SuperworthM/I Homes profit margin MHO
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 6.6%
- Operating margin, 12 months
- 8.2%
- Net margin on a year earlier
- −4.0 pts
- Peer median
- 5.2%
Over the twelve months to Sep 30, 2026, M/I Homes kept 6.6% of its revenue as net profit, with an operating margin of 8.2%.
Five years earlier its net margin was 10.1%.
The median for 10 homebuilders of a similar size is 5.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 9.1% | 11.5% | 23.0% |
| FY2024 | 12.5% | 15.7% | 26.6% |
| FY2023 | 11.5% | 14.6% | 25.3% |
| FY2022 | 11.9% | 15.5% | 25.7% |
| FY2021 | 10.6% | 13.4% | 24.3% |
| FY2020 | 7.9% | 10.5% | 22.5% |
| FY2019 | 5.1% | 7.5% | 19.8% |
| FY2018 | 4.7% | 7.1% | n/a |
| FY2017 | 3.7% | 7.1% | n/a |
| FY2016 | 3.3% | 6.4% | n/a |
| FY2015 | 3.6% | 7.9% | n/a |
| FY2014 | 4.2% | 6.8% | n/a |
| FY2013 | 14.6% | 5.7% | n/a |
| FY2012 | 1.8% | 3.8% | n/a |
| FY2011 | −8.7% | −5.1% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 6.6% | −4.0 pts | 8.2% | |
| Q2 FY26 | 7.4% | −4.0 pts | 9.3% | |
| Q1 FY26 | 8.2% | −3.9 pts | 10.4% | |
| Q4 FY25 | 9.1% | −3.4 pts | 11.5% | |
| Q3 FY25 | 10.6% | −2.0 pts | 13.3% | |
| Q2 FY25 | 11.4% | −1.3 pts | 14.3% | |
| Q1 FY25 | 12.1% | −0.2 pts | 15.2% | |
| Q4 FY24 | 12.5% | +1.0 pts | 15.7% | |
| Q3 FY24 | 12.5% | +1.1 pts | 15.7% | |
| Q2 FY24 | 12.7% | +1.3 pts | 15.9% | |
| Q1 FY24 | 12.3% | +0.5 pts | 15.3% | |
| Q4 FY23 | 11.5% | −0.3 pts | 14.6% |
Against its peers
Companies in Residential Construction nearest M/I Homes' size, closest first, today.
| Company | Profit margin |
|---|---|
| MHOM/I Homes | 6.6% |
| KBHKB Home | 4.4% |
| GRBKGreen Brick Partners | 14.5% |
| GEOGEO | 10.3% |
| TPCTutor Perini | 2.1% |
| MTHMeritage Homes CORP | 6.1% |
| ECGEverus Construction | 6.0% |
| IBPInstalled Building Products | 8.5% |
| CCSCentury Communities | 3.4% |
| LGIHLGI Homes | 3.9% |
| DFHDream Finders Homes | 3.5% |
| Peer median | 5.2% |
Where M/I Homes ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on M/I Homes
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.