Company Analysis

M/I Homes, Inc. (MHO)

NYSE: MHO · Operative Builders · Columbus, OH · filing with the SEC since 1995
Grade6.3
◀ Past 6.5● Present 6.7▶ Future 5.2

The grade of M/I Homes, Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.3/10
◀ Past6.540% of the headline
● Present6.735% of the headline
▶ Future5.225% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.5/1040% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.8/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 78th percentile among 18 sector filers · read for itself

From the record

M/I Homes, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.3/10

What has it actually done, year after year?

+11.3% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 63rd percentile among 17 sector filers · read for its customers

From the record

M/I Homes, Inc.'s 10 filed years say what it did: revenue went from $1.7 billion in fiscal 2016 to $4.4 billion in fiscal 2025, up 11.3% a year; it rose in 7 of 9 years; the deepest fall was 2% from fiscal 2022 to fiscal 2023; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span11.3%top 44% of its family
  • the share of years revenue rosetop 35% of its family
  • the share of filed years with a profittop 41% of its family
  • the deepest fall from a revenue peak2.4%top 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.0/10

How has it treated the people who own it?

Share count shrank 1.3% a year. 51% of cash flow returned. Insiders: 41 sales, 0 purchases.

weight 22% of this tense · 50th percentile among 18 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, M/I Homes, Inc.'s diluted share count shrank about 1.3% a year, and dividends and buybacks returned about 51% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 41 sales and 0 purchases of their own stock on the open market in the year to 2026-10-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 47% of its family
  • cash returned against operating cash flowbottom 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.7/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
5.8/10

Is it financially healthy right now?

ROE 13%: 13¢ of profit per shareholder dollar. Leverage 34%: owes 34¢ per asset dollar.

weight 33% of this tense · 58th percentile among 18 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, M/I Homes, Inc. earned about 13 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 21 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 34 cents per dollar of assets, and net share issuance: its share count shrank 4.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 31% of its family
  • return on equitybottom 47% of its family
  • gross profit against assetstop 50% of its family
  • the share count against the year beforetop 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.4/10

How strong is its position in its industry?

top 36% of 17 in its family; net margin 9.1%.

weight 45% of this tense · 64th percentile among 17 sector filers · read for its customers

From the record

M/I Homes, Inc.'s standing among 17 graded names in its industry family: revenue of $4.4 billion in fiscal 2025 ranks in the top 37% by size; a net margin of 9.1% ranks in the top 32%; revenue growth of 2.3% a year over the last 3 filed years ranks in the top 38% (its annual reports).

What it rests on

  • revenue against the family$4.42Btop 37% of its family
  • net margin9.1%top 32% of its family
  • three-year revenue growth2.3%top 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
8.5/10

What are the people in charge doing?

top 15% of 15 in its family for leadership; chief executive since 2006.

weight 22% of this tense · 85th percentile among 15 sector filers · read for its shareholders

From the record

M/I Homes, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Schottenstein, Robert H (Chairman, CEO & President, as filed), filing under that title since 2006-01-23, 20.8 years (top 3% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 12.6 years (top 32%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 9%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge2 in three years among 12 peopletop 9% of its family
  • the median years the people in charge have filed12.6 yearstop 32% of its family
  • the chief executive's years on the record20.8 yearstop 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.2/1025% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.5/10

How much room does it have to grow?

top 35% of 15 in its family for room to expand.

weight 33% of this tense · 65th percentile among 15 sector filers · read for itself

From the record

M/I Homes, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $689 million against no long-term debt tagged leaves 14.4% of its assets as net cash, top 9% of its family; cash from operations less capital spending is 2.9% of revenue (bottom 44%); a gross margin of 23% (top 39%) (its annual report).

What it rests on

  • cash less debt against assets14.4%top 9% of its family
  • cash from operations less capital spending against revenue2.9%bottom 44% of its family
  • gross margin23.0%top 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.7/10

What could actually drive growth from here?

bottom 37% of 17 in its family for growth drivers.

weight 33% of this tense · 37th percentile among 17 sector filers · read for its customers

From the record

M/I Homes, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 2.3% a year over the last three filed years against 11.3% over all 10, slowing (bottom 32% of its family); the newest year grew -1.9% (bottom 44%); research spending grew 14.5% a year (top 50%); capital spending grew 1% a year (bottom 21%) (its annual reports). M/I Homes, Inc. reported 3 product lines in fiscal 2025: Construction at $4.3 billion (97%), Financial Service at $125 million (3%), Land at $18 million (0%); 2 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-9.0 points a yearbottom 32% of its family
  • the newest year's revenue growth-1.9%bottom 44% of its family
  • three-year growth of research spending14.5%top 50% of its family
  • three-year growth of capital spending1.0%bottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.5/10

Did its newest year beat what its own record pointed to?

top 45% of 16 in its family for expectations against reality.

weight 33% of this tense · 55th percentile among 16 sector filers · read for its shareholders

From the record

M/I Homes, Inc.'s newest year against its own record: revenue of $4.4 billion in fiscal 2025 came in 6.1% below the $4.7 billion its prior three years' pace pointed to (top 47% of its family); net income of $403 million against a prior three-year average of $507 million (top 47%); a net margin of 9.1% against 12% before (top 41%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-6.1%top 47% of its family
  • net income against the prior three years' average-21%top 47% of its family
  • net margin against its prior average-2.9 pointstop 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton MHO · research, not advice