Company Information

  

Address: 3 EASTON OVAL STE 500  
City: COLUMBUS 
State: OH 
Zip Code: 43219 
Telephone: 614-418-8000 

Description of Business

Primary SIC Code: 1531
(As filed with the SEC)  

M/I Homes, Inc. and subsidiaries (the "Company," "we," "us" or "our") is one of the nation's leading builders of single-family homes. The Company was incorporated, through predecessor entities, in 1973 and commenced homebuilding activities in 1976. Since that time, the Company has sold over 105,600 homes. The Company consists of two distinct operations: homebuilding and financial services. Our homebuilding operations are aggregated for reporting purposes into three reporting segments - the Midwest, Mid-Atlantic and Southern regions. Our financial services operations support our homebuilding operations by providing mortgage loans and title services to the customers of our homebuilding operations and are reported as an independent segment. Please see Note 15 to our Consolidated Financial Statements for additional information related to the financial and operating results for each of our reporting segments.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20182.31NA13.79
12/20172.26NA15.22
09/20172.40NA11.14
06/20172.12NA13.47
03/20172.41NA10.17
12/20161.84NA13.68
09/20161.60NA14.73
06/20161.75NA10.76

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.26Total Liab/Total Assets0.60
Net Inc/Total Assets0.04Total Liab/Inv Cap0.60
Net Inc/Inv Cap0.04Total Liab/Comm Equity4.08
Pretax Inc/Net Sales0.06Interest Coverage Ratio7.38
Net Inc/Net Sales0.04Curr Debt/EquityNA
Cash Flow/Net Sales-0.03LTD/Equity1.08
SG&A/NetSales0.13Total Debt/Equity1.08
Asset Utilization   Liquidity  
Net Receivables Turnover79.57Quick RatioNA
Inventory Turnover1.19Current RatioNA
Inventory Day Sales0.00Net Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E73.16  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 437.86 621.70 476.42 456.87
Cost of Goods Sold 348.70 498.47 374.67 367.60
Selling & Admin Exps 58.01 76.73 62.47 60.36
Operating Income 29.44 38.82 39.28 28.91
Interest Exp 5.88 5.03 4.68 3.83
Pretax Income 23.87 34.13 34.67 25.19
Other Income NA 0.00 NA NA
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 18.06 15.88 22.33 16.99

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 53.58 151.70 103.64 29.94
Receivables - Total 18.10 18.44 29.57 30.08
Inventories - Total 1,580.34 1,414.57 1,455.81 1,379.54
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 25.87 26.82 25.32 22.26
Total Assets 1,894.37 1,864.77 1,784.70 1,631.39
Liabilities        
Accounts Payable 118.84 117.23 120.60 113.07
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 818.26 807.73 774.17 670.57
Total Liabilities 1,108.01 1,117.47 1,061.72 938.07
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA 0.00 0.00 48.16
Common Stock 0.30 0.30 0.30 0.27
Retained Earnings 491.39 473.33 457.45 438.60
Treasury Stock -31.11 -32.81 -39.48 -39.49
Total Stockholders' Equity 786.37 747.30 722.97 693.32
Total Liabilities and Stockholders' Equity 1,894.37 1,864.77 1,784.70 1,631.39

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -31.19 13.50 -26.71 -16.05
Net Cash Provided by Investing Activities -97.67 -4.75 -6.02 -2.25
Net Cash Provided by Financing Activities 30.74 39.32 106.42 9.34

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20131,036.78151.425.24
12/20141,215.1850.791.65
12/20151,418.4051.761.68
12/20161,691.3356.611.84
12/20171,961.9772.082.26
Growth Rates17.29-16.94-18.96

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1819927,37595.82




Report Date : 7/9/2018

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