Avg gross margin
22.4%
74th pctile
Peer median
18.9%
18 peer builders
Best project
26.1%
926 Stratford
Worst project
14.8%
418 Maple Ridge
GROSS MARGIN DISTRIBUTION · 18 PEERS
22.4%You · 74%ile · peer median 18.9%
YOU · 74%
10%15%20%25%30%
Q1MEDIANQ3
Project-level margin9 active builds
ProjectLocationBudgetGross marginPeer pctileStatus
926 Stratford · The TennesseanSweetwater, TN$430,25026.1%86%ileOn track
1142 FoothillAthens, TN$512,80024.3%78%ileOn track
2310 Old MillEtowah, TN$385,00023.0%71%ileOn track
804 RiverbendMadisonville, TN$478,20021.5%62%ileSlipping
67 CherokeeTellico Plains, TN$398,60020.9%58%ileOn track
915 LoudonLoudon, TN$445,00018.4%42%ileSlipping
418 Maple RidgeNiota, TN$362,50014.8%22%ileOff track
What's driving the spread
Top-margin projects share three traits: tighter vendor lock-in on framing and concrete, selections frozen by day 90, and change-order ratios under 3% of contract. Bottom-margin projects show late selections and concrete supplier swaps mid-build. The Niota project at 14.8% is carrying a foundation rework from January that has not been recovered.