M/I Homes Inc (MHO)
Return on total capital
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 603,589 | 633,721 | 658,879 | 685,031 | 712,229 | 678,084 | 661,542 | 630,653 | 591,920 | 626,466 | 620,280 | 647,788 | 636,107 | 610,645 | 569,920 | 527,820 | 516,372 | 487,931 | 458,099 | 390,953 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,166,190 | 3,149,450 | 3,082,140 | 3,006,330 | 2,939,680 | 2,845,360 | 2,741,120 | 2,638,780 | 2,516,940 | 2,425,710 | 2,298,460 | 2,183,220 | 2,070,720 | 1,937,770 | 1,818,270 | 1,703,690 | 1,624,180 | 1,544,470 | 1,466,540 | 1,353,420 |
| Return on total capital | 19.06% | 20.12% | 21.38% | 22.79% | 24.23% | 23.83% | 24.13% | 23.90% | 23.52% | 25.83% | 26.99% | 29.67% | 30.72% | 31.51% | 31.34% | 30.98% | 31.79% | 31.59% | 31.24% | 28.89% |
December 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $603,589K ÷ ($—K + $3,166,190K)
= 19.06%
Peer comparison
Dec 31, 2025
Company name
Symbol
Return on total capital
M/I Homes Inc
MHO
19.06%
DR Horton Inc
DHI
19.59%
KB Home
KBH
14.21%
Lennar Corporation
LEN
12.81%
Meritage Corporation
MTH
10.34%
NVR Inc
NVR
47.75%
PulteGroup Inc
PHM
22.42%
Toll Brothers Inc
TOL
21.26%