Complete financial analysis of M/I Homes, Inc. (MHO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of M/I Homes, Inc., a leading company in the Residential Construction industry within the Consumer Cyclical sector.
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M/I Homes, Inc. (MHO)
About M/I Homes, Inc.
M/I Homes, Inc., together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments. It designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers under the M/I Homes brand name. The company also purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. In addition, it originates and sells mortgages; and serves as a title insurance agent by providing title insurance policies, examination, and closing services to purchasers of its homes. The company was formerly known as M/I Schottenstein Homes, Inc. and changed its name to M/I Homes, Inc. in January 2004. M/I Homes, Inc. was founded in 1976 and is based in Columbus, Ohio.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.03B | 4.13B | 3.75B | 3.05B | 2.50B | 2.29B | 1.96B | 1.69B | 1.42B | 1.22B | 1.04B | 761.91M | 566.42M | 616.38M | 569.95M | 607.66M | 1.02B | 1.36B | 1.35B | 1.17B | 1.07B | 1.03B | 976.77M | 935.04M | 852.40M | 739.60M | 614.00M | 577.20M | 527.80M | 491.70M | 446.10M |
| Cost of Revenue | 3.01B | 3.09B | 2.84B | 2.37B | 2.01B | 1.84B | 1.57B | 1.36B | 1.12B | 962.45M | 830.31M | 614.04M | 489.12M | 511.41M | 550.41M | 685.46M | 832.60M | 1.01B | 1.01B | 875.61M | 796.73M | 783.75M | 755.21M | 733.94M | 665.70M | 586.70M | 493.00M | 466.70M | 430.20M | 402.00M | 363.90M |
| Gross Profit | 1.02B | 1.04B | 908.92M | 676.34M | 489.43M | 443.77M | 393.27M | 329.15M | 300.09M | 252.73M | 206.47M | 147.86M | 77.30M | 104.97M | 19.54M | -77.81M | 183.86M | 344.77M | 340.12M | 299.02M | 272.84M | 249.27M | 221.55M | 201.10M | 186.70M | 152.90M | 121.00M | 110.50M | 97.60M | 89.70M | 82.20M |
| Gross Profit Ratio | 25.26% | 25.27% | 24.26% | 22.20% | 19.57% | 19.41% | 20.04% | 19.46% | 21.16% | 20.80% | 19.91% | 19.41% | 13.65% | 17.03% | 3.43% | -12.80% | 18.09% | 25.36% | 25.24% | 25.46% | 25.51% | 24.13% | 22.68% | 21.51% | 21.90% | 20.67% | 19.71% | 19.14% | 18.49% | 18.24% | 18.43% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 222.77M | 214.81M | 192.01M | 177.55M | 147.95M | 137.78M | 126.28M | 111.60M | 93.21M | 88.83M | 79.49M | 62.63M | 52.66M | 53.96M | 59.17M | 77.46M | 171.02M | 196.66M | 164.59M | 139.38M | 128.10M | 126.26M | 120.34M | 108.05M | 101.40M | 91.40M | 78.20M | 72.90M | 65.20M | 0.00 | 0.00 |
| Selling & Marketing | 208.94M | 191.58M | 198.61M | 179.54M | 154.38M | 142.83M | 128.33M | 108.81M | 95.09M | 81.15M | 68.28M | 56.41M | 43.53M | 48.08M | 43.95M | 54.22M | 77.97M | 93.62M | 83.93M | 74.43M | 68.48M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 431.71M | 406.39M | 390.62M | 357.08M | 302.34M | 280.61M | 254.61M | 220.41M | 188.30M | 169.98M | 147.78M | 119.03M | 96.20M | 102.04M | 103.12M | 131.68M | 171.02M | 196.66M | 164.59M | 139.38M | 128.10M | 126.26M | 120.34M | 108.05M | 101.40M | 91.40M | 78.20M | 72.90M | 65.20M | 59.00M | 52.00M |
| Other Expenses | 0.00 | 6.00K | 2.05M | 466.00K | 0.00 | -5.81M | -7.68M | -3.99M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 941.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.12M | 2.20M | 1.80M | 1.60M | 1.40M | 1.80M | 60.60M | 53.60M |
| Operating Expenses | 431.71M | 406.39M | 390.62M | 357.08M | 302.34M | 280.61M | 254.61M | 220.41M | 188.30M | 169.98M | 147.78M | 119.03M | 96.20M | 102.04M | 103.12M | 131.68M | 171.02M | 196.66M | 164.59M | 139.38M | 128.10M | 126.26M | 120.34M | 110.18M | 103.60M | 93.20M | 79.80M | 74.30M | 67.00M | 60.60M | 53.60M |
| Cost & Expenses | 3.46B | 3.49B | 3.23B | 2.73B | 2.31B | 2.12B | 1.82B | 1.58B | 1.31B | 1.13B | 978.09M | 733.08M | 585.32M | 613.45M | 653.53M | 817.14M | 1.00B | 1.21B | 1.17B | 1.01B | 924.83M | 910.02M | 875.56M | 844.12M | 769.30M | 679.90M | 572.80M | 541.00M | 497.20M | 462.60M | 417.50M |
| Interest Income | 0.00 | 2.87M | 1.76M | 6.76M | 17.72M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 2.25M | 2.16M | 9.68M | 21.38M | 20.48M | 18.87M | 17.60M | 17.52M | 13.37M | 15.94M | 16.07M | 15.01M | 9.42M | 8.47M | 11.20M | 15.34M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 14.49M | 14.61M | 14.33M | 15.06M | 13.24M | 11.74M | 10.70M | 10.20M | 7.62M | 5.95M | 4.97M | 6.36M | 7.57M | 7.76M | 7.87M | 7.75M | 7.99M | 6.73M | 4.50M | 2.45M | 2.38M | 2.24M | 2.01M | 2.12M | 2.20M | 1.80M | 1.60M | 1.40M | 1.80M | 1.60M | 1.60M |
| EBITDA | 591.36M | 652.06M | 532.63M | 339.83M | 202.32M | 182.59M | 154.28M | 120.83M | 121.44M | 89.68M | 68.09M | 38.57M | -11.32M | -10.23M | -76.65M | -196.17M | -127.54M | 135.04M | 178.94M | 162.09M | 147.12M | 125.25M | 103.22M | 93.04M | 85.30M | 61.50M | 42.80M | 37.60M | 32.40M | 30.70M | 30.20M |
| EBITDA Ratio | 14.66% | 15.43% | 13.89% | 10.50% | 7.50% | 7.15% | 7.09% | 6.47% | 7.92% | 6.84% | 5.69% | 3.78% | -3.34% | 1.73% | -14.66% | 100.00% | 16.65% | 16.67% | 13.36% | 13.80% | 13.75% | 12.12% | 10.57% | 9.95% | 10.01% | 8.32% | 6.97% | 6.51% | 6.14% | 6.24% | 6.77% |
| Operating Income | 576.86M | 637.45M | 518.30M | 319.26M | 187.09M | 163.16M | 146.34M | 112.74M | 115.43M | 86.21M | 64.50M | 32.33M | -18.90M | -9.61M | -83.58M | -209.48M | 12.84M | 148.12M | 175.54M | 159.64M | 144.74M | 123.01M | 101.21M | 90.92M | 83.10M | 59.70M | 41.20M | 36.20M | 30.60M | 29.10M | 28.60M |
| Operating Income Ratio | 14.30% | 15.43% | 13.84% | 10.48% | 7.48% | 7.14% | 7.46% | 6.67% | 8.14% | 7.09% | 6.22% | 4.24% | -3.34% | -1.56% | -14.66% | -34.47% | 1.26% | 10.90% | 13.03% | 13.59% | 13.53% | 11.91% | 10.36% | 9.72% | 9.75% | 8.07% | 6.71% | 6.27% | 5.80% | 5.92% | 6.41% |
| Total Other Income/Expenses | 30.42M | -2.24M | -9.18M | -14.73M | -23.05M | -21.87M | -23.26M | -20.95M | -28.50M | -16.48M | -23.16M | -19.57M | -15.01M | -17.79M | -30.88M | -5.64M | -163.72M | -88.00M | -14.11M | -8.34M | -9.64M | -8.24M | -16.17M | -18.35M | -14.30M | -13.10M | -11.80M | -13.10M | -14.10M | -9.90M | -10.00M |
| Income Before Tax | 607.28M | 635.21M | 509.11M | 310.04M | 166.03M | 141.29M | 120.32M | 91.79M | 86.93M | 69.74M | 41.34M | 12.76M | -33.90M | -27.40M | -92.99M | -215.12M | -150.88M | 60.12M | 161.43M | 151.30M | 135.10M | 109.20M | 85.04M | 72.56M | 68.80M | 46.60M | 29.40M | 23.10M | 16.50M | 19.20M | 18.60M |
| Income Before Tax Ratio | 15.06% | 15.38% | 13.59% | 10.18% | 6.64% | 6.18% | 6.13% | 5.43% | 6.13% | 5.74% | 3.99% | 1.67% | -5.99% | -4.45% | -16.32% | -35.40% | -14.84% | 4.42% | 11.98% | 12.88% | 12.63% | 10.57% | 8.71% | 7.76% | 8.07% | 6.30% | 4.79% | 4.00% | 3.13% | 3.90% | 4.17% |
| Income Tax Expense | 141.91M | 144.55M | 112.25M | 70.17M | 38.44M | 33.63M | 48.24M | 35.18M | 35.17M | 18.95M | -110.09M | -588.00K | -25.00K | -1.14M | -30.88M | 30.29M | -58.40M | 21.24M | 60.64M | 59.76M | 53.37M | 42.59M | 32.44M | 28.12M | 27.20M | 18.90M | 12.00M | 9.00M | 6.60M | 7.60M | 2.50M |
| Net Income | 465.37M | 490.66M | 396.87M | 239.87M | 127.59M | 107.66M | 72.08M | 56.61M | 51.76M | 50.79M | 151.42M | 13.35M | -33.88M | -26.27M | -62.11M | -245.45M | -128.13M | 38.88M | 100.79M | 91.53M | 81.73M | 66.61M | 55.28M | 44.44M | 41.60M | 27.70M | 17.40M | 12.80M | 9.90M | 11.60M | 16.10M |
| Net Income Ratio | 11.54% | 11.88% | 10.59% | 7.87% | 5.10% | 4.71% | 3.67% | 3.35% | 3.65% | 4.18% | 14.61% | 1.75% | -5.98% | -4.26% | -10.90% | -40.39% | -12.61% | 2.86% | 7.48% | 7.79% | 7.64% | 6.45% | 5.66% | 4.75% | 4.88% | 3.75% | 2.83% | 2.22% | 1.88% | 2.36% | 3.61% |
| EPS | 16.76 | 17.60 | 13.64 | 8.38 | 4.58 | 3.81 | 2.57 | 2.10 | 1.91 | 1.88 | 6.11 | 0.68 | -1.81 | -1.42 | -3.71 | -17.51 | -9.17 | 2.78 | 7.05 | 6.49 | 5.66 | 4.41 | 1.83 | 2.82 | 2.38 | 1.65 | 1.08 | 0.73 | 0.28 | 0.33 | 0.47 |
| EPS Diluted | 16.21 | 17.24 | 13.28 | 8.23 | 4.48 | 3.69 | 2.26 | 1.84 | 1.68 | 1.65 | 5.24 | 0.67 | -1.81 | -1.42 | -3.71 | -17.51 | -9.17 | 2.74 | 6.93 | 6.35 | 5.51 | 4.30 | 1.78 | 2.76 | 2.34 | 1.63 | 1.07 | 0.73 | 0.28 | 0.33 | 0.47 |
| Weighted Avg Shares Out | 27.77M | 27.88M | 29.09M | 28.61M | 27.85M | 28.22M | 25.77M | 24.67M | 24.58M | 24.46M | 23.82M | 19.65M | 18.70M | 18.52M | 16.73M | 14.02M | 13.98M | 13.97M | 14.30M | 14.11M | 14.43M | 15.10M | 30.18M | 15.77M | 17.52M | 16.79M | 16.22M | 17.60M | 17.60M | 17.60M | 21.99M |
| Weighted Avg Shares Out (Dil) | 28.72M | 28.46M | 29.88M | 29.15M | 28.48M | 29.18M | 30.69M | 30.12M | 30.05M | 29.91M | 28.76M | 19.89M | 18.70M | 18.52M | 16.73M | 14.02M | 13.98M | 14.17M | 14.54M | 14.41M | 14.83M | 15.51M | 31.06M | 16.11M | 17.77M | 16.98M | 16.30M | 17.60M | 17.60M | 17.60M | 21.99M |
M/I Homes (MHO) Laps the Stock Market: Here's Why
The latest trading day saw M/I Homes (MHO) settling at $119.59, representing a +0.64% change from its previous close.
Why the Market Dipped But M/I Homes (MHO) Gained Today
In the closing of the recent trading day, M/I Homes (MHO) stood at $120.45, denoting a +1.01% change from the preceding trading day.
May U.S. Housing Starts & Permits Decline Amid High Rates
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Should Value Investors Buy MI Homes (MHO) Stock?
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M/I Homes (MHO) Outperforms Broader Market: What You Need to Know
M/I Homes (MHO) reachead $125.99 at the closing of the latest trading day, reflecting a +0.26% change compared to its last close.
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Amid high mortgage rates, limited inventory is encouraging for the industry. Let's find out whether Tri Pointe (TPH) or M/I Homes (MHO) is a better housing stock.
Fast-paced Momentum Stock M/I Homes (MHO) Is Still Trading at a Bargain
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, M/I Homes (MHO) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum...
Pick These 5 Bargain Stocks With Alluring EV-to-EBITDA Ratios
We have screened bargain stocks MHO, DNOW, FSM, ODP and AIR based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.
Why the Market Dipped But M/I Homes (MHO) Gained Today
M/I Homes (MHO) closed at $127.26 in the latest trading session, marking a +0.13% move from the prior day.
Are Investors Undervaluing MI Homes (MHO) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Source: https://incomestatements.info
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