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M/I Homes MHO Impairment Charges

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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+9.5%
Enterprise value$3.16B+47.9%
P/E12.1×+5.2×
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:ProductionRelatedImpairmentsOrCharges.

The source filing: M/I Homes’s 10-Q, filed October 24, 2025.

Filed
Oct 24, 2025, 11:24 AM EDT
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0000799292-25-000077
(In thousands, except per common share amounts)Three Months Ended September 30, 2025Three Months Ended September 30, 2024Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024
Revenue$1,131,791$1,142,909$3,270,476$3,299,393
Costs and expenses:
Land and housing$854,122$833,468$2,453,405$2,397,329
Impairment of inventory and land deposit write-offs7,5837,583
General and administrative70,76668,285197,086188,363
Selling64,04959,163180,490171,598
Interest income, net of interest expense(4,548)(6,680)(14,122)(20,948)
Total costs and expenses$991,972$954,236$2,824,442$2,736,342

Item 6. Exhibits [45](#i7bd753579b4d47fc8aa79b5141e3b17b_184)

FAQ

What is M/I Homes's impairment charges?
M/I Homes (MHO) reported impairment charges of $7.58M in Q3 2025.

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