 24 | $32.8M | $10.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | $240.9M | ||
| Q2 25 | — | $233.2M | ||
| Q1 25 | — | $235.4M | ||
| Q4 24 | — | $272.5M | ||
| Q3 24 | — | $197.3M | ||
| Q2 24 | — | $209.2M | ||
| Q1 24 | — | $196.8M |
| Q4 25 | $86.7M | — | ||
| Q3 25 | $82.2M | $579.1M | ||
| Q2 25 | $80.0M | $578.2M | ||
| Q1 25 | $76.9M | $574.2M | ||
| Q4 24 | $73.6M | $573.9M | ||
| Q3 24 | $68.4M | $570.6M | ||
| Q2 24 | $62.1M | $569.5M | ||
| Q1 24 | $59.7M | $563.0M |
| Q4 25 | $557.6M | — | ||
| Q3 25 | $571.6M | $1.1B | ||
| Q2 25 | $570.2M | $1.1B | ||
| Q1 25 | $513.9M | $1.1B | ||
| Q4 24 | $475.9M | $1.0B | ||
| Q3 24 | $460.1M | $1.0B | ||
| Q2 24 | $429.3M | $1.0B | ||
| Q1 24 | $401.3M | $1.0B |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.41× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.37× | ||
| Q1 24 | — | 0.35× |
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 | $-5.4M |
| Free Cash FlowOCF − Capex | $8.7M | $-12.9M |
| FCF MarginFCF / Revenue | 3.4% | -2.6% |
| Capex IntensityCapex / Revenue | 0.4% | 1.5% |
| Cash ConversionOCF / Net Profit | 2.77× | -2.50× |
| TTM Free Cash FlowTrailing 4 quarters | $-36.9M | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.8M | — | ||
| Q3 25 | $22.8M | $-5.4M | ||
| Q2 25 | $-28.9M | $15.5M | ||
| Q1 25 | $-34.9M | $49.4M | ||
| Q4 24 | $5.5M | $14.6M | ||
| Q3 24 | $22.9M | $24.6M | ||
| Q2 24 | $39.0K | $-2.9M | ||
| Q1 24 | $-9.3M | $-2.6M |
| Q4 25 | $8.7M | — | ||
| Q3 25 | $21.4M | $-12.9M | ||
| Q2 25 | $-31.1M | $6.8M | ||
| Q1 25 | $-35.9M | $40.6M | ||
| Q4 24 | $4.8M | $7.4M | ||
| Q3 24 | $22.3M | $15.6M | ||
| Q2 24 | $-2.1M | $-11.3M | ||
| Q1 24 | $-9.7M | $-7.4M |
| Q4 25 | 3.4% | — | ||
| Q3 25 | 8.2% | -2.6% | ||
| Q2 25 | -13.9% | 1.4% | ||
| Q1 25 | -16.0% | 8.2% | ||
| Q4 24 | 1.7% | 1.8% | ||
| Q3 24 | 8.0% | 3.3% | ||
| Q2 24 | -1.0% | -2.2% | ||
| Q1 24 | -5.1% | -1.4% |
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.5% | 1.5% | ||
| Q2 25 | 0.9% | 1.7% | ||
| Q1 25 | 0.5% | 1.8% | ||
| Q4 24 | 0.2% | 1.7% | ||
| Q3 24 | 0.2% | 1.9% | ||
| Q2 24 | 1.0% | 1.6% | ||
| Q1 24 | 0.2% | 0.9% |
| Q4 25 | 2.77× | — | ||
| Q3 25 | 10.70× | -2.50× | ||
| Q2 25 | -12.24× | 2.96× | ||
| Q1 25 | -13.01× | 19.70× | ||
| Q4 24 | 1.33× | 3.75× | ||
| Q3 24 | 4.28× | 9.01× | ||
| Q2 24 | 0.01× | -0.38× | ||
| Q1 24 | -3.12× | -0.30× |
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% |
ZEUS
| Carbon Flat Products | $268.2M | 55% |
| Specialty Metals Flat Products | $140.9M | 29% |
| Tubular And Pipe Products | $81.6M | 17% |
