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M/I Homes MHO Operating Segments — Investment in joint venture arrangements

Other geography segments

Southern Homebuilding
$68.36M-3.4%
Corporate and Other
$0
Financial Service
$0
Northern Homebuilding
$0

Similar metrics at other companies

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KBHHomebuilding — Investment in unconsolidated joint venture
$78.77M+36.8%
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KBHFinancial services — Investment in unconsolidated joint venture
$13.64M-22.6%
Hovnanian Enterprises, Inc. logo
HOVNortheast — Investments In Affiliates Subsidiaries Associates And Joint Ventures
$97.02M+21.8%
Hovnanian Enterprises, Inc. logo
HOVSoutheast — Investments In Affiliates Subsidiaries Associates And Joint Ventures
$29.77M-46.2%
Hovnanian Enterprises, Inc. logo
HOVWest — Investments In Affiliates Subsidiaries Associates And Joint Ventures
$34.07M+437%
McEwen Mining logo
MUXAR — Investments In Affiliates Subsidiaries Associates And Joint Ventures
$272.1M-6.3%

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 / NorthernMarch 31, 2026 / SouthernMarch 31, 2026 / Financial ServicesMarch 31, 2026 / Segment TotalCorporate and UnallocatedTotal
Deposits on real estate under option or contract$23,760$60,183$83,943$83,943
Inventory (a)1,119,1552,196,0033,315,1583,315,158
Investments in joint venture arrangements68,35768,35768,357
Other assets45,880145,451369,719561,050759,8781,320,928
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 operating segments — investment in joint venture arrangements?
M/I Homes (MHO) reported operating segments — investment in joint venture arrangements of $68.36M in Q1 2026.
How has M/I Homes's operating segments — investment in joint venture arrangements changed year-over-year?
M/I Homes's operating segments — investment in joint venture arrangements decreased by 3.4% year-over-year, from $70.73M to $68.36M.
What does operating segments — investment in joint venture arrangements mean?
This represents the segment's equity interest in partnerships or joint ventures formed to develop land or build residential communities. These arrangements allow the company to share development risks and capital requirements with other entities. It provides insight into the company's strategy for leveraging external capital and expertise.

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