M (MHO) Asset Utilization Ratio (2011 - 2026)
M's Asset Utilization Ratio was 0.88 in Q2 2026, down 8.1% from 0.96 a year earlier and down 3.1% 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 Q2 2026 figure marks the lowest quarterly Asset Utilization Ratio since Q4 2011.
- Compared with a year earlier, Asset Utilization Ratio has declined for 19 straight quarters, with an average decline of 4.9% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q3 2021 (growth of 0.4%); the worst was Q1 2024 (a decline of 13.3%).
- Per Business Quant data, MHO's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.91 (Q1 2026), 0.93 (Q4 2025) and 0.94 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | 0.93 |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | 0.90 |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | 0.98 |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | 1.72 |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | 0.74 |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 0.78 |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn | 1.42 |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | 0.88 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 1.22 |
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();