M (MHO) Gross Margin (2010 - 2026)

M (MHO) reported Gross Margin of 22.0% for Q1 2026, down 7259.0% year-over-year from 0.31% in Q1 2025, and up 112.18% quarter-over-quarter from 180.67% in Q4 2025.

M (MHO) Gross Margin (2010 - 2026) Analysis & Trends

M (MHO) has 17 years of Gross Margin data on file, last reported at 22.0% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 22.0%, down 7259.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.82% (down 7003.0% YoY), and the FY2025 annual result was 23.03%, down 359.0% from the prior year.
  • Gross Margin improved to 22.0% in Q1 2026 per MHO's latest filing, from 180.67% in the prior quarter.
  • Over five years, Gross Margin peaked at 313.6% in Q4 2023 and troughed at 180.67% in Q4 2025.
  • A 5-year average of 54.58% and a median of 27.07% in 2024 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin surged 29104 bps in 2023, then tumbled 28897 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 22.56% in 2022, then jumped by 1290 bps to 313.6% in 2023, then slumped by 92 bps to 24.63% in 2024, then plunged by 834 bps to 180.67% in 2025, then soared by 112 bps to 22.0% in 2026.
  • Business Quant data shows MHO's Gross Margin at 22.0% in Q1 2026, 180.67% in Q4 2025, and 94.34% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Horton D R 43.54 Bn 42.20 Bn 1.70 Bn 22.54%
2 Pultegroup 23.57 Bn 21.76 Bn 881.27 Mn 25.85%
3 Lennar 22.65 Bn 20.45 Bn 6.36 Bn 96.10%
4 Nvr 17.80 Bn 16.15 Bn 1.31 Bn 69.49%
5 Toll Brothers 13.73 Bn 12.64 Bn 604.89 Mn 23.90%
6 Taylor Morrison Home 6.88 Bn 6.88 Bn 290.64 Mn 20.95%
7 Installed Building Products 5.53 Bn 5.05 Bn 212.30 Mn 32.14%
8 Meritage Homes 4.85 Bn 4.09 Bn -269,000.00 -0.07%
9 Cavco Industries 4.56 Bn 4.52 Bn 135.92 Mn 23.39%
10 M 3.65 Bn 2.88 Bn 202.59 Mn 22.00%

Historic Data

Download Data
DateValue
Mar 31, 2026 22.00%
Dec 31, 2025 -180.67%
Sep 30, 2025 94.34%
Jun 30, 2025 24.65%
Mar 31, 2025 94.59%
Dec 31, 2024 24.63%
Sep 30, 2024 27.07%
Jun 30, 2024 94.73%
Mar 31, 2024 27.07%
Dec 31, 2023 313.60%
Sep 30, 2023 26.92%
Jun 30, 2023 25.46%
Mar 31, 2023 95.09%
Dec 31, 2022 22.56%
Sep 30, 2022 95.42%
Jun 30, 2022 95.56%
Mar 31, 2022 24.76%
Dec 31, 2021 -156.11%
Sep 30, 2021 24.52%
Jun 30, 2021 94.74%