M/I Homes Inc

Common Name

M/I Homes

Country

United States

Sector

Consumer Cyclical

Industry

Residential Construction

Employees

1,760

Ticker

MHO

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.mihomes.com

Description

M/I Homes Inc. is a prominent homebuilding company in the United States that constructs and sells single-family homes, catering primarily to first-time and move-up buyers. Established in 1976 and head... Show more

Financial Statements of M/I Homes

Below are the financial statements of M/I Homes, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Assets	—	—
Cash, cash equivalents and restricted cash	821.57^a	732.8^a
Mortgage loans held for sale	283.54^a	176.33^a
Inventory	3,091.86^a	2,797.15^a
Property and equipment - net	34.51^a	34.92^a
Investment in joint venture arrangements	65.33^a	44.01^a
Operating lease right-of-use assets	53.9^a	56.36^a
Deferred income tax asset	13.45^a	16.09^a
Goodwill	16.4^a	16.4^a
Other assets	169.23^a	148.37^a
Total assets	4,549.8^a	4,022.44^a
Liabilities	—	—
Accounts payable	198.58^a	204.68^a
Customer deposits	69.33^a	85.13^a
Operating lease liabilities	55.37^a	57.57^a
Other liabilities	281.02^a	252.3^a
Community development district obligations	12.84^a	19.34^a
Obligation for consolidated inventory not owned	11.81^a	26.9^a
Notes payable bank - financial services operations	286.16^a	165.84^a
Senior notes due 2028 - net	397.65^a	396.88^a
Senior notes due 2030 - net	297.37^a	296.87^a
Total liabilities	1,610.12^a	1,505.5^a
Commitments and contingencies	0^a	0^a
Shareholders’ equity	—	—
Common shares	0.3^a	0.3^a
Additional paid-in capital	348.71^a	349.91^a
Retained earnings	2,865.07^a	2,301.35^a
Treasury shares - at cost	-274.4^a	-134.62^a
Total shareholders’ equity	2,939.68^a	2,516.94^a
Total liabilities and shareholders’ equity	4,549.8^a	4,022.44^a

Verified Sources Behind M/I Homes’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore M/I Homes’s data sources below and access millions more through our Disclosure Search.

a. M/I Homes's Annual Report 2024

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M/I Homes Inc

Financial Statements of M/I Homes

Verified Sources Behind M/I Homes’s Financial Fundamentals Data

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