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M/I Homes MHO Northern Homebuilding — Inventory

Other geography segments

Southern Homebuilding
$2.2B+5.0%
Corporate and Other
$0
Financial Service
$0

Similar metrics at other companies

Toll Brothers logo
TOLNorth — Inventory
$1.39B+12.5%
KB Home logo
KBHHomebuilding — Inventories
$156.95M+4.3%
KB Home logo
KBHHomebuilding — Inventory, Operative Builders
$5.7B-4.0%
Green Brick Partners logo
GRBKHomebuilders — Total inventory
$982.37M-6.4%
Toll Brothers logo
TOLHouse and land inventory
$11.38B+3.5%
Lennar logo
LENHomebuilding — Inventory, Real Estate, Homebuilding Deposits and Pre-Acquisition Costs
$94.1M+39.0%

Other financials

Income statement

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Revenue$920.7M-5.7%
Gross profit$202.6M-19.9%
Net income$67.8M-39.0%
EPS (diluted)$2.55-35.9%

Balance sheet

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Cash & equivalents$767.4M-1.2%
Total debt$54.9M-6.9%
Total equity$3.2B+6.2%
Total assets$4.8B+4.4%

Cash flow

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Operating cash flow$135.7M+109%
CapEx$154.0K-88.5%
Free cash flow$135.6M+113%

Valuation

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Market cap$3.8B+1.9%

Profitability

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Gross margin22.2%-4.2pp
Net margin8.2%-3.9pp
FCF margin5.4%

Returns & leverage

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Return on equity11.6%-7.4pp
Debt / equity0.0×

Where this comes from

Reported directly by M/I Homes in its filing.

Tagged under the XBRL concept mho:InventorySegments.

The official record: M/I Homes’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is M/I Homes's northern homebuilding — inventory?
M/I Homes (MHO) reported northern homebuilding — inventory of $1.12B in Q1 2026.
How has M/I Homes's northern homebuilding — inventory changed year-over-year?
M/I Homes's northern homebuilding — inventory increased by 7.6% year-over-year, from $1.04B to $1.12B.
What is the long-term trend for M/I Homes's northern homebuilding — inventory?
Over 4 years (2021 to 2025), M/I Homes's northern homebuilding — inventory has grown at a 5.1% compound annual growth rate (CAGR), from $3.65B to $4.46B.
What does northern homebuilding — inventory mean?
Includes the value of land under development, finished homes, and construction materials held within the Northern region. High levels indicate a robust pipeline of future sales, while excessive levels may signal potential market absorption risks.