M/I Homes, Inc., together with its subsidiaries, operates as a builder of single-family homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments. It designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, millennial, move-up, empty-nester, and luxury buyers under the M/I Homes brand name. The company also purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. In addition, it originates and sells mortgages; and serves as a title insurance agent by providing title insurance policies, examination, and closing services to purchasers of its homes. The company was formerly known as M/I Schottenstein Homes, Inc. and changed its name to M/I Homes, Inc. in January 2004. M/I Homes, Inc. was founded in 1976 and is based in Columbus, Ohio.
Revenue of M/I Homes, Inc. (MHO)
Revenue in 2023 (TTM): $4.03 B
According to M/I Homes, Inc.'s latest financial reports the company's current revenue (TTM) is $4.03 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of M/I Homes, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $4.03 B | $1.02 B | $591.36 M | $607.28 M | $465.37 M |
| 2022 | $4.13 B | $1.04 B | $652.06 M | $635.21 M | $490.66 M |
| 2021 | $3.75 B | $908.92 M | $532.63 M | $509.11 M | $396.87 M |
| 2020 | $3.05 B | $676.34 M | $339.83 M | $310.04 M | $239.87 M |
| 2019 | $2.5 B | $489.43 M | $202.32 M | $166.03 M | $127.59 M |
| 2018 | $2.29 B | $443.77 M | $182.59 M | $141.29 M | $107.66 M |
| 2017 | $1.96 B | $393.27 M | $154.28 M | $120.32 M | $72.08 M |
| 2016 | $1.69 B | $329.15 M | $120.83 M | $91.79 M | $56.61 M |
| 2015 | $1.42 B | $300.09 M | $121.44 M | $86.93 M | $51.76 M |
| 2014 | $1.22 B | $252.73 M | $89.68 M | $69.74 M | $50.79 M |
| 2013 | $1.04 B | $206.47 M | $68.09 M | $41.34 M | $151.42 M |
| 2012 | $761.91 M | $147.86 M | $38.57 M | $12.76 M | $13.35 M |
| 2011 | $566.42 M | $77.3 M | $-11,323,000 | $-33,902,000 | $-33,877,000 |
| 2010 | $616.38 M | $104.97 M | $-10,233,000 | $-27,404,000 | $-26,269,000 |
| 2009 | $569.95 M | $19.54 M | $-76,651,000 | $-92,989,000 | $-62,109,000 |
| 2008 | $607.66 M | $-77,805,000 | $-196,173,000 | $-215,124,000 | $-245,448,000 |
| 2007 | $1.02 B | $183.86 M | $-127,540,000 | $-150,876,000 | $-128,126,000 |
| 2006 | $1.36 B | $344.77 M | $135.04 M | $60.12 M | $38.88 M |
| 2005 | $1.35 B | $340.12 M | $178.94 M | $161.43 M | $100.79 M |
| 2004 | $1.17 B | $299.02 M | $162.09 M | $151.3 M | $91.53 M |
| 2003 | $1.07 B | $272.84 M | $147.12 M | $135.1 M | $81.73 M |
| 2002 | $1.03 B | $249.27 M | $125.25 M | $109.2 M | $66.61 M |
| 2001 | $976.77 M | $221.55 M | $103.22 M | $85.04 M | $55.28 M |
| 2000 | $935.04 M | $201.1 M | $93.04 M | $72.56 M | $44.44 M |
| 1999 | $852.4 M | $186.7 M | $85.3 M | $68.8 M | $41.6 M |
| 1998 | $739.6 M | $152.9 M | $61.5 M | $46.6 M | $27.7 M |
| 1997 | $614 M | $121 M | $42.8 M | $29.4 M | $17.4 M |
| 1996 | $577.2 M | $110.5 M | $37.6 M | $23.1 M | $12.8 M |
| 1995 | $527.8 M | $97.6 M | $32.4 M | $16.5 M | $9.9 M |
| 1994 | $491.7 M | $89.7 M | $30.7 M | $19.2 M | $11.6 M |
| 1993 | $446.1 M | $82.2 M | $30.2 M | $18.6 M | $16.1 M |