M/I Homes, Inc.

M/I Homes, Inc.

131.60
USD
-2.72
(-2.03%)
10.52EPS
12.58P/E
3.41BMarket Cap
Feb 03Next Earn

Total Valuation

USD

As of September 30, 2026, M/I Homes, Inc. carries a market capitalization of 3.41B, placing it among publicly traded companies globally. Its enterprise value stands at 3.77B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap3.41B
Enterprise Value3.77B

Important Dates

M/I Homes, Inc.'s next confirmed earnings release is scheduled for February 3, 2027.

Earnings Date2/3/2027

Share Statistics

As of September 30, 2026, M/I Homes, Inc. has 25.24M shares outstanding.

Shares Outstanding25.24M

Valuation Ratios

As of September 30, 2026, M/I Homes, Inc. trades at a trailing price-to-earnings ratio of 12.58. The price-to-sales ratio is 0.83, and the price-to-book ratio stands at 1.05.

PE Ratio12.58
PS Ratio0.83
PB Ratio1.05
P/TBV Ratio1.05
P/FCF Ratio26.00
P/OCF Ratio23.20

Enterprise Valuation

As of September 30, 2026, M/I Homes, Inc. trades at an EV/EBITDA multiple of 10.37 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.90 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 10.92 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. M/I Homes, Inc. trades at an EV/FCF ratio of 27.49, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 3.77B versus a market cap of 3.41B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.90
EV / EBITDA10.37
EV / EBIT10.92
EV / FCF27.49

Financial Position

As of September 30, 2026, M/I Homes, Inc. maintains a current ratio of 15.38, meaning it holds 15.4x the short-term assets needed to cover near-term liabilities.

Current Ratio15.38
Quick Ratio2.14
Debt / Equity30.11
Debt / EBITDA2.69

Financial Efficiency

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Over the twelve months ended September 30, 2026, M/I Homes, Inc. posted a return on equity (ROE) of 8.67, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 6.34 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 5.76, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 6.64, useful for judging operating efficiency across full business cycles. The company generates approximately 2.34M in revenue per employee across its workforce of 1,801.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 0.96 indicates how many times M/I Homes, Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)8.67
Return on Assets (ROA)5.76
Return on Invested Capital (ROIC)6.34
Return on Capital Employed (ROCE)6.64
Revenue Per Employee2.34M
Employee Count1,801.00
Inventory Turnover0.96

Taxes

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Over the twelve months ended September 30, 2026, M/I Homes, Inc. recorded 83.74M in income tax expense. That works out to an effective tax rate of 23.19, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 361.16M, leaving 277.42M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax83.74M
Effective Tax Rate23.19

Stock Price Statistics

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As of the close on November 6, 2026, M/I Homes, Inc.'s stock has gained approximately 3.73% over the past 52 weeks. The 50-day moving average sits at 134.30, while the 200-day moving average is 137.56.

52-Week Price Change3.73%
50-Day Moving Average134.30
200-Day Moving Average137.56

Income Statement

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Over the twelve months ended September 30, 2026, M/I Homes, Inc. generated 4.21B in revenue and converted that into 277.42M in net income, yielding earnings per share of 10.52. EBITDA reached 363.48M, while operating income came in at 385.37M.

Revenue4.21B
Gross Profit910.36M
Operating Income385.37M
Pretax Income361.16M
Net Income277.42M
EBITDA363.48M
EBIT345.28M
Earnings Per Share (EPS)10.52

Balance Sheet

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As of September 30, 2026, M/I Homes, Inc. holds 620.60M in cash and equivalents against 979.32M in total debt, resulting in a net debt position of 307.09M. Total book value stands at 3.25B, with working capital of 4.16B providing operational flexibility.

Cash & Cash Equivalents620.60M
Total Debt979.32M
Net Debt307.09M
Equity (Book Value)3.25B
Book Value Per Share128.88
Working Capital4.16B

Cash Flow

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M/I Homes, Inc. produced 150.51M in operating cash flow over the twelve months ended September 30, 2026. After subtracting -13.42M in capital expenditures, free cash flow totaled 137.09M - equivalent to 5.31 per share.

Operating Cash Flow150.51M
Capital Expenditures-13.42M
Free Cash Flow137.09M
FCF Per Share5.31

Margins

Over the twelve months ended September 30, 2026, M/I Homes, Inc. posted a gross margin of 21.64, reflecting its pricing power and cost economics. The operating margin of 9.16 and net profit margin of 6.59 provide insight into operational efficiency.

Gross Margin21.64
Operating Margin9.16
Pretax Margin8.58
Profit Margin6.59
EBITDA Margin8.64

Dividends & Yields

These figures cover the twelve months ended September 30, 2026. Free cash flow yield stands at 3.85, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 5.70, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to M/I Homes, Inc. shareholders.

Shareholder Yield5.70
FCF Yield3.85

Stock Splits

M/I Homes, Inc.'s most recent stock split took place on June 20, 2002 with a 1:2 split ratio.

Last Split Date6/20/2002
Split Ratio1:2

Scores

As of September 30, 2026, M/I Homes, Inc. has an Altman Z-Score of 4.44, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score4.44