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M/I Homes MHO Construction — Revenue

Other product segments

Land
$18.95M+184%

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Other financials

Income statement

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Revenue$1.1B-8.5%
Gross profit$235.5M-17.8%
Net income$79.1M-34.8%
EPS (diluted)$0.12-97.3%

Balance sheet

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Cash & equivalents$735.9M-8.1%
Total debt$949.3M+1,537%
Total equity$3.2B+4.7%
Total assets$4.9B+2.4%

Cash flow

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Operating cash flow$36.8M-2.5%
CapEx$154.0K-88.5%
Free cash flow$135.6M+113%

Valuation

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Market cap$3.71B+8.6%
Enterprise value$3.03B+46.8%
P/E11.7×+5.0×
P/S0.9×+0.1×

Profitability

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Gross margin21.5%-4.0pp
Net margin7.4%-4.0pp
FCF margin5.4%

Returns & leverage

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Return on equity10.1%-7.5pp
Debt / equity0.3×+0.3×

Where this comes from

Reported directly by M/I Homes in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: M/I Homes’s 10-Q, filed April 24, 2026.

Filed
Apr 24, 2026, 11:12 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000799292-26-000017
(In thousands)Three Months Ended March 31, 2026Three Months Ended March 31, 2025
Housing$878,610$940,031
Land sales10,8664,542
Financial services (a)31,23131,520
Total revenue$920,707$976,093

Item 6. Exhibits [42](#i5b32b39a8529406f9be4b5921b543fe1_184)

FAQ

What is M/I Homes's construction — revenue?
M/I Homes (MHO) reported construction — revenue of $878.61M in Q1 2026.
How has M/I Homes's construction — revenue changed year-over-year?
M/I Homes's construction — revenue decreased by 6.5% year-over-year, from $940.03M to $878.61M.
What is the long-term trend for M/I Homes's construction — revenue?
Over 4 years (2021 to 2025), M/I Homes's construction — revenue has grown at a 4.2% compound annual growth rate (CAGR), from $3.63B to $4.27B.
What does construction — revenue mean?
This metric measures the total revenue recognized from the sale of residential homes and related construction services. It reflects the company's ability to successfully execute its development pipeline and convert housing inventory into realized sales. Analyzing this revenue stream provides insight into the operational efficiency and market competitiveness of the company's primary homebuilding product line.

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