# M/I Homes Inc. (MHO)

**Exchange:** NYSE  
**Sector:** Consumer Cyclical  
**Market cap:** $3.86B  
**Price:** $141.33 (-0.44%)

> M/I Homes Inc. is a prominent homebuilding company in the United States that constructs and sells single-family homes, catering primarily to first-time and move-up buyers. Established in 1976 and headquartered in Columbus, Ohio, the company operates across several key markets including the Midwest, Southeast, Texas, and the Mid-Atlantic. M/I Homes excels in creating communities that offer modern designs and functional layouts, thereby enhancing the quality of residential living.

The core functionality of M/I Homes lies in its end-to-end involvement in the homebuilding process, which includes land acquisition, development, home design, construction, sale, and after-sale service. This integrated approach allows for quality control and the ability to adapt quickly to market demands. 

In the context of the financial market, M/I Homes Inc. plays a critical role in contributing to the housing sector, which is a key component of the broader economic framework. The performance of its stock is often reflective of housing market trends, consumer confidence, and interest rate fluctuations. As such, M/I Homes Inc. holds substantial significance among investors and stakeholders interested in the real estate and construction sectors.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $4.42B | — | $507M | $403M | $14.74 |
| 2024 | $4.50B | — | $706M | $564M | $19.71 |
| 2023 | $4.03B | — | $587M | $465M | $16.21 |
| 2022 | $4.13B | — | $637M | $491M | $17.24 |
| 2021 | $3.75B | — | $518M | $397M | $13.28 |
| 2020 | $3.05B | — | $319M | $240M | $8.23 |
| 2019 | $2.50B | — | $187M | $128M | $4.48 |
| 2018 | $2.29B | — | $163M | $108M | $3.70 |
| 2017 | $1.96B | — | $139M | $72M | $2.26 |
| 2016 | $1.69B | — | $109M | $57M | $1.84 |
| 2015 | $1.42B | — | $112M | $52M | $1.68 |
| 2014 | $1.22B | — | $83M | $51M | $1.65 |
| 2013 | $1.04B | — | $59M | $151M | $5.24 |
| 2012 | $762M | — | $29M | $13M | $0.67 |
| 2011 | $566M | — | -$19M | -$34M | $-1.81 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $4.78B | $1.61B | $3.17B | $689M | — |
| 2024 | $4.55B | $1.61B | $2.94B | $822M | — |
| 2023 | $4.02B | $1.51B | $2.52B | $733M | — |
| 2022 | $3.71B | $1.64B | $2.07B | $312M | — |
| 2021 | $3.24B | $1.62B | $1.62B | $236M | — |
| 2020 | $2.64B | $1.38B | $1.26B | $261M | — |
| 2019 | $2.11B | $1.10B | $1.00B | $6M | — |
| 2018 | $2.02B | $1.17B | $855M | $22M | — |
| 2017 | $1.86B | $1.12B | $747M | $152M | — |
| 2016 | $1.55B | $894M | $654M | $34M | — |
| 2015 | $1.42B | $819M | $597M | $10M | — |
| 2014 | $1.21B | $667M | $544M | $16M | — |
| 2013 | $1.11B | $617M | $493M | $129M | — |
| 2012 | $831M | $496M | $335M | $145M | — |
| 2011 | $664M | $391M | $273M | $60M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | — | $10M | $128M |
| 2024 | — | $8M | $171M |
| 2023 | — | $6M | $546M |
| 2022 | — | $9M | $175M |
| 2021 | — | $25M | -$42M |
| 2020 | — | $12M | $157M |
| 2019 | — | $5M | $61M |
| 2018 | — | $8M | -$11M |
| 2017 | — | $9M | -$61M |
| 2016 | — | $13M | $21M |
| 2015 | — | $4M | -$86M |
| 2014 | — | $3M | -$136M |
| 2013 | — | $2M | -$76M |
| 2012 | — | $933,000 | -$48M |
| 2011 | — | $1M | -$35M |

Source: [DividendWall](https://dividendwall.com/company/MHO)