Sunday 11 October 2026 Export all MHO data to Excel Powerpack

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. In the quarter to June 2026, revenue fell 8.54%, EPS fell 31.9%, free cash flow fell 11.5% and total debt fell 2.29%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

127.82 2.35 −1.81%

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Market cap: $3.3B
P/E: 10.5×
Fwd P/E: 10.9×
Dividend yield: —
F-score: 5/9
Altman Z: 4.47
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 22.79

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	2	13	—	—	1	—	1	1	—	—

Insider Ownership 4.70%

Capital & Financial Ratios $m

Market Cap 3,290.00

Revenue 4,263.06

Net Income 317.36

Free Cash Flow 205.13

Net Debt 213.36

Current Ratio 7.65

Debt/Equity 0.29

P/E ratio 10.55

Fwd P/E 10.90

P/S ratio 0.77

P/B ratio 1.02

Past 5Y EPS Growth 12.36%

This Y EPS Growth (26.46%)

Next Y EPS Growth 15.36%

Next Y revenue growth (5.29%)

Next 5Y EPS Growth (2.40%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 80.87%

10-year low 10-year high

P/S against its own 10 years 81.06%

10-year low 10-year high

P/B against its own 10 years 45.13%

10-year low 10-year high

EV/Sales against its own 10 years 80.10%

10-year low 10-year high

EV/FCF against its own 10 years 48.44%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	733	822	689	736
Receivables	—	—	—	—
Inventory	2,797	3,092	3,384	3,505
Other	176	284	309	259
	3,706	4,210	4,387	4,500

	2023	2024	2025	Q'26
Payables	205	199	181	244
ST’ Debt	—	—	—	—
Other	337	350	359	344
	542	549	541	588

Compound Annual Growth %

	10y	5y	3y
Sales	12.03%	7.72%	2.26%
Cash Flow	0.00%	(3.99%)	(9.30%)
Earnings	24.00%	10.93%	(6.35%)
Book Value	18.16%	20.26%	15.21%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	921	1,063	—	—	—
’25	976	1,163	1,132	1,147	4,418
’24	1,047	1,110	1,143	1,205	4,505
’23	1,001	1,014	1,046	973	4,034
’22	861	1,041	1,013	1,217	4,131
’21	829	961	904	1,052	3,746
’20	578	714	848	906	3,046

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	136	37	—	—	—
’25	65	38	43	(9)	137
’24	116	28	(68)	104	180
’23	251	166	80	55	552
’22	69	9	(93)	198	184
’21	75	99	(208)	18	(17)
’20	(24)	107	114	(29)	168

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	145	31	—	—	—
’25	70	36	42	(13)	135
’24	122	22	(69)	103	179
’23	249	176	77	54	557
’22	68	8	(94)	193	175
’21	79	98	(210)	14	(18)
’20	(25)	106	108	(28)	161

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	2.55	3.02	—	—	—
’25	3.98	4.42	3.92	2.39	14.74
’24	4.78	5.12	5.10	4.71	19.71
’23	3.64	4.12	4.82	3.66	16.21
’22	3.16	4.79	4.67	4.65	17.24
’21	2.85	3.58	3.03	3.83	13.28
’20	1.09	1.89	2.51	2.71	8.23

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	15.56	22.55	20.35	20.51	9.62	42.22	34.33	46.12	109.92	100.22	Analyst estimates 2026–2028 Powerpack
	High	26.70	36.92	37.41	46.57	49.93	74.85	62.82	140.73	176.18	158.92
People
People	Employees	1,138	1,238	1,359	1,401	1,515	1,657	1,663	1,607	1,760	1,801
	Revenue/emp, $m	1.49	1.58	1.68	1.78	2.01	2.26	2.48	2.51	2.56	2.45
Income, $m
Income, $m	Revenue	1,691	1,962	2,286	2,500	3,046	3,746	4,131	4,034	4,505	4,418
	Gross margin, %	19.70	20.44	19.66	19.77	22.48	24.26	25.27	25.26	26.61	24.10
	EBT	92	120	141	166	310	509	635	607	734	527
	EBT margin, %	5.43	6.13	6.18	6.64	10.18	13.59	15.38	15.06	16.29	11.92
	Net income	57	72	108	128	240	397	491	465	564	403
	Depreciation	14	14	15	16	18	17	17	17	19	20
Per share, $
Per share, $	Revenue	68.57	76.14	80.98	89.79	106.47	128.76	148.21	145.25	162.17	165.27
	Earnings	2.10	2.57	3.81	4.58	8.38	13.64	17.60	16.76	20.29	15.07
	Cash flow	1.39	(2.06)	(0.09)	2.36	5.88	(0.58)	6.60	19.88	6.47	5.14
	Capex	(0.53)	(0.02)	(0.06)	0.06	(0.27)	(0.05)	(0.33)	0.18	(0.03)	(0.10)
	Free cash flow	0.86	(2.09)	(0.16)	2.42	5.61	(0.62)	6.28	20.06	6.44	5.04
	Book value	26.52	29.00	30.29	36.04	44.00	55.83	74.28	90.64	105.83	118.45
	Shares, m	25	26	28	28	29	29	28	28	28	27
Valuation, ×
Valuation, ×	P/E	12.22	13.66	5.50	8.61	5.29	4.56	2.68	8.00	6.55	8.51
	P/S	0.37	0.46	0.26	0.44	0.42	0.48	0.32	0.92	0.82	0.77
	P/B	1.04	1.21	0.69	1.09	1.01	1.11	0.64	1.48	1.26	1.08
	EV/Sales	0.73	0.80	0.61	0.74	0.62	0.68	0.47	0.95	0.86	0.84
	EV/FCF	58.49	(29.03)	(316.71)	25.01	11.70	(139.75)	11.10	6.91	21.47	27.48
Cash, $m
Cash, $m	Operating cash flow	34	(53)	(3)	66	168	(17)	184	552	180	137
	Capex	(13)	(1)	(2)	2	(8)	(1)	(9)	5	(1)	(3)
	Free cash flow	21	(54)	(4)	67	161	(18)	175	557	179	135
Balance, $m
Balance, $m	Working capital	1,156	1,463	1,566	1,623	1,976	2,385	2,785	3,164	3,661	3,846
	Total debt	638	808	821	755	872	962	938	860	981	973
	Net debt	603	656	799	749	611	726	627	127	160	284
	Shareholders’ equity	654	747	855	1,003	1,259	1,624	2,071	2,517	2,940	3,166
Returns, %
Returns, %	ROA	3.49	3.88	5.54	6.18	10.10	13.49	14.11	12.03	13.15	8.64
	ROIC	5.40	6.18	6.16	6.67	10.67	13.79	14.77	13.88	14.24	9.18
	ROE	8.96	9.78	13.44	13.73	21.21	27.53	26.56	20.29	20.66	13.20

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
IBP Installed Building Products, Inc.	$5.0B	19.8×	23.8×	+2.30% (above 0%: growing)	−3.56% (below 0%: shrinking)	−30.95% (below 0%: shrinking)	33.29%	12.16%	Compare
SKY Champion Homes, Inc.	$4.4B	23.3×	22.0×	+1.27% (above 0%: growing)	−21.24% (below 0%: shrinking)	−4.47% (below 0%: shrinking)	25.24%	8.49%	Compare
CVCO Cavco Industries, Inc.	$4.2B	22.9×	22.8×	+9.54% (above 0%: growing)	−15.56% (below 0%: shrinking)	+5.65% (above 0%: growing)	22.07%	8.65%	Compare
MTH Meritage Homes Corporation	$4.0B	12.2×	13.6×	−13.77% (below 0%: shrinking)	−33.01% (below 0%: shrinking)	+2,516.98% (above 0%: growing)	18.60%	8.19%	Compare
MHO M/I Homes, Inc.	$3.3B	10.5×	10.9×	−8.54% (below 0%: shrinking)	−31.86% (below 0%: shrinking)	−11.50% (below 0%: shrinking)	22.15%	9.53%
GRBK Green Brick Partners, Inc.	$2.7B	9.4×	12.0×	−8.70% (below 0%: shrinking)	−8.06% (below 0%: shrinking)	−113.25% (below 0%: shrinking)	31.90%	19.54%	Compare
KBH KB Home	$2.7B	11.9×	16.2×	−19.96% (below 0%: shrinking)	−35.34% (below 0%: shrinking)	−85.83% (below 0%: shrinking)	5.54%	5.54%	Compare
LGIH LGI Homes, Inc.	$1.1B	15.4×	17.3×	+5.70% (above 0%: growing)	−14.71% (below 0%: shrinking)	+254.15% (above 0%: growing)	19.71%	5.61%	Compare
BZH Beazer Homes USA, Inc.	$891.4M	— (loss-making)	— (loss-making)	−5.33% (below 0%: shrinking)	n/m	−119.25% (below 0%: shrinking)	12.80%	(2.20%)	Compare
Median of peers	$3.3B	15.4×	17.3×	−2.03%	−15.56%	−17.71%	20.89%	8.34%

All 19 Residential Construction stocks →

M/I Homes, Inc. (MHO) key facts

Concern: M/I Homes, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, down 1.93% from fiscal 2024.
M/I Homes, Inc. (MHO) is a Residential Construction company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
As of October 9, 2026, MHO traded at $127.82, a market capitalization of $3.3 billion.
Return on equity was 13.2% and debt-to-equity 0.29.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 4.47 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.