---
schema_version: "secwatch.filing_event.v1"
accession: "0000799292-23-000045"
form_type: "8-K"
ticker: "MHO"
cik: "0000799292"
company_name: "M/I HOMES, INC."
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:33:28.186268+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# M/I Homes Q1 revenue record $1.0B (+16%), EPS $3.64 beat prior year $3.16

## Summary
- Revenue $1.0B (+16% YoY), a Q1 record; pre-tax income $136M (+11%) record; net income $103.1M ($3.64 diluted EPS) record.
- Homes delivered up 10% to 2,007; average sales price $486K (+6%); communities grew to 200.
- New contracts down 14% to 2,171; backlog sales value $1.7B (-38%); cancellation rate 13% vs 7% last year.
- Shareholders' equity record $2.2B (+28%), book value $79/share; cash $543M, zero borrowings on $650M credit facility.
- Return on equity 26%; CEO cites strong fundamentals and undersupply despite higher rates and inflation.

## SEC filing metadata
- accession: 0000799292-23-000045
- form_type: 8-K
- ticker: MHO
- cik: 0000799292
- company_name: M/I HOMES, INC.
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799292/000079929223000045/0000799292-23-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799292/000079929223000045/mho-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000799292-23-000045
- JSON: https://secwatch.observer/filing/0000799292-23-000045.json
- Plain text: https://secwatch.observer/filing/0000799292-23-000045.txt

## Key facts
- Earnings Releases
  M/I HOMES, INC. reported the three months ended March 31, 2023 results: revenue $1.0 billion, net income $103.1 million, EPS $3.64 per diluted share.
  - Period: the three months ended March 31, 2023
  - Revenue: $1.0 billion
  - Net income: $103.1 million
  - EPS: $3.64 per diluted share
  - Result: reported results
  source text: Revenue increased 16% to $1.0 billion, a first quarter record • Pre-tax income increased 11% to $136.0 million, a first quarter record • Net income increased 12% to a first quarter record $103.1 million ($3.64 per diluted share)
  evidence_url: https://www.sec.gov/Archives/edgar/data/799292/000079929223000045/0000799292-23-000045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.