MHO on NYSE
M/I Homes
American home construction company.1
Price unavailable
Last updated Oct 18, 2026.
Overview
Compare with Dream Finders Homes, Inc., Century Communities, Inc. or Everus Construction Group, Inc., or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Construction brought in 97% of the revenue M/I Homes broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Construction | $3.9B | $4.4B | $4.3B |
| Financial Service | $93.8M | $116.2M | $125.5M |
| Land | $25.3M | $12.6M | $17.6M |
Regions
Southern Homebuilding brought in 54% of the revenue M/I Homes broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| Southern Homebuilding | $2.4B | $2.5B | $2.4B |
| Northern Homebuilding | $1.5B | $1.9B | $1.9B |
| Financial Service | $93.8M | $116.2M | $125.5M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue77¢$3.4B
- Other costs11¢$490.6M
- Income tax3¢$123.6M
- Profit9¢$402.9M
Out of $4.4B in revenue.4
Where each dollar of operating cash went, fiscal 2025
- Capital spending5¢$9.6M
- Share buybacks95¢$202.0M
Out of $137.3M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.4
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Revenue | $4.4B | $4.5B | $4.0B |
| Cost of Product and Service Sold, excluding Impairment of Real Estate | $3.4B | ||
| Land and Housing | $3.4B | $3.3B | $3.0B |
| Impairment of inventory and investment in joint venture arrangements | $47.7M | $0 | $0 |
| General and administrative | $262.8M | $258.4M | $222.8M |
| Selling | $247.9M | $234.4M | $208.9M |
| Other Income | $0 | $0 | -$33.0K |
| Interest Income, net of Interest Expense | $20.0M | $27.5M | -$20.0M |
| Total costs and expenses | $3.9B | $3.8B | $3.4B |
| Income before income taxes | $526.6M | $733.6M | $607.3M |
| Provision for income taxes | $123.6M | $169.9M | $141.9M |
| Net income | $402.9M | $563.7M | $465.4M |
| Basic | $15.07 | $20.29 | $16.76 |
| Diluted | $14.74 | $19.71 | $16.21 |
| Basic | 26.7M shares | 27.8M shares | 27.8M shares |
| Diluted | 27.3M shares | 28.6M shares | 28.7M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash, Cash Equivalents, and Restricted Cash | $689.2M | $821.6M | $732.8M | $311.5M |
| Mortgage loans Held-for-sale | $309.1M | $283.5M | ||
| Inventory | $3.4B | $3.1B | ||
| Property and equipment - net | $34.3M | $34.5M | ||
| Investment in joint venture arrangements | $106.3M | $65.3M | ||
| Operating Lease, Right-of-Use Asset | $55.0M | $53.9M | ||
| Deferred Income Tax Assets, Net | $4.5M | $13.5M | ||
| Goodwill | $16.4M | $16.4M | ||
| Other assets | $178.4M | $169.2M | ||
| TOTAL ASSETS | $4.8B | $4.5B | ||
| Accounts payable | $181.2M | $198.6M | ||
| Customer deposits | $50.8M | $69.3M | ||
| Operating Lease, Liability | $56.7M | $55.4M | ||
| Other liabilities | $308.5M | $281.0M | ||
| Community Development District Obligation | $10.2M | $12.8M | ||
| Obligation for consolidated inventory not owned | $30.3M | $11.8M | ||
| Notes payable bank - homebuilding operations | $0 | |||
| Notes payable bank - financial services operations | $276.9M | $286.2M | ||
| Senior Notes due 2028 - net | $398.4M | $397.7M | ||
| Senior Notes due 2030 - net | $297.9M | $297.4M | ||
| TOTAL LIABILITIES | $1.6B | $1.6B | ||
| Commitments and contingencies (Note 8) | $0 | $0 | ||
| Common shares - $0.01 par value; authorized 58,000,000 shares at both December 31, 2025 and 2024; issued 30,137,141 shares at both December 31, 2025 and 2024 | $301.0K | $301.0K | ||
| Additional paid-in capital | $344.1M | $348.7M | ||
| Retained earnings | $3.3B | $2.9B | ||
| Treasury shares - at cost - 4,374,432 and 3,074,118 shares at December 31, 2025 and 2024, respectively | -$446.2M | -$274.4M | ||
| TOTAL SHAREHOLDERS' EQUITY | $3.2B | $2.9B | ||
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $4.8B | $4.5B | ||
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | ||
| Common Stock, Shares Authorized | 58.0M shares | 58.0M shares | ||
| Common Stock, Shares, Issued | 30.1M shares | 30.1M shares | ||
| Treasury Stock, Common, Shares | 4.4M shares | 3.1M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash, Cash Equivalents, and Restricted Cash | $689.2M | $821.6M | $732.8M | $311.5M |
| Mortgage loans Held-for-sale | $309.1M | $283.5M | ||
| Inventory | $3.4B | $3.1B | ||
| Property and equipment - net | $34.3M | $34.5M | ||
| Investment in joint venture arrangements | $106.3M | $65.3M | ||
| Operating Lease, Right-of-Use Asset | $55.0M | $53.9M | ||
| Deferred Income Tax Assets, Net | $4.5M | $13.5M | ||
| Goodwill | $16.4M | $16.4M | ||
| Other assets | $178.4M | $169.2M | ||
| TOTAL ASSETS | $4.8B | $4.5B | ||
| Accounts payable | $181.2M | $198.6M | ||
| Customer deposits | $50.8M | $69.3M | ||
| Operating Lease, Liability | $56.7M | $55.4M | ||
| Other liabilities | $308.5M | $281.0M | ||
| Community Development District Obligation | $10.2M | $12.8M | ||
| Obligation for consolidated inventory not owned | $30.3M | $11.8M | ||
| Notes payable bank - homebuilding operations | $0 | |||
| Notes payable bank - financial services operations | $276.9M | $286.2M | ||
| Senior Notes due 2028 - net | $398.4M | $397.7M | ||
| Senior Notes due 2030 - net | $297.9M | $297.4M | ||
| TOTAL LIABILITIES | $1.6B | $1.6B | ||
| Commitments and contingencies (Note 8) | $0 | $0 | ||
| Common shares - $0.01 par value; authorized 58,000,000 shares at both December 31, 2025 and 2024; issued 30,137,141 shares at both December 31, 2025 and 2024 | $301.0K | $301.0K | ||
| Additional paid-in capital | $344.1M | $348.7M | ||
| Retained earnings | $3.3B | $2.9B | ||
| Treasury shares - at cost - 4,374,432 and 3,074,118 shares at December 31, 2025 and 2024, respectively | -$446.2M | -$274.4M | ||
| TOTAL SHAREHOLDERS' EQUITY | $3.2B | $2.9B | ||
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $4.8B | $4.5B | ||
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | ||
| Common Stock, Shares Authorized | 58.0M shares | 58.0M shares | ||
| Common Stock, Shares, Issued | 30.1M shares | 30.1M shares | ||
| Treasury Stock, Common, Shares | 4.4M shares | 3.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income | $402.9M | $563.7M | $465.4M |
| Impairment of inventory and abandoned land transaction write-offs | $47.7M | $9.2M | $10.6M |
| Equity in income from joint venture arrangements | $0 | $0 | -$33.0K |
| Mortgage loan originations | -$2.9B | -$2.7B | -$2.1B |
| Proceeds from the sale of mortgage loans | $2.9B | $2.6B | $2.2B |
| Fair value adjustment of mortgage loans held for sale | -$4.9M | $6.7M | -$6.7M |
| Capitalization of originated mortgage servicing rights | -$7.4M | -$5.6M | -$6.2M |
| Amortization of mortgage servicing rights | $1.1M | $1.3M | $1.6M |
| Gain on sale of mortgage servicing rights | $1.7M | $2.6M | $936.0K |
| Depreciation | $15.5M | $14.1M | $12.9M |
| Amortization of debt discount and debt issue costs | $3.4M | $3.2M | $2.9M |
| Stock-based compensation expense | $17.0M | $14.6M | $11.4M |
| Deferred Income Tax Expense | $8.9M | $1.9M | $2.7M |
| Effective Income Tax Rate Reconciliation, Equity Compensation | -$2.3M | -$5.3M | -$6.5M |
| Inventory | -$313.5M | -$297.7M | $46.7M |
| Other assets | -$4.3M | -$20.3M | $3.4M |
| Accounts payable | -$17.4M | -$6.1M | -$23.9M |
| Customer deposits | -$18.5M | -$15.8M | -$8.0M |
| Accrued compensation | -$5.2M | $9.2M | $2.6M |
| Other liabilities | $36.7M | $23.1M | -$28.8M |
| Net cash (used in) provided by operating activities | $137.3M | $179.7M | $552.1M |
| Purchase of property and equipment | -$9.6M | -$8.4M | -$5.8M |
| Return of Capital from Joint Venture Arrangements | $2.0M | $0 | $0 |
| Investment in and advances to joint venture arrangements | -$59.2M | -$54.1M | -$23.6M |
| Proceeds from the sale of mortgage servicing rights | $7.1M | $7.6M | $10.7M |
| Net cash provided by (used in) investing activities | -$59.7M | -$54.9M | -$18.6M |
| (Net repayment of) net proceeds from bank borrowings - financial services operations | -$9.3M | $120.3M | -$79.9M |
| Repurchase of common shares | -$202.0M | -$177.0M | -$65.3M |
| Debt issue costs | -$7.0M | -$723.0K | -$791.0K |
| Proceeds from exercise of stock options | $8.4M | $21.3M | $33.8M |
| Net cash provided (used in) by financing activities | -$210.0M | -$36.1M | -$112.2M |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -$132.4M | $88.8M | $421.3M |
| Interest net of amount capitalized | -$822.0K | -$638.0K | -$1.5M |
| Income taxes | $131.4M | $159.6M | $150.7M |
| Community development district infrastructure | -$2.6M | -$6.5M | -$10.4M |
| Consolidated inventory not owned | $18.5M | -$15.1M | $9.9M |
| Distribution of single-family lots from unconsolidated LLC's | $16.2M | $33.2M | $31.1M |
No quarter-by-quarter statement was filed.
Leadership
Who has led M/I Homes, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerRobert H. Schottenstein Jan 23, 2006 to now13
- ChairRobert H. Schottenstein Jan 23, 2006 to now13
- PresidentRobert H. Schottenstein Jan 31, 2006 to now14
- Chief financial officerPhillip G. Creek Jan 23, 2006 to now15
- Chief operating officerSteven Schottenstein Jan 23, 2006 to Apr 24, 200616
Board members and other officers (22)
- Vice chairSteven Schottenstein Jan 23, 2006 to Apr 24, 200616
- Principal Accounting OfficerAnn Marie Hunker Feb 14, 2006 to now17
- Sr. Vice Pres. & Gen. CounselJ. Thomas Mason Feb 14, 2006 to May 18, 201218
- Board memberEugene Dubois Smith May 13, 2026 to now19
- Board memberBruce A. Soll Aug 18, 2022 to now20
- Board memberKumi D. Walker Aug 17, 2020 to now21
- Board memberElizabeth K. Ingram Feb 12, 2019 to now22
- Board memberNancy J. Kramer Jul 16, 2015 to now23
- Board memberMichael P. Glimcher Jan 11, 2013 to now24
- Board memberSharen J. Turney Jan 6, 2011 to May 10, 201825
- Board memberJ. Thomas Mason Feb 15, 2007 to May 6, 202126
- Board memberPhillip G. Creek Jan 23, 2006 to now15
- Board memberSteven Schottenstein Jan 23, 2006 to Apr 24, 200616
- Board memberFriedrich Km Bohm Feb 1, 2006 to Jan 17, 202527
- Board memberJeffrey H. Miro Feb 1, 2006 to Nov 15, 201228
- Board memberLewis R. Smoot Sr. Feb 1, 2006 to Mar 1, 200629
- Board memberNorman L. Traeger Feb 1, 2006 to now30
- Board memberThomas D. Igoe Feb 1, 2006 to Apr 28, 201531
- Board memberJoseph A. Alutto Feb 10, 2006 to May 7, 201532
- Board memberYvette McGee Brown May 1, 2006 to now33
- General counselSusan E. Krohne Jun 10, 2021 to now34
- General counselJ. Thomas Mason Feb 13, 2013 to May 6, 202135
Former names
Timeline
Filings
329 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 33 major events, 165 insider forms, 30 large holders, 81 other. The latest 20:
- Aug 13, 20264 EDGAR
- Aug 11, 2026SCHEDULE 13G EDGAR
- Aug 7, 2026SCHEDULE 13G EDGAR
- Aug 6, 20264 EDGAR
- Aug 5, 2026144 EDGAR
- Aug 4, 2026144 EDGAR
- Aug 4, 20264 EDGAR
- Aug 3, 2026144 EDGAR
- Jul 31, 2026144 EDGAR
- Jul 31, 202610-Q EDGAR
- Jul 29, 20268-K EDGAR
- Jul 9, 2026144 EDGAR
- Jun 18, 202611-K EDGAR
- May 22, 20264 EDGAR
- May 21, 2026144 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
- May 14, 20264 EDGAR
The 329 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last three years, summarized. The full record is on SEC EDGAR.
Insider trades and holders
Large holders
Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 30 such filings since October 2021, the latest 10:
- Aug 11, 2026SCHEDULE 13G
- Aug 7, 2026SCHEDULE 13G
- May 14, 2026SCHEDULE 13G
- May 12, 2026SCHEDULE 13G
- Apr 30, 2026SCHEDULE 13G
- Mar 27, 2026SCHEDULE 13G/A
- Feb 11, 2026SCHEDULE 13G
- Feb 9, 2026SCHEDULE 13G
- Nov 13, 2025SCHEDULE 13G
- Aug 15, 2025SCHEDULE 13G
From Forms 4 and Schedules 13D and 13G filed with the SEC.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 4,787,460 | $769.8M | 0.0% | +27,229 |
| Donald Smith & Co., Inc. | 1,391,480 | $223.7M | 4.0% | −98,558 |
| State Street Corp | 1,326,840 | $213.3M | 0.0% | +67,052 |
| Fmr LLC | 1,230,136 | $197.8M | 0.0% | +10,087 |
| Vanguard Capital Management LLC | 1,105,880 | $177.8M | 0.0% | −9,227 |
| Vanguard Portfolio Management LLC | 1,096,189 | $176.3M | 0.0% | −18,061 |
| Dimensional Fund Advisors LP | 1,061,933 | $170.7M | 0.0% | −6,708 |
| Geode Capital Management, LLC | 682,159 | $109.7M | 0.0% | +22,621 |
| Goldman Sachs Group Inc | 596,306 | $95.9M | 0.0% | +160,139 |
| American Century Companies Inc | 571,029 | $91.8M | 0.0% | −132,037 |
| Franklin Resources Inc | 558,268 | $89.8M | 0.0% | +93,223 |
| Millennium Management LLC | 466,674 | $75.0M | 0.1% | −74,094 |
| Invesco Ltd. | 431,282 | $69.3M | 0.0% | −3,753 |
| Junto Capital Management LP | 338,298 | $54.4M | 1.0% | +10,047 |
| Northern Trust Corp | 320,582 | $51.5M | 0.0% | +12,180 |
| Royce & Associates LP | 316,385 | $50.9M | 0.4% | −52,871 |
| Charles Schwab Investment Management Inc | 309,075 | $49.7M | 0.0% | −10,755 |
| Nomura Asset Management International Inc. | 296,161 | $47.6M | 0.1% | −8,140 |
| Massachusetts Financial Services Co /ma/ | 284,506 | $45.7M | 0.0% | +41,553 |
| Jpmorgan Chase & Co | 271,728 | $44.0M | 0.0% | −24,196 |
| Morgan Stanley | 262,230 | $42.2M | 0.0% | +6,118 |
| GRS Advisors, LLC | 257,646 | $41.4M | 3.5% | New |
| Victory Capital Management Inc | 231,676 | $37.3M | 0.0% | +71,139 |
| Bank Of America Corp /de/ | 196,284 | $31.6M | 0.0% | +49,931 |
| Bank of New York Mellon Corp | 186,778 | $30.0M | 0.0% | +815 |
13F reports cover disclosed long positions in U.S. stocks only.
Links
- Websitewww.mihomes.com1
- X (Twitter)x.com/mihomes1
- Facebookwww.facebook.com/MIHomesInc1
- Instagramwww.instagram.com/mihomes1
- WikidataQ98424095
- SEC EDGARCIK 799292
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataM/I Homes on Wikidata
- 2SEC EDGARM/I Homes filings on SEC EDGAR
- 3SEC EDGARM/I Homes filings on SEC EDGAR
- 4SEC EDGARM/I Homes 10-K for fiscal 2025
- 5SEC EDGARM/I Homes 10-K for fiscal 2019
- 6SEC EDGARM/I Homes 10-K for fiscal 2020
- 7SEC EDGARM/I Homes 10-K for fiscal 2021
- 8SEC EDGARM/I Homes 10-K for fiscal 2022
- 9SEC EDGARM/I Homes 10-Q for fiscal 2026
- 10SEC EDGARM/I Homes 10-Q for fiscal 2026
- 11SEC EDGARM/I Homes 10-K for fiscal 2019
- 12SEC EDGARM/I Homes 10-K for fiscal 2019
- 13
- 14SEC EDGARRobert H. Schottenstein, President
- 15
- 16
- 17
- 18
- 19SEC EDGAREugene Dubois Smith, Board member
- 20SEC EDGARBruce A. Soll, Board member
- 21SEC EDGARKumi D. Walker, Board member
- 22SEC EDGARElizabeth K. Ingram, Board member
- 23SEC EDGARNancy J. Kramer, Board member
- 24SEC EDGARMichael P. Glimcher, Board member
- 25SEC EDGARSharen J. Turney, Board member
- 26SEC EDGARJ. Thomas Mason, Board member
- 27SEC EDGARFriedrich Km Bohm, Board member
- 28SEC EDGARJeffrey H. Miro, Board member
- 29SEC EDGARLewis R. Smoot Sr., Board member
- 30SEC EDGARNorman L. Traeger, Board member
- 31SEC EDGARThomas D. Igoe, Board member
- 32SEC EDGARJoseph A. Alutto, Board member
- 33SEC EDGARYvette McGee Brown, Board member
- 34SEC EDGARSusan E. Krohne, General counsel
- 35SEC EDGARJ. Thomas Mason, General counsel