M (MHO) Net Income (2009 - 2026)
M's Net Income came in at $66.55 million for Q3 2026, down 37.5% from $106.49 million a year earlier and down 15.8% from the prior quarter.
M (MHO) Net Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, M reported Net Income of $277.42 million, down 41.3% year-over-year; for FY2025, it was $402.94 million, down 28.5% from FY2024.
- Net Income carries a five-year compound annual growth rate of 10.9% (FY2020 to FY2025).
- Going back by year, Net Income was $563.73 million in FY2024 (+21.1%), $465.37 million in FY2023 (-5.2%), $490.66 million in FY2022 (+23.6%) and $396.87 million in FY2021 (+65.4%).
- The five-year range for quarterly Net Income is $63.97 million (Q4 2025) to $146.75 million (Q2 2024).
- Year-over-year, Net Income has declined for seven consecutive quarters, with an average decline of 25.0% over the last eight quarters.
- The fastest year-over-year change in Net Income over five years came in Q3 2022 (growth of 44.6%), and the weakest in Q4 2025 (a decline of 52.1%).
- Business Quant data shows MHO's Net Income at $79.07 million (Q2 2026), $67.83 million (Q1 2026) and $63.97 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Pultegroup | 96.17 Bn | 89.53 Bn | 1.07 Bn | 475.73 Mn |
| 2 | Horton D R | 42.03 Bn | 42.63 Bn | - | 759.30 Mn |
| 3 | Lennar | 18.02 Bn | 8.18 Bn | 618.54 Mn | 285.49 Mn |
| 4 | Nvr | 15.97 Bn | 10.10 Bn | 482.36 Mn | 248.61 Mn |
| 5 | Toll Brothers | 14.02 Bn | 9.41 Bn | 625.22 Mn | 280.15 Mn |
| 6 | Cavco Industries | 5.03 Bn | 3.98 Bn | 147.61 Mn | 55.44 Mn |
| 7 | Champion Homes | 4.99 Bn | 2.21 Bn | 185.60 Mn | 55.10 Mn |
| 8 | Meritage Homes | 4.33 Bn | 1.30 Bn | 410.22 Mn | 67.78 Mn |
| 9 | M | 3.26 Bn | 442.92 Mn | 229.20 Mn | 66.55 Mn |
| 10 | Kb Home | 3.07 Bn | 2.27 Bn | -857.09 Mn | 65.28 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 66.55 Mn |
| Jun 30, 2026 | 79.07 Mn |
| Mar 31, 2026 | 67.83 Mn |
| Dec 31, 2025 | 63.97 Mn |
| Sep 30, 2025 | 106.49 Mn |
| Jun 30, 2025 | 121.24 Mn |
| Mar 31, 2025 | 111.24 Mn |
| Dec 31, 2024 | 133.47 Mn |
| Sep 30, 2024 | 145.45 Mn |
| Jun 30, 2024 | 146.75 Mn |
| Mar 31, 2024 | 138.06 Mn |
| Dec 31, 2023 | 105.28 Mn |
| Sep 30, 2023 | 139.02 Mn |
| Jun 30, 2023 | 118.00 Mn |
| Mar 31, 2023 | 103.07 Mn |
| Dec 31, 2022 | 130.40 Mn |
| Sep 30, 2022 | 131.59 Mn |
| Jun 30, 2022 | 136.84 Mn |
| Mar 31, 2022 | 91.84 Mn |
| Dec 31, 2021 | 113.38 Mn |
M Net Income 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=net-income&ticker=MHO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=MHO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();