---
schema_version: "secwatch.filing_event.v1"
accession: "0000799292-25-000073"
form_type: "8-K"
ticker: "MHO"
cik: "0000799292"
company_name: "M/I HOMES, INC."
filed_at: "2025-10-22T23:59:59+00:00"
generated_at: "2026-05-17T02:54:06.013527+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# M/I Homes Q3 net income falls 27% to $106.5M ($3.92/sh); revenue down 1% to $1.1B

## Summary
- Pre-tax income $139.8M (12% of revenue) vs $188.7M a year ago; includes $7.6M inventory charge.
- Deliveries up 1% to record 2,296 homes; new contracts fell 6% to 1,908; backlog value down 30% to $1.21B.
- Share repurchases of $50M; credit facility extended to 2030 and increased to $900M from $650M.
- Moody's upgraded credit rating to Ba1; shareholders' equity record $3.1B, book value per share $120.
- Cancellation rate rose to 12% from 10% a year ago; homebuilding net debt-to-capital at negative 1%.

## SEC filing metadata
- accession: 0000799292-25-000073
- form_type: 8-K
- ticker: MHO
- cik: 0000799292
- company_name: M/I HOMES, INC.
- filed_at: 2025-10-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/799292/000079929225000073/0000799292-25-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799292/000079929225000073/mho-20251022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000799292-25-000073
- JSON: https://secwatch.observer/filing/0000799292-25-000073.json
- Plain text: https://secwatch.observer/filing/0000799292-25-000073.txt

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