M/I Homes (MHO) Northern Homebuilding — Investment in joint venture arrangements

Screener

Other geography segments

Southern Homebuilding

$68.36M-3.4%

Corporate and Other

$0—

Financial Service

$0—

Similar metrics at other companies

KBHHomebuilding — Investment in unconsolidated joint venture

$78.77M+36.8%

KBHFinancial services — Investment in unconsolidated joint venture

$13.64M-22.6%

MTHHomebuilding Segment — Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures

$30.69M+46.4%

HOVNortheast — Investments In Affiliates Subsidiaries Associates And Joint Ventures

$97.02M+21.8%

HOVSoutheast — Investments In Affiliates Subsidiaries Associates And Joint Ventures

$29.77M-46.2%

HOVWest — Investments In Affiliates Subsidiaries Associates And Joint Ventures

$34.07M+437%

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:EquityMethodInvestments.

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 northern homebuilding — investment in joint venture arrangements?: M/I Homes (MHO) reported northern homebuilding — investment in joint venture arrangements of $0 in Q1 2026.
What does northern homebuilding — investment in joint venture arrangements mean?: Represents the company's equity stake in collaborative projects with third-party developers or landowners in the Northern region. This metric reflects the company's strategy to share development risks and leverage external expertise to expand its regional footprint.