M/I Homes, Inc. logo MHO - M/I Homes, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
1
BUY 4
HOLD 5
SELL 0
STRONG
SELL
0
| PRICE TARGET: $165.00 DETAILS
HIGH: $165.00
LOW: $165.00
MEDIAN: $165.00
CONSENSUS: $165.00
UPSIDE: 23.70%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 4,417.8 4,504.7 4,028.1 4,131.4 3,745.9 3,046.1 2,499.8 2,286.3 1,962.0 1,691.3 1,418.4 1,215.2 1,036.8 761.9 566.4 616.4 569.9 607.7 1,016.5 1,359.3 1,347.6 1,174.6 1,069.6 1,033.0 976.8 935.0 852.4 739.6 614 577.2 527.8 491.7 446.1
Cost of Revenue 3,400.6 3,305.8 3,014.6 3,087.6 2,837.0 2,361.4 2,005.2 1,842.5 1,568.7 1,362.2 1,118.3 962.4 830.3 614.0 489.1 511.4 550.4 685.5 832.6 1,014.5 1,007.5 875.6 796.7 783.8 755.2 733.9 665.7 586.7 493 466.7 430.2 402 363.9
Gross Profit 1,017.2 1,198.9 1,013.5 1,043.8 908.9 684.8 494.6 443.8 393.3 329.2 300.1 252.7 206.5 147.9 77.3 105.0 19.5 (77.8) 183.9 344.8 340.1 299.0 272.8 249.3 221.6 201.1 186.7 152.9 121 110.5 97.6 89.7 82.2
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 510.6 492.8 431.7 406.4 390.6 357.1 302.3 280.6 254.6 220.4 188.3 170.0 147.8 119.0 96.2 102.0 103.1 131.7 171.0 196.7 164.6 139.4 128.1 126.3 120.3 108.1 101.4 91.4 78.2 72.9 65.2 59 52
Other Expenses 0 0 0 0 0 327.7 0 0 0 0 0 0 0 0 0 0 0.9 0 0 0 0 0 0 0 0 2.1 2.2 1.8 1.6 1.4 1.8 60.6 53.6
Operating Expenses 510.6 492.8 431.7 406.4 390.6 684.8 302.3 280.6 254.6 220.4 188.3 170.0 147.8 119.0 96.2 102.0 103.1 131.7 171.0 196.7 164.6 139.4 128.1 126.3 120.3 110.2 103.6 93.2 79.8 74.3 67 60.6 53.6
Operating Income
Operating Income 506.6 706.3 581.8 637.5 518.3 0 192.2 163.2 146.3 112.7 115.4 86.2 64.5 32.3 (18.9) (9.6) (83.6) (209.5) 12.8 148.1 175.5 159.6 144.7 123.0 101.2 90.9 83.1 59.7 41.2 36.2 30.6 29.1 28.6
Interest Expense 20.0 (27.5) 0 2.2 2.2 9.7 21.4 20.5 18.9 17.6 17.5 13.4 15.9 16.1 15.0 9.4 8.5 11.2 15.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 20.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 566.7 749.1 621.8 652.1 532.6 334.8 200.6 182.6 154.3 120.8 121.4 89.7 68.1 38.6 (11.3) (10.2) (76.7) (196.2) (127.5) 135.0 178.9 162.1 147.1 125.2 103.2 93.0 85.3 61.5 42.8 37.6 32.4 30.7 30.2
EBIT 546.6 733.6 607.3 637.5 518.3 319.7 187.4 170.8 143.6 110.6 113.8 83.7 57.3 28.8 (18.9) (18.0) (84.5) (203.9) (135.5) 128.3 175.5 159.6 139.9 117.4 101.2 90.9 83.1 59.7 41.2 36.2 30.6 29.1 28.6
Income Before Tax 526.6 733.6 607.3 635.2 509.1 310.0 166.0 141.3 120.3 91.8 86.9 69.7 41.3 12.8 (33.9) (27.4) (93.0) (215.1) (150.9) 60.1 161.4 151.3 135.1 109.2 85.0 72.6 68.8 46.6 29.4 23.1 16.5 19.2 18.6
Income Tax Expense 123.6 169.9 141.9 144.5 112.2 70.2 38.4 33.6 48.2 35.2 35.2 18.9 (110.1) (0.6) (0.0) (1.1) (30.9) 30.3 (58.4) 21.2 60.6 59.8 53.4 42.6 32.4 28.1 27.2 18.9 12 9 6.6 7.6 2.5
Net Income 402.9 563.7 465.4 490.7 396.9 239.9 127.6 107.7 72.1 56.6 51.8 50.8 151.4 13.3 (33.9) (26.3) (62.1) (245.4) (128.1) 38.9 100.8 91.5 81.7 66.6 55.3 44.4 41.6 27.7 17.4 12.8 9.9 11.6 16.1
Per Share Data
EPS (Basic) 15.07 20.29 16.76 17.60 13.64 8.38 4.58 3.81 2.57 2.10 1.91 1.88 6.11 0.68 -1.81 -1.42 -3.71 -17.51 -9.17 2.78 7.05 6.49 5.66 4.41 3.67 2.82 2.38 1.65 1.08 0.73 0.28 0.33 0.47
EPS (Diluted) 14.74 19.71 16.21 17.24 13.28 8.23 4.48 3.69 2.26 1.84 1.68 1.65 5.24 0.67 -1.81 -1.42 -3.71 -17.51 -9.17 2.74 6.93 6.35 5.51 4.30 3.60 2.76 2.34 1.63 1.07 0.73 0.28 0.33 0.47
Shares Outstanding 26.7 27.8 27.8 27.9 29.1 28.6 27.8 28.2 25.8 24.7 24.6 24.5 23.8 19.7 18.7 18.5 16.7 14.0 14.0 14.0 14.3 14.1 14.4 15.1 15.1 15.8 17.5 16.8 16.2 17.6 17.6 17.6 22.0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 689.2 821.5 732.6 310.5 236.4 260.8 6.1 21.5 151.7 34.4 132.2 32.5 2.8 3.2 1.0 10.0 8.6 5.7 10.1 10.8 6.8 8.1 14.1 10.6
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 0 0 0 0 (15.6) 0 0 (8.6) (9.0) (11.2) 35.0 37.8 0 0 56.2 55.0 50.0 40 42.4 43.8 34.4 23.6 17.3 21.2
Inventory 3,383.9 3,091.9 2,797.2 2,828.6 2,452.4 1,871.3 1,741.0 1,674.5 1,414.6 1,215.9 420.3 516.0 798.5 591.6 451.2 479.2 449.4 432.7 323.5 271.3 238.9 228.3 228.3 177.6
Other Current Assets 309.1 347.7 242.9 300.6 275.7 234.3 155.2 169.7 171.6 154.0 0 46.1 0 75.5 0.4 0.6 1.7 0.8 0.8 2.5 0 0 0 0
Total Current Assets 4,382.2 4,282.0 3,795.4 3,458.8 2,964.5 2,411.7 1,930.8 1,865.6 1,737.9 1,404.4 587.5 632.4 890.9 670.3 508.7 544.8 509.7 479.2 376.8 328.4 280.1 260 259.7 209.4
Non-Current Assets
Property, Plant & Equipment 89.3 88.4 91.3 97.9 88.6 78.9 40.5 29.4 26.8 22.3 19.0 27.7 33.3 34.2 20.8 22.3 18.2 19.4 20 8.6 1.6 2.4 3.3 2.6
Goodwill 16.4 16.4 16.4 16.4 16.4 16.4 16.4 16.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 0 9.9 10.7 15.8 8.4 9.2 9.6 6.5 7.8 11.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 106.3 65.3 44.0 51.6 57.1 34.7 37.9 35.9 20.5 28.0 10.3 13.1 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 178.4 87.7 64.7 74.5 94.7 85.9 60.7 60.8 53.3 51.5 47.0 20.0 54.3 42.3 48.9 45.0 39.8 33 30.3 29 23.7 18.7 14.6 16
Total Non-Current Assets 394.9 267.7 227.0 256.1 275.4 231.3 174.8 155.9 126.9 144.1 76.3 60.9 87.6 76.5 69.7 67.3 58.0 52.4 50.3 37.6 25.3 21.1 17.9 18.6
Total Assets 4,777.1 4,549.8 4,022.4 3,714.9 3,239.9 2,643.0 2,105.6 2,021.6 1,864.8 1,548.5 663.8 693.3 978.5 746.9 578.5 612.1 567.6 531.6 427.1 366 305.4 281.1 277.6 228
Current Liabilities
Account Payables 181.2 198.6 204.7 228.6 244.5 185.7 125.0 131.5 117.2 103.2 38.3 27.5 50.4 55.1 58.2 55.7 67.3 63.2 51.4 42.8 32 29.2 31.4 24.8
Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 317.4 179.6 91.5 194.2 26.7 15.4 23.5 30 23.3 15.5 15 102.4
Deferred Revenue 0 69.3 85.1 93.1 107.9 72.6 34.5 32.1 26.4 22.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0 0 0 0 0 0 60.3 58.8 (229.7) 83.2 65.9 0 62.2 55.7 53.8 43.8 35.7 25.4 19.3 21.7
Total Current Liabilities 181.2 267.9 289.8 321.7 352.4 258.3 159.5 163.6 143.6 125.4 98.5 93.1 163.6 344.5 238.7 270.7 156.2 134.3 128.7 116.6 91 70.1 65.7 148.9
Non-Current Liabilities
Long-Term Debt 1,029.8 981.2 859.6 938.2 962.0 871.9 754.8 821.0 807.7 637.8 208.2 215.8 317.4 0 0 194.2 182.5 196.7 131.8 134 102 111.5 122.3 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 343.2 305.7 298.5 229.8 142.0 129.1 134.9 149.7 139.8 109.0 30.3 51.4 10.0 0 0 (132.7) 0 0.1 0 (0.1) 0.1 0 0 0
Total Non-Current Liabilities 1,429.7 1,342.2 1,215.7 1,322.5 1,263.3 1,126.0 942.6 1,002.7 973.9 769.0 238.5 267.1 327.4 0 0 61.5 182.5 196.8 131.8 133.9 102.1 111.5 122.3 0
Total Liabilities 1,610.9 1,610.1 1,505.5 1,644.2 1,615.7 1,384.3 1,102.1 1,166.3 1,117.5 894.3 337.1 360.2 490.9 344.5 238.7 332.2 338.8 331.1 260.5 250.5 193.1 181.6 188 148.9
Stockholders' Equity
Common Stock 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.2 0.2 0.2 0.2 0.2 0.1 0.1 0.1 0 0 0 0 0 0
Retained Earnings 3,268.0 2,865.1 2,301.3 1,836.0 1,345.3 948.5 708.6 581.0 473.3 407.2 163.8 226.0 477.4 387.2 307.0 242.0 188.2 145.3 105.5 79.1 61.7 48.8 39 28.4
Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 (22.4) (25.5) (25.5) (17.8) (15.6) (9.2) (7.6) (7.8) (7.5) (7.4) (5.7) (5) (4.3) (6.7) (6.1) (5.7) (4.8)
Total Stockholders' Equity 3,166.2 2,939.7 2,516.9 2,070.7 1,624.2 1,258.7 1,003.5 855.3 747.3 654.2 326.8 333.1 487.6 402.4 339.7 279.9 228.9 200.5 166.6 115.5 112.3 99.5 89.6 79.1
Total Liabilities & Equity 4,777.1 4,549.8 4,022.4 3,714.9 3,239.9 2,643.0 2,105.6 2,021.6 1,864.8 1,548.5 663.8 693.3 978.5 746.9 578.5 612.1 567.6 531.6 427.1 366 305.4 281.1 277.6 228
Debt Metrics
Total Debt 1,086.5 1,036.5 917.2 999.5 1,013.5 924.4 773.2 821.0 807.7 637.8 208.2 215.8 634.7 179.6 91.5 388.5 209.2 212.1 155.3 164 125.3 127 137.3 102.4
Net Debt 397.3 215.0 184.3 688.0 777.1 663.5 767.1 799.4 656.0 603.4 98.3 183.2 632.4 176.4 90.5 378.5 200.7 206.4 145.2 153.2 118.9 118.9 123.2 91.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 402.9 563.7 465.4 490.7 396.9 239.9 127.6 107.7 72.1 56.6 100.8 91.5 81.7 66.6 55.3 44.4 41.6 27.7 17.4 14.1 9.9 11.6 16.1
Depreciation & Amortization 16.7 15.5 14.5 14.6 14.3 15.1 13.2 11.7 10.7 10.2 4.5 2.4 2.4 2.2 2.0 2.1 2.2 1.8 1.6 1.4 1.8 1.6 1.6
Stock-Based Compensation 0 14.6 11.4 8.8 8.6 7.1 5.8 6.0 6.0 5.3 1.1 (1.0) 3.3 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (322.2) (307.7) (14.3) (367.7) (376.4) (23.5) (101.6) (137.4) (141.8) (43.4) (200.2) (178.2) (129.6) 50.8 (7.2) 9.5 (71.7) (21.5) (11.1) (1.4) 5 (32.1) (27.2)
Other Non-Cash Items 24.0 (102.9) 72.5 45.5 (56.1) (73.7) 16.7 4.4 (11.9) (25.8) 0.6 4.8 (3.4) 1.8 0.0 (0.8) (0.4) (0.7) (0.3) (1.6) (0.3) (0.4) (0.1)
Operating Cash Flow 130.3 179.7 552.1 184.1 (16.8) 168.3 65.6 (2.6) (52.5) 34.2 (92.6) (77.9) (38.7) 116.5 45.8 52.5 (27.6) 9.4 3.4 13.5 14.6 (19.8) (10.4)
Investing Activities
Capital Expenditure (9.6) (8.4) (5.8) (9.3) (25.3) (11.7) (4.5) (8.1) (8.8) (13.1) (3.8) (1.7) (15.7) (0.8) (6.1) (0.9) (1.5) (1.2) (8.5) (0.6) (0.7) (2.1) (1.4)
Acquisitions 0 (54.1) (23.6) (18.2) (51.6) (28.5) (29.4) (132.2) (8.6) (18.5) (23.2) 0 0 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (59.2) 0 0 (20.1) 0 0 (30.2) (31.9) (12.1) (21.7) 0 0 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 2.0 0 0 1.9 0 0 0.8 0.7 3.5 3.2 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 7.1 7.6 10.7 18.4 25.2 6.3 35.7 5.7 4.0 (3.2) (37.1) (18.9) (10.0) (12.4) (13.2) (22.3) (20.8) (21.9) (14.6) (11.9) (8.6) (8.7) (9.1)
Investing Cash Flow (59.7) (54.9) (18.6) (27.4) (51.7) (33.9) (27.6) (134.0) (9.8) (31.6) (64.1) (20.6) (25.7) (13.2) (19.3) (23.2) (22.3) (23.1) (23.1) (12.5) (9.3) (10.8) (10.5)
Financing Activities
Net Debt Issuance (9.3) 120.3 (79.9) (27.5) 84.4 121.0 (67.8) 31.8 229.2 23.7 182.3 110.1 88.2 (102.8) (19.9) (9.6) 52.8 (14.9) 38.6 (4.1) (10.6) 34.3 (0.9)
Stock Repurchased (202.0) (177.0) (65.3) (55.3) (51.5) (1.9) (5.2) (25.7) (50.4) 0 (0.4) (11.3) (21.9) (9.6) (5.7) (15.6) (7.4) 0 (14.3) 0 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 (3.7) (4.9) (1.4) (1.4) (1.4) (1.5) (1.5) (1.6) (1.8) (1.3) 0 0 0 (1.1) (16.3)
Other Financing Activities 0 (0.7) (0.8) 0 0 1.2 19.4 0.3 (45.9) (0.1) (4.2) (1.9) 0 0 0 0 1.7 4.5 (0.2) 1.7 (0.7) 0.8 0.8
Financing Cash Flow (203.0) (36.1) (112.2) (81.5) 44.1 120.3 (53.5) 6.4 179.6 18.8 179.5 98.1 66.7 (112.3) (25.1) (26.4) 45.5 13 24.1 (2.4) (11.3) 34 25.8
Cash Position
Net Change in Cash (132.4) 88.8 421.3 75.2 (24.4) 254.7 (15.4) (130.2) 117.3 21.3 22.7 (0.4) 2.3 (9.0) 1.4 2.9 (4.4) 13 24.1 (2.4) (11.3) 34 25.8
Cash at Beginning 821.6 732.8 311.5 236.4 260.8 6.1 21.5 151.7 34.4 13.1 2.4 3.2 1.0 10.0 8.6 5.7 10.1 10.8 6.4 8.1 14.1 10.6 5.8
Cash at End 689.2 821.6 732.8 311.5 236.4 260.8 6.1 21.5 151.7 34.4 25.1 2.8 3.2 1.0 10.0 8.6 5.7 23.8 30.5 5.7 2.8 44.6 31.6
Free Cash Flow 120.7 171.3 546.4 174.7 (42.1) 156.7 61.1 (10.7) (61.3) 21.1 (96.5) (79.6) (54.5) 115.7 39.7 51.6 (29.1) 8.2 (5.1) 12.9 13.9 (21.9) (11.8)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 4,417.8 4,504.7 4,028.1 4,131.4 3,745.9 3,046.1 2,499.8 2,286.3 1,962.0 1,691.3 1,418.4 1,215.2 1,036.8 761.9 566.4 616.4 569.9 607.7 1,016.5 1,359.3 1,347.6 1,174.6 1,069.6 1,033.0 976.8 935.0 852.4 739.6 614 577.2 527.8 491.7 446.1
Gross Profit 1,017.2 1,198.9 1,013.5 1,043.8 908.9 684.8 494.6 443.8 393.3 329.2 300.1 252.7 206.5 147.9 77.3 105.0 19.5 (77.8) 183.9 344.8 340.1 299.0 272.8 249.3 221.6 201.1 186.7 152.9 121 110.5 97.6 89.7 82.2
Operating Income 506.6 706.3 581.8 637.5 518.3 0 192.2 163.2 146.3 112.7 115.4 86.2 64.5 32.3 (18.9) (9.6) (83.6) (209.5) 12.8 148.1 175.5 159.6 144.7 123.0 101.2 90.9 83.1 59.7 41.2 36.2 30.6 29.1 28.6
Net Income 402.9 563.7 465.4 490.7 396.9 239.9 127.6 107.7 72.1 56.6 51.8 50.8 151.4 13.3 (33.9) (26.3) (62.1) (245.4) (128.1) 38.9 100.8 91.5 81.7 66.6 55.3 44.4 41.6 27.7 17.4 12.8 9.9 11.6 16.1
EPS (Diluted) 14.74 19.71 16.21 17.24 13.28 8.23 4.48 3.69 2.26 1.84 1.68 1.65 5.24 0.67 -1.81 -1.42 -3.71 -17.51 -9.17 2.74 6.93 6.35 5.51 4.30 3.60 2.76 2.34 1.63 1.07 0.73 0.28 0.33 0.47
Balance Sheet
Cash & Equivalents 689.2 821.5 732.6 310.5 236.4 260.8 6.1 21.5 151.7 34.4 132.2 32.5 2.8 3.2 1.0 10.0 8.6 5.7 10.1 10.8 6.8 8.1 14.1 10.6
Total Assets 4,777.1 4,549.8 4,022.4 3,714.9 3,239.9 2,643.0 2,105.6 2,021.6 1,864.8 1,548.5 663.8 693.3 978.5 746.9 578.5 612.1 567.6 531.6 427.1 366 305.4 281.1 277.6 228
Total Debt 1,086.5 1,036.5 917.2 999.5 1,013.5 924.4 773.2 821.0 807.7 637.8 208.2 215.8 634.7 179.6 91.5 388.5 209.2 212.1 155.3 164 125.3 127 137.3 102.4
Stockholders' Equity 3,166.2 2,939.7 2,516.9 2,070.7 1,624.2 1,258.7 1,003.5 855.3 747.3 654.2 326.8 333.1 487.6 402.4 339.7 279.9 228.9 200.5 166.6 115.5 112.3 99.5 89.6 79.1
Cash Flow
Operating Cash Flow 130.3 179.7 552.1 184.1 (16.8) 168.3 65.6 (2.6) (52.5) 34.2 (92.6) (77.9) (38.7) 116.5 45.8 52.5 (27.6) 9.4 3.4 13.5 14.6 (19.8) (10.4)
Capital Expenditure (9.6) (8.4) (5.8) (9.3) (25.3) (11.7) (4.5) (8.1) (8.8) (13.1) (3.8) (1.7) (15.7) (0.8) (6.1) (0.9) (1.5) (1.2) (8.5) (0.6) (0.7) (2.1) (1.4)
Free Cash Flow 120.7 171.3 546.4 174.7 (42.1) 156.7 61.1 (10.7) (61.3) 21.1 (96.5) (79.6) (54.5) 115.7 39.7 51.6 (29.1) 8.2 (5.1) 12.9 13.9 (21.9) (11.8)