MHO Financial Statements From 2010 to 2024

MHO Stock  USD 122.42  2.95  2.47%   
MI Homes financial statements provide useful quarterly and yearly information to potential MI Homes investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on MI Homes financial statements helps investors assess MI Homes' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting MI Homes' valuation are summarized below:
Gross Profit
1.1 B
Profit Margin
0.1154
Market Capitalization
3.3 B
Enterprise Value Revenue
0.8561
Revenue
B
We have found one hundred twenty available fundamental measures for MI Homes, which can be analyzed and compared to other ratios and to its peers in the sector. Self-guided Investors are advised to check MI Homes' latest fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself this quarter and beyond. As of the 25th of April 2024, Market Cap is likely to grow to about 3.6 B. Also, Enterprise Value is likely to grow to about 3.8 B

MI Homes Total Revenue

4.23 Billion

Check MI Homes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MHO main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.2 M, Interest Expense of 37.6 M or Total Revenue of 4.2 B, as well as many exotic indicators such as Price To Sales Ratio of 1.0, Dividend Yield of 0.0076 or PTB Ratio of 1.19. MHO financial statements analysis is a perfect complement when working with MI Homes Valuation or Volatility modules.
  
This module can also supplement MI Homes' financial leverage analysis and stock options assessment as well as various MI Homes Technical models . Check out the analysis of MI Homes Correlation against competitors.
To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.

MI Homes Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.2 BB2.1 B
Slightly volatile
Short and Long Term Debt Total474.9 M936.5 M648.1 M
Slightly volatile
Total Current Liabilities506.7 M482.5 M192.8 M
Slightly volatile
Total Stockholder Equity2.6 B2.5 BB
Slightly volatile
Property Plant And Equipment Net95.8 M91.3 M42.3 M
Slightly volatile
Net Debt383.9 M203.7 M495.4 M
Slightly volatile
Retained Earnings2.4 B2.3 B812.9 M
Slightly volatile
Accounts Payable214.9 M204.7 M126.8 M
Slightly volatile
Cash769.4 M732.8 M197.9 M
Slightly volatile
Non Current Assets Total355.2 M338.3 M185.1 M
Slightly volatile
Non Currrent Assets Other57.1 M67.7 M59.5 M
Slightly volatile
Cash And Short Term Investments769.4 M732.8 M197.9 M
Slightly volatile
Common Stock Shares Outstanding23.8 M28.7 M27.2 M
Slightly volatile
Liabilities And Stockholders Equity4.2 BB2.1 B
Slightly volatile
Inventory2.9 B2.8 B1.5 B
Slightly volatile
Other Stockholder Equity137.3 M215.3 M214.9 M
Slightly volatile
Total Liabilities1.6 B1.5 BB
Slightly volatile
Property Plant And Equipment Gross122.6 M116.7 M45.7 M
Slightly volatile
Total Current Assets3.9 B3.7 B1.9 B
Slightly volatile
Short Term Debt133.5 M165.8 M134.5 M
Slightly volatile
Non Current Liabilities Total562.8 MB792.7 M
Slightly volatile
Other Current Assets98.7 M176.3 M141.8 M
Slightly volatile
Common Stock Total Equity243 K346.1 K269.3 K
Slightly volatile
Common Stock246.5 K346.1 K269.6 K
Slightly volatile
Other Liabilities366.3 M348.8 M171.2 M
Slightly volatile
Other Assets0.951.0205.5 M
Slightly volatile
Long Term Debt902.6 M859.6 M474 M
Slightly volatile
Property Plant Equipment118.2 M112.5 M41.5 M
Slightly volatile
Current Deferred Revenue89.4 M85.1 M50.1 M
Slightly volatile
Net Tangible Assets2.5 B2.4 BB
Slightly volatile
Long Term Debt Total1.1 B1.1 B514.6 M
Slightly volatile
Capital Surpluse315.2 M405.5 M282.2 M
Slightly volatile
Long Term Investments41.8 M44 M125.8 M
Very volatile
Non Current Liabilities Other94.4 M99.3 M294.6 M
Slightly volatile
Short and Long Term Debt73.6 M77.5 M252.8 M
Slightly volatile
Cash And Equivalents376.2 M358.3 M130.9 M
Slightly volatile
Net Invested Capital1.9 B3.4 B1.7 B
Slightly volatile
Net Working Capital2.6 B3.4 BB
Slightly volatile
Capital Stock240.8 K270.9 K295 K
Slightly volatile
Capital Lease Obligations53.1 M57.6 M30.7 M
Slightly volatile

MI Homes Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization15.2 M14.5 M6.6 M
Pretty Stable
Total Revenue4.2 BB2.2 B
Slightly volatile
Gross Profit1.1 BB495.3 M
Slightly volatile
Other Operating Expenses3.6 B3.4 BB
Slightly volatile
Cost Of Revenue3.2 BB1.7 B
Slightly volatile
Total Operating Expenses453.3 M431.7 M258.1 M
Slightly volatile
Selling General Administrative131.3 M222.8 M126.9 M
Slightly volatile
Net Income Applicable To Common Shares592.5 M564.3 M196.5 M
Slightly volatile
Selling And Marketing Expenses115.4 M208.9 M122.8 M
Slightly volatile
Net Income From Continuing Ops515 M490.5 M186.1 M
Slightly volatile
Non Recurring22.2 M21.1 M9.1 M
Slightly volatile
Tax Provision80.7 M143 M61.1 M
Slightly volatile
Interest Income1.9 MM12.9 M
Slightly volatile
Reconciled Depreciation14.8 M14.5 M12.3 M
Slightly volatile

MI Homes Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow327.1 M311.5 M120 M
Slightly volatile
Depreciation15.2 M14.5 M10.2 M
Slightly volatile
Capital Expenditures5.7 M5.8 MM
Slightly volatile
End Period Cash Flow769.4 M732.8 M194.4 M
Slightly volatile
Stock Based Compensation11.9 M11.4 M5.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.00.94960.5036
Slightly volatile
Dividend Yield0.00760.0080.0759
Very volatile
PTB Ratio1.191.51971.1523
Slightly volatile
Book Value Per Share95.1790.638438.9517
Slightly volatile
Invested Capital0.330.34920.96
Slightly volatile
Stock Based Compensation To Revenue0.00190.00280.0028
Slightly volatile
PB Ratio1.191.51971.1523
Slightly volatile
EV To Sales0.531.00010.7347
Slightly volatile
Inventory Turnover1.461.07771.1962
Pretty Stable
Days Of Inventory On Hand232339313
Very volatile
Payables Turnover11.0214.728413.1446
Very volatile
Sales General And Administrative To Revenue0.110.05530.0727
Slightly volatile
Cash Per Share27.8526.51957.6105
Slightly volatile
Payout Ratio0.06210.06540.4728
Very volatile
Days Payables Outstanding29.9424.782127.8192
Pretty Stable
Intangibles To Total Assets0.00690.00670.0067
Slightly volatile
Current Ratio6.197.680611.511
Pretty Stable
Tangible Book Value Per Share94.1589.664138.4578
Slightly volatile
Graham Number19418575.5332
Slightly volatile
Shareholders Equity Per Share95.1790.638438.9517
Slightly volatile
Debt To Equity0.330.34920.96
Slightly volatile
Revenue Per Share15214582.4381
Slightly volatile
Interest Debt Per Share17.4832.942228.5081
Slightly volatile
Debt To Assets0.320.21730.4305
Slightly volatile
Operating Cycle242338316
Very volatile
Price Book Value Ratio1.191.51971.1523
Slightly volatile
Days Of Payables Outstanding29.9424.782127.8192
Pretty Stable
Dividend Payout Ratio0.06210.06540.4728
Very volatile
Ebt Per Ebit1.11.04370.9017
Pretty Stable
Company Equity Multiplier2.541.60692.2669
Slightly volatile
Long Term Debt To Capitalization0.210.22080.4396
Slightly volatile
Total Debt To Capitalization0.520.25880.4869
Slightly volatile
Debt Equity Ratio0.330.34920.96
Slightly volatile
Quick Ratio1.591.51860.9863
Pretty Stable
Net Income Per E B T0.650.76630.9591
Slightly volatile
Cash Ratio1.591.51860.9844
Pretty Stable
Cash Conversion Cycle220314289
Very volatile
Days Of Inventory Outstanding232339313
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.860.98961.2922
Pretty Stable
Price To Book Ratio1.191.51971.1523
Slightly volatile
Fixed Asset Turnover80.3944.128275.6167
Slightly volatile
Debt Ratio0.320.21730.4305
Slightly volatile
Price Sales Ratio1.00.94960.5036
Slightly volatile
Asset Turnover1.40.99591.1296
Very volatile
Gross Profit Margin0.150.25160.2025
Slightly volatile
Price Fair Value1.191.51971.1523
Slightly volatile

MI Homes Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.6 B3.4 B3.5 B
Slightly volatile
Enterprise Value3.8 B3.6 B3.7 B
Slightly volatile

MHO Fundamental Market Drivers

Forward Price Earnings6.5531
Cash And Short Term Investments732.8 M

MHO Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About MI Homes Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include MI Homes income statement, its balance sheet, and the statement of cash flows. MI Homes investors use historical funamental indicators, such as MI Homes's revenue or net income, to determine how well the company is positioned to perform in the future. Although MI Homes investors may use each financial statement separately, they are all related. The changes in MI Homes's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on MI Homes's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on MI Homes Financial Statements. Understanding these patterns can help to make the right decision on long term investment in MI Homes. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue85.1 M89.4 M
Total RevenueB4.2 B
Cost Of RevenueB3.2 B
Stock Based Compensation To Revenue 0  0 
Sales General And Administrative To Revenue 0.06  0.11 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0)(0)
Revenue Per Share 145.06  152.31 
Ebit Per Revenue 0.14  0.15 

MI Homes Investors Sentiment

The influence of MI Homes' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in MHO. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to MI Homes' public news can be used to forecast risks associated with an investment in MHO. The trend in average sentiment can be used to explain how an investor holding MHO can time the market purely based on public headlines and social activities around MI Homes. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
MI Homes' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for MI Homes' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average MI Homes' news discussions. The higher the estimated score, the more favorable is the investor's outlook on MI Homes.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MI Homes in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MI Homes' short interest history, or implied volatility extrapolated from MI Homes options trading.

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When determining whether MI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MI Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mi Homes Stock:
Check out the analysis of MI Homes Correlation against competitors.
To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.
Note that the MI Homes information on this page should be used as a complementary analysis to other MI Homes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running MI Homes' price analysis, check to measure MI Homes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MI Homes is operating at the current time. Most of MI Homes' value examination focuses on studying past and present price action to predict the probability of MI Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MI Homes' price. Additionally, you may evaluate how the addition of MI Homes to your portfolios can decrease your overall portfolio volatility.
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Is MI Homes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MI Homes. If investors know MHO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MI Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.21)
Earnings Share
16.21
Revenue Per Share
145.252
Quarterly Revenue Growth
(0.20)
Return On Assets
0.0932
The market value of MI Homes is measured differently than its book value, which is the value of MHO that is recorded on the company's balance sheet. Investors also form their own opinion of MI Homes' value that differs from its market value or its book value, called intrinsic value, which is MI Homes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MI Homes' market value can be influenced by many factors that don't directly affect MI Homes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if MI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MI Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.