InsiderClue
Stocks · Industrials · Operative Builders

M/I HOMES, INC.

MHO Clue Score42
United States Fiscal year ends December CIK 0000799292
$127.82 -1.81% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $127.82 +120.95% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1,691.3Operating income108.7Net income56.6EPS, diluted1.84Fiscal year 2017Revenue1,962.0 +16.0%Operating income138.7Net income72.1 +27.3%EPS, diluted2.26 +22.8%Fiscal year 2018Revenue2,286.3 +16.5%Operating income163.2Net income107.7 +49.4%EPS, diluted3.70 +63.7%Fiscal year 2019Revenue2,500.3 +9.4%Operating income187.1Net income127.6 +18.5%EPS, diluted4.48 +21.1%Fiscal year 2020Revenue3,046.1 +21.8%Operating income319.3Net income239.9 +88.0%EPS, diluted8.23 +83.7%Fiscal year 2021Revenue3,745.9 +23.0%Operating income518.3Net income396.9 +65.4%EPS, diluted13.28 +61.4%Fiscal year 2022Revenue4,131.4 +10.3%Operating income637.5Net income490.7 +23.6%EPS, diluted17.24 +29.8%Fiscal year 2023Revenue4,033.5 −2.4%Operating income587.2Net income465.4 −5.2%EPS, diluted16.21 −6.0%Fiscal year 2024Revenue4,504.7 +11.7%Operating income706.1Net income563.7 +21.1%EPS, diluted19.71 +21.6%Fiscal year 2025Revenue4,417.8 −1.9%Operating income506.6Net income402.9 −28.5%EPS, diluted14.74 −25.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1,691.3 1,962.0 2,286.3 2,500.3 3,046.1 3,745.9 4,131.4 4,033.5 4,504.7 4,417.8
Growth +16.0% +16.5% +9.4% +21.8% +23.0% +10.3% −2.4% +11.7% −1.9%
Operating income 108.7 138.7 163.2 187.1 319.3 518.3 637.5 587.2 706.1 506.6
Net income 56.6 72.1 107.7 127.6 239.9 396.9 490.7 465.4 563.7 402.9
Growth +27.3% +49.4% +18.5% +88.0% +65.4% +23.6% −5.2% +21.1% −28.5%
EPS, diluted 1.84 2.26 3.70 4.48 8.23 13.28 17.24 16.21 19.71 14.74
Growth +22.8% +63.7% +21.1% +83.7% +61.4% +29.8% −6.0% +21.6% −25.2%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin6.4%Net margin3.3%Free cash flow margin1.2%Fiscal year 2017Operating margin7.1%Net margin3.7%Free cash flow margin−3.2%Fiscal year 2018Operating margin7.1%Net margin4.7%Free cash flow margin−0.5%Fiscal year 2019Operating margin7.5%Net margin5.1%Free cash flow margin2.4%Fiscal year 2020Operating margin10.5%Net margin7.9%Free cash flow margin5.1%Fiscal year 2021Operating margin13.8%Net margin10.6%Free cash flow margin−1.1%Fiscal year 2022Operating margin15.4%Net margin11.9%Free cash flow margin4.2%Fiscal year 2023Operating margin14.6%Net margin11.5%Free cash flow margin13.5%Fiscal year 2024Operating margin15.7%Net margin12.5%Free cash flow margin3.8%Fiscal year 2025Operating margin11.5%Net margin9.1%Free cash flow margin2.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 6.4% 7.1% 7.1% 7.5% 10.5% 13.8% 15.4% 14.6% 15.7% 11.5%
Net margin 3.3% 3.7% 4.7% 5.1% 7.9% 10.6% 11.9% 11.5% 12.5% 9.1%
Free cash flow margin 1.2% −3.2% −0.5% 2.4% 5.1% −1.1% 4.2% 13.5% 3.8% 2.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow34.2Capital expenditure−13.1Free cash flow21.1Buybacks0.0Dividends paid4.9Fiscal year 2017Operating cash flow−53.2Capital expenditure−8.8Free cash flow−62.0 −393.9%Buybacks0.0Dividends paid−3.7Fiscal year 2018Operating cash flow−2.6Capital expenditure−8.1Free cash flow−10.7Buybacks−25.7Dividends paid0.0Fiscal year 2019Operating cash flow65.6Capital expenditure−4.5Free cash flow61.1Buybacks−5.2Dividends paid0.0Fiscal year 2020Operating cash flow168.3Capital expenditure−11.7Free cash flow156.7 +156.4%Buybacks−1.9Fiscal year 2021Operating cash flow−16.8Capital expenditure−25.3Free cash flow−42.1 −126.9%Buybacks−51.5Fiscal year 2022Operating cash flow184.1Capital expenditure−9.3Free cash flow174.7Buybacks−55.3Fiscal year 2023Operating cash flow552.1Capital expenditure−5.8Free cash flow546.4 +212.7%Buybacks−65.3Fiscal year 2024Operating cash flow179.7Capital expenditure−8.4Free cash flow171.3 −68.6%Buybacks−177.0Fiscal year 2025Operating cash flow137.3Capital expenditure−9.6Free cash flow127.7 −25.4%Buybacks−202.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 34.2 −53.2 −2.6 65.6 168.3 −16.8 184.1 552.1 179.7 137.3
Capital expenditure −13.1 −8.8 −8.1 −4.5 −11.7 −25.3 −9.3 −5.8 −8.4 −9.6
Free cash flow 21.1 −62.0 −10.7 61.1 156.7 −42.1 174.7 546.4 171.3 127.7
Growth −393.9% +156.4% −126.9% +212.7% −68.6% −25.4%
Buybacks 0.0 0.0 −25.7 −5.2 −1.9 −51.5 −55.3 −65.3 −177.0 −202.0
Dividends paid 4.9 −3.7 0.0 0.0 n/a n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash34.4Shareholders’ equity654.2Fiscal year 2017Cash151.7Shareholders’ equity747.3Fiscal year 2018Cash21.5Shareholders’ equity855.3Fiscal year 2019Cash6.1Shareholders’ equity1,003.5Fiscal year 2020Cash260.8Shareholders’ equity1,258.7Fiscal year 2021Cash236.4Shareholders’ equity1,624.2Fiscal year 2022Cash311.5Shareholders’ equity2,070.7Fiscal year 2023Cash732.8Shareholders’ equity2,516.9Fiscal year 2024Cash821.6Shareholders’ equity2,939.7Fiscal year 2025Cash689.2Shareholders’ equity3,166.2
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 34.4 151.7 21.5 6.1 260.8 236.4 311.5 732.8 821.6 689.2
Shareholders’ equity 654.2 747.3 855.3 1,003.5 1,258.7 1,624.2 2,070.7 2,516.9 2,939.7 3,166.2

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
1,691.3 1,962.0 2,286.3 2,500.3 3,046.1 3,745.9 4,131.4 4,033.5 4,504.7 4,417.8
Growth +16.0% +16.5% +9.4% +21.8% +23.0% +10.3% −2.4% +11.7% −1.9%
n/a 1,561.0 1,836.7 2,005.9 2,361.4 2,837.0 3,087.6 3,014.6 3,305.8 3,400.6
111.6 126.3 137.8 148.0 177.5 192.0 214.8 222.8 258.4 262.8
108.7 138.7 163.2 187.1 319.3 518.3 637.5 587.2 706.1 506.6
Growth +27.5% +17.7% +14.7% +70.6% +62.3% +23.0% −7.9% +20.2% −28.3%
35.2 48.2 33.6 38.4 70.2 112.2 144.5 141.9 169.9 123.6
56.6 72.1 107.7 127.6 239.9 396.9 490.7 465.4 563.7 402.9
Growth +27.3% +49.4% +18.5% +88.0% +65.4% +23.6% −5.2% +21.1% −28.5%
Per share
2.10 2.57 3.81 4.58 8.38 13.64 17.60 16.76 20.29 15.07
1.84 2.26 3.70 4.48 8.23 13.28 17.24 16.21 19.71 14.74
Growth +22.8% +63.7% +21.1% +83.7% +61.4% +29.8% −6.0% +21.6% −25.2%
24.7 25.8 28.2 27.8 28.6 29.1 27.9 27.8 27.8 26.7
30.1 30.7 29.2 28.5 29.2 29.9 28.5 28.7 28.6 27.3
Growth +1.9% −4.9% −2.4% +2.4% +2.5% −4.7% +0.9% −0.4% −4.4%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 7.7% a year over five years, and earnings per share grew 12.4% a year.
  • The diluted share count fell 6.2% in five years, so buybacks did some of the work per share.
  • Operating margin is flat at 11.5%.
  • Profitable in every one of the 10 years on file.