M (MHO) Net Margin (2010 - 2026)
M (MHO) posted quarterly Net Margin of 7.44% for Q2 2026, down 299.0% year-over-year from 3.74% in Q2 2025, and up 0.93% on a QoQ basis from 7.37% in Q1 2026.
M (MHO) Net Margin (2010 - 2026) Analysis & Trends
M has reported Net Margin for 17 years, with the latest figure at 7.44% in Q2 2026.
- Net Margin for Q2 2026 came in at 7.44%, down 299.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 7.45% (down 395.0% YoY), and the FY2025 annual result was 9.12%, down 339.0% from the prior year.
- Net Margin rose to 7.44% in Q2 2026, 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.
- The widest annual swing landed in 2022, when Net Margin soared 293 bps; it then tumbled 550 bps in 2025.
- A 5-year view of Net Margin shows it stood at 10.72% in 2022, then climbed by 1 bps to 10.82% in 2023, then advanced by 2 bps to 11.07% in 2024, then plunged by 50 bps to 5.58% in 2025, then soared by 33 bps to 7.44% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 7.44% in Q2 2026, 7.37% in Q1 2026, and 5.58% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | 9.96% |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 11.85% |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | 5.20% |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 10.16% |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | 10.29% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 7.24% |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 8.34% |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 6.47% |
| 10 | M | 3.85 Bn | 3.12 Bn | 235.50 Mn | 7.44% |
Historic Data
Download 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 | 11.64% |
| 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% |