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M/I Homes MHO Financial Service — Total Assets

Other geography segments

Southern Homebuilding
$2.47B+4.1%
Northern Homebuilding
$1.19B+7.8%
Corporate and Other
$759.88M-4.8%

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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:Assets.

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)March 31, 2026 / NorthernMarch 31, 2026 / SouthernMarch 31, 2026 / Financial ServicesMarch 31, 2026 / Segment TotalCorporate and UnallocatedTotal
Deposits on real estate under option or contract$23,760$60,183$83,943$83,943
Inventory (a)1,119,1552,196,0033,315,1583,315,158
Investments in joint venture arrangements68,35768,35768,357
Other assets45,880145,451369,719561,050759,8781,320,928
Total assets$1,188,795$2,469,994$369,719$4,028,508$759,878$4,788,386

Item 6. Exhibits [42](#i5b32b39a8529406f9be4b5921b543fe1_184)

FAQ

What is M/I Homes's financial service — total assets?
M/I Homes (MHO) reported financial service — total assets of $369.72M in Q1 2026.
How has M/I Homes's financial service — total assets changed year-over-year?
M/I Homes's financial service — total assets increased by 18.5% year-over-year, from $312.03M to $369.72M.
What does financial service — total assets mean?
Represents the total economic resources controlled by the financial services segment, primarily consisting of mortgage loans held for sale and related financial instruments. This metric reflects the scale of the company's captive mortgage lending operations and the capital deployed to support homebuyer financing. Monitoring this balance helps investors assess the segment's capacity to generate interest income and its exposure to credit and liquidity risks within the mortgage portfolio.

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