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M/I Homes MHO Northern Homebuilding — Revenue

Other geography segments

Southern Homebuilding
$512.57M-4.0%
Financial Service
$31.23M-0.9%

Similar metrics at other companies

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MTHHomebuilding — Revenue
$1.12B-17.7%
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TOLNorth — Revenue
$398.64M+5.3%
KB Home logo
KBHHomebuilding — Revenue
$1.07B-22.7%
Meritage Homes logo
MTHHomebuilding Segment — Revenue
$1.12B-17.7%
NVR logo
NVRNorth East — Revenue
$240.48M-16.7%
Lennar logo
LENHomebuilding — Revenue
$6.3B-13.5%

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$3.82B+1.9%
Enterprise value$3.1B+2.7%
P/E10.6×+3.6×
P/S0.9×0.0×

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 us-gaap:Revenues.

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 — revenue?
M/I Homes (MHO) reported northern homebuilding — revenue of $376.91M in Q1 2026.
How has M/I Homes's northern homebuilding — revenue changed year-over-year?
M/I Homes's northern homebuilding — revenue decreased by 8.2% year-over-year, from $410.38M to $376.91M.
What is the long-term trend for M/I Homes's northern homebuilding — revenue?
Over 4 years (2021 to 2025), M/I Homes's northern homebuilding — revenue has grown at a 4.3% compound annual growth rate (CAGR), from $1.6B to $1.89B.
What does northern homebuilding — revenue mean?
Represents the total gross income generated from residential construction and home sales activities within the Northern geographic region. This metric reflects the scale of market demand and the company's ability to execute on housing projects in this specific territory.