earnings
confidence high
sentiment negative
materiality 0.75
M/I Homes Q4 net income $64M ($2.39 EPS) down from $134M; full year EPS $14.74 vs $19.71
M/I HOMES, INC.
2025-FY EPS
reported $14.74
vs consensus $3.92
▲ beat
(+275.7%)
- Q4 revenue $1.1B (-5% YoY); pre-tax income $80.6M includes $51.2M in inventory and warranty charges.
- Full year 2025 net income $402.9M ($14.74 diluted EPS) vs $563.7M ($19.71 EPS) in 2024.
- New contracts up 9% in Q4 to 1,921; full year contracts down 4% to 8,199. Backlog units down 29% to 1,809.
- Record shareholders' equity $3.2B; repurchased $202M of stock in 2025; zero borrowings on $900M credit facility.
- Gross margin 18.1% (22.6% excluding charges); cancellation rate improved to 10% from 14% last year.