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M/I Homes MHO Distribution of single-family lots from joint venture arrangements

Distribution of single-family lots from joint venture arrangements at other companies

Equity Lifestyle Properties logo
Equity Lifestyle PropertiesELS
$1.14M-84.6%
Macerich logo
MacerichMAC
$199.88M-0.7%
Western Digital logo
Western DigitalWDC
$175M+199%
FAN
Diamondback EnergyFANG
$327M+27.2%
Green Brick Partners logo
Green Brick PartnersGRBK
$0
Starwood Property Trust logo
Starwood Property TrustSTWD
$16.28M+78.4%

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 mho:DistributionOfSingleFamilyLotsFromUnconsolidatedLlcs.

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 distribution of single-family lots from joint venture arrangements?
M/I Homes (MHO) reported distribution of single-family lots from joint venture arrangements of $42M in Q1 2026.
How has M/I Homes's distribution of single-family lots from joint venture arrangements changed year-over-year?
M/I Homes's distribution of single-family lots from joint venture arrangements increased by 1355.3% year-over-year, from $2.89M to $42M.
What is the long-term trend for M/I Homes's distribution of single-family lots from joint venture arrangements?
Over 3 years (2021 to 2024), M/I Homes's distribution of single-family lots from joint venture arrangements has grown at a 5.7% compound annual growth rate (CAGR), from $28.06M to $33.17M.
What does distribution of single-family lots from joint venture arrangements mean?
Represents the receipt of developed residential lots from joint venture arrangements in which the company holds an interest. This metric tracks the conversion of joint venture investments into tangible inventory ready for home construction. It is a vital indicator of the effectiveness of the company's land-sourcing strategy through partnerships.