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M/I Homes MHO Southern Homebuilding — Revenue

Other geography segments

Northern Homebuilding
$376.91M-8.2%
Financial Service
$31.23M-0.9%

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MANSouthern Europe — Revenue
$2.31B+7.4%
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$1.12B-17.7%

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:Revenues.

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
Revenue:
Northern homebuilding$376,906$410,377
Southern homebuilding512,570534,196
Financial services (a)31,23131,520
Total revenue$920,707$976,093
Cost of Sales:
Northern homebuilding$303,451$319,459
Southern homebuilding414,665403,851

Item 6. Exhibits [42](#i5b32b39a8529406f9be4b5921b543fe1_184)

FAQ

What is M/I Homes's southern homebuilding — revenue?
M/I Homes (MHO) reported southern homebuilding — revenue of $512.57M in Q1 2026.
How has M/I Homes's southern homebuilding — revenue changed year-over-year?
M/I Homes's southern homebuilding — revenue decreased by 4.0% year-over-year, from $534.2M to $512.57M.
What is the long-term trend for M/I Homes's southern homebuilding — revenue?
Over 4 years (2021 to 2025), M/I Homes's southern homebuilding — revenue has grown at a 4.1% compound annual growth rate (CAGR), from $2.05B to $2.4B.
What does southern homebuilding — revenue mean?
The total top-line revenue attributed to the Southern homebuilding segment, encompassing all regional operations. This figure is essential for assessing the geographic contribution to the company's overall consolidated revenue.

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