M/I Homes, Inc.
MHO Consumer Cyclical Residential Construction
M/I Homes, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, down 1.93% from fiscal 2024.
- Revenue
- −4.92%
- EPS
- −34.7%
- Free cash flow
- −139.6%
- Total debt
- −0.03%
Quarter to September 2026, against a year earlier
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M/I Homes, Inc. (MHO) Gross margin
M/I Homes, Inc.'s gross margin over the twelve months to 30 September 2026 was 21.8%, down 2.3 percentage points from fiscal 2025 (24.1%). Over the past ten years it has ranged from 19.7% (fiscal 2018) to 26.6% (fiscal 2024); the current reading is higher than 64% of that period. That is above the Residential Construction industry median of 19.2% and below the Consumer Cyclical sector median of 34.3%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 24.1% | (2.51) |
| FY2024 | 26.6% | 1.35 |
| FY2023 | 25.3% | (0.01) |
| FY2022 | 25.3% | 1.01 |
| FY2021 | 24.3% | 1.78 |
| FY2020 | 22.5% | 2.71 |
| FY2019 | 19.8% | 0.11 |
| FY2018 | 19.7% | (0.78) |
| FY2017 | 20.4% | 0.74 |
| FY2016 | 19.7% | (1.71) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 20.9% | (1.29) |
| Jun 2026 | 22.2% | 0.15 |
| Mar 2026 | 22.0% | (0.26) |
| Dec 2025 | 22.3% | (1.60) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| IBP Installed Building Products, Inc. compare | 33.1% |
| GRBK Green Brick Partners, Inc. compare | 29.0% |
| SKY Champion Homes, Inc. compare | 25.5% |
| CVCO Cavco Industries, Inc. compare | 22.7% |
| MHO M/I Homes, Inc. | 21.8% |
| LGIH LGI Homes, Inc. compare | 19.2% |
| MTH Meritage Homes Corporation compare | 17.7% |
| KBH KB Home compare | 16.5% |
| DFH Dream Finders Homes, Inc. compare | 15.2% |
| Residential Construction industry median | 19.2% |
| Consumer Cyclical sector median | 34.3% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- The full statement