M/I Homes, Inc. (MHO)

M/I Homes Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,365	4,388	3,940	4,045	3,644	2,959
Other Revenue	121.45	116.21	93.83	86.2	102.03	87.01
Revenue	4,487	4,505	4,034	4,131	3,746	3,046
Revenue Growth (YoY)	7.46%	11.68%	-2.37%	10.29%	22.97%	21.83%
Cost of Revenue	3,341	3,306	3,015	3,088	2,837	2,361
Gross Profit	1,131	1,185	1,009	1,039	905	681.85
Selling, General & Admin	501.04	492.8	431.71	406.39	390.62	357.08
Operating Expenses	501.04	492.8	431.71	406.39	390.62	357.08
Operating Income	629.56	692.4	576.86	632.33	514.38	324.77
Interest Expense	-	-	-	-	-	-6.76
Interest & Investment Income	35.89	41.21	30.38	2.87	1.76	-
Earnings From Equity Investments	-	-	0.03	0.01	2.05	0.47
EBT Excluding Unusual Items	665.45	733.61	607.28	635.21	518.19	318.48
Asset Writedown	-	-	-	-	-	-8.44
Other Unusual Items	-	-	-	-	-9.07	-
Pretax Income	665.45	733.61	607.28	635.21	509.11	310.04
Income Tax Expense	154.05	169.88	141.91	144.55	112.25	70.17
Net Income	511.4	563.73	465.37	490.66	396.87	239.87
Net Income to Common	511.4	563.73	465.37	490.66	396.87	239.87
Net Income Growth	-3.35%	21.14%	-5.16%	23.63%	65.45%	88.01%
Shares Outstanding (Basic)	27	28	28	28	29	29
Shares Outstanding (Diluted)	28	29	29	28	30	29
Shares Change (YoY)	-2.85%	-0.40%	0.89%	-4.74%	2.50%	2.38%
EPS (Basic)	18.71	20.29	16.76	17.60	13.64	8.38
EPS (Diluted)	18.23	19.71	16.21	17.24	13.28	8.23
EPS Growth	-0.55%	21.59%	-5.97%	29.82%	61.36%	83.70%
Free Cash Flow	132.5	171.32	546.36	174.74	-42.12	156.66
Free Cash Flow Per Share	4.72	5.99	19.03	6.14	-1.41	5.37
Gross Margin	25.20%	26.31%	25.00%	25.14%	24.16%	22.38%
Operating Margin	14.03%	15.37%	14.30%	15.30%	13.73%	10.66%
Profit Margin	11.40%	12.51%	11.54%	11.88%	10.60%	7.88%
Free Cash Flow Margin	2.95%	3.80%	13.55%	4.23%	-1.13%	5.14%
EBITDA	645.57	707.85	591.36	646.94	528.72	339.83
EBITDA Margin	14.39%	15.71%	14.66%	15.66%	14.12%	11.16%
D&A For EBITDA	16.01	15.45	14.49	14.61	14.33	15.06
EBIT	629.56	692.4	576.86	632.33	514.38	324.77
EBIT Margin	14.03%	15.37%	14.30%	15.30%	13.73%	10.66%
Effective Tax Rate	23.15%	23.16%	23.37%	22.76%	22.05%	22.63%

Updated Jul 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q