M I Homes Inc (MHO) financials
M I Homes revenue and earnings by year
M I Homes's revenue was $4.42 billion in the fiscal year to December 31, 2025, down 1.9% from the year before. Net income was $403 million, 9.1% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 11.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.42 | 4.50 | 4.03 | 4.13 | 3.75 | 3.05 | 2.50 | 2.29 | 1.96 | 1.69 |
| Revenue growth | -1.9% | 11.7% | -2.4% | 10.3% | 23.0% | 21.8% | 9.4% | 16.5% | 16.0% | — |
| Gross profit | 1.06 | 1.20 | 1.02 | 1.04 | 0.91 | 0.68 | 0.49 | 0.45 | 0.40 | 0.33 |
| Gross margin | 24.1% | 26.6% | 25.3% | 25.3% | 24.3% | 22.5% | 19.8% | 19.7% | 20.4% | 19.7% |
| Operating income | 0.51 | 0.71 | 0.59 | 0.64 | 0.52 | 0.32 | 0.19 | 0.16 | 0.14 | 0.11 |
| Operating margin | 11.5% | 15.7% | 14.6% | 15.4% | 13.9% | 10.5% | 7.5% | 7.1% | 7.1% | 6.4% |
| Net income | 0.40 | 0.56 | 0.47 | 0.49 | 0.40 | 0.24 | 0.13 | 0.11 | 0.07 | 0.06 |
| Net margin | 9.1% | 12.5% | 11.5% | 11.9% | 10.6% | 7.9% | 5.1% | 4.7% | 3.7% | 3.3% |
| Diluted EPS | $14.74 | $19.71 | $16.21 | $17.24 | $13.28 | $8.23 | $4.47 | $3.72 | $2.27 | $1.84 |
| Free cash flow | 0.13 | 0.17 | 0.55 | 0.17 | -0.03 | 0.16 | 0.06 | -0.01 | -0.06 | 0.02 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open MHO in Markets.
How M I Homes makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Construction | $1.03B | 95.8% |
| Financial Service | $32.7M | 3.0% |
| Land | $12.0M | 1.1% |
See also: MHO valuation and P/E history · MHO returns
No forecast, no recommendation. This page describes M I Homes Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.