M (MHO) Asset Utilization Ratio (2011 - 2026)
M's Asset Utilization Ratio was 0.87 in Q3 2026, down 8.0% from 0.94 a year earlier and down 2.0% from the prior quarter.
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Analysis
M (MHO) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at M came in at 0.95, down 9.9% from FY2024.
- In earlier years, Asset Utilization Ratio was 1.05 in FY2024 (+0.8%), 1.04 in FY2023 (-12.2%), 1.19 in FY2022 (-6.7%) and 1.27 in FY2021 (-0.7%).
- The Q3 2026 figure marks the lowest quarterly Asset Utilization Ratio since Q4 2011.
- Compared with a year earlier, Asset Utilization Ratio has declined for 20 straight quarters, with an average decline of 4.6% over the last eight quarters.
- Across the past five years, year-over-year decline in Asset Utilization Ratio ran from 0.5% in Q4 2024 to 13.3% in Q1 2024.
- Per Business Quant data, MHO's Asset Utilization Ratio in the three quarters before Q3 2026 was 0.88 (Q2 2026), 0.91 (Q1 2026) and 0.93 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 42.23 Bn | 32.53 Bn | 2.15 Bn | 0.93 |
| 2 | Pultegroup | 24.45 Bn | 17.81 Bn | 1.07 Bn | 0.87 |
| 3 | Lennar | 20.89 Bn | 11.26 Bn | 618.54 Mn | 0.95 |
| 4 | Nvr | 16.29 Bn | 10.42 Bn | 482.36 Mn | 1.69 |
| 5 | Toll Brothers | 14.27 Bn | 9.64 Bn | 625.22 Mn | 0.74 |
| 6 | Cavco Industries | 5.07 Bn | 4.03 Bn | 147.61 Mn | 1.52 |
| 7 | Champion Homes | 5.06 Bn | 2.27 Bn | 185.60 Mn | 1.27 |
| 8 | Meritage Homes | 4.37 Bn | 1.35 Bn | 410.22 Mn | 1.35 |
| 9 | M | 3.35 Bn | 533.96 Mn | - | 0.87 |
| 10 | Kb Home | 3.06 Bn | 2.26 Bn | -857.09 Mn | 0.75 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.87 |
| Jun 30, 2026 | 0.88 |
| Mar 31, 2026 | 0.91 |
| Dec 31, 2025 | 0.93 |
| Sep 30, 2025 | 0.94 |
| Jun 30, 2025 | 0.96 |
| Mar 31, 2025 | 0.97 |
| Dec 31, 2024 | 1.00 |
| Sep 30, 2024 | 0.97 |
| Jun 30, 2024 | 0.98 |
| Mar 31, 2024 | 0.99 |
| Dec 31, 2023 | 1.01 |
| Sep 30, 2023 | 1.09 |
| Jun 30, 2023 | 1.11 |
| Mar 31, 2023 | 1.14 |
| Dec 31, 2022 | 1.13 |
| Sep 30, 2022 | 1.12 |
| Jun 30, 2022 | 1.13 |
| Mar 31, 2022 | 1.15 |
| Dec 31, 2021 | 1.19 |
API Access
M Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MHO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MHO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MHO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();