MHO Historical Income Statement

MHO Stock

USD 118.91 2.57 2.21%

Historical analysis of MI Homes income statement accounts such as Gross Profit of 1.1 B can show how well MI Homes performed in making a profits. Evaluating MI Homes income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of MI Homes's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining MI Homes latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether MI Homes is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.

About MHO Income Statement Analysis

MI Homes Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to MI Homes shareholders. The income statement also shows MHO investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

MI Homes Income Statement Chart

MI Homes Income Statement is one of the three primary financial statements used for reporting MHO's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of MI Homes revenue and expense. MI Homes Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, MI Homes' EBIT is very stable compared to the past year. As of the 3rd of May 2024, EBITDA is likely to grow to about 626.1 M, while Selling General Administrative is likely to drop about 131.3 M.

Gross Profit Other Operating Expenses Cost Of Revenue Selling General Administrative

Gross Profit

Gross profit is a required income statement account that reflects total revenue of MI Homes minus its cost of goods sold. It is profit before MI Homes operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of MI Homes. It is also known as MI Homes overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on MI Homes income statement and represents the costs associated with goods and services MI Homes provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from MI Homes' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into MI Homes current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.At this time, MI Homes' EBIT is very stable compared to the past year. As of the 3rd of May 2024, EBITDA is likely to grow to about 626.1 M, while Selling General Administrative is likely to drop about 131.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	908.9M	1.0B	1.0B	1.1B
Total Revenue	3.7B	4.1B	4.0B	4.2B

Gross Profit Total Revenue

MI Homes income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.82	0.12	0.13	0.13	0.1	0.09	0.11	0.12	0.18	0.12	0.72	0.09	0.19	-0.05	-0.09	0.13	0.26	-0.15	-0.01	-0.05	0.34	-0.11
Interest Expense	0.82		0.29	0.27	0.3	0.22	0.22	0.23	0.29	0.36	0.24	0.67	0.23	0.23	0.1	0.06	0.27	0.31	-0.19	0.05	-0.07	0.41	0.16
Total Revenue	0.12	0.29		0.99	1.0	0.97	0.97	0.97	1.0	0.99	0.97	0.52	0.94	0.87	0.91	0.87	0.94	0.92	0.47	0.85	-0.83	0.81	0.92
Gross Profit	0.13	0.27	0.99		0.99	0.99	0.99	0.99	0.99	0.97	0.99	0.56	0.97	0.88	0.89	0.84	0.97	0.95	0.44	0.88	-0.88	0.87	0.92
Other Operating Expenses	0.13	0.3	1.0	0.99		0.96	0.95	0.96	1.0	1.0	0.95	0.51	0.93	0.87	0.92	0.88	0.92	0.9	0.47	0.82	-0.8	0.79	0.92
Operating Income	0.1	0.22	0.97	0.99	0.96		1.0	1.0	0.96	0.93	1.0	0.57	0.98	0.88	0.87	0.8	0.98	0.97	0.42	0.92	-0.92	0.9	0.9
Ebit	0.09	0.22	0.97	0.99	0.95	1.0		1.0	0.96	0.93	1.0	0.56	0.98	0.88	0.86	0.8	0.98	0.96	0.43	0.92	-0.92	0.9	0.91
Ebitda	0.11	0.23	0.97	0.99	0.96	1.0	1.0		0.96	0.93	1.0	0.58	0.98	0.88	0.86	0.8	0.98	0.97	0.42	0.92	-0.92	0.9	0.91
Cost Of Revenue	0.12	0.29	1.0	0.99	1.0	0.96	0.96	0.96		0.99	0.95	0.51	0.93	0.87	0.92	0.88	0.92	0.9	0.47	0.83	-0.81	0.79	0.92
Total Operating Expenses	0.18	0.36	0.99	0.97	1.0	0.93	0.93	0.93	0.99		0.93	0.53	0.9	0.85	0.9	0.87	0.9	0.88	0.46	0.79	-0.77	0.78	0.91
Income Before Tax	0.12	0.24	0.97	0.99	0.95	1.0	1.0	1.0	0.95	0.93		0.59	0.98	0.88	0.85	0.79	0.98	0.97	0.42	0.92	-0.92	0.91	0.9
Total Other Income Expense Net	0.72	0.67	0.52	0.56	0.51	0.57	0.56	0.58	0.51	0.53	0.59		0.6	0.48	0.34	0.26	0.6	0.66	0.05	0.46	-0.53	0.74	0.34
Net Income	0.09	0.23	0.94	0.97	0.93	0.98	0.98	0.98	0.93	0.9	0.98	0.6		0.79	0.83	0.76	1.0	0.97	0.42	0.91	-0.92	0.9	0.89
Income Tax Expense	0.19	0.23	0.87	0.88	0.87	0.88	0.88	0.88	0.87	0.85	0.88	0.48	0.79		0.78	0.75	0.79	0.82	0.35	0.8	-0.79	0.78	0.79
Selling General Administrative	-0.05	0.1	0.91	0.89	0.92	0.87	0.86	0.86	0.92	0.9	0.85	0.34	0.83	0.78		0.99	0.81	0.77	0.49	0.86	-0.72	0.64	0.85
Selling And Marketing Expenses	-0.09	0.06	0.87	0.84	0.88	0.8	0.8	0.8	0.88	0.87	0.79	0.26	0.76	0.75	0.99		0.74	0.71	0.52	0.79	-0.64	0.56	0.82
Net Income From Continuing Ops	0.13	0.27	0.94	0.97	0.92	0.98	0.98	0.98	0.92	0.9	0.98	0.6	1.0	0.79	0.81	0.74		0.98	0.4	0.91	-0.93	0.92	0.89
Non Recurring	0.26	0.31	0.92	0.95	0.9	0.97	0.96	0.97	0.9	0.88	0.97	0.66	0.97	0.82	0.77	0.71	0.98		0.45	0.89	-0.92	0.94	0.83
Non Operating Income Net Other	-0.15	-0.19	0.47	0.44	0.47	0.42	0.43	0.42	0.47	0.46	0.42	0.05	0.42	0.35	0.49	0.52	0.4	0.45		0.41	-0.45	0.29	0.45
Tax Provision	-0.01	0.05	0.85	0.88	0.82	0.92	0.92	0.92	0.83	0.79	0.92	0.46	0.91	0.8	0.86	0.79	0.91	0.89	0.41		-0.91	0.83	0.8
Interest Income	-0.05	-0.07	-0.83	-0.88	-0.8	-0.92	-0.92	-0.92	-0.81	-0.77	-0.92	-0.53	-0.92	-0.79	-0.72	-0.64	-0.93	-0.92	-0.45	-0.91		-0.93	-0.82
Net Interest Income	0.34	0.41	0.81	0.87	0.79	0.9	0.9	0.9	0.79	0.78	0.91	0.74	0.9	0.78	0.64	0.56	0.92	0.94	0.29	0.83	-0.93		0.78
Reconciled Depreciation	-0.11	0.16	0.92	0.92	0.92	0.9	0.91	0.91	0.92	0.91	0.9	0.34	0.89	0.79	0.85	0.82	0.89	0.83	0.45	0.8	-0.82	0.78

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MI Homes Account Relationship Matchups

MI Homes income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	311K	466K	2.0M	6K	14.5M	15.2M
Interest Expense	21.4M	9.7M	2.2M	2.3M	35.8M	37.6M
Total Revenue	2.5B	3.0B	3.7B	4.1B	4.0B	4.2B
Gross Profit	489.4M	676.3M	908.9M	1.0B	1.0B	1.1B
Other Operating Expenses	2.3B	2.7B	3.2B	3.5B	3.4B	3.6B
Operating Income	187.1M	319.3M	518.3M	637.5M	581.8M	610.9M
Ebit	187.1M	319.3M	518.3M	637.5M	581.8M	610.9M
Ebitda	187.4M	319.7M	520.3M	637.5M	596.3M	626.1M
Cost Of Revenue	2.0B	2.4B	2.8B	3.1B	3.0B	3.2B
Total Operating Expenses	302.3M	357.1M	390.6M	406.4M	431.7M	453.3M
Income Before Tax	166.0M	310.0M	509.1M	635.2M	607.3M	637.6M
Total Other Income Expense Net	(21.1M)	(9.2M)	(9.2M)	(2.2M)	25.5M	26.7M
Net Income	127.6M	239.9M	396.9M	490.7M	465.4M	488.6M
Income Tax Expense	38.4M	70.2M	112.2M	144.5M	141.9M	149.0M
Selling General Administrative	148.0M	177.5M	192.0M	214.8M	222.8M	131.3M
Net Income Applicable To Common Shares	127.6M	239.9M	396.9M	490.7M	564.3M	592.5M
Selling And Marketing Expenses	154.4M	179.5M	198.6M	191.6M	208.9M	115.4M
Net Income From Continuing Ops	127.6M	239.9M	396.9M	490.7M	490.5M	515.0M
Non Recurring	7.5M	5.0M	8.4M	18.4M	21.1M	22.2M
Non Operating Income Net Other	311K	466K	7.0M	6K	6.9K	6.6K
Tax Provision	38.4M	70.2M	112.2M	144.5M	143.0M	80.7M
Interest Income	21.1M	9.2M	110K	2.2M	2.0M	1.9M
Net Interest Income	(21.4M)	(9.7M)	(2.2M)	(2.3M)	11.7M	12.3M
Reconciled Depreciation	13.2M	15.1M	14.3M	14.6M	14.5M	14.8M

MI Homes Investors Sentiment

The influence of MI Homes' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in MHO. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to MI Homes' public news can be used to forecast risks associated with an investment in MHO. The trend in average sentiment can be used to explain how an investor holding MHO can time the market purely based on public headlines and social activities around MI Homes. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

MI Homes' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for MI Homes' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average MI Homes' news discussions. The higher the estimated score, the more favorable is the investor's outlook on MI Homes.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MI Homes in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MI Homes' short interest history, or implied volatility extrapolated from MI Homes options trading.

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When determining whether MI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MI Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mi Homes Stock:

How To Invest In MHO

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Is MHO Stock a good investment?

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What is MI Homes' Net Worth?

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To learn how to invest in MHO Stock, please use our How to Invest in MI Homes guide.

Note that the MI Homes information on this page should be used as a complementary analysis to other MI Homes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for MHO Stock analysis

When running MI Homes' price analysis, check to measure MI Homes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MI Homes is operating at the current time. Most of MI Homes' value examination focuses on studying past and present price action to predict the probability of MI Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MI Homes' price. Additionally, you may evaluate how the addition of MI Homes to your portfolios can decrease your overall portfolio volatility.

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Is MI Homes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MI Homes. If investors know MHO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MI Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.313

Earnings Share

17.35

Revenue Per Share

146.322

Quarterly Revenue Growth

0.046

Return On Assets

0.0964

The market value of MI Homes is measured differently than its book value, which is the value of MHO that is recorded on the company's balance sheet. Investors also form their own opinion of MI Homes' value that differs from its market value or its book value, called intrinsic value, which is MI Homes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MI Homes' market value can be influenced by many factors that don't directly affect MI Homes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between MI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if MI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MI Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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MHO Historical Income Statement

About MHO Income Statement Analysis

MI Homes Income Statement Chart

Gross Profit

Other Operating Expenses

Cost Of Revenue

MI Homes income statement Correlations

MI Homes Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MI Homes income statement Accounts

MI Homes Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for MHO Stock analysis

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Total Operating Expenses	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income

Net Interest Income	- 0.93	Interest Income
Interest Income	- 0.93	Net Income From Continuing Ops
Interest Income	- 0.92	Non Recurring
Interest Income	- 0.92	Net Income
Interest Income	- 0.92	Income Before Tax
Interest Income	- 0.92	Ebitda