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M/I Homes MHO Q3 2024 earnings

Reported October 30, 2024 · Before market open

Revenue$1.1BBeat by $15.8M
EPS$5.10Beat by $0.16
Revenue estimate$1.1B
EPS estimate$4.94

Next report

Oct 28, 2026 (in 3 months)
Revenue estimate$1.1B
EPS estimate$3.39

Financials

Q3 2024

Income statement

See full
Revenue$1.1B+9.2%
Gross profit$309.4M+9.8%
Net income$145.4M+4.6%
EPS (diluted)$5.10+5.8%

Balance sheet

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Cash & equivalents$719.9M-2.2%
Total debt$56.7M-4.7%
Total equity$2.8B+17.3%
Total assets$4.5B+11.4%

Cash flow

See full
CapEx$580.0K-76.7%

Valuation & ratios

Valuation

as of 09/30/24
See full
Market cap$4.78B+104%
Enterprise value$4.11B+147%
P/E8.9×+4.1×
P/S1.1×+0.6×

Profitability

See full
Gross margin26.8%+2.3pp
Net margin12.5%+1.1pp

Returns & leverage

See full
Return on equity20.3%-2.2pp
Debt / equity0.0×

Segments

By geography

See full
Southern Homebuilding$614.4M-8.9%
Northern Homebuilding$498.5M+43.1%
Financial Service$30.0M

By product

See full
Construction$1.1B+10.2%
Land$1.6M-89.3%

Versus estimates

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Questions, answered.

When did M/I Homes report Q3 2024 earnings?
M/I Homes (MHO) reported Q3 2024 earnings on October 30, 2024 before market open.
What were M/I Homes's Q3 2024 revenue and EPS?
M/I Homes reported revenue of $1.1B and eps of $5.10 for Q3 2024.
Did M/I Homes beat estimates in Q3 2024?
Revenue beat the consensus estimate of $1.1B by $15.8M. EPS beat the consensus estimate of $4.94 by $0.16.
Where can I find M/I Homes's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0000799292-24-000092) directly on SEC EDGAR. The filing index links above go to sec.gov.