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How M/I HOMES, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$4.4B · 100%Cost of revenue$3.4B · 77%Gross profit$1.0B · 23%Operating income$507M · 11%Income before tax$527M · 12%Income tax$124M · 3%Net income$403M · 9%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$4.4B100%
  • 10-K · FY 2025Filing detailsAccession 0000799292-26-000006 · filed Feb 13, 2026
Cost of revenue$3.4B77%
  • 10-K · FY 2025Filing detailsAccession 0000799292-26-000006 · filed Feb 13, 2026
$1.0B23%
  • 10-K · FY 2025Filing detailsAccession 0000799292-26-000006 · filed Feb 13, 2026
$507M11%
  • 10-K · FY 2025Filing detailsAccession 0000799292-26-000006 · filed Feb 13, 2026
Income before tax$527M12%
  • 10-K · FY 2025Filing detailsAccession 0000799292-26-000006 · filed Feb 13, 2026
Income tax$124M3%
  • 10-K · FY 2025Filing detailsAccession 0000799292-26-000006 · filed Feb 13, 2026
$403M9%
  • 10-K · FY 2025Filing detailsAccession 0000799292-26-000006 · filed Feb 13, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0000799292-26-000006 · filed Feb 13, 2026
· event Dec 31, 2025 · retrieved Oct 23, 2026 · annual-row source set
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