M/I Homes (MHO) earnings

Results to: Jun 2026
Latest analysed call: Jun 2026 (Q2 FY26)
Balance sheet to: Dec 2025

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M/I Homes earnings: last reported Wed, 29 Jul 2026, for the quarter ended Jun 2026.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

Metric	Value	Change	Basis	Period	Note
Revenue	1,063 $ million	−8.5% YoY	Quarterly, as filed	Quarter to Jun 2026	Revenue from operations as filed.
Operating margin	9.5 %	−3.9 pts YoY	Operating profit / revenue	Quarter to Jun 2026	For the quarter; a change is in percentage points.
Net profit	79.1 $ million	−34.8% YoY	Quarterly, as filed	Quarter to Jun 2026	Profit after tax as filed.

Source: Inve data from filed results (SEC filings) · to Jun 2026

Price

$122.02 −1.98% · −$2.46

Last close Oct 19, 2026 · US · USD

Performance −11.3% 1Y

1Y: $137.64 on 17 Oct 2025 → $122.02. High $163 (26 Jun 2026), low $117.69 (7 Apr 2026).

Previous close: $124.48
52-week range: $117.69 – $163
One year: −12.22%

Overview

Symbol: MHO
Sector: Consumer Discretionary
Exchange: US
Currency: USD

Financials

What the filings say

Net profit, year on year: −35% (quarter to jun 2026 against jun 2025).

In $ million. Oldest period first.

Line item	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	1,143	1,205	976	1,163	1,132	1,147	921	1,063
Expenses	954	1,035	830	1,002	992	1,067	832	959
Operating profit	182	164	141	156	135	75	86	101
Operating margin	15.9%	13.6%	14.4%	13.4%	11.9%	6.5%	9.3%	9.5%
Net profit	145	133	111	121	106	64	68	79
EPS ($ per share)	5.26	—	4.07	4.52	4.01	—	2.61	3.08

Source: Inve data · income statement, quarterly · to Jun 2026

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Equity capital	0	0	0	0	0	0	0	0
Reserves	581	709	948	1,345	1,836	2,301	2,865	3,268
Total liabilities	1,166	1,102	1,384	1,616	1,644	1,506	1,610	1,611
Fixed assets	29	22	27	38	37	35	35	34
Total assets	2,022	2,106	2,643	3,240	3,715	4,022	4,550	4,777

Source: Inve data · balance sheet · to Dec 2025

In $ million. Oldest period first.

Line item	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Cash from operations	-3	66	168	-17	184	552	180	137
Cash from investing	-134	-28	-34	-52	-27	-19	-55	-60
Cash from financing	6	-53	120	44	-82	-112	-36	-210
Net cash flow	—	-15	255	-24	75	421	89	-132
Capital expenditure	-8	-5	-12	-25	-9	-6	-8	-10
Free cash flow	-11	61	157	-42	175	546	171	128

Source: Inve data · cash flow · to Dec 2025

MHO operating KPIs by quarter

MHO operating KPIs stated on its earnings calls, by fiscal quarter
KPI	Mar 2026 Q1 FY26	Jun 2026 Q2 FY26	Change vs prior quarter
Homes closed	1,914 During the quarter, we closed 1,914 homes a 3% decrease compared to a year ago. Source: earnings call transcript	2,206 We closed 2,206 homes in the quarter, down 6% compared to a year ago. Source: earnings call transcript	+15.3%
Homes sold	2,350 We sold 2,350 homes during the quarter. Source: earnings call transcript	2,387 For the second quarter, we sold a second quarter record 2,387 homes, 15% better than last year. Source: earnings call transcript	+1.6%
Average buyer credit score	747 We continue to see high-quality buyers in terms of creditworthiness with average credit scores of 747 and an average down payment of 15%. Source: earnings call transcript	748 We continue to see quality buyers for the most part, in terms of creditworthiness with average credit scores of 748 and an average down payment of about 15%. Source: earnings call transcript	+0.1%
Owned lots	~24.2K Company-wide, we own approximately 24,200 lots, which is slightly less than a 3-year supply. Source: earnings call transcript	~23.5K Company-wide, we own approximately 23,500 lots, which is roughly a 2.5-year supply. Source: earnings call transcript	—
Controlled lots	~25.8K In addition, we control approximately 25,800 lots via option contracts, which results in a total of roughly 50,000 owned and controlled lots equating to about a 5-year supply. Source: earnings call transcript	~25.7K In addition, we control approximately 25,700 lots via option contracts, resulting in a total of slightly more than 49,000 owned and controlled lots, which equates to about a 5-year supply. Source: earnings call transcript	—
Owned and controlled lots	~50K In addition, we control approximately 25,800 lots via option contracts, which results in a total of roughly 50,000 owned and controlled lots equating to about a 5-year supply. Source: earnings call transcript	49K+ In addition, we control approximately 25,700 lots via option contracts, resulting in a total of slightly more than 49,000 owned and controlled lots, which equates to about a 5-year supply. Source: earnings call transcript	—
Cancellation rate	8% Our cancellation rate for the quarter was 8%. Source: earnings call transcript	8% Our sales were up 13% in April, up 23% in May and up 9% in June, and our cancellation rate for the second quarter was 8%. Source: earnings call transcript	0 pt
Communities closed	24 During the quarter, we opened 22 new communities while closing 24. Source: earnings call transcript	23 During the quarter, we opened 27 new communities while closing 23. Source: earnings call transcript	-4.2%
Homes in the field	4,600 And as of March 31, we had 4,600 homes in the field versus 4,800 homes in the field a year ago. Source: earnings call transcript	5,100 And at June 30, we had 5,100 homes in the field, flat versus a year ago. Source: earnings call transcript	+10.9%
Average loan to value	85% Average loan to value on our first mortgages for the quarter was 85% compared to 83% in 2025's first quarter, 66% of the loans closed in the quarter were conventional and 34% FHA/VA, compared to 57% and 43%, respectively, for 2025's first quarter. Source: earnings call transcript	85% The average loan-to-value on our first mortgages for the second quarter was 85% compared to 83% in 2025's second quarter. Source: earnings call transcript	0 pt
Average mortgage amount	$401K Our average mortgage amount decreased to $401,000 in 2026 this first quarter compared to $406,000 last year. Source: earnings call transcript	$405K Our average mortgage amount increased to $405,000 in 2026 second quarter compared to $403,000 last year. Source: earnings call transcript	+1%
Loans originated	1,579 Loans originated increased to 1,579 loans, which was up 3% from last year, while the volume of loans sold increased by 1%. Source: earnings call transcript	1,817 Loans originated decreased to 1,817, which was down 3% from last year, while the volume of loans sold increased by 6%. Source: earnings call transcript	+15.1%
Mortgage capture rate	96% Finally, our mortgage operation captured 96% of our business in the first quarter, up from 92% last year. Source: earnings call transcript	96% Our mortgage company had a terrific and very strong second quarter, capturing a record 96% of our business. Source: earnings call transcript	0 pt

Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.

Insider filings

58 filings between Dec 11, 2025 and Aug 5, 2026.

Open market

decisions to buy or sell

Purchases

None

No insider bought shares.

Sales

$22.79M

38 sales by 5 insiders

Compensation

not trading decisions

6: Award — granted as compensation
13: Option exercise — converted options into shares

Also filed: 1 gift.

Who traded

open market only

Insider	Bought	Sold	Last filing
CREEK PHILLIP G	—	$12.42M	Aug 5, 2026
SCHOTTENSTEIN ROBERT H	—	$9.07M	Feb 18, 2026
Krohne Susan E	—	$1.03M	Feb 19, 2026
KRAMER NANCY J	—	$228.8K	May 21, 2026
HUNKER ANN MARIE	—	$37.0K	Feb 18, 2026

Latest filings (50)

Date	Insider	What	Shares	Value
Aug 5, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	6,588	$998.3K
Aug 5, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	544	$82.7K
Aug 5, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	2,868	$431.7K
Aug 5, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Option exercise	10,000	$518.2K
Aug 4, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	10,000	$1.50M
Aug 4, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Option exercise	12,000	$621.8K
Aug 4, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	10,000	$1.49M
Aug 4, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Option exercise	8,000	$380.7K
Aug 3, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Option exercise	10,000	$475.9K
Aug 3, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	10,000	$1.48M
Jul 31, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Option exercise	10,000	$475.9K
Jul 31, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	10,000	$1.50M
May 21, 2026	KRAMER NANCY J Director	Sale	100	$12.6K
May 21, 2026	KRAMER NANCY J Director	Sale	3	$377
May 21, 2026	KRAMER NANCY J Director	Sale	100	$12.6K
May 21, 2026	KRAMER NANCY J Director	Sale	240	$30.2K
May 21, 2026	KRAMER NANCY J Director	Sale	794	$99.5K
May 21, 2026	KRAMER NANCY J Director	Sale	100	$12.6K
May 21, 2026	KRAMER NANCY J Director	Sale	477	$60.0K
May 21, 2026	KRAMER NANCY J Director	Sale	4	$503
May 21, 2026	KRAMER NANCY J Director	Sale	4	$503
May 13, 2026	KRAMER NANCY J Director	Option exercise	1,822	—
May 13, 2026	Walker Kumi D Director	Option exercise	455	—
Feb 24, 2026	SOLL BRUCE A Director	Option exercise	824	—
Feb 20, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	2,205	$313.5K
Feb 19, 2026	Krohne Susan E Chief Legal Officer, Secretary	Sale	661	$94.9K
Feb 18, 2026	SCHOTTENSTEIN ROBERT H Chairman, CEO & President	Sale	541	$79.4K
Feb 18, 2026	SCHOTTENSTEIN ROBERT H Chairman, CEO & President	Sale	10,409	$1.51M
Feb 18, 2026	SCHOTTENSTEIN ROBERT H Chairman, CEO & President	Sale	16,354	$2.35M
Feb 18, 2026	SCHOTTENSTEIN ROBERT H Chairman, CEO & President	Sale	304	$44.7K
Feb 18, 2026	SCHOTTENSTEIN ROBERT H Chairman, CEO & President	Option exercise	24,000	$1.14M
Feb 18, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	1,805	$262.6K
Feb 18, 2026	Krohne Susan E Chief Legal Officer, Secretary	Sale	542	$78.9K
Feb 18, 2026	HUNKER ANN MARIE Principal Accounting Officer	Sale	121	$17.6K
Feb 13, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	3,604	$536.1K
Feb 13, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	500	$73.6K
Feb 13, 2026	Krohne Susan E Chief Legal Officer, Secretary	Sale	763	$113.0K
Feb 13, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	55	$8.3K
Feb 13, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	6,728	$1.00M
Feb 12, 2026	Krohne Susan E Chief Legal Officer, Secretary	Sale	491	$72.1K
Feb 12, 2026	HUNKER ANN MARIE Principal Accounting Officer	Sale	132	$19.4K
Feb 12, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Sale	8,616	$1.26M
Feb 12, 2026	SCHOTTENSTEIN ROBERT H Chairman, CEO & President	Sale	14,974	$2.20M
Feb 11, 2026	Krohne Susan E Chief Legal Officer, Secretary	Award	3,095	$0
Feb 11, 2026	SCHOTTENSTEIN ROBERT H Chairman, CEO & President	Award	25,540	$3.71M
Feb 11, 2026	HUNKER ANN MARIE Principal Accounting Officer	Award	1,031	$0
Feb 11, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Award	12,036	$0
Feb 11, 2026	CREEK PHILLIP G Ex. Vice President and CFO	Award	15,324	$2.23M
Feb 11, 2026	SCHOTTENSTEIN ROBERT H Chairman, CEO & President	Award	24,073	$0
Feb 10, 2026	SCHOTTENSTEIN ROBERT H Chairman, CEO & President	Option exercise	20,000	$844.6K

Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.

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M/I Homes (MHO) earnings

The figures, each with its period

Performance −11.3% 1Y

Jun 2026 (Q2 FY26) — Jul 29, 2026

Mar 2026 (Q1 FY26) — Apr 22, 2026

M/I Homes earnings calls (MHO)

What the filings say

MHO operating KPIs by quarter

Insider filings

Open market

Compensation

Who traded

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