M/I Homes Inc (MHO)

Working capital turnover

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue US$ in thousands 4,417,780 4,504,670 4,028,110 4,131,390 3,745,890
Total current assets US$ in thousands 4,382,230 4,282,050 3,795,440 3,382,680 2,964,460
Total current liabilities US$ in thousands 181,189 609,849 497,981 228,597 244,505
Working capital turnover 1.05 1.23 1.22 1.31 1.38

December 31, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $4,417,780K ÷ ($4,382,230K – $181,189K)
= 1.05