M/I Homes, Inc. (MHO) — Financial statements
Income statement, balance sheet, and cash flow for M/I Homes, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,418↓1.9% | 4,505↑11.8% | 4,028↓2.5% | 4,131↑10.3% | 3,746 | |
| Cost of Revenue | 3,401↑2.9% | 3,306↑9.7% | 3,015↓2.4% | 3,088↑8.8% | 2,837 | |
| Gross Profit | 1,017↓15.2% | 1,199↑18.3% | 1,014↓2.9% | 1,044↑14.8% | 909 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 263↑1.7% | 258↑16.0% | 223↑3.7% | 215↑11.9% | 192 | |
| Selling & Marketing Expenses | 248↑5.8% | 234↑12.2% | 209↑9.1% | 192↓3.5% | 199 | |
| SG&A Expenses | 511↑3.6% | 493↑14.2% | 432↑6.2% | 406↑4.0% | 391 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 511↑3.6% | 493↑14.2% | 432↑6.2% | 406↑4.0% | 391 | |
| Total Costs & Expenses | 3,911↑3.0% | 3,799↑10.2% | 3,446↓1.4% | 3,494↑8.3% | 3,228 | |
| Operating Results | ||||||
| Operating Income | 507↓28.3% | 706↑21.4% | 582↓8.7% | 637↑23.0% | 518 | |
| Depreciation & Amortization | 20↑29.7% | 15↑6.6% | 14↓0.8% | 15↑1.9% | 14 | |
| EBITDA | 567↓24.3% | 749↑20.5% | 622↓4.6% | 652↑22.4% | 533 | |
| EBIT | 547↓25.5% | 734↑20.8% | 607↓4.7% | 637↑23.0% | 518 | |
| Interest & Other Income | ||||||
| Net Interest Income | -20↓172.8% | 28↑37.4% | 20↑989.9% | -2↓4.4% | -2 | |
| Interest Income | 0.00 | 0.00↓100.0% | 20 | 0.00 | 0.00 | |
| Interest Expense | 20↑172.8% | -28 | 0.00↓100.0% | 2↑4.4% | 2 | |
| Non-Operating Income | -40↓46.7% | -27↓7.3% | -25 | 0.00 | 0.00 | |
| Other Income / Expenses | 20↓26.7% | 27↑7.3% | 25↑1234.2% | -2↑75.6% | -9 | |
| Income Before Tax | 527↓28.2% | 734↑20.8% | 607↓4.4% | 635↑24.8% | 509 | |
| Income Tax Expense | 124↓27.2% | 170↑19.7% | 142↓1.8% | 145↑28.8% | 112 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 403↓28.5% | 564↑21.1% | 465↓5.2% | 491↑23.6% | 397 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 403↓28.5% | 564↑21.1% | 465↓5.2% | 491↑23.6% | 397 | |
| Bottom-Line Net Income | 403↓28.5% | 564↑21.1% | 465↓5.2% | 491↑23.6% | 397 | |
| EPS (Basic) | 15.07↓25.7% | 20.29↑21.1% | 16.76↓4.8% | 17.60↑29.0% | 13.64 | |
| EPS (Diluted) | 14.74↓25.2% | 19.71↑21.6% | 16.21↓6.0% | 17.24↑29.8% | 13.28 | |
| Weighted Average Shares | 27↓3.8% | 28↑0.0% | 28↓0.4% | 28↓4.2% | 29 | |
| Weighted Average Diluted Shares | 27↓4.4% | 29↓0.4% | 29↑0.9% | 28↓4.7% | 30 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.