M (MHO) FCF Margin (2010 - 2026)
M (MHO) reported FCF Margin of 2.96% for Q2 2026, down 0.07 percentage points from 3.02% a year earlier and down 11.77 percentage points from the prior quarter.
M (MHO) FCF Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, M's FCF Margin came in at 4.60%, up 1.65 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).
- Five-year quarterly FCF Margin spans a low of -23.18% in Q3 2021 and a high of 24.93% in Q1 2023.
- Year over year, FCF Margin gained in four of the last eight quarters, with an average year-over-year change of -0.71 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 Q3 2021 (a drop of 35.91 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 14.73% (Q1 2026), -1.13% (Q4 2025) and 3.71% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 4.31% |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | -0.32% |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | -3.82% |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | -6.78% |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 8.26% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | -1.47% |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | - |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | - |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | 6.55% |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | 2.96% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | -23.18% |
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_KEY
import 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();