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M/I Homes MHO Standard Product Warranty Accrual

Standard Product Warranty Accrual at other companies

Century Communities logo
Century CommunitiesCCS
$12.51M-5.7%
Pultegroup logo
PultegroupPHM
D.R. Horton logo
D.R. HortonDHI
Lennar logo
LennarLEN
Meritage Homes logo
Meritage HomesMTH
Green Brick Partners logo
Green Brick PartnersGRBK

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:ProductWarrantyAccrual.

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
Warranty reserves, beginning of period$43,958$36,219
Warranty expense on homes delivered during the period6,5015,262
Changes in estimates for pre-existing warranties(376)(100)
Settlements made during the period(10,819)(6,338)
Warranty reserves, end of period (a)$39,264$35,043

Item 6. Exhibits [42](#i5b32b39a8529406f9be4b5921b543fe1_184)

FAQ

What is M/I Homes's standard product warranty accrual?
M/I Homes (MHO) reported standard product warranty accrual of $39.26M in Q1 2026.
How has M/I Homes's standard product warranty accrual changed year-over-year?
M/I Homes's standard product warranty accrual increased by 12.0% year-over-year, from $35.04M to $39.26M.
What is the long-term trend for M/I Homes's standard product warranty accrual?
Over 5 years (2020 to 2025), M/I Homes's standard product warranty accrual has grown at a 8.7% compound annual growth rate (CAGR), from $29.01M to $43.96M.

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