MHO
M/I Homes Inc
NYSE: MHO · CONSUMER CYCLICAL · RESIDENTIAL CONSTRUCTION
$129.99
-3.90% today
Updated 2026-04-29
Market cap
$3.35B
P/E ratio
9.77
P/S ratio
0.77x
EPS (TTM)
$13.31
Dividend yield
—
52W range
$104 – $159
Volume
0.2M
M/I Homes Inc (MHO) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.36B | $1.02B | $607.66M | $569.95M | $616.38M | $566.42M | $761.90M | $1.04B | $1.22B | $1.42B | $1.69B | $1.96B | $2.29B | $2.50B | $3.05B | $3.75B | $4.13B | $4.03B | $4.50B | $4.42B |
| Revenue growth (YoY) | — | -25.2% | -40.2% | -6.2% | +8.1% | -8.1% | +34.5% | +36.1% | +17.2% | +16.7% | +19.2% | +16.0% | +16.5% | +9.3% | +21.9% | +23.0% | +10.3% | -2.5% | +11.8% | -1.9% |
| Cost of revenue | $1.01B | $832.60M | $685.46M | $550.41M | $511.41M | $489.12M | $614.04M | $830.31M | $962.45M | $1.12B | $1.36B | $1.57B | $1.84B | $2.01B | $2.36B | $2.84B | $3.09B | $3.01B | $3.31B | $3.40B |
| Gross profit | $344.77M | $183.86M | $-77.81M | $19.54M | $104.97M | $77.30M | $147.86M | $206.47M | $252.73M | $300.09M | $329.15M | $393.27M | $443.77M | $494.56M | $684.78M | $908.91M | $1.04B | $1.01B | $1.20B | $1.02B |
| Gross margin | 25.4% | 18.1% | -12.8% | 3.4% | 17.0% | 13.6% | 19.4% | 19.9% | 20.8% | 21.2% | 19.5% | 20.0% | 19.4% | 19.8% | 22.5% | 24.3% | 25.3% | 25.2% | 26.6% | 23.0% |
| R&D | $3.70M | $2.50M | $1.70M | $1.80M | $2.40M | $2.50M | $2.40M | $3.60M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $196.66M | $171.02M | $77.46M | $59.17M | $53.96M | $52.66M | $62.63M | $79.49M | $88.83M | $93.21M | $111.60M | $126.28M | $137.78M | $147.95M | $177.55M | $192.01M | $214.81M | $222.76M | $258.42M | $262.77M |
| Operating income | $148.12M | $12.84M | $-209.48M | $-83.58M | $-9.61M | $-18.90M | $32.33M | $64.50M | $86.21M | $115.43M | $112.73M | $146.34M | $163.16M | $192.22M | $328.28M | $518.30M | $637.45M | $581.83M | $706.29M | $506.55M |
| Operating margin | 10.9% | 1.3% | -34.5% | -14.7% | -1.6% | -3.3% | 4.2% | 6.2% | 7.1% | 8.1% | 6.7% | 7.5% | 7.1% | 7.7% | 10.8% | 13.8% | 15.4% | 14.4% | 15.7% | 11.5% |
| EBITDA | $135.04M | $-127.54M | $-196.17M | $-75.71M | $-10.23M | $-11.32M | $38.57M | $68.09M | $89.67M | $121.44M | $120.83M | $154.28M | $182.59M | $200.64M | $334.79M | $532.63M | $652.06M | $621.77M | $749.06M | $566.67M |
| EBITDA margin | 9.9% | -12.5% | -32.3% | -13.3% | -1.7% | -2.0% | 5.1% | 6.6% | 7.4% | 8.6% | 7.1% | 7.9% | 8.0% | 8.0% | 11.0% | 14.2% | 15.8% | 15.4% | 16.6% | 12.8% |
| EBIT | $128.31M | $-135.53M | $-203.93M | $-83.58M | $-17.99M | $-18.90M | $32.21M | $63.12M | $83.72M | $113.82M | $110.62M | $143.58M | $170.85M | $187.40M | $319.73M | $518.30M | $637.45M | $607.28M | $733.61M | $546.62M |
| Interest expense | $0.00 | $15.34M | $11.20M | $8.47M | $9.41M | $15.01M | $16.07M | $15.94M | $13.37M | $17.52M | $17.60M | $18.87M | $20.48M | $21.38M | $9.68M | $2.16M | $2.25M | $35.84M | $27.51M | $20.04M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $38.88M | $-128.13M | $-245.45M | $-62.11M | $-26.27M | $-33.88M | $13.35M | $151.42M | $50.79M | $51.76M | $56.61M | $72.08M | $107.66M | $127.59M | $239.87M | $396.87M | $490.66M | $465.37M | $563.73M | $402.94M |
| Net income growth (YoY) | — | -429.6% | -91.6% | +74.7% | +57.7% | -29.0% | +139.4% | +1034.5% | -66.5% | +1.9% | +9.4% | +27.3% | +49.4% | +18.5% | +88.0% | +65.4% | +23.6% | -5.2% | +21.1% | -28.5% |
| Profit margin | 2.9% | -12.6% | -40.4% | -10.9% | -4.3% | -6.0% | 1.8% | 14.6% | 4.2% | 3.6% | 3.3% | 3.7% | 4.7% | 5.1% | 7.9% | 10.6% | 11.9% | 11.6% | 12.5% | 9.1% |