M/I Homes
MHO
129.32
-3.97
-2.98%
M/I Homes
US · MHO
#2412 by market cap
Listed 1970
129.32
-3.97
-2.98%
Live - 5344 symbols - heartbeat 361s ago
· 2026-10-08 08:29
Pre-market
129.32
0.00%
After-hours
129.32
0.00%
- Market cap
- 3.27B
- P/E (TTM)i
- 10.86
- P/Bi
- 1.01
- EPSi
- 14.74
- Div yieldi
- 0.00%
- 52W posi
- 27%
Reader sentiment
Are you bullish or bearish on MHO?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 4.53, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -1.93% YoY
Margins
- Gross margin
- 24.10%
- Operating margin
- 12.55%
- Net margin
- 9.12%
Key ratios & quality
- Altman Z-Scorei
- 4.53
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.29B | 2.50B | 3.05B | 3.75B | 4.13B | 4.03B | 4.50B | 4.42B |
| Gross profit | 449.58M | 494.43M | 684.78M | 908.92M | 1.04B | 1.02B | 1.20B | 1.06B |
| Selling & admin expenses | 280.61M | 302.34M | 357.08M | 390.62M | 406.39M | 431.71M | 492.80M | 510.65M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 168.97M | 192.09M | 327.70M | 518.30M | 637.45M | 587.22M | 706.09M | 554.22M |
| Pretax profit | 141.29M | 166.03M | 310.04M | 509.11M | 635.21M | 607.28M | 733.61M | 526.59M |
| Tax | 33.63M | 38.44M | 70.17M | 112.25M | 144.55M | 141.91M | 169.88M | 123.65M |
| Net profit | 107.66M | 127.59M | 239.87M | 396.87M | 490.66M | 465.37M | 563.73M | 402.94M |
| Basic EPS | 4 | 5 | 8 | 14 | 18 | 17 | 20 | 15 |
| Diluted EPS | 3.70 | 4.48 | 8.23 | 13.28 | 17.24 | 16.21 | 19.71 | 14.74 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 976.09M | 1.16B | 1.13B | 1.15B | 920.71M | 1.06B |
| Gross profit | 252.78M | 286.62M | 277.67M | 247.80M | 202.59M | 235.50M |
| Selling & admin expenses | 111.86M | 130.90M | 134.82M | 133.07M | 116.53M | 134.22M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 140.92M | 155.72M | 142.85M | 114.73M | 86.07M | 101.28M |
| Pretax profit | 146.12M | 160.09M | 139.82M | 80.55M | 89.17M | 104.56M |
| Tax | 34.88M | 38.85M | 33.33M | 16.58M | 21.34M | 25.50M |
| Net profit | 111.24M | 121.24M | 106.49M | 63.97M | 67.83M | 79.07M |
| Basic EPS | 4 | 5 | 4 | 2 | 3 | 3 |
| Diluted EPS | 3.98 | 4.42 | 3.92 | 2.39 | 2.55 | 3.02 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 1.87B | 1.93B | 2.41B | 2.96B | 3.38B | 3.71B | 4.20B | 4.38B |
| Cash & ST investments | 21.53M | 6.08M | 260.81M | 236.37M | 311.54M | 732.80M | 821.57M | 689.19M |
| Inventory | 1.64B | 1.74B | 1.87B | 2.40B | 2.77B | 2.75B | 3.02B | 3.31B |
| Total assets | 2.02B | 2.11B | 2.64B | 3.24B | 3.71B | 4.02B | 4.55B | 4.78B |
| Total current liabilities | 163.57M | 159.49M | 258.30M | 352.37M | 321.72M | 289.81M | 267.91M | 232.03M |
| Short-term debt | -- | -- | -- | -- | -- | -- | -- | -- |
| Long-term debt | 820.96M | 754.81M | 871.88M | 961.98M | 938.21M | 859.59M | 981.18M | 973.16M |
| Total liabilities | 1,166,278,000.00 | 1,102,117,000.00 | 1,384,347,000.00 | 1,615,669,000.00 | 1,644,198,000.00 | 1,505,501,000.00 | 1,610,119,000.00 | 1,610,935,000.00 |
| Total equity | 855.30M | 1.00B | 1.26B | 1.62B | 2.07B | 2.52B | 2.94B | 3.17B |
| Retained earnings | 580.99M | 708.58M | 948.45M | 1.35B | 1.84B | 2.30B | 2.87B | 3.27B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 4.22B | 4.37B | 4.39B | 4.38B | 4.43B | 4.50B |
| Cash & ST investments | 776.38M | 800.40M | 734.17M | 689.19M | 767.42M | 735.94M |
| Inventory | 3.13B | 3.21B | 3.33B | 3.31B | 3.32B | 3.42B |
| Total assets | 4.59B | 4.74B | 4.77B | 4.78B | 4.79B | 4.86B |
| Total current liabilities | 307.60M | 324.64M | 319.58M | 232.03M | 275.26M | 310.95M |
| Short-term debt | -- | -- | -- | -- | -- | -- |
| Long-term debt | 923.30M | 971.59M | 927.96M | 973.16M | 956.82M | 949.31M |
| Total liabilities | 1,578,889,000.00 | 1,657,903,000.00 | 1,620,095,000.00 | 1,610,935,000.00 | 1,596,054,000.00 | 1,628,623,000.00 |
| Total equity | 3.01B | 3.08B | 3.15B | 3.17B | 3.19B | 3.23B |
| Retained earnings | 2.98B | 3.10B | 3.20B | 3.27B | 3.34B | 3.41B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -2.59M | 65.63M | 168.33M | -16.82M | 184.07M | 552.13M | 179.74M | 137.35M |
| Depreciation & amortization | 11.74M | 13.24M | 15.06M | 14.33M | 14.61M | 14.49M | 15.45M | 16.67M |
| Free cash flow | -10.73M | 61.11M | 156.66M | -42.12M | 174.74M | 546.36M | 171.32M | 127.74M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -25.71M | -5.15M | -1.91M | -51.52M | -55.33M | -65.34M | -176.95M | -202.03M |
| Ending cash balance | 21.53M | 6.08M | 260.81M | 236.37M | 311.54M | 732.80M | 821.57M | 689.19M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 64.89M | 37.76M | 43.41M | -8.71M | 135.73M | 36.81M |
| Depreciation & amortization | 3.95M | 4.07M | 4.27M | 4.38M | 4.41M | 4.48M |
| Free cash flow | 63.55M | 35.15M | 42.01M | -12.96M | 135.58M | 31.43M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -50.06M | -50.14M | -50.18M | -51.66M | -50.07M | -50.05M |
| Ending cash balance | 776.38M | 800.40M | 734.17M | 689.19M | 767.42M | 735.94M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 13.44 | 13.73 | 21.21 | 27.53 | 26.56 | 20.29 | 20.66 | 13.20 |
| ROA %i | 5.54 | 6.18 | 10.10 | 13.49 | 14.11 | 12.03 | 13.15 | 8.64 |
| ROIC %i | 7.63 | 8.34 | 12.49 | 16.53 | 17.25 | 14.31 | 15.21 | 9.86 |
| 5-year avg ROE %i | 10.18 | 10.98 | 13.42 | 17.14 | 20.49 | 21.86 | 23.25 | 21.65 |
| EBIT margin %i | 7.08 | 7.50 | 10.50 | 13.65 | 15.43 | 14.56 | 15.67 | 12.55 |
| FCF / sales %i | -- | 2.44 | 5.14 | -- | 4.23 | 13.55 | 3.80 | 2.89 |
| Current ratioi | 11.41 | 12.11 | 9.34 | 8.41 | 10.51 | 12.79 | 15.67 | 18.89 |
| Quick ratioi | 0.13 | 0.04 | 1.01 | 0.67 | 0.97 | 2.53 | 3.07 | 2.97 |
| Debt / assetsi | 40.61 | 36.72 | 34.97 | 31.28 | 26.91 | 22.80 | 22.78 | 21.56 |
| LT debt / equityi | 95.98 | 77.05 | 73.44 | 62.40 | 48.27 | 36.44 | 35.26 | 32.53 |
| Interest coveragei | 7.90 | 8.77 | 33.02 | 237.14 | 283.31 | -- | -- | -- |
| Revenue CAGR (3Y) %i | 17.25 | 13.92 | 15.79 | 17.89 | 18.22 | 9.81 | 6.34 | 2.26 |
| Net income CAGR (3Y) %i | 27.65 | 31.11 | 49.30 | 54.48 | 56.67 | 24.72 | 12.41 | -6.35 |
| FCF CAGR (3Y) %i | -- | 42.56 | -- | -- | 41.94 | 51.65 | -- | -9.92 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 19.02 | 17.56 | 15.76 | 13.20 | 11.60 | 10.06 |
| ROA %i | 12.21 | 11.26 | 10.24 | 8.64 | 7.67 | 6.61 |
| ROIC %i | 14.12 | 13.07 | 11.87 | 9.86 | 8.78 | 7.61 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 15.19 | 14.32 | 13.48 | 12.55 | 11.45 | 10.44 |
| FCF / sales %i | 2.69 | 2.95 | 5.43 | 2.89 | 4.58 | 4.60 |
| Current ratioi | 13.72 | 13.45 | 13.73 | 18.89 | 16.09 | 14.47 |
| Quick ratioi | 2.52 | 2.47 | 2.30 | 2.97 | 2.79 | 2.37 |
| Debt / assetsi | 21.42 | 21.72 | 20.55 | 21.56 | 21.13 | 20.66 |
| LT debt / equityi | 32.67 | 33.40 | 31.11 | 32.53 | 31.69 | 31.08 |
| Interest coveragei | -- | -- | -- | -- | -- | -- |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Southern homebuilding is the largest reported line at 54.39% of revenue, across 3 reported segments.
- Northern homebuilding follows at 42.57%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Southern homebuilding54.39%
Northern homebuilding42.57%
Financial services3.04%
Quote time 2026-10-08 08:29:30 · For reference only, not investment advice and not tailored to your situation.