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M/I Homes MHO Consolidated inventory not owned

Consolidated inventory not owned at other companies

Lennar logo
LennarLEN
$1.65B-52.3%
Lennar logo
LennarLEN
$12.12B-10.9%
Lennar logo
LennarLEN
$212.88M-66.9%
Lennar logo
LennarLEN
$0
Lennar logo
LennarLEN
$0
Green Brick Partners logo
Green Brick PartnersGRBK
$1.94B+9.6%

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$3.84B+12.4%
Enterprise value$3.16B+51.5%
P/E12.1×+5.4×
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 mho:ConsolidatedInventoryNotOwnedObligation.

The source filing: M/I Homes’s 10-Q, filed April 24, 2026. Open the filing →

Filed
Apr 24, 2026, 11:12 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000799292-26-000017

FAQ

What is M/I Homes's consolidated inventory not owned?
M/I Homes (MHO) reported consolidated inventory not owned of $13.73M in Q1 2026.
How has M/I Homes's consolidated inventory not owned changed year-over-year?
M/I Homes's consolidated inventory not owned increased by 163.9% year-over-year, from $5.2M to $13.73M.
What does consolidated inventory not owned mean?
Represents the value of land or inventory that the company controls or has an option to purchase but does not technically own on the balance sheet. This metric is a key indicator of off-balance-sheet financing and land-banking strategies used to manage capital intensity. It helps investors assess the company's total exposure to land development risks.

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