M (MHO) Net Margin (2010 - 2026)
M's (MHO) quarterly Net Margin came in at 7.44% in Q2 2026, down 299.0% year-over-year from 3.74% in Q2 2025, and up 0.93% quarter-over-quarter from 7.37% in Q1 2026.
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Analysis
M (MHO) Net Margin (2010 - 2026) Analysis & Trends
M (MHO) has reported Net Margin for 17 consecutive years, with 7.44% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 299.0% year-over-year to 7.44% in Q2 2026; TTM through Jun 2026 was 7.45%, a 395.0% decrease from a year earlier, with the FY2025 full-year figure at 9.12%, down 339.0% from the prior year.
- Net Margin was 7.44% for Q2 2026 at M, up from 7.37% in the prior quarter.
- Over five years, Net Margin peaked at 13.29% in Q3 2023 and troughed at 5.58% in Q4 2025.
- A 5-year average of 10.86% and a median of 10.95% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin jumped 293 bps in 2022 and plunged 550 bps in 2025, its largest moves.
- Over 5 years, Net Margin stood at 10.72% in 2022, then gained by 1 bps to 10.82% in 2023, then rose by 2 bps to 11.07% in 2024, then slumped by 50 bps to 5.58% in 2025, then jumped by 33 bps to 7.44% in 2026.
- The last three Net Margin figures came in at 7.44% (Q2 2026), 7.37% (Q1 2026), and 5.58% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.06 Bn | 38.52 Bn | 2.15 Bn | 9.96% |
| 2 | Pultegroup | 23.32 Bn | 21.94 Bn | 1.06 Bn | 11.85% |
| 3 | Lennar | 17.60 Bn | 15.42 Bn | 7.69 Bn | 5.20% |
| 4 | Nvr | 16.78 Bn | 15.69 Bn | 485.14 Mn | 10.16% |
| 5 | Toll Brothers | 13.05 Bn | 12.01 Bn | 625.22 Mn | 10.54% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 7.24% |
| 7 | Meritage Homes | 4.38 Bn | 3.58 Bn | 254.14 Mn | 6.47% |
| 8 | M | 3.74 Bn | 3.01 Bn | 235.50 Mn | 7.44% |
| 9 | Kb Home | 3.20 Bn | 3.14 Bn | 174.03 Mn | 2.46% |
| 10 | Green Brick Partners | 3.06 Bn | 2.98 Bn | 157.52 Mn | 15.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.44% |
| Mar 31, 2026 | 7.37% |
| Dec 31, 2025 | 5.58% |
| Sep 30, 2025 | 9.41% |
| Jun 30, 2025 | 10.42% |
| Mar 31, 2025 | 11.39% |
| Dec 31, 2024 | 11.07% |
| Sep 30, 2024 | 12.73% |
| Jun 30, 2024 | 13.22% |
| Mar 31, 2024 | 13.19% |
| Dec 31, 2023 | 10.82% |
| Sep 30, 2023 | 13.29% |
| Jun 30, 2023 | 11.63% |
| Mar 31, 2023 | 10.30% |
| Dec 31, 2022 | 10.72% |
| Sep 30, 2022 | 12.99% |
| Jun 30, 2022 | 13.15% |
| Mar 31, 2022 | 10.67% |
| Dec 31, 2021 | 10.78% |
| Sep 30, 2021 | 10.06% |