secwatch.observer — SEC 8-K summary
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Issuer:     M/I HOMES, INC. (MHO)
CIK:        0000799292
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0000799292-25-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

M/I Homes posts Q4 net income $133.5M ($4.71 EPS), revenue up 24%; record full year
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- Q4 net income $133.5M ($4.71 diluted EPS) vs $105.3M ($3.66) a year ago; revenue $1.2B (+24%).
- Full year 2024: net income $563.7M ($19.71 EPS) on revenue $4.5B (+12%); homes delivered record 9,055 (+12%).
- Pre-tax income $734M (+21%); pre-tax margin 16%; gross margin improved to 26.6% from 25.3% in 2023.
- Shareholders' equity record $2.9B ($109 book value per share); homebuilding debt/capital 19% vs 22% at Dec 2023.
- Repurchased $176M in stock during 2024; Q4 new contracts +11% to 1,759; backlog avg price record $553K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799292/000079929225000004/0000799292-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799292/000079929225000004/mho-20250129.htm
  HTML page:      https://secwatch.observer/filing/0000799292-25-000004

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