M/I Homes Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,418	4,505	4,034	4,131	3,746
Revenue Growth (YoY)	-1.93%	11.68%	-2.37%	10.29%	22.97%
Cost of Revenue	3,401	3,306	3,015	3,088	2,837
Gross Profit	1,017	1,199	1,019	1,044	908.92
Selling, General & Admin	510.65	492.8	431.71	406.39	390.62
Other Operating Expenses	-	-0.03	-	-0.01	-2.05
Total Operating Expenses	510.65	492.76	431.71	406.39	388.57
Operating Income	506.55	706.13	587.22	637.46	520.34
Interest Expense	20.04	27.51	20.02	-2.25	-2.16
Other Non-Operating Income (Expense)	-20.04	-27.51	-20.02	2.25	-6.92
Total Non-Operating Income (Expense)	0	0	0	0	-9.07
Pretax Income	526.59	733.61	607.28	635.21	509.11
Provision for Income Taxes	123.65	169.88	141.91	144.55	112.25
Net Income	402.94	563.73	465.37	490.66	396.87
Net Income to Common	402.94	563.73	465.37	490.66	396.87
Net Income Growth	-28.52%	21.14%	-5.16%	23.63%	65.45%
Shares Outstanding (Basic)	27	28	28	28	29
Shares Outstanding (Diluted)	27	29	29	28	30
Shares Change (YoY)	-4.41%	-0.40%	0.89%	-4.74%	2.50%
EPS (Basic)	15.07	20.29	16.76	17.60	13.64
EPS (Diluted)	14.74	19.71	16.21	17.24	13.28
EPS Growth	-25.22%	21.59%	-5.97%	29.82%	61.36%
Shares Outstanding	25.76	27.06	27.76	26.84	28.5
Free Cash Flow	127.74	171.32	546.36	174.74	-42.12
Free Cash Flow Growth	-25.44%	-68.64%	212.67%	-	-
Free Cash Flow Per Share	4.67	5.99	19.03	6.14	-1.41
Gross Margin	23.03%	26.61%	25.26%	25.27%	24.26%
Operating Margin	11.47%	15.68%	14.56%	15.43%	13.89%
Profit Margin	9.12%	12.51%	11.54%	11.88%	10.59%
FCF Margin	2.89%	3.80%	13.55%	4.23%	-1.12%
EBITDA	526.6	724.83	604.59	654.63	537.26
EBITDA Margin	11.92%	16.09%	14.99%	15.85%	14.34%
EBIT	506.55	706.13	587.22	637.46	520.34
EBIT Margin	11.47%	15.68%	14.56%	15.43%	13.89%
Effective Tax Rate	23.48%	23.16%	23.37%	22.76%	22.05%

Updated Jan 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q