M/I Homes, Inc. (MHO) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MHO Revenue Growth
Revenue Breakdown (FY 2025)
MHO's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
MHO Revenue Analysis (2014–2025)
As of May 8, 2026, M/I Homes, Inc. (MHO) generated trailing twelve-month (TTM) revenue of $4.36 billion, reflecting moderate decline in growth of -5.4% year-over-year. The most recent quarter (Q1 2026) recorded $920.7 million in revenue, down 19.8% sequentially.
Looking at the longer-term picture, MHO's 5-year compound annual growth rate (CAGR) stands at +7.7%, indicating steady revenue expansion. The company achieved its highest annual revenue of $4.50 billion in 2024.
Revenue diversification analysis shows MHO's business is primarily driven by Construction (100%), and Land (0%). With over half of revenue concentrated in Construction, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including SKY (+8.7% YoY), TMHC (-9.0% YoY), and GRBK (-0.0% YoY), MHO has underperformed the peer group in terms of revenue growth. Compare MHO vs SKY →
MHO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MHOCurrent | $4.4B | -5.4% | +7.7% | 11.5% | |
 SKY | $2.5B | +8.7% | +12.6% | 9.5% | |
 TMHC | $8.1B | -9.0% | +5.8% | 14.0% | |
 GRBK | $2.1B | -0.0% | +16.5% | 19.5% | |
 CCS | $4.1B | -8.4% | +5.4% | 9.2% | |
 LGIH | $1.7B | -22.6% | -6.4% | 4.7% |
MHO Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.42B | -1.9% | $1.02B | 23.0% | $506.6M | 11.5% |
| 2024 | $4.50B | +11.8% | $1.20B | 26.6% | $706.3M | 15.7% |
| 2023 | $4.03B | -2.5% | $1.01B | 25.2% | $581.8M | 14.4% |
| 2022 | $4.13B | +10.3% | $1.04B | 25.3% | $637.5M | 15.4% |
| 2021 | $3.75B | +23.0% | $908.9M | 24.3% | $518.3M | 13.8% |
| 2020 | $3.05B | +21.9% | $684.8M | 22.5% | $0 | - |
| 2019 | $2.50B | +9.3% | $494.6M | 19.8% | $192.2M | 7.7% |
| 2018 | $2.29B | +16.5% | $443.8M | 19.4% | $163.2M | 7.1% |
| 2017 | $1.96B | +16.0% | $393.3M | 20.0% | $146.3M | 7.5% |
| 2016 | $1.69B | +19.2% | $329.2M | 19.5% | $112.7M | 6.7% |
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Start ComparisonMHO — Frequently Asked Questions
Quick answers to the most common questions about buying MHO stock.
Is MHO's revenue growth accelerating or slowing?
MHO revenue declined -5.4% year-over-year, contrasting with the 5-year CAGR of +7.7%. TTM revenue fell to $4.4B. This reverses the prior growth trend.
What is MHO's long-term revenue growth rate?
M/I Homes, Inc.'s 5-year revenue CAGR of +7.7% reflects the variable expansion pattern. Current YoY growth of -5.4% is below this long-term average.
How is MHO's revenue distributed by segment?
MHO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.