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M/I Homes MHO Financial Service — Revenue

Other geography segments

Southern Homebuilding
$512.57M-4.0%
Northern Homebuilding
$376.91M-8.2%

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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
Revenue:
Northern homebuilding$376,906$410,377
Southern homebuilding512,570534,196
Financial services (a)31,23131,520
Total revenue$920,707$976,093
Cost of Sales:
Northern homebuilding$303,451$319,459
Southern homebuilding414,665403,851

Item 6. Exhibits [42](#i5b32b39a8529406f9be4b5921b543fe1_184)

FAQ

What is M/I Homes's financial service — revenue?
M/I Homes (MHO) reported financial service — revenue of $31.23M in Q1 2026.
How has M/I Homes's financial service — revenue changed year-over-year?
M/I Homes's financial service — revenue decreased by 0.9% year-over-year, from $31.52M to $31.23M.
What is the long-term trend for M/I Homes's financial service — revenue?
Over 4 years (2021 to 2025), M/I Homes's financial service — revenue has grown at a 5.3% compound annual growth rate (CAGR), from $102.03M to $125.46M.
What does financial service — revenue mean?
This represents the total gross income generated by the financial services segment, primarily through mortgage lending and title services provided to home buyers. It reflects the segment's ability to capture value from the company's core homebuilding customer base. Monitoring this metric helps assess the segment's market penetration and the effectiveness of its integrated service model.

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