M MHO
NYSE MHO
$138.29 -3.88 (-2.73%)
As of: Sep 10, 2026 · 1:21 PM EDT

M (MHO) Gross Margin (2010 - 2026)

M's (MHO) quarterly Gross Margin came in at 22.15% in Q2 2026, down 250.0% year-over-year from 14.77% in Q2 2025, and up 0.66% quarter-over-quarter from 22.0% in Q1 2026.

Analysis

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

M (MHO) has reported Gross Margin for 17 consecutive years, with 22.15% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 250.0% year-over-year to 22.15% in Q2 2026; TTM through Jun 2026 was 21.48%, a 405.0% decrease from a year earlier, with the FY2025 full-year figure at 23.03%, down 359.0% from the prior year.
  • Gross Margin was 22.15% for Q2 2026 at M, up from 22.0% in the prior quarter.
  • Over five years, Gross Margin peaked at 27.87% in Q2 2024 and troughed at 17.44% in Q4 2025.
  • A 5-year average of 24.76% and a median of 24.94% in 2022 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin jumped 362 bps in 2024 and plunged 718 bps in 2025, its largest moves.
  • Over 5 years, Gross Margin stood at 22.56% in 2022, then advanced by 11 bps to 25.13% in 2023, then dropped by 2 bps to 24.63% in 2024, then slipped by 29 bps to 17.44% in 2025, then gained by 27 bps to 22.15% in 2026.
  • The last three Gross Margin figures came in at 22.15% (Q2 2026), 22.0% (Q1 2026), and 17.44% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Horton D R 38.14 Bn 36.00 Bn 2.15 Bn 23.26%
2 Pultegroup 21.98 Bn 20.60 Bn 1.06 Bn 26.57%
3 Lennar 18.64 Bn 16.45 Bn 7.69 Bn 96.82%
4 Nvr 16.49 Bn 15.39 Bn 485.14 Mn 20.85%
5 Toll Brothers 12.37 Bn 11.31 Bn 625.22 Mn 23.52%
6 Taylor Morrison Home 6.77 Bn 6.12 Bn 290.64 Mn 20.95%
7 Meritage Homes 4.05 Bn 3.25 Bn 254.14 Mn 18.14%
8 M 3.55 Bn 2.81 Bn 235.50 Mn 22.15%
9 Kb Home 2.95 Bn 2.89 Bn 174.03 Mn 15.64%
10 Green Brick Partners 2.91 Bn 2.78 Bn 157.52 Mn 31.90%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.15%
Mar 31, 2026 22.00%
Dec 31, 2025 17.44%
Sep 30, 2025 24.53%
Jun 30, 2025 24.65%
Mar 31, 2025 25.90%
Dec 31, 2024 24.63%
Sep 30, 2024 27.07%
Jun 30, 2024 27.87%
Mar 31, 2024 27.07%
Dec 31, 2023 25.13%
Sep 30, 2023 26.92%
Jun 30, 2023 25.46%
Mar 31, 2023 23.45%
Dec 31, 2022 22.56%
Sep 30, 2022 26.84%
Jun 30, 2022 27.32%
Mar 31, 2022 24.76%
Dec 31, 2021 23.16%
Sep 30, 2021 24.52%