| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash, cash equivalents and restricted cash | 767,416 | 689,189 | 734,174 | 800,398 |
| Mortgage loans held for sale | 261,807 | 309,100 | 239,585 | 280,867 |
| Inventory | 3,399,101 | 3,383,941 | 3,412,830 | 3,286,606 |
| Property and equipment - net | 31,879 | 34,342 | 32,668 | 33,749 |
| Investment in joint venture arrangements | 68,357 | 106,299 | 81,514 | 67,466 |
| Operating lease right-of-use assets | 53,116 | 54,976 | 50,322 | 56,403 |
| Deferred income tax assets, net | 4,508 | 4,508 | 13,451 | 13,451 |
| Goodwill | 16,400 | 16,400 | 16,400 | 16,400 |
| Other assets | 185,802 | 178,370 | 188,600 | 184,699 |
| Total assets | 4,788,386 | 4,777,125 | 4,769,544 | 4,740,039 |
| Notes payable bank - homebuilding operations | NaN | NaN | NaN | 0 |
| Accounts payable | 215,817 | 181,189 | 257,981 | 252,476 |
| Customer deposits | 59,439 | 50,841 | 61,602 | 72,160 |
| Operating lease liabilities | 54,867 | 56,675 | 51,968 | 57,997 |
| Other liabilities | 252,172 | 308,535 | 293,716 | 281,230 |
| Community development district obligations | 12,884 | 10,209 | 8,747 | 9,867 |
| Obligation for consolidated inventory not owned | 44,055 | 30,330 | 18,122 | 12,586 |
| Notes payable bank - financial service operations | 260,201 | 276,856 | 231,979 | 275,926 |
| Senior notes due 2028 - net | 398,620 | 398,427 | 398,233 | 398,040 |
| Senior notes due 2030 - net | 297,999 | 297,873 | 297,747 | 297,621 |
| Total liabilities | 1,596,054 | 1,610,935 | 1,620,095 | 1,657,903 |
| Common shares - 0.01 par value authorized 58,000,000 shares at both march31, 2026 and december31, 2025 issued 30,137,141 shares at both march31, 2026 and december31, 2025 | 301 | 301 | 301 | 301 |
| Additional paid-in capital | 333,362 | 344,118 | 339,812 | 344,536 |
| Retained earnings | 3,335,846 | 3,268,014 | 3,204,043 | 3,097,553 |
| Treasury shares - at cost - 4,547,032 and 4,374,432 shares at march31, 2026 and december31, 2025, respectively | 477,177 | 446,243 | 394,707 | 360,254 |
| Total shareholders' equity | 3,192,332 | 3,166,190 | 3,149,449 | 3,082,136 |
| Total liabilities and shareholders' equity | 4,788,386 | 4,777,125 | 4,769,544 | 4,740,039 |
M I HOMES, INC. (MHO)
M I HOMES, INC. (MHO)