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M/I Homes MHO Northern Homebuilding — G&A

Other geography segments

Corporate and Other
$18.77M+2.2%
Southern Homebuilding
$18.24M-3.0%
Financial Service
$14.51M+13.8%

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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:GeneralAndAdministrativeExpense.

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
Financial services (a)
Total cost of sales$718,116$723,310
General and administrative expense:
Northern homebuilding$9,668$9,136
Southern homebuilding18,23918,808
Financial services (a)14,50712,753
Segment general and administrative expense$42,414$40,697
Corporate and unallocated general and administrative expense18,77218,376

Item 6. Exhibits [42](#i5b32b39a8529406f9be4b5921b543fe1_184)

FAQ

What is M/I Homes's northern homebuilding — G&A?
M/I Homes (MHO) reported northern homebuilding — G&A of $9.67M in Q1 2026.
How has M/I Homes's northern homebuilding — G&A changed year-over-year?
M/I Homes's northern homebuilding — G&A increased by 5.8% year-over-year, from $9.14M to $9.67M.
What is the long-term trend for M/I Homes's northern homebuilding — G&A?
Over 3 years (2022 to 2025), M/I Homes's northern homebuilding — G&A has grown at a 3.9% compound annual growth rate (CAGR), from $36.66M to $41.1M.
What does northern homebuilding — G&A mean?
Captures the overhead expenses required to manage and support homebuilding operations in the Northern region, excluding direct construction costs. Monitoring this helps evaluate the operational leverage and cost-management discipline of the regional management team.

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