135.57
+3.02%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About M/I Homes
From its filings with the US Securities and Exchange Commission
M/I Homes is based in Columbus, Ohio and is incorporated in Ohio. Its shares trade on NYSE under the ticker MHO. The SEC classifies its business as operative builders. In the fiscal year to 31 December 2025, it reported revenue of $4.42bn and net income of $402.9m. At that date it held total assets of $4.78bn and shareholders' equity of $3.17bn. By business, Construction [Member] brought in 96.8% of revenue, followed by Financial Service at 2.8% and Land [Member] at 0.4%. By region, Southern Homebuilding [Member] accounted for 54.4%, followed by Northern Homebuilding [Member] at 42.8% and Financial Service at 2.8%.
The Company consists of two distinct operations: homebuilding and financial services. Our homebuilding operations are aggregated for reporting purposes into two reporting segments - the Northern and Southern regions. Our financial services operations support our homebuilding operations by providing mortgage loans and title services to the customers of our homebuilding operations and are reported as an independent segment.
Our financial services operations generate revenue primarily from originating and selling mortgages and collecting fees for title insurance and closing services. We offer mortgage banking services to our homebuyers through our 100%-owned subsidiary, M/I Financial, LLC (“M/I Financial”). We offer title services through subsidiaries that are 100%-owned by the Company. Our financial services operations accounted for 3% of our consolidated revenues in 2025 and 2024. See the “Financial Services” section below for additional information regarding our financial services operations.
We believe we have experienced management teams in each of our divisions with local market expertise. Our business requires in-depth knowledge of local markets to acquire land in desirable locations and on favorable terms, engage subcontractors, plan communities that meet local demand, anticipate consumer tastes in specific markets, and assess local regulatory environments.
Quoted from its 10-K, filed 13 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Household Durables
- Listed since
- 3 Nov 1993
- Employees
- 1,801
- Website
- mihomes.com ↗
- Head office
- 4131 WORTH AVENUE STE 500, COLUMBUS, OH, 43219
- Incorporated in
- OH
- Classification
- Operative Builders
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Robert SchottensteinChairman of the Board, President, Chief Executive Officer, since 1991$10.9m
- Mr. Phillip CreekChief Financial Officer, Executive Vice President, Director, since 1993$5.3m
- Mr. Thomas JacobsRegion President
- Mr. Derek KlutchPresident, Chief Executive Officer of M/I Financial
- Mr. Fred SikorskiRegion President
- Ms. Susan KrohneSenior Vice President, Chief Legal Officer, Secretary$1.6m
- Mr. Bruce SollLead Independent Director$314,879
- Mr. Michael GlimcherIndependent Director$309,879
- Ms. Elizabeth IngramIndependent Director$274,879
- Ms. Nancy KramerIndependent Director$274,879
- Mr. Norman TraegerIndependent Director$294,879
- Mr. Kumi WalkerIndependent Director$274,879
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 42
- Environment
- 64
- Social
- 35
- Governance
- 26
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- M/I Homes Inc has several key strengths that contribute to its success in the industry. Firstly, the company has a strong brand reputation, recognized for its quality craftsmanship and customer satisfaction. This positive perception helps attract potential customers and instill trust in the brand.
- Furthermore, M/I Homes Inc has an extensive portfolio of diverse home designs, catering to various customer preferences and lifestyles. This flexibility allows the company to target a wide range of market segments and capture a larger customer base.
- Additionally, M/I Homes Inc benefits from its well-established network of suppliers and subcontractors. This enables the company to efficiently source materials and services, ensuring timely project completion and cost-effectiveness.
Weaknesses
- Despite its strengths, M/I Homes Inc faces some weaknesses that pose challenges to its operations. One such weakness is its regional concentration, primarily operating in certain states. This limits its market reach and exposes the company to local economic uncertainties and regulatory changes.
- Another weakness is the potential impact of economic downturns on the demand for housing. M/I Homes Inc, like other players in the industry, is susceptible to fluctuations in the housing market, which can affect its sales and profitability.
- Moreover, M/I Homes Inc may encounter issues related to land acquisition and development. The availability of suitable land parcels and potential zoning restrictions could hinder the company's expansion plans and limit its growth opportunities.
Opportunities
- M/I Homes Inc can leverage various opportunities to drive growth and enhance its market position. Firstly, the increasing trend towards eco-friendly and energy-efficient homes presents an opportunity for the company. By incorporating sustainable building practices and offering green features, M/I Homes Inc can attract environmentally conscious customers.
- Additionally, the growing demand for affordable housing presents a potential market segment for M/I Homes Inc to tap into. By developing cost-effective housing solutions without compromising quality, the company can cater to the needs of first-time homebuyers and budget-conscious individuals.
- Furthermore, the expansion into new geographic markets can help M/I Homes Inc diversify its operations and reduce its dependency on specific regions. Exploring untapped markets with favorable demographics and economic conditions can lead to increased sales and market share.
Threats
- M/I Homes Inc faces several threats that could negatively impact its performance. One significant threat is intense competition within the residential construction industry. Competitors may offer similar products, pricing, and marketing strategies, potentially eroding M/I Homes Inc's market share and profitability.
- Another threat stems from regulatory changes and compliance requirements. Changes in building codes, zoning laws, or environmental regulations could increase construction costs and delay project timelines, affecting the company's profitability.
- Moreover, fluctuations in interest rates and mortgage availability pose a threat to M/I Homes Inc. Higher interest rates can reduce home affordability and decrease demand for new homes, potentially impacting the company's sales volume and revenue.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.