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

Income Statement Balance Sheet Group Entities

M/I Homes's Financial Statements Preview

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.

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All figures in millions of USD	2024 as of 2024-12-31	2023 as of 2023-12-31
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 and shareholders’ equity	—	—
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

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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

M/I Homes's Financial Statements Preview

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

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