Every material Form 8-K M/I Homes filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
M/I Homes reported third-quarter 2025 results, with revenue down 1% to $1.1 billion and pre-tax income of $140 million, down 26% from a year earlier, including a $7.6 million inventory charge. Net income was $106.5 million ($3.92 per diluted share) versus $145.4 million ($5.10 per diluted share) in the third quarter of 2024. Lower profit reduces earnings for shareholders, while the company reported record homes delivered, record shareholders' equity, a Moody's upgrade to Ba1, and a $50 million stock buyback.
Revenue fell 1% to $1.1 billion; homes delivered rose 1% to a third-quarter record of 2,296.
Net income was $106.5 million ($3.92 per diluted share), down from $145.4 million ($5.10 per diluted share).
New contracts fell 6% to 1,908 homes; backlog sales value was $1.21 billion, down 30%.
Moody's upgraded the company to Ba1, and the bank credit facility was extended to 2030 with capacity raised to $900 million.
M/I Homes entered into a Seventh Amendment to its unsecured revolving credit facility, increasing lender commitments to $900.0 million from $650.0 million and extending maturity to September 18, 2030. The amendment also lowers the SOFR margin and commitment fee, which reduces the company's borrowing costs under the facility, and no borrowings were outstanding as of June 30, 2025.
Commitments increased to $900.0 million from $650.0 million; accordion feature allows up to $1.05 billion with lender approval
Maturity extended to September 18, 2030
SOFR margin cut to 150 basis points from 175 basis points; commitment fee cut 5 basis points to 25 basis points
As of June 30, 2025, no borrowings outstanding and $88.5 million of letters of credit outstanding
M/I Homes reported second-quarter 2025 results on July 23, 2025. Revenue rose 5% to $1.2 billion and homes delivered rose 6% to 2,348, but pre-tax income fell 18% to $160 million and diluted EPS fell to $4.42 from $5.12. New contracts fell 8%, which may affect future deliveries.
Net income was $121 million ($4.42 per diluted share) versus $147 million ($5.12) a year earlier.
Pre-tax income decreased 18% to $160 million, or 14% of revenue.
New contracts fell 8% to 2,078 homes; backlog units fell 25% to 2,577 as of June 30, 2025.
The company repurchased $50 million of common stock in the quarter.
M/I Homes reported first-quarter 2025 results for the three months ended March 31, with revenue down 7% to $976 million and net income of $111 million ($3.98 per diluted share), versus $138 million ($4.78 per diluted share) a year earlier. Fewer homes were delivered and new contracts fell, though the company said its shareholders' equity reached a record $3 billion and it repurchased $50 million of common stock.
Revenue fell 7% to $976 million; homes delivered fell 8% to 1,976 from 2,158
Pre-tax income fell 19% to $146 million, or 15% of revenue
Net income was $111 million ($3.98 per diluted share) versus $138 million ($4.78 per diluted share)
New contracts fell 10% to 2,292; the company repurchased $50 million of common stock
M/I Homes said director Friedrich K.M. Böhm, a board member since 1994, will retire at the expiration of his term and will not stand for re-election at the 2025 Annual Meeting of Shareholders. The company will name a successor nominee in its proxy statement for that meeting. The change is a board transition with no financial results or guidance included in the filing.
Friedrich K.M. Böhm has served on the board since 1994, including as Lead Director and as Chair of the Audit and Compensation Committees.
Retirement takes effect at the expiration of his current term, at the 2025 Annual Meeting of Shareholders.
The board's nominee to succeed Böhm will be identified in the 2025 proxy statement.
Chairman and CEO Robert H. Schottenstein thanked Böhm for his service in the company's press release dated March 14, 2025.
M/I Homes reported fourth-quarter and full-year 2024 results on January 29, 2025, in a press release furnished as Exhibit 99.1. Revenue and net income rose in both periods, with full-year net income of $563.7 million, or $19.71 per diluted share, compared with $16.21 in 2023. For shareholders, the results show higher earnings, $176.0 million of stock repurchases and a lower homebuilding debt-to-capital ratio, though the release does not include earnings guidance.
Q4 2024 revenue was $1.2 billion, up 24%, and net income was $133.5 million, or $4.71 per diluted share, versus $3.66 a year earlier.
Full-year 2024 revenue rose 12% to $4.5 billion, and net income was $563.7 million, or $19.71 per diluted share, versus $16.21 in 2023.
The company repurchased $176.0 million of stock in 2024, and its homebuilding debt-to-capital ratio fell to 19% from 22%.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every M/I Homes filing is on SEC EDGAR ↗. 8-K briefs of other companies →