M/I Homes Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of M/I Homes Inc (MHO). It shows which part of the business is growing — and which one is holding it back.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Southern Homebuilding [Member] | $1.70B 55.9% | $2.05B 54.7% · +20.3% | $2.33B 56.4% · +13.8% | $2.42B 59.9% · +3.6% | $2.49B 55.2% · +3.0% | $2.40B 54.4% · -3.5% |
| Northern Homebuilding [Member] | $1.26B 41.2% | $1.60B 42.6% · +27.0% | $1.71B 41.5% · +7.4% | $1.52B 37.8% · -11.1% | $1.90B 42.2% · +24.7% | $1.89B 42.8% · -0.5% |
| Financial Service | – | $102.0M 2.7% | $86.2M 2.1% · -15.5% | $93.8M 2.3% · +8.9% | $116.2M 2.6% · +23.8% | $125.5M 2.8% · +8.0% |
| Financial Services Sector [Member] | $87.0M 2.9% | – | – | – | – | – |
| Operating Segments | – | – | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Southern Homebuilding [Member] | $202.6M 11.9% | $312.7M 15.3% | $451.9M 19.4% | $440.2M 18.2% | $450.6M 18.1% | $250.0M 10.4% |
| Northern Homebuilding [Member] | $125.6M 10.0% | $212.0M 13.3% | $217.5M 12.7% | $176.3M 11.6% | $281.1M 14.8% | $278.1M 14.7% |
| Financial Service | – | $62.3M 61.1% | $44.4M 51.5% | $48.7M 51.9% | $63.4M 54.5% | $68.2M 54.3% |
| Financial Services Sector [Member] | $53.4M 61.4% | – | – | – | – | – |
| Operating Segments | – | – | $713.8M | $665.2M | $795.1M | $596.2M |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Construction [Member] | $2.94B 96.5% | $3.63B 96.9% · +23.5% | $4.01B 97.1% · +10.5% | $3.91B 97.0% · -2.4% | $4.38B 97.1% · +11.8% | $4.27B 96.8% · -2.3% |
| Financial Service | $87.0M 2.9% | $102.0M 2.7% · +17.3% | $86.2M 2.1% · -15.5% | $93.8M 2.3% · +8.9% | $116.2M 2.6% · +23.8% | $125.5M 2.8% · +8.0% |
| Land [Member] | $19.2M 0.6% | $13.4M 0.4% · -30.2% | $34.8M 0.8% · +159.7% | $25.3M 0.6% · -27.2% | $12.6M 0.3% · -50.1% | $17.6M 0.4% · +39.6% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 14, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.