Financials in USD. Standardized financial statements.
A compact view of how M/I Homes, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.42B | $4.50B | $4.03B | $4.13B | $3.75B | $3.05B | $2.50B | $2.29B | $1.96B | $1.69B |
| Revenue Growth? | -1.9% | +11.8% | -2.5% | +10.3% | +23.0% | +21.9% | +9.3% | +16.5% | +16.0% | 0.0% |
| Cost of Revenue? | $3.40B | $3.31B | $3.01B | $3.09B | $2.84B | $2.36B | $2.01B | $1.84B | $1.57B | $1.36B |
| Gross Profit? | $1.02B | $1.20B | $1.01B | $1.04B | $908.91M | $684.78M | $494.56M | $443.77M | $393.27M | $329.15M |
| Gross Margin? | +23.0% | +26.6% | +25.2% | +25.3% | +24.3% | +22.5% | +19.8% | +19.4% | +20.0% | +19.5% |
| Operating Expenses? | $510.65M | $492.80M | $431.71M | $406.39M | $390.62M | $684.78M | $302.34M | $280.61M | $254.61M | $220.41M |
| Operating Income? | $506.55M | $706.29M | $581.83M | $637.45M | $518.30M | $0 | $192.22M | $163.16M | $146.34M | $112.73M |
| EBITDA? | $566.67M | $749.06M | $621.77M | $652.06M | $532.63M | $334.79M | $200.64M | $182.59M | $154.28M | $120.83M |
| Income Before Tax | $526.59M | $733.61M | $607.28M | $635.21M | $509.11M | $310.04M | $166.03M | $141.29M | $120.32M | $91.78M |
| Income Tax Expense | $123.65M | $169.88M | $141.91M | $144.54M | $112.25M | $70.17M | $38.44M | $33.63M | $48.24M | $35.18M |
| Net Income? | $402.94M | $563.73M | $465.37M | $490.66M | $396.87M | $239.87M | $127.59M | $107.66M | $72.08M | $56.61M |
| EPS? | $15.07 | $20.29 | $16.76 | $17.60 | $13.64 | $8.38 | $4.58 | $3.81 | $2.57 | $2.10 |
| Diluted EPS? | $14.74 | $19.71 | $16.21 | $17.24 | $13.28 | $8.23 | $4.48 | $3.69 | $2.26 | $1.84 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality