M/I Homes, Inc.

MHONYSEConsumer Cyclical● Active

$137.68

+$0.35(+0.25%)

Market Cap$3.5B

P/E Ratio—

52W High$158.92

52W Low$103.52

Avg Volume236K

Open$137.53

Beta1.64

Overview

M/I Homes, Inc. (MHO) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MHO · free cash flow · updated Jun 8, 2026

Core FCF metrics

MHO · FCF · TTM · margin & CAGR

Free cash flow was $120.7M for FY2025 (fiscal year ending 2025-12-31), down 29.5% year-over-year The FCF margin was 2.7%. Five-year CAGR stands at -5.1%.

FY2025 Free Cash Flow$120.7M▼ -29.5% YoY

Trailing 12M (TTM)$199.3Mtrailing 4 quarters sum

FCF Margin2.7%$120.7M ÷ revenue

3-Year CAGR-11.6%FY2022 → FY2025

5-Year CAGR-5.1%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MHO · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$130.3M(10M)$120.7M▼ 29.5%2.7%

FY2024$179.7M(8M)$171.3M▼ 68.6%3.8%

FY2023$552.1M(6M)$546.4M▲ +212.7%13.6%

FY2022$184.1M(9M)$174.7M▲ +514.8%4.2%

FY2021−$16.8M(25M)−$42.1M▼ 126.9%-1.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MHO · P/FCF · FCF yield · FCF per share

M/I Homes, Inc. (MHO) trades at a FCF yield of 5.63% and a price-to-free-cash-flow ratio of 18.5x. FCF per share stands at $7.45, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

5.63%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$7.45

TTM FCF ÷ Shares Outstanding

Price / FCF

x18.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x19.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

MHO · cash flow statement · operating / investing / financing

For FY2025, M/I Homes, Inc. generated $130.3M in operating cash flow and spent 10M in capital expenditures, yielding $120.7M in free cash flow.

Operating Activities

+$130.3M

Cash from core business operations

2025-12-31

Investing Activities

−$59.7M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$203.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($130.3M) − |CapEx| (10M) = FCF ($120.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

MHO vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

M/I Homes, Inc.YOU

MHO

$120.7M-29.5%2.7%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

M/I Homes, Inc. (MHO) reported free cash flow of $120.7M for FY2025 (fiscal year ending 2025-12-31), down 29.5% year-over-year. The FCF margin was 2.7%.

Based on available data, M/I Homes, Inc. has maintained positive free cash flow for at least 7 fiscal year(s). FCF peaked at $546.4M in FY2023. The 5-year CAGR stands at -5.1%.

M/I Homes, Inc.'s FCF yield is 5.63% and price-to-FCF ratio is 18.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MHO free cash flow · 8 questions

M/I Homes, Inc. free cash flow was $120.7M for FY2025, down 29.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $199.3M.

MHO free cash flowMHO FCFMHO FCF 2025MHO free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · M/I Homes, Inc. · M/I Homes, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026