tradmap

MHO Financials M/I Homes, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 7.7% per year over the past 5 years.
  • Net income has grown faster than revenue (10.9% vs 7.7% per year).
  • Operating margin has been roughly flat, at 11.5% in the latest year.
  • Free cash flow has declined 4.0% per year over the past 5 years.
Revenue & net income
-$34M $2B $5B $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-6% 10% 27% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$135M $205M $546M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $411M $822M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$210M $171M $552M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $4.4B $403M 23.0% 11.5% $128M $689M
2024 $4.5B $564M 26.6% 15.7% $171M $822M
2023 $4.0B $465M 25.3% 14.6% $546M $733M
2022 $4.1B $491M 25.3% 15.4% $175M $312M
2021 $3.7B $397M 24.3% 13.8% -$42M $236M
2020 $3.0B $240M 22.5% 10.5% $157M $261M
2019 $2.5B $128M 19.8% 7.5% $61M $6M
2018 $2.3B $108M 19.7% 7.1% -$11M $22M
2017 $2.0B $72M 20.4% 7.1% -$62M $152M
2016 $1.7B $57M 0.0% 6.4% $21M $34M
2015 $1.4B $52M 0.0% 7.9% -$86M
2014 $1.2B $51M 0.0% 6.8% -$135M
2013 $1.0B $151M 0.0% 5.7% -$76M
2012 $762M $13M 0.0% 3.8% -$48M
2011 $566M -$34M 0.0% -3.3% -$35M

Valuation over time

How the market has priced MHO against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 5.1 10.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 0.5 1.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is MHO growing its revenue and profit?

Over the past 5 years, M/I Homes, Inc.'s revenue has grown 7.7% per year, and net income grown 10.9% per year. These are computed facts, not advice.

How much debt does MHO have?

As of FY2025, M/I Homes, Inc. reported — of total debt against $689M of cash.

What is MHO's profit margin?

In FY2025, gross margin was 23.0%, operating margin 11.5%, and net margin 9.1%.

What is MHO's P/E ratio?

As of Jun '26, M/I Homes, Inc. traded at a price-to-earnings ratio of about 10.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.