What is M/I Homes's financial service — inventory?

M/I Homes (MHO) reported financial service — inventory of $0 in Q1 2026.

What does financial service — inventory mean?

This encompasses the total value of real estate assets held by the segment, including land, lots, homes under construction, and model homes. It represents the primary capital investment in the physical product that will eventually be sold to customers. High levels of inventory may indicate growth potential, but also carry risks related to market demand and carrying costs.

M/I Homes (MHO) Financial Service — Inventory

Screener

Other geography segments

Southern Homebuilding

$2.2B+5.0%

Northern Homebuilding

$1.12B+7.6%

Corporate and Other

$0—

Similar metrics at other companies

TOLMountain — Inventory

$2.75B-2.0%

TOLNorth — Inventory

$1.39B+12.5%

TOLPacific — Inventory

$2.33B+14.6%

TOLSouth — Inventory

$2.54B+13.9%

DUKInventory

$4.43B+1.0%

BRKRInventory

$11.6M+41.5%

Other financials

Income statement

See full

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

See full

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

See full

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

See full

Gross margin21.5%-4.0pp

Net margin7.4%-4.0pp

FCF margin5.4%—

Returns & leverage

See full

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 mho:InventorySegments.

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 / Northern	March 31, 2026 / Southern	March 31, 2026 / Financial Services	March 31, 2026 / Segment Total	Corporate and Unallocated	Total
Deposits on real estate under option or contract	$23,760	$60,183	—	$83,943	—	$83,943
Inventory (a)	1,119,155	2,196,003	—	3,315,158	—	3,315,158
Investments in joint venture arrangements	—	68,357	—	68,357	—	68,357
Other assets	45,880	145,451	369,719	561,050	759,878	1,320,928
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 — inventory?: M/I Homes (MHO) reported financial service — inventory of $0 in Q1 2026.
What does financial service — inventory mean?: This encompasses the total value of real estate assets held by the segment, including land, lots, homes under construction, and model homes. It represents the primary capital investment in the physical product that will eventually be sold to customers. High levels of inventory may indicate growth potential, but also carry risks related to market demand and carrying costs.