MHO

M/i Homes, Inc. Consumer Discretionary Operative Builders Russell 3000
$128.28Close $3.9BMarket cap $114.04 – $163.0052-week range Mid-januaryNext report · estimated

Highlights

Cautions

  • Not in an uptrend 2 of 8 trend conditions
  • Lagging the market RS 33 · weaker than 67% of stocks over 12 months
  • Earnings shrinking EPS −35% year on year

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 23, 2026
Off 12-month high 21%
1wk up 3.5% price change
1mo down 5.1% price change
12-month return up 2% market up 11% · its own down 8%
F-score — — Not assessed
Altman Z — Unknown
P/E 9.6× price / earnings
PEG — P/E / EPS growth
P/B 1.2× price / book
Earnings yield up 15.9% EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth down 2% year on year
EPS growth down 35% latest quarter · -3 pts
Sales growth down 5% latest quarter · +4 pts
ROE up 13% return on equity
Free cash margin up 3% $127.7M FCF
D/E — long-term debt / equity
Net debt / EBITDA -1.3× net cash
Interest cover —EBIT / interest

Trade setup

ATR% 3.6% $4.65 a day · 2×ATR $118.99
RS 33 / 99 vs the universe
Trend 2 / 8 trend template
Relative volume 0.9× vs 50-day average
Up/down volume 0.91 50 sessions
Implied move — no scheduled report
Trend template · 2 of 8
  • 150-day average above the 200-day: passes
  • Within 25% of the 52-week high: passes

Screen verdict

Did not qualify for any screen.

Warning signs

3 flagged
  • Profit not backed by cash Reported profit of $402.9M came with $137.3M of operating cash flow. Profit that cash does not follow is the classic signature of aggressive accounting.
  • Gross margin narrowing Gross margin fell from 26.6% to 23.0%. The company is keeping less of each dollar of sales than it did a year ago.
  • Revenue shrinking Revenue fell 1.9% over the year, from $4.5B to $4.4B.
Last reported Oct 21, 2026
Results reaction Oct 21, 20260% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $4.4B -2% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $3.0B FY2021 · $3.7B FY2022 · $4.1B FY2023 · $4.0B FY2024 · $4.5B FY2025 · $4.4B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $402.9M -29% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $239.9M FY2021 · $396.9M FY2022 · $490.7M FY2023 · $465.4M FY2024 · $563.7M FY2025 · $402.9M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $127.7M -25% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $156.7M FY2021 · -$42.1M FY2022 · $174.7M FY2023 · $546.4M FY2024 · $171.3M FY2025 · $127.7M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 23%
  • Net 9%
  • Free cash 3%
0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 22% · Net 8% · Free cash 5% FY2021 · Gross 24% · Net 11% · Free cash -1% FY2022 · Gross 25% · Net 12% · Free cash 4% FY2023 · Gross 25% · Net 12% · Free cash 14% FY2024 · Gross 27% · Net 13% · Free cash 4% FY2025 · Gross 23% · Net 9% · Free cash 3%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $260.8M FY2021 · Cash $236.4M FY2022 · Cash $311.5M FY2023 · Cash $732.8M FY2024 · Cash $821.6M FY2025 · Cash $689.2M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 30.14m +0.0% since FY2020
30.14m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 30.14m FY2021 · 30.14m FY2022 · 30.14m FY2023 · 30.14m FY2024 · 30.14m FY2025 · 30.14m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $3.0B $3.7B $4.1B $4.0B $4.5B $4.4B
Gross margin 22% 24% 25% 25% 27% 23%
Operating income $319.3M $518.3M $637.5M $587.2M $706.1M $506.6M
Net income $239.9M $396.9M $490.7M $465.4M $563.7M $402.9M
Net margin 8% 11% 12% 12% 13% 9%
Earnings per share $8.23 $13.28 $17.24 $16.21 $19.71 $14.74
Free cash flow $156.7M -$42.1M $174.7M $546.4M $171.3M $127.7M
Free cash margin 5% -1% 4% 14% 4% 3%
Cash $260.8M $236.4M $311.5M $732.8M $821.6M $689.2M
Shareholders' equity $1.3B $1.6B $2.1B $2.5B $2.9B $3.2B
Shares outstanding 30.14m 30.14m 30.14m 30.14m 30.14m 30.14m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 23, 2026 Quarterly ↗ Sep 30, 2026 23d
Jul 31, 2026 Quarterly ↗ Jun 30, 2026 31d
Apr 24, 2026 Quarterly ↗ Mar 31, 2026 24d
Feb 13, 2026 Annual ↗ Dec 31, 2025 44d
Oct 24, 2025 Quarterly ↗ Sep 30, 2025 24d
Jul 25, 2025 Quarterly ↗ Jun 30, 2025 25d
Apr 25, 2025 Quarterly ↗ Mar 31, 2025 25d
Feb 14, 2025 Annual ↗ Dec 31, 2024 45d
Nov 1, 2024 Quarterly ↗ Sep 30, 2024 32d
Jul 31, 2024 Quarterly ↗ Jun 30, 2024 31d
Apr 26, 2024 Quarterly ↗ Mar 31, 2024 26d
Feb 16, 2024 Annual ↗ Dec 31, 2023 47d

Current reports

FiledDisclosed
Oct 21, 2026 Results ↗
Jul 29, 2026 Results ↗
May 14, 2026 Shareholder vote ↗
Apr 22, 2026 Results ↗
Mar 4, 2026 Director or officer change ↗
Jan 28, 2026 Results ↗
Oct 22, 2025 Results ↗
Sep 19, 2025 Material agreement · New obligation ↗
Jul 23, 2025 Results ↗
May 14, 2025 Shareholder vote ↗
Apr 23, 2025 Results ↗
Mar 14, 2025 Director or officer change ↗