Overview
M/I Homes is one of the nation's leading builders of single-family homes, having sold over 160,000 homes since commencing homebuilding activities in 1976. The company's homes are marketed and sold primarily under the M/I Homes brand. It delivers homes to first-time, move-up, empty-nest, and luxury buyers at prices ranging from about $190,000 to $1,010,000 and sizes ranging from 1,000 to 5,500 sq. ft. M/I Homes also builds attached townhomes in select
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Read More markets. The company is currently offering homes for sale in about 220 communities within over 15 markets located in ten states. In addition, its M/I Financial mortgage banking subsidiary provides title and mortgage services.
Read Less
Read More markets. The company is currently offering homes for sale in about 220 communities within over 15 markets located in ten states. In addition, its M/I Financial mortgage banking subsidiary provides title and mortgage services.
Read Less
#
741
Fortune 1000 Revenue Rank
Robert H Schottenstein
See more contacts
Residential Building Construction
,
Nondepository Credit Intermediation
,
Construction of Buildings
,
Construction
,
Speculative builder, single-family houses
See All Industries , Townhouse developers Mortgage bankers and loan correspondents
See Fewer Industries
See All Industries , Townhouse developers Mortgage bankers and loan correspondents
See Fewer Industries
Building Equipment Contractors
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Building Finishing Contractors
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Foundation, Structure, and Building Exterior Contractors
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Highway, Street, and Bridge Construction
,
Land Subdivision
,
Nonresidential Building Construction
,
Other Heavy and Civil Engineering Construction
,
Other Specialty Trade Contractors
View more Utility System Construction
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View more Utility System Construction
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Actual
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Actual
$4.50 billion
Actual
11.68%
21.14%
$4,549
DEC
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NYSE:MHO
Contacts
Get in Touch with 3 Principals* and 1,124 Contacts
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Robert H SchottensteinChairman of the Board and President
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$4.50 billion
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $180 | $552 | $184 |
| Net Investing Cash | -$55 | -$19 | -$27 |
| Net Financing Cash | -$36 | -$112 | -$82 |
| Net Change in Cash | $89 | $421 | $75 |
| Cash at Beginning of Period | $733 | $312 | $236 |
| Cash at End of Period | $822 | $733 | $312 |
| Capital Expenditure | -$8 | -$6 | -$9 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $822 | $733 | $312 |
| Accounts Receivable | $ | $ | $ |
| Inventories | $3,022 | $2,746 | $2,773 |
| Other Current Assets | $353 | $228 | $298 |
| Asset Summary | |||
| Total Current Assets | $4,197 | $3,706 | $3,383 |
| Tangible Fixed Assets | $88 | $91 | $98 |
| Intangible Assets | $10 | $11 | $16 |
| Total Assets | $4,550 | $4,022 | $3,715 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $199 | $205 | $229 |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $69 | $85 | $93 |
| Liability Summary | |||
| Total Current Liabilities | $268 | $290 | $322 |
| Long-Term Debt | $981 | $860 | $938 |
| Other Long-Term Liabilities | $84 | $99 | $111 |
| Total Liabilities | $1,610 | $1,506 | $1,644 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $0 | $0 | $0 |
| Retained Earnings | $2,865 | $2,301 | $1,836 |
| Equity Summary | |||
| Total Equity | $2,940 | $2,517 | $2,071 |
| Shares Outstanding | 27,063,023 | 27,761,299 | 27,440,083 |