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M/I Homes Reports Fourth Quarter and Year-End Results

COLUMBUS, Ohio, Jan. 28, 2026 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) announced results for its fourth quarter and year ended December 31, 2025. 2025  Fourth Quarter Results: New contracts increased 9% to 1,921 Homes delivered decreased 4% to 2,301 Revenue declined 5% to $1.1 billion Pre-tax income of $81 million, including charges of $51 million consisting of $40 million of inventory charges and $11 million of certain warranty charges Gross margin of 18.1%; 22.6% excluding charges Net income of $64 million ($2.39 per diluted share; $3.91 per diluted share excluding charges) compared to $134 million ($4.71 per diluted share) in 2024 Ended the quarter with 232 communities versus 220 a year ago Repurchased $50 million of stock 2025  Full Year Results: New contracts decreased 4% to 8,199 Homes delivered decreased 1% to 8,921 Revenue decreased 2% to $4.4 billion Pre-tax income of $527 million; 12% of revenue; including charges of $59 million consisting of $48 million of inventory charges and $11 million of certain warranty charges Net income of $403 million ($14.74 per diluted share; $16.39 per diluted shares excluding charges) Shareholders' equity reached an all-time record of $3.2 billion, with book value per share of $123 Repurchased $202 million of stock Return on equity of 13% Homebuilding debt to capital ratio of 18% The Company reported pre-tax income of $80.6 million and net income of $64.0 million ($2.39 per diluted share) in the fourth quarter of 2025.

M/I Homes Announces $250 million Share Repurchase Authorization

COLUMBUS, Ohio , Nov. 12, 2025 /PRNewswire/ -- M/I Homes, Inc. (NYSE: MHO) today announced that its Board of Directors approved a new share repurchase authorization, pursuant to which the Company may purchase up to $250 million of its common shares. The $250 million authorization replaces the Company's prior authorization (which had $80 million of remaining availability as of November 11, 2025).