FY2025 · ended Dec 31, 2025 · Revenue $4.42B, -1.9% YoY · Filed Feb 13, 2026
M/I Homes, Inc. (MHO) files with the SEC under industry code 1531, Operative Builders. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $4.4 billion and net income of $402.9 million. Free cash flow was $127.7 million. As of Sep 30, 2026 it held $620.6 million in cash and investments and $51.6 million in total debt.
Revenue (TTM)
$4.21B
-6.0% vs year-ago TTM
Net income (TTM)
$277.42M
-41.3% vs year-ago TTM
Operating cash flow (TTM)
$150.51M
-39.9% vs year-ago TTM
Free cash flow (TTM)
$137.09M
-43.6% vs year-ago TTM
EPS (TTM)
$10.52
-38.3% vs year-ago TTM
Dividend per share
None
Shares outstanding
25.77M
-5.0% vs prior year
Net cash
$568.96M
as of Sep 30, 2026
Operating margin
8.2%
FY 2026
Company profile
- Industry
- Operative Builders (SIC 1531)
- Listed as
- MHO (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- OH
- Headquarters
- Columbus, OH
- SEC filer status
- Large accelerated filer
- SEC CIK
- 799292
- Former names
- M I HOMES INC (until Jun 21, 2019); M I SCHOTTENSTEIN HOMES INC (until Dec 1, 2003)
Other Operative Builders companies
- Horton D R Inc /DE/ DHI
- Pultegroup INC/MI/ PHM
- NVR Inc NVR
- Toll Brothers, Inc. TOL
- Everus Construction Group, Inc. ECG
- Meritage Homes CORP MTH
- KB Home KBH
- Green Brick Partners, Inc. GRBK
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.5B | $4.0B | $4.1B | $3.7B |
| Operating income | $506.6M | $706.1M | $587.2M | $637.5M | $518.3M |
| Net income | $402.9M | $563.7M | $465.4M | $490.7M | $396.9M |
| Diluted EPS | $14.74 | $19.71 | $16.21 | $17.24 | $13.28 |
| Operating cash flow | $137.3M | $179.7M | $552.1M | $184.1M | -$16.8M |
| Free cash flow | $127.7M | $171.3M | $546.4M | $174.7M | -$42.1M |
| Total assets | $4.8B | $4.5B | $4.0B | $3.7B | $3.2B |
| Total liabilities | $1.6B | $1.6B | $1.5B | $1.6B | $1.6B |
| Stockholders' equity | $3.2B | $2.9B | $2.5B | $2.1B | $1.6B |
| Cash and investments | $689.2M | $821.6M | $732.8M | $311.5M | $236.4M |
| Total debt | $56.7M | $55.4M | $57.6M | $61.3M | $51.5M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 23, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 21, 2026 | Oct 21, 2026 |
| 10-Q | Quarterly report | Jul 31, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 29, 2026 | Jul 29, 2026 |
| 8-K |
Current report
Shareholder vote results
|
May 14, 2026 | May 13, 2026 |
| 10-Q | Quarterly report | Apr 24, 2026 | Mar 31, 2026 |
All 1000 M/I Homes, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.