M (MHO) FCF Margin (2010 - 2026)
M (MHO) reported FCF Margin of -1.58% for Q3 2026, down 5.29 percentage points from 3.71% a year earlier and down 4.53 percentage points from the prior quarter.
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Analysis
M (MHO) FCF Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, M's FCF Margin came in at 3.26%, down 2.17 percentage points year-over-year; for FY2025, it came in at 2.89%, down 0.91 percentage points from FY2024.
- FCF Margin has a five-year change of -2.25 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 3.80% in FY2024 (-9.74 pp), 13.55% in FY2023 (+9.32 pp), 4.23% in FY2022 (+5.35 pp) and -1.12% in FY2021 (-6.27 pp).
- The Q3 2026 figure ranks as the lowest quarterly FCF Margin since Q3 2024.
- Year over year, FCF Margin gained in four of the last eight quarters, with an average year-over-year change of +0.30 percentage points.
- The high point for year-over-year FCF Margin in five years was Q1 2023 (a gain of 17.02 percentage points); the low point was Q2 2024 (a drop of 14.40 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 2.96% (Q2 2026), 14.73% (Q1 2026) and -1.13% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 42.23 Bn | 32.53 Bn | 2.15 Bn | 4.31% |
| 2 | Pultegroup | 24.45 Bn | 17.81 Bn | 1.07 Bn | 11.00% |
| 3 | Lennar | 20.89 Bn | 11.26 Bn | 618.54 Mn | -1.20% |
| 4 | Nvr | 16.29 Bn | 10.42 Bn | 482.36 Mn | 8.54% |
| 5 | Toll Brothers | 14.27 Bn | 9.64 Bn | 625.22 Mn | 8.26% |
| 6 | Cavco Industries | 5.07 Bn | 4.03 Bn | 147.61 Mn | 10.16% |
| 7 | Champion Homes | 5.06 Bn | 2.27 Bn | 185.60 Mn | 4.24% |
| 8 | Meritage Homes | 4.37 Bn | 1.35 Bn | 410.22 Mn | -1.51% |
| 9 | M | 3.35 Bn | 533.96 Mn | - | -1.58% |
| 10 | Kb Home | 3.06 Bn | 2.26 Bn | -857.09 Mn | -11.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -1.58% |
| Jun 30, 2026 | 2.96% |
| Mar 31, 2026 | 14.73% |
| Dec 31, 2025 | -1.13% |
| Sep 30, 2025 | 3.71% |
| Jun 30, 2025 | 3.02% |
| Mar 31, 2025 | 6.51% |
| Dec 31, 2024 | 8.49% |
| Sep 30, 2024 | -6.00% |
| Jun 30, 2024 | 1.98% |
| Mar 31, 2024 | 11.03% |
| Dec 31, 2023 | 5.53% |
| Sep 30, 2023 | 7.36% |
| Jun 30, 2023 | 16.39% |
| Mar 31, 2023 | 24.93% |
| Dec 31, 2022 | 15.84% |
| Sep 30, 2022 | -9.27% |
| Jun 30, 2022 | 0.74% |
| Mar 31, 2022 | 7.91% |
| Dec 31, 2021 | -0.50% |
API Access
M FCF Margin 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=fcf-margin&ticker=MHO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=MHO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();