M/i homes reports 2025 first quarter results

Columbus, ohio , april 23, 2025 /prnewswire/ -- m/i homes, inc. (nyse:mho) announced results for the three months ended march 31, 2025. 2025  first quarter highlights: homes delivered decreased 8% to 1,976 from 2,158 revenue decreased 7% to $976 million pre-tax income decreased 19% to $146 million, 15% of revenue net income of $111 million ($3.98 per diluted share) versus $138 million ($4.78 per diluted share) shareholders' equity reached an all-time record $3 billion, a 14% increase from a year ago, with book value per share of $112 new contracts were 2,292, compared to 2,547 in last year's first quarter repurchased $50 million of common stock return on equity of 19% the company reported pre-tax income of $146.1 million and net income of $111.2 million ($3.98 per diluted share).
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