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M/I Homes MHO Gross margin

Gross margin at other companies

D.R. Horton logo
D.R. HortonDHI
22.8%-2.7pp
Green Brick Partners logo
Green Brick PartnersGRBK
31.6%-2.7pp
Taylor Morrison Home Corporation logo
Taylor Morrison Home CorporationTMHC
22.3%-2.0pp
Skyline Champion logo
Skyline ChampionSKY
26.4%-0.3pp
Cavco Industries logo
Cavco IndustriesCVCO
23.5%+0.4pp
Toll Brothers logo
Toll BrothersTOL
24.2%-2.0pp

Other financials

Income statement

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Revenue$920.7M-5.7%
Gross profit$202.6M-19.9%
Net income$67.8M-39.0%
EPS (diluted)$2.55-35.9%

Balance sheet

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Cash & equivalents$767.4M-1.2%
Total debt$54.9M-6.9%
Total equity$3.2B+6.2%
Total assets$4.8B+4.4%

Cash flow

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Operating cash flow$135.7M+109%
CapEx$154.0K-88.5%
Free cash flow$135.6M+113%

Valuation

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Market cap$3.82B+1.9%
Enterprise value$3.1B+2.7%
P/E10.6×+3.6×
P/S0.9×0.0×

Profitability

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Net margin8.2%-3.9pp
FCF margin5.4%

Returns & leverage

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Return on equity11.6%-7.4pp
Debt / equity0.0×

Where this comes from

Calculated from M/I Homes’s reported figures.

Based on trailing twelve months.

The official record: M/I Homes’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is M/I Homes's gross margin?
M/I Homes (MHO) reported gross margin of 22.2% in Q1 2026.
How has M/I Homes's gross margin changed year-over-year?
M/I Homes's gross margin decreased by 15.9% year-over-year, from 26.3% to 22.2%.
What is the long-term trend for M/I Homes's gross margin?
Over 5 years (2020 to 2025), M/I Homes's gross margin has grown at a 0.5% compound annual growth rate (CAGR), from 22.5% to 23%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.