Last 48 quarters of trend data · Consumer Cyclical · Residential Construction
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
M/I Homes, Inc.'s quarterly P/E stands at 12.0x, up 67.4% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 70.0% YoY to 10.2x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 8.82 | 12.00 | 13.38 | 9.21 | 6.34 | 7.17 | 7.06 | 8.40 | 5.96 | 7.13 | 9.41 | 4.36 | 5.29 |
| — | +67.4% | +89.7% | +9.7% | +6.3% | +0.6% | -25.0% | +92.7% | +12.7% | +64.5% | +278.9% | +124.7% | +155.6% | |
| P/S Ratio | 0.76 | 0.88 | 0.75 | 0.88 | 0.67 | 0.82 | 0.79 | 1.07 | 0.79 | 0.94 | 1.02 | 0.58 | 0.61 |
| — | +7.8% | -5.2% | -18.1% | -15.5% | -12.9% | -22.5% | +85.2% | +28.3% | +110.7% | +283.1% | +129.7% | +125.8% | |
| P/B Ratio | 1.12 | 1.02 | 1.08 | 1.26 | 1.01 | 1.06 | 1.29 | 1.72 | 1.28 | 1.49 | 1.57 | 1.00 | 1.09 |
| — | -4.0% | -16.2% | -26.6% | -21.2% | -28.9% | -17.8% | +72.0% | +17.6% | +82.4% | +151.9% | +89.6% | +74.1% | |
| P/FCF | 27.75 | 5.99 | — | 23.65 | 22.07 | 12.55 | 9.29 | — | 39.76 | 8.52 | 18.37 | 7.86 | 3.76 |
| — | -52.3% | — | — | -44.5% | +47.3% | -49.4% | — | +958.7% | +376.1% | +994.8% | — | -89.8% | |
| EV / EBITDA | 7.12 | 10.16 | 11.86 | 7.37 | 5.19 | 5.97 | 5.98 | 7.04 | 4.79 | 5.71 | 7.76 | 3.76 | 4.47 |
| — | +70.0% | +98.3% | +4.7% | +8.3% | +4.5% | -23.0% | +87.3% | +7.2% | +42.4% | +163.4% | +35.9% | +76.7% | |
| EV / EBIT | 7.40 | 10.16 | 7.15 | 6.45 | 5.20 | 5.81 | 6.12 | 6.83 | 4.87 | 5.83 | 7.98 | 3.84 | 4.45 |
| — | +74.8% | +16.7% | -5.6% | +6.8% | -0.4% | -23.3% | +78.1% | +9.4% | +41.4% | +164.8% | +34.6% | +72.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
M/I Homes, Inc.'s operating margin was 9.3% in Q1 2026, up 2.8 pp QoQ and down 4.9 pp YoY. The trailing four-quarter average of 10.4% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 14.3% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.0% | 22.0% | 18.1% | 24.1% | 24.7% | 25.7% | 24.6% | 26.9% | 27.8% | 27.1% | 25.1% | 26.9% | 25.5% |
| — | -14.3% | -26.5% | -10.4% | -11.4% | -5.1% | -2.0% | -0.1% | +9.1% | +15.4% | +11.4% | +0.3% | -6.6% | |
| Operating Margin | 11.5% | 9.3% | 6.5% | 12.2% | 13.4% | 14.2% | 13.6% | 15.7% | 16.8% | 16.6% | 13.4% | 16.5% | 14.9% |
| — | -34.2% | -52.2% | -22.4% | -20.2% | -14.3% | +1.9% | -4.5% | +12.6% | +23.1% | -1.2% | -0.4% | -15.2% | |
| Net Margin | 9.1% | 7.4% | 5.6% | 9.4% | 10.4% | 11.4% | 11.1% | 12.8% | 13.2% | 13.2% | 10.8% | 13.3% | 11.6% |
| — | -35.5% | -49.6% | -26.3% | -21.2% | -13.4% | +2.3% | -4.0% | +13.7% | +28.0% | +1.0% | +2.3% | -11.5% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.2% | 2.1% | 2.0% | 3.4% | 4.0% | 3.7% | 4.6% | 5.2% | 5.5% | 5.4% | 4.3% | 5.9% | 5.3% |
| — | -43.0% | -56.1% | -34.4% | -27.0% | -30.1% | +8.3% | -11.5% | +3.6% | +10.5% | -34.5% | -16.0% | -32.2% | |
| ROA | 8.6% | 1.4% | 1.3% | 2.2% | 2.6% | 2.4% | 3.0% | 3.3% | 3.4% | 3.4% | 2.6% | 3.5% | 3.1% |
| — | -41.9% | -54.9% | -32.3% | -24.2% | -27.4% | +12.9% | -6.5% | +10.9% | +21.6% | -26.5% | -4.9% | -23.1% | |
| ROIC | 11.3% | 1.8% | 1.6% | 3.1% | 3.6% | 3.3% | 3.9% | 4.5% | 5.0% | 4.8% | 3.6% | 5.0% | 4.4% |
| — | -43.4% | -59.0% | -31.2% | -27.9% | -31.8% | +7.7% | -9.5% | +13.6% | +27.1% | -17.7% | +6.2% | -20.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
M/I Homes, Inc.'s Debt/EBITDA ratio is 11.8x, down from 13.5x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 66.2% YoY to 4.64x, tightening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.34 | 0.32 | 0.34 | 0.31 | 0.33 | 0.33 | 0.35 | 0.35 | 0.36 | 0.37 | 0.36 | 0.39 | 0.41 |
| — | -3.0% | -2.7% | -10.3% | -6.1% | -11.8% | -3.2% | -11.8% | -12.9% | -17.2% | -24.5% | -18.8% | -21.0% | |
| Debt / EBITDA | 2.06 | 11.75 | 13.46 | 6.85 | 6.41 | 6.91 | 6.17 | 5.39 | 5.13 | 5.52 | 6.87 | 5.43 | 6.06 |
| — | +70.1% | +118.1% | +27.1% | +24.9% | +25.1% | -10.2% | -0.7% | -15.4% | -21.8% | +15.5% | -1.0% | +20.3% | |
| Current Ratio | 24.19 | 4.64 | 7.94 | 13.73 | 13.45 | 13.72 | 15.98 | 11.90 | 10.76 | 12.22 | 13.10 | 10.66 | 9.78 |
| — | -66.2% | -50.3% | +15.3% | +25.1% | +12.3% | +22.0% | +11.7% | +10.0% | +9.2% | +21.8% | +37.9% | +42.1% | |
| Quick Ratio | 5.51 | 3.56 | 1.81 | 3.30 | 3.57 | 3.54 | 4.44 | 2.98 | 2.86 | 3.48 | 3.44 | 2.87 | 2.52 |
| — | +0.5% | -59.3% | +10.7% | +24.7% | +1.7% | +29.0% | +3.8% | +13.6% | +28.7% | +75.8% | +294.6% | +166.7% | |
| Interest Coverage | 27.28 | — | 2.51 | 6.90 | 36.58 | 28.12 | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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M/I Homes, Inc.'s current P/E is 8.8x. The average P/E over the last 4 quarters is 10.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
M/I Homes, Inc.'s current operating margin is 11.5%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking M/I Homes, Inc.'s business trajectory between earnings reports.