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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,313	4,388	3,940	4,045	3,644	2,959
Other Revenue	120.76	116.21	93.83	86.2	102.03	87.01
Revenue	4,434	4,505	4,034	4,131	3,746	3,046
Revenue Growth (YoY)	8.69%	11.68%	-2.37%	10.29%	22.97%	21.83%
Cost of Revenue	3,266	3,306	3,015	3,088	2,837	2,361
Gross Profit	1,155	1,185	1,009	1,039	905	681.85
Selling, General & Admin	494.63	492.8	431.71	406.39	390.62	357.08
Operating Expenses	494.63	492.8	431.71	406.39	390.62	357.08
Operating Income	660.22	692.4	576.86	632.33	514.38	324.77
Interest Expense	-	-	-	-	-	-6.76
Interest & Investment Income	39.28	41.21	30.38	2.87	1.76	-
Earnings From Equity Investments	-	-	0.03	0.01	2.05	0.47
EBT Excluding Unusual Items	699.49	733.61	607.28	635.21	518.19	318.48
Asset Writedown	-	-	-	-	-	-8.44
Other Unusual Items	-	-	-	-	-9.07	-
Pretax Income	699.49	733.61	607.28	635.21	509.11	310.04
Income Tax Expense	162.59	169.88	141.91	144.55	112.25	70.17
Net Income	536.9	563.73	465.37	490.66	396.87	239.87
Net Income to Common	536.9	563.73	465.37	490.66	396.87	239.87
Net Income Growth	7.30%	21.14%	-5.16%	23.63%	65.45%	88.01%
Shares Outstanding (Basic)	28	28	28	28	29	29
Shares Outstanding (Diluted)	28	29	29	28	30	29
Shares Change (YoY)	-1.73%	-0.40%	0.89%	-4.74%	2.50%	2.38%
EPS (Basic)	19.46	20.29	16.76	17.60	13.64	8.38
EPS (Diluted)	18.93	19.71	16.21	17.24	13.28	8.23
EPS Growth	9.13%	21.59%	-5.97%	29.82%	61.36%	83.70%
Free Cash Flow	119.37	171.32	546.36	174.74	-42.12	156.66
Free Cash Flow Per Share	4.21	5.99	19.03	6.14	-1.41	5.37
Gross Margin	26.05%	26.31%	25.00%	25.14%	24.16%	22.38%
Operating Margin	14.89%	15.37%	14.30%	15.30%	13.73%	10.66%
Profit Margin	12.11%	12.51%	11.54%	11.88%	10.60%	7.88%
Free Cash Flow Margin	2.69%	3.80%	13.55%	4.23%	-1.13%	5.14%
EBITDA	675.95	707.85	591.36	646.94	528.72	339.83
EBITDA Margin	15.25%	15.71%	14.66%	15.66%	14.12%	11.16%
D&A For EBITDA	15.74	15.45	14.49	14.61	14.33	15.06
EBIT	660.22	692.4	576.86	632.33	514.38	324.77
EBIT Margin	14.89%	15.37%	14.30%	15.30%	13.73%	10.66%
Effective Tax Rate	23.24%	23.16%	23.37%	22.76%	22.05%	22.63%

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

SEC Filings: 10-K · 10-Q