MHO Financial Statements From 2010 to 2024

MHO Stock  USD 160.32  4.13  2.64%   
MI Homes financial statements provide useful quarterly and yearly information to potential MI Homes investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on MI Homes financial statements helps investors assess MI Homes' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting MI Homes' valuation are summarized below:
Gross Profit
1.1 B
Profit Margin
0.1254
Market Capitalization
4.2 B
Enterprise Value Revenue
1.0471
Revenue
4.3 B
We have found one hundred twenty available fundamental measures for MI Homes, which can be analyzed and compared to other ratios and to its peers in the sector. Self-guided Investors are advised to check MI Homes' latest fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself this quarter and beyond. As of the 22nd of November 2024, Market Cap is likely to grow to about 3.6 B. Also, Enterprise Value is likely to grow to about 3.8 B

MI Homes Total Revenue

4.24 Billion

Check MI Homes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MI Homes' main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.2 M, Interest Expense of 37.6 M or Total Revenue of 4.2 B, as well as many indicators such as Price To Sales Ratio of 1.0, Dividend Yield of 0.0045 or PTB Ratio of 1.19. MHO financial statements analysis is a perfect complement when working with MI Homes Valuation or Volatility modules.
  
Check out the analysis of MI Homes Correlation against competitors.
To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.

MI Homes Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.2 BB2.1 B
Slightly volatile
Short and Long Term Debt Total494.5 M917.2 M686.3 M
Slightly volatile
Total Current Liabilities176.6 M289.8 M158 M
Slightly volatile
Total Stockholder Equity2.6 B2.5 BB
Slightly volatile
Property Plant And Equipment Net95.8 M91.3 M42.3 M
Slightly volatile
Net Debt175.1 M184.3 M480.2 M
Slightly volatile
Retained Earnings2.4 B2.3 B812.9 M
Slightly volatile
Accounts Payable214.9 M204.7 M126.8 M
Slightly volatile
Cash769.4 M732.8 M197.9 M
Slightly volatile
Non Current Assets Total355.2 M338.3 M185.1 M
Slightly volatile
Non Currrent Assets Other56.8 M67.7 M59 M
Slightly volatile
Cash And Short Term Investments769.4 M732.8 M197.9 M
Slightly volatile
Common Stock Shares Outstanding23.8 M28.7 M27.2 M
Slightly volatile
Liabilities And Stockholders Equity4.2 BB2.1 B
Slightly volatile
Inventory2.9 B2.8 B1.5 B
Slightly volatile
Other Stockholder Equity137.3 M215.3 M214.9 M
Slightly volatile
Total Liabilities1.6 B1.5 BB
Slightly volatile
Property Plant And Equipment Gross122.6 M116.7 M45.7 M
Slightly volatile
Total Current Assets3.9 B3.7 B1.9 B
Slightly volatile
Short Term Debt10.3 M10.9 M127.4 M
Pretty Stable
Non Current Liabilities Total561 M996.7 M789.4 M
Slightly volatile
Other Current Assets100.2 M195.5 M144.2 M
Slightly volatile
Common Stock Total Equity243 K346.1 K269.3 K
Slightly volatile
Common Stock246.5 K346.1 K269.6 K
Slightly volatile
Other Liabilities366.3 M348.8 M171.2 M
Slightly volatile
Long Term Debt902.6 M859.6 M474 M
Slightly volatile
Short Term Investments3.4 M3.6 M12 M
Pretty Stable
Property Plant Equipment118.2 M112.5 M41.5 M
Slightly volatile
Net Tangible Assets2.5 B2.4 BB
Slightly volatile
Long Term Debt Total1.1 B1.1 B514.6 M
Slightly volatile
Capital Surpluse315.2 M405.5 M282.2 M
Slightly volatile
Long Term Investments41.8 M44 M125.8 M
Very volatile
Non Current Liabilities Other94.4 M99.3 M294.6 M
Slightly volatile
Short and Long Term Debt73.6 M77.5 M252.8 M
Slightly volatile
Cash And Equivalents376.2 M358.3 M130.9 M
Slightly volatile
Net Invested Capital1.9 B3.4 B1.7 B
Slightly volatile
Net Working Capital2.6 B3.4 BB
Slightly volatile
Capital Stock240.8 K270.9 K295 K
Slightly volatile
Capital Lease Obligations53.1 M57.6 M30.7 M
Slightly volatile

MI Homes Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization15.2 M14.5 M9.4 M
Slightly volatile
Total Revenue4.2 BB2.2 B
Slightly volatile
Gross Profit1.1 BB496 M
Slightly volatile
Other Operating Expenses3.6 B3.4 BB
Slightly volatile
Cost Of Revenue3.2 BB1.7 B
Slightly volatile
Total Operating Expenses453.3 M431.7 M258.1 M
Slightly volatile
Selling General Administrative131.3 M222.8 M126.9 M
Slightly volatile
Net Income Applicable To Common Shares592.5 M564.3 M196.5 M
Slightly volatile
Selling And Marketing Expenses115.4 M208.9 M122.8 M
Slightly volatile
Net Income From Continuing Ops515 M490.5 M186.1 M
Slightly volatile
Non Recurring22.2 M21.1 M9.1 M
Slightly volatile
Tax Provision80.7 M143 M61.1 M
Slightly volatile
Interest Income1.9 MM12.9 M
Slightly volatile
Reconciled Depreciation14.8 M14.5 M12.3 M
Slightly volatile

MI Homes Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow327.1 M311.5 M120 M
Slightly volatile
Depreciation15.2 M14.5 M10.2 M
Slightly volatile
Capital Expenditures5.7 M5.8 MM
Slightly volatile
End Period Cash Flow769.4 M732.8 M194.4 M
Slightly volatile
Stock Based Compensation11.9 M11.4 M5.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.00.94830.5035
Slightly volatile
Dividend Yield0.00450.00470.0106
Slightly volatile
PTB Ratio1.191.51971.1523
Slightly volatile
Book Value Per Share95.1790.638438.9517
Slightly volatile
Stock Based Compensation To Revenue0.00220.00280.0026
Slightly volatile
Capex To Depreciation0.380.3980.6503
Pretty Stable
PB Ratio1.191.51971.1523
Slightly volatile
EV To Sales0.530.9940.7343
Slightly volatile
Inventory Turnover1.461.07771.1962
Pretty Stable
Days Of Inventory On Hand232339313
Very volatile
Payables Turnover11.0214.728413.1446
Very volatile
Sales General And Administrative To Revenue0.110.05520.0727
Slightly volatile
Capex To Revenue0.00140.00140.0032
Very volatile
Cash Per Share27.8526.51957.615
Slightly volatile
Payout Ratio0.09930.05830.1215
Slightly volatile
Days Payables Outstanding29.9324.782127.8185
Pretty Stable
Intangibles To Total Assets0.00670.00670.0059
Pretty Stable
Current Ratio19.0118.107913.0608
Slightly volatile
Tangible Book Value Per Share94.1589.664138.5542
Slightly volatile
Graham Number19418575.5332
Slightly volatile
Shareholders Equity Per Share95.1790.638438.9517
Slightly volatile
Debt To Equity0.260.27560.4676
Pretty Stable
Capex Per Share0.20.20770.2598
Slightly volatile
Revenue Per Share15314582.4644
Slightly volatile
Interest Debt Per Share26.2324.982714.8046
Slightly volatile
Debt To Assets0.340.17250.2246
Very volatile
Operating Cycle241337316
Very volatile
Price Book Value Ratio1.191.51971.1523
Slightly volatile
Days Of Payables Outstanding29.9324.782127.8185
Pretty Stable
Dividend Payout Ratio0.09930.05830.1215
Slightly volatile
Ebt Per Ebit1.091.03420.9004
Pretty Stable
Company Equity Multiplier2.541.59812.2663
Slightly volatile
Long Term Debt To Capitalization0.370.21610.2677
Pretty Stable
Total Debt To Capitalization0.420.21610.2935
Very volatile
Debt Equity Ratio0.260.27560.4676
Pretty Stable
Quick Ratio4.664.44182.3572
Slightly volatile
Net Income Per E B T0.650.76630.9591
Slightly volatile
Cash Ratio3.763.58031.2665
Slightly volatile
Cash Conversion Cycle219312289
Very volatile
Days Of Inventory Outstanding232339313
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.860.98961.2922
Pretty Stable
Price To Book Ratio1.191.51971.1523
Slightly volatile
Fixed Asset Turnover80.3944.187375.6207
Slightly volatile
Debt Ratio0.340.17250.2246
Very volatile
Price Sales Ratio1.00.94830.5035
Slightly volatile
Asset Turnover1.41.00281.1301
Very volatile
Gross Profit Margin0.150.25260.2026
Slightly volatile
Price Fair Value1.191.51971.1523
Slightly volatile

MI Homes Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.6 B3.4 B3.5 B
Slightly volatile
Enterprise Value3.8 B3.6 B3.7 B
Slightly volatile

MHO Fundamental Market Drivers

Forward Price Earnings7.6923
Cash And Short Term Investments732.8 M

MHO Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About MI Homes Financial Statements

MI Homes investors utilize fundamental indicators, such as revenue or net income, to predict how MHO Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue85.1 M89.4 M
Total RevenueB4.2 B
Cost Of RevenueB3.2 B
Sales General And Administrative To Revenue 0.06  0.11 
Revenue Per Share 145.25  152.51 
Ebit Per Revenue 0.15  0.15 

Pair Trading with MI Homes

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MI Homes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MI Homes will appreciate offsetting losses from the drop in the long position's value.

Moving together with MHO Stock

  0.66BC BrunswickPairCorr
The ability to find closely correlated positions to MI Homes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MI Homes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MI Homes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MI Homes to buy it.
The correlation of MI Homes is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MI Homes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MI Homes moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MI Homes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether MI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MI Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mi Homes Stock:
Check out the analysis of MI Homes Correlation against competitors.
To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MI Homes. If investors know MHO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MI Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.058
Earnings Share
18.62
Revenue Per Share
153.475
Quarterly Revenue Growth
0.092
Return On Assets
0.0973
The market value of MI Homes is measured differently than its book value, which is the value of MHO that is recorded on the company's balance sheet. Investors also form their own opinion of MI Homes' value that differs from its market value or its book value, called intrinsic value, which is MI Homes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MI Homes' market value can be influenced by many factors that don't directly affect MI Homes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if MI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MI Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.