secwatch.observer — SEC 8-K summary
======================================

Issuer:     M/I HOMES, INC. (MHO)
CIK:        0000799292
Form:       8-K
Filed at:   2022-02-02T23:59:59+00:00
Accession:  0000799292-22-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

M/I Homes reports record Q4 net income $113.4M, EPS $3.83; FY revenue $3.7B
---------------------------------------------------------------------------

- Q4 homes delivered record 2,316 (+3% YoY); revenue $1.1B (+16%).
- Q4 pre-tax income $141.4M (+39%); net income $113.4M ($3.83/diluted) vs $80.1M ($2.71) in 2020.
- FY2021 net income $396.9M ($13.28/diluted) up 65% from $239.9M ($8.23) in 2020.
- Year-end backlog 4,835 units (+10%) with record sales value $2.4B, average price $490,000.
- Homebuilding debt/capital ratio improved to 30% from 34%; shareholders' equity $1.6B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799292/000079929222000002/0000799292-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799292/000079929222000002/mho-20220202.htm
  HTML page:      https://secwatch.observer/filing/0000799292-22-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer