What is M/I Homes's financial service — land and housing?

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

What does financial service — land and housing mean?

This metric tracks the direct costs associated with land acquisition and housing construction specifically allocated to the financial services segment. It identifies capital tied up in real estate assets managed or held by the financial services division. A zero or low value indicates that the segment focuses on service-based revenue rather than direct property development.

M/I Homes (MHO) Financial Service — Land and housing

Screener

Other geography segments

Southern Homebuilding

$414.67M+2.7%

Northern Homebuilding

$303.45M-5.0%

Similar metrics at other companies

SNAProduct And Services, Excluding Financial Services — Cost of Product and Service Sold

$749.7M+5.3%

KBHHousing — Cost of Product and Service Sold

$932.05M-23.9%

HPEFinancial Services — Cost of products and services

$714M-2.3%

OIIService — Cost of services and products

$408.21M+2.1%

TDS

TDSService — Cost of goods and services

$124.03M+6.6%

AMTService — Services

$33.4M-30.6%

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 us-gaap:CostOfGoodsAndServicesSold.

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, except per common share amounts)	Three Months Ended March 31, 2026	Three Months Ended March 31, 2025
Revenue	$920,707	$976,093
Costs and expenses:
Land and housing	$718,116	$723,310
General and administrative	61,186	59,073
Selling	55,340	52,786
Interest income, net of interest expense	(3,105)	(5,197)
Total costs and expenses	$831,537	$829,972
Income before income taxes	89,170	146,121

Item 6. Exhibits [42](#i5b32b39a8529406f9be4b5921b543fe1_184)

FAQ

What is M/I Homes's financial service — land and housing?: M/I Homes (MHO) reported financial service — land and housing of $0 in Q1 2026.
What does financial service — land and housing mean?: This metric tracks the direct costs associated with land acquisition and housing construction specifically allocated to the financial services segment. It identifies capital tied up in real estate assets managed or held by the financial services division. A zero or low value indicates that the segment focuses on service-based revenue rather than direct property development.