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Companies / Industrials / M/I HOMES, INC.
MHO

M/I HOMES, INC.

IndustrialsConstruction
Ticker MHOCOLUMBUS, OHFiscal year ends DecemberBook value per share $122.36Diluted shares 26.4M

M/I Homes, Inc. (NYSE: MHI) is one of the nation's leading builders of single-family homes, having commenced homebuilding activities in 1976 and marking its 50th year in business in 2026. The company has sold over 168,200 homes throughout its history and maintains its principal executive offices in Columbus, Ohio,… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$4.42B
−1.9% year over year
Last 12 mo $4.26B
0.00%
$402.94M
−28.5% year over year
Last 12 mo $317.36M
12.73%
−6.5 percentage points
Last 12 mo 9.83%
Cash & financing
$137.35M
−23.6% year over year
Last 12 mo $207.24M
$127.74M
−25.4% year over year
Last 12 mo $196.06M
0.32
Was 0.36× a year earlier
Last 12 mo 0.29
27.3M
−4.4% year over year
Last 12 mo 26.4M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What M/I HOMES, INC. does

In the company’s own words

M/I Homes, Inc. (NYSE: MHI) is one of the nation's leading builders of single-family homes, having commenced homebuilding activities in 1976 and marking its 50th year in business in 2026. The company has sold over 168,200 homes throughout its history and maintains its principal executive offices in Columbus, Ohio, with additional information available at www.mihomes.com.

The company operates through two primary business segments: homebuilding and financial services. Homebuilding represents the dominant portion of the business, accounting for 97 percent of consolidated revenue, while financial services contributes 3 percent. The homebuilding operations are organized into two reporting regions—Northern and Southern—encompassing 17 distinct markets across ten states. As of December 31, 2025, M/I Homes offered homes for sale in 232 communities, with an average sales price of $479,000 for homes delivered during 2025 and $547,000 for homes in backlog. The company designs, markets, constructs and sells single-family homes and attached townhomes targeting first-time, move-up, empty-nester and luxury buyers, with offerings ranging from approximately $190,000 to $1,250,000.

The financial services segment operates through M/I Financial, a wholly-owned subsidiary providing mortgage banking services, and through title service subsidiaries offering title insurance and closing services. M/I Financial holds approvals from the Federal Housing Administration, Veterans Administration, Department of Agriculture and major mortgage entities including Fannie Mae, Freddie Mac and Ginnie Mae.

As of December 31, 2025, M/I Homes employed 1,801 people, including 1,400 in homebuilding operations, 260 in financial services and 141 in management and administrative services. The company maintains a land position of approximately 49,981 total lots, including developed lots, lots under development and undeveloped lots, with a strategic goal of maintaining a three to five-year supply of lots across its markets. The company distinguishes itself through high-quality construction, energy-efficient home designs, comprehensive customer service, integrated mortgage financing and title services, and a focus on community design and neighborhood development.

Company details
Sector
Industrials
Industry
Construction
Headquarters
COLUMBUS, OH
Fiscal year end
December
CIK
799292
SIC
1531

Financial performance, year by year

Fiscal 2013–2025 · USD
$-450.47M$900.93M$2.25B$3.60B$4.96B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns M/I HOMES, INC. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

340
funds hold it
0 of 35
superinvestors hold it
$2.00B
held by funds, at market
52.9%
of shares held by funds
2
bond issues held by funds

Largest fund holders · M/I HOMES, INC.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.22%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.13%of fund net assets
Fidelity Low-Priced Stock Fund
FLPSX · Fidelity Puritan Trust
0.25%of fund net assets
T. Rowe Price Small-Cap Value Fund, Inc.
PRSVX · T. ROWE PRICE SMALL-CAP VALUE FUND, INC.
0.55%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

M/I HOMES, INC.’s bonds, as funds hold them

Funds report holding 2 issues of M/I HOMES, INC.’s debt, $206.71M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.52%, maturing 2028 to 2030.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do M/I HOMES, INC. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of M/I HOMES, INC.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in M/I HOMES, INC.'s last four quarterly filings that the numbers alone won't show?”
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