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M/I Homes (MHO) operating margin by quarter

M/I Homes' operating margin was 7.7% in Q3 2026 (third quarter 2026), -1.8 pts from Q2 2026. Over the last 7 quarters it ranged from 6.5% (Q4 2025) to 14.4% (Q1 2025).

M/I Homes operating margin by quarterM/I Homes operating margin by quarter14.4%Q1 202513.4%Q2 202512.0%Q3 20256.5%Q4 20259.3%Q1 20269.5%Q2 20267.7%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20267.7%-1.8 pts-4.2 pts
Q2 20269.5%+0.2 pts-3.9 pts
Q1 20269.3%+2.8 pts-5.1 pts
Q4 20256.5%-5.4 pts—
Q3 202512.0%-1.4 pts—
Q2 202513.4%-1.0 pts—
Q1 202514.4%——

Q3 2026 at a glance

M/I Homes, Q3 2026: revenue $1.1B (-5% year over year), operating margin 7.7%, net earnings $66.6M, operating cash flow −$13.3M. The chart follows the revenue to costs, profit and cash.

Questions

What is M/I Homes' operating margin?

M/I Homes' operating margin was 7.7% in Q3 2026 (third quarter 2026), -1.8 pts from Q2 2026.

How has M/I Homes' operating margin changed?

Over the last 7 quarters it ranged from 6.5% (Q4 2025) to 14.4% (Q1 2025).

Q3 2026 results → · How M/I Homes makes money →