M/I Homes, Inc. (MHO) stock
MHONYSEOperative BuildersFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 23, 2026Score 11/3015% above fair value
$126.96+0.31 (+0.24%)
Close on Nov 13, 2026Market cap $3.18BP/E 12.1Yield –
M/I Homes gross margin
Gross margin is gross profit as a percentage of revenue.
M/I Homes's gross margin for the twelve months ending Sep 30, 2026 was 20.7%. For fiscal 2025 it was 23.0%, against 26.6% the year before. The highest annual figure on record is 26.6% in fiscal 2024.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 23.0% | −3.6 |
| FY2024 | Dec 31, 2024 | 26.6% | +1.4 |
| FY2023 | Dec 31, 2023 | 25.3% | −0.0 |
| FY2022 | Dec 31, 2022 | 25.3% | +1.0 |
| FY2021 | Dec 31, 2021 | 24.3% | +1.8 |
| FY2020 | Dec 31, 2020 | 22.5% | +2.7 |
| FY2019 | Dec 31, 2019 | 19.8% | +0.1 |
| FY2018 | Dec 31, 2018 | 19.7% | −0.8 |
| FY2017 | Dec 31, 2017 | 20.4% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 20.9% | −3.0 |
| Q2 FY2026 | Jun 30, 2026 | 22.1% | −2.5 |
| Q1 FY2026 | Mar 31, 2026 | 22.0% | −3.9 |
| Q4 FY2025 | Dec 31, 2025 | 18.1% | −6.5 |
| Q3 FY2025 | Sep 30, 2025 | 23.9% | −3.2 |
| Q2 FY2025 | Jun 30, 2025 | 24.7% | −3.2 |
| Q1 FY2025 | Mar 31, 2025 | 25.9% | −1.2 |
| Q4 FY2024 | Dec 31, 2024 | 24.6% | −0.5 |
| Q3 FY2024 | Sep 30, 2024 | 27.1% | +0.2 |
| Q2 FY2024 | Jun 30, 2024 | 27.9% | +2.4 |
| Q1 FY2024 | Mar 31, 2024 | 27.1% | +3.6 |
| Q4 FY2023 | Dec 31, 2023 | 25.1% | +2.6 |
| Q3 FY2023 | Sep 30, 2023 | 26.9% | +0.1 |
| Q2 FY2023 | Jun 30, 2023 | 25.5% | −1.9 |
| Q1 FY2023 | Mar 31, 2023 | 23.5% | −1.3 |
| Q4 FY2022 | Dec 31, 2022 | 22.6% | −0.6 |
| Q3 FY2022 | Sep 30, 2022 | 26.8% | +2.3 |
| Q2 FY2022 | Jun 30, 2022 | 27.3% | +2.2 |
| Q1 FY2022 | Mar 31, 2022 | 24.8% | +0.4 |
| Q4 FY2021 | Dec 31, 2021 | 23.2% | −0.8 |
| Q3 FY2021 | Sep 30, 2021 | 24.5% | +1.6 |
| Q2 FY2021 | Jun 30, 2021 | 25.1% | +3.2 |
| Q1 FY2021 | Mar 31, 2021 | 24.4% | +4.2 |
| Q4 FY2020 | Dec 31, 2020 | 24.0% | +4.7 |
| Q3 FY2020 | Sep 30, 2020 | 22.9% | +2.4 |
| Q2 FY2020 | Jun 30, 2020 | 21.9% | +2.7 |
| Q1 FY2020 | Mar 31, 2020 | 20.2% | +0.9 |
| Q4 FY2019 | Dec 31, 2019 | 19.2% | +1.2 |
| Q3 FY2019 | Sep 30, 2019 | 20.5% | +0.1 |
| Q2 FY2019 | Jun 30, 2019 | 19.2% | +0.6 |
| Q1 FY2019 | Mar 31, 2019 | 19.3% | −2.1 |
| Q4 FY2018 | Dec 31, 2018 | 18.0% | −1.5 |
| Q3 FY2018 | Sep 30, 2018 | 20.4% | −0.9 |
| Q4 FY2017 | Dec 31, 2017 | 18.6% | −1.4 |
| Q3 FY2017 | Sep 30, 2017 | 21.4% | +3.5 |
| Q2 FY2017 | Jun 30, 2017 | 19.5% | – |
| Q1 FY2017 | Mar 31, 2017 | 21.3% | – |
| Q4 FY2016 | Dec 31, 2016 | 20.0% | – |
| Q3 FY2016 | Sep 30, 2016 | 17.8% | – |
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