← M/I HOMES, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $51.7m |
$66.2m
+27.90%
|
$107.7m
+62.71%
|
$127.6m
+18.51%
|
$239.9m
+88.01%
|
$396.9m
+65.45%
|
$490.7m
+23.63%
|
$465.4m
-5.16%
|
$563.7m
+21.14%
|
$402.9m
-28.52%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $56.6m | $72.1m | $107.7m | $127.6m | $239.9m | $396.9m | $490.7m | $465.4m | $563.7m | $402.9m | — | |
| Depreciation, Depletion and Amortization | $13.6m | $14.2m | $14.5m | $15.9m | $17.6m | $16.9m | $17.2m | $15.8m | $17.4m | $18.9m | $17.5m | |
| Amortization of Debt Issuance Costs and Discounts | $3.4m | $3.5m | $2.8m | $2.7m | $2.5m | $2.6m | $2.6m | $2.9m | $3.2m | $3.4m | — | |
| Depreciation | $8.6m | $9.6m | $11.0m | $11.7m | $12.6m | $12.7m | $13.0m | $12.9m | $14.1m | $15.5m | $16.4m | |
| Deferred Income Tax Expense (Benefit) | $31.3m | $12.4m | $5.0m | $3.9m | $3.4m | ($4.1m) | ($7.8m) | $2.7m | $1.9m | $8.9m | $8.9m | |
| Share-based Payment Arrangement, Noncash Expense | $5.3m | $6.0m | $6.0m | $5.8m | $7.1m | $8.6m | $8.8m | $11.4m | $14.6m | $17.0m | $17.6m | |
| Share-based Payment Arrangement, Expense | $3.3m | $3.7m | $3.9m | $3.6m | $3.9m | $4.6m | $5.4m | $7.5m | $5.9m | $5.0m | $17.6m | |
| Equity Method Investment, Other than Temporary Impairment | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $640k | $539k | $312k | $311k | $466k | $103k | $6k | $33k | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | $83.8m | $168.6m | $157.6m | $88.4m | $134.9m | $508.2m | $348.6m | ($46.7m) | $297.7m | $313.5m | ($205.9m) | |
| Increase (Decrease) in Accounts Payable | $16.3m | $14.0m | $3.8m | ($6.5m) | $60.6m | $58.8m | ($15.9m) | ($23.9m) | ($6.1m) | ($17.4m) | ($8.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $34.2m |
($52.5m)
-253.61%
|
($2.6m)
+95.07%
|
$65.6m
+2632.06%
|
$168.3m
+156.49%
|
($16.8m)
-109.99%
|
$184.1m
+1194.16%
|
$552.1m
+199.96%
|
$179.7m
-67.45%
|
$137.3m
-23.58%
|
$207.2m
+50.89%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $13.1m | $8.8m | $8.1m | $4.5m | $11.7m | $25.3m | $9.3m | $5.8m | $8.4m | $9.6m | ($11.2m) | |
| Net Cash Provided by (Used in) Investing Activities | ($31.6m) | ($9.8m) | ($134.0m) | ($27.6m) | ($33.9m) | ($51.7m) | ($27.4m) | ($18.6m) | ($54.9m) | ($59.7m) | ($51.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $0 | $0 | — | $0 | ($950k) | $9.1m | $0 | $0 | — | — | — | |
| Payments for Repurchase of Common Stock | — | — | ($25.7m) | $5.2m | $1.9m | $51.5m | $55.3m | $65.3m | $177.0m | $202.0m | — | |
| Proceeds from Issuance of Common Stock | — | $57.5m | $20.3m | — | — | — | — | — | — | — | — | |
| Dividends paid | ($4.9m) | ($3.7m) | $0 | $0 | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | $18.8m |
$179.6m
+855.95%
|
$6.4m
-96.45%
|
($53.5m)
-938.95%
|
$120.3m
+324.86%
|
$44.1m
-63.33%
|
($81.5m)
-284.83%
|
($112.2m)
-37.69%
|
($36.1m)
+67.86%
|
($210.0m)
-482.11%
|
($220.5m)
-4.98%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $21.3m | $117.3m | ($130.2m) | ($15.4m) | $254.7m | ($24.4m) | $75.2m | $421.3m | $88.8m | ($132.4m) | $735.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $21.3m | $117.3m | ($130.2m) | $6.1m | $260.8m | $236.4m | $311.5m | $732.8m | $821.6m | $689.2m | $735.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $6.6m | $10.2m | $17.8m | $19.0m | $7.8m | $1.1m | $649k | $1.5m | $638k | $822k | — | |
| Income Taxes Paid, Net | $2.3m | $36.8m | $25.3m | $37.0m | $63.7m | $109.9m | $155.1m | $150.7m | $159.6m | $131.4m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Sale of Properties | — | — | — | $448k | $0 | $1.9m | $0 | $0 | — | — | — | |
| General and Administrative Expense | $111.6m | $126.3m | $137.8m | $148.0m | $177.5m | $192.0m | $214.8m | $222.8m | $258.4m | $262.8m | — | |
| Goodwill | — | — | $16.4m | $16.4m | $16.4m | $16.4m | $16.4m | $16.4m | $16.4m | $16.4m | $51.9m | |
| Income Tax Expense (Benefit) | $35.2m | $48.2m | $33.6m | $38.4m | $70.2m | $112.2m | $144.5m | $141.9m | $169.9m | $123.6m | — | |
| Operating Lease, Expense | — | — | — | ($9.5m) | $10.4m | $14.5m | $16.0m | $16.0m | $16.8m | $16.6m | — | |
| Proceeds from Stock Options Exercised | $182k | $11.2m | $538k | $19.6m | $9.9m | $11.2m | $1.4m | $33.8m | $21.3m | $8.4m | — | |
| Stock or Unit Option Plan Expense | $200k | $217k | $210k | $200k | $400k | $300k | $400k | $500k | $400k | $2.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.