How profitable is M/I Homes Inc. (MHO)?

In FY 2025 (10-K), MHO converted $4.4B of revenue into a 23% gross margin, 11.5% operating margin, and $127.7M in free cash flow (2.9% FCF margin).

Stock Ratings / Consumer Discretionary / MHO / financials

KBH (53) GEO (47) GRBK (56) MTH (59) ⌘ Pro Terminal →

M/I Homes Inc. (MHO) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$132.76 +3.49% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $133.34

M/I Homes Inc. (MHO) carries a Roarable Rating of D (Sell) with 48/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

ROARABLE D • SELL / AVOID Cap $3.21B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

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🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is MHO stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, M/I Homes Inc. (NYSE: MHO) is rated D (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 48/100 at a spot price of $132.76 (+3.49% 1D, market cap $3.21B). Pillar breakdown: Fundamental Cash Engine 9/20, Institutional 13F & Options Flow 7/20, SEC Balance-Sheet Forensics 12/20, FRED Macro Regime Fit 6/20, and Executive Insider Alignment 14/20. Across 1009 tracked Consumer Discretionary issuers, MHO ranks #585 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does MHO compare to KBH and GEO in the Consumer Discretionary sector?

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Within the Consumer Discretionary sector (Homebuilding), MHO carries a Roarable D (48/100 RQD), trailing P/E of 8.0x, gross margin of 23.0%, and ROIC of 12.6%. By comparison, KBH (KB Home) holds a D+ grade (53/100 RQD, P/E 6.8x, ROIC 11.0%, cap $2.91B) and GEO (Geo Group Inc) posts a D grade (47/100 RQD, P/E 14.8x, ROIC 6.6%, cap $3.75B). Among the 5-stock peer group, KBH leads on earnings multiple (6.8x) while GRBK leads on capital efficiency (18.5% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for MHO?

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Per MHO's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0000799292), M/I Homes Inc. generated $4.42B in revenue (-1.9% YoY), $402.9M in net income, and $127.7M in free cash flow against $4.78B in total assets and $0 in total debt. Key quantitative strengths: Company leadership has skin in the game with net positive insider conviction. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $133.34 (+0.44%)🧬 Cannibal Buyback (-1.80% YoY Shares)⚙️ Cash Engine: 9/20 (D) • 2.9% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (48/100 · D) historically underperformed SPY in 71% of rolling 90-day windows (-5.6% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D

2-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D · Rk D

Each axis scored 0–20

12M PRICE TARGET CONE-4.5% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for MHO)Realized 20D OHLCV Swing Band: ±7.2%

Deterministic 5-Pillar Attribution (48/100 Composite)

🔍 WHY MHO SCORES 48/100 (D) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Insider Conviction & Share Dilution+14/20 pts (29% of score)

SEC Form 4 / 13F Thermometer: 70% Net Buy • Cannibal Buyback (-1.80% YoY Shares)

▲ #2 Bullish Driver: SEC 10-K Forensic Risk+12/20 pts (25% of score)

Altman Z-Score 3.43 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 3/9

▼ #1 Drag / Risk Factor: Macro Regime Fit6/20 pts (-14 pt drag)

Macro rate sensitivity & RSI-14 (49.1) create a -14 pt regime headwind

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade D$125.99-1.5% Next Q

Q2 (-2Q)

Grade D$124.06+1.7% Next Q

Q3 (-1Q)

Grade D$126.17+5.2% Next Q

Current

Grade D$132.76-5.6% Hist 90D α

Trajectory: D (40) → D (48)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a MHO Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While MHO currently carries a cautious 48/100 (D) rating due to Macro Regime Fit (6/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Company leadership has skin in the game with net positive insider conviction.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($135.27) and Max Pain ($139.40) forces dealer call-delta covering toward $171.84.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Cannibal Buyback (-1.80% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $MHO• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “MHO Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 48%NO 52%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How MHO Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$127.7M (2.9% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $4.03B

FY24

Rev $4.50B

FY25

Rev $4.42B

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$4.42B	23%	11.5%	$402.9M	$127.7M	12.6%
FY 2024	$4.50B	26.6%	15.7%	$563.7M	$171.3M	19%
FY 2023	$4.03B	23%	14.6%	$465.4M	$552.1M	12.6%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring MHO)

✓Walkthrough of MHO's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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MHO // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +5.59%▼ DESCENDING CHANNEL

2026-11-03O $128.3H $132.8L $128.3C $132.8VOL 225.2K

RES: $144.4SUP: $109.9SMA50: $135.3SMA200: $137.6

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

MHO Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 MHO Butterfly Map → + Track MHO →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

-5.5%/yr Implied 5Y Growth

vs. -1.9% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on MHO today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for MHO. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for MHO today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (MHO)

Consumer Discretionary Rank #585 of 1009 ⚔️ KBH vs MHO Full Matrix →

1. Head-to-Head Consumer Discretionary Peer Comparison (MHO vs. KBH, GEO, GRBK, MTH)

Industry: Homebuilding (31 Tracked Issuers)

Across 1009 tracked Consumer Discretionary securities in the Roarable RQD universe, M/I Homes Inc. (MHO) ranks #585 by composite RQD confidence (48/100, grade D) and #344 by equity capitalization ($3.21B). Within this direct 5-issuer industry benchmark cohort, KBH leads on earnings valuation at 6.8x trailing P/E, while GRBK leads on capital efficiency and profitability with 18.5% ROIC and 31.4% gross margin. MTH currently holds the highest overall quantitative score in the immediate peer group at 59/100 (C-) compared with MHO at 48/100 (D).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
MHO ACTIVE M/I Homes Inc.	D	48/100	8.0x	23.0%	12.6%	+3.49%	$3.21B	Benchmark Subject
KBH KB Home	D+	53/100	6.8x	—	11.0%	+5.67%	$2.91B	/kbh-vs-mho →
GEO Geo Group Inc	D	47/100	14.8x	—	6.6%	-2.21%	$3.75B	/geo-vs-mho →
GRBK Green Brick Partners Inc.	D+	56/100	7.7x	31.4%	18.5%	+4.72%	$2.58B	/grbk-vs-mho →
MTH Meritage Homes Corporation	C-	59/100	9.3x	—	8.0%	+7.04%	$4.20B	/mth-vs-mho →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0000799292 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), M/I Homes Inc. (MHO) reported GAAP revenue of $4.42B (-1.9% vs. FY2024 revenue of $4.50B , and +9.5% cumulative change since FY2023) , GAAP net income of $402.9M, operating cash flow of $137.3M, and free cash flow of $127.7M (-25.4% YoY). On the balance sheet, MHO closed FY2025 with $4.78B in total assets against $0 in total debt (Altman Z-Score: 3.43, Piotroski F-Score: 3/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$4.42B	$402.9M	$137.3M	$127.7M	$4.78B	—
FY2024 (FY)	2024-12-31	$4.50B	$563.7M	$179.7M	$171.3M	$4.55B	—
FY2023 (FY)	2023-12-31	$4.03B	$465.4M	$552.1M	$552.1M	—	—

3. MHO Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is MHO stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does MHO compare to KBH and GEO in the Consumer Discretionary sector?

What are the biggest fundamental strengths and SEC risk factors for MHO?

Where is MHO trading relative to its 50-day, 200-day, and 52-week technical levels?

MHO last traded at $132.76 (+3.49% on volume of 364,012 shares), positioning the stock -1.86% below its 50-day simple moving average ($135.27) and -3.49% below its 200-day simple moving average ($137.56). Across its 52-week range of $113.40 to $163.66, MHO sits at the 38.5% percentile with a 14-day RSI of 49.1 (NEUTRAL RANGE) and an implied next-earnings move of ±7.2% ($123.20 to $142.32).

Direct Sub-Reports: MHO RQD Cockpit MHO 12M Forecast MHO Earnings & Move MHO Dividends & DRIP MHO Insiders & 13F MHO Whale Options MHO Profit Sankey MHO News & Why

ROARABLE RATING BRIEF • RQD 48/100 (D) ✓ SEC XBRL & RQD VERIFIED

MHO — M/I Homes Inc.: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

M/I Homes Inc. (MHO) earns a live Roarable RQD composite score of 48/100, corresponding to a D letter grade (Roarable Sell) at a spot price of $132.76 (+3.49% 1D, market capitalization $3.21B).

Fundamental Cash Engine (9/20): Anchored by return on invested capital (ROIC) of 12.6%, gross margin of 23.0%, operating margin of 11.5%, and free cash flow yield of 3.98%.
Whale 13F & Options Flow (7/20) + Insider Conviction (14/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (6/20) + Forensic Balance Sheet (12/20): Incorporates a 1.00x equity beta, Altman Z-Score of 3.43, Piotroski F-Score of 3/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

M/I Homes Inc. Is a NYSE-listed issuer classified in the Consumer Discretionary sector and the Homebuilding industry. Revenue, operating income, and net income are reported in the SEC financials for FY 2023 through FY 2025 (see Financial Trend), which reflect the scale of operations.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), M/I Homes Inc. (MHO) reported $4.42B in annual revenue (up from $4.50B in FY2024, -1.9% YoY) and $402.9M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($4.03B revenue, $465.4M net income) through FY2025, MHO scaled operating cash flow to $137.3M and free cash flow to $127.7M, backed by $4.78B in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (D • RQD 48/100): Company leadership has skin in the game with net positive insider conviction. Free cash flow yield of 3.98% and institutional whale pillar of 7/20. With Fundamental Cash Engine at 9/20 and Institutional Whale Flow at 7/20, sustained execution supports upside toward the upper end of the $113.40 – $163.66 52-week range.
🐻 Primary Bear Case & Valuation Risk: Sensitive to high interest rates and tighter Federal Reserve market liquidity. Investors must weigh 8.0x trailing P/E and 6.2x EV/EBITDA against 11.5% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

No upstream or downstream dependencies, sector correlations, or second-order bottlenecks are recorded (supply_chain: NONE; butterfly_links: empty).

Key Question #1: Can MHO sustain or expand its 11.5% operating margin and 12.6% ROIC against Homebuilding peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $4.42B and free cash flow of $127.7M, how will capital allocation balance growth reinvestment against $0 in total debt?
Key Question #3: How sensitive is MHO's 7.4x forward P/E multiple to Consumer Discretionary capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

MHO Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for M/I Homes Inc. (MHO) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to MHO Debate Forum (3) ↓

🟡 MARKET WIRE Yahoo Finance • 21h ago

M/I Homes (MHO) Stock Declines While Market Improves: Some Information for Investors

Yahoo Finance report covering M/I Homes Inc. (MHO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingView • 1d ago

M/I Homes CEO Flags 'Increasingly Difficult' Housing Market

TradingView report covering M/I Homes Inc. (MHO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH Seeking Alpha • 1d ago

M/I Homes: High Mortgage Rates Cloud Earnings (Rating Downgrade) (NYSE:MHO)

Seeking Alpha report covering M/I Homes Inc. (MHO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Benzinga • 1d ago

M/I Homes CEO Flags 'Increasingly Difficult' Housing Market - M/I Homes (NYSE:MHO)

Benzinga report covering M/I Homes Inc. (MHO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

M/I Homes (MHO) Stock Could Be 37% Undervalued As Cash Flow Holds Up

Yahoo Finance report covering M/I Homes Inc. (MHO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE GuruFocus • 1d ago

A Look at M/I Homes Inc (MHO) After 8.1% Decline -- GF Value $13

GuruFocus report covering M/I Homes Inc. (MHO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Simply Wall St • 1d ago

M/I Homes (MHO) Stock Looks 45% Undervalued On Cash Flow

Simply Wall St report covering M/I Homes Inc. (MHO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE www.marketscreener.com • 1d ago

Earnings Flash (MHO) M/I Homes, Inc. Posts Q3 Adjusted EPS $2.70 per Share

www.marketscreener.com report covering M/I Homes Inc. (MHO) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

MHO Bull vs. Bear Conversation Board — What's Your Call at $132.76?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON MHO 🐻 33% BEARISH CONVICTION

CA CashFlowKing RQD DEBATE OPENER • FCF Compounder Hunter 🐂 BULLISH 🎯 Target: $169.33 (+32.0%)

📌 Pinned Debate

Low P/E of 8 and EV/EBITDA of 6.2 coupled with a 14/20 Insider Conviction pillar suggest the market may be discounting the stock relati

Long MHO at $128.28 targeting $169.33. Low P/E of 8 and EV/EBITDA of 6.2 coupled with a 14/20 Insider Conviction pillar suggest the market may be discounting the stock relative to its earnings base.. Institutional whale score is 7/20 and the risk/reward vs. the $113.40 52-week low is skewed heavily in favor of bulls.

EarningsSniper 🐂 BULL

@CreditSpread_Watch Shorting a 7/20 institutional whale-flow stock at $128.28 is dangerous when funds are rotating into Consumer Discretionary.

CR CreditSpread_Watch RQD DEBATE OPENER • Balance Sheet Analyst 🐻 BEARISH 🎯 Target: $97.49 (-24.0%)

Spot @ $128.28

A Macro Regime Fit score of 5/20, a Piotroski F-Score of 3/9, and a RED-flagged high-mortgage-rate risk item point to cyclical and fund

Here is the bear case nobody on the bull side wants to address on MHO: A Macro Regime Fit score of 5/20, a Piotroski F-Score of 3/9, and a RED-flagged high-mortgage-rate risk item point to cyclical and fundamental pressure.. At 8.0x trailing P/E, even a small guidance miss in Homebuilding triggers a 12-15% air pocket.