M (MHO) Operating Income (2009 - 2026)
M (MHO) reported Operating Income of -$723.2 million for Q2 2026, compared with -$715.88 million a year earlier.
Analysis
M (MHO) Operating Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, M's Operating Income came in at -$2.93 billion; for FY2025, it was -$2.87 billion.
- By year, Operating Income came in at -$2.57 billion in FY2024, -$2.41 billion in FY2023, -$2.45 billion in FY2022 and -$2.33 billion in FY2021.
- Five-year quarterly Operating Income spans a low of -$866.62 million in Q4 2025 and a high of -$525.45 million in Q1 2022.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$628.95 million (Q1 2026), -$866.62 million (Q4 2025) and -$714.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Pultegroup | 96.17 Bn | 89.53 Bn | 1.07 Bn | 669.75 Mn |
| 2 | Horton D R | 42.03 Bn | 42.63 Bn | - | - |
| 3 | Lennar | 18.02 Bn | 8.18 Bn | 618.54 Mn | -6.97 Bn |
| 4 | Nvr | 15.97 Bn | 10.10 Bn | 482.36 Mn | 347.35 Mn |
| 5 | Toll Brothers | 14.02 Bn | 9.41 Bn | 625.22 Mn | 359.15 Mn |
| 6 | Cavco Industries | 5.03 Bn | 3.98 Bn | 147.61 Mn | 69.90 Mn |
| 7 | Champion Homes | 4.99 Bn | 2.21 Bn | 185.60 Mn | 65.78 Mn |
| 8 | Meritage Homes | 4.33 Bn | 1.30 Bn | 410.22 Mn | 365.05 Mn |
| 9 | M | 3.26 Bn | 442.92 Mn | 229.20 Mn | 89.47 Mn |
| 10 | Kb Home | 3.07 Bn | 2.27 Bn | -857.09 Mn | 70.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 89.47 Mn |
| Jun 30, 2026 | 107.17 Mn |
| Mar 31, 2026 | 91.80 Mn |
| Dec 31, 2025 | 83.96 Mn |
| Sep 30, 2025 | 143.19 Mn |
| Jun 30, 2025 | 163.16 Mn |
| Mar 31, 2025 | 148.78 Mn |
| Dec 31, 2024 | 174.27 Mn |
| Sep 30, 2024 | 192.31 Mn |
| Jun 30, 2024 | 197.62 Mn |
| Mar 31, 2024 | 183.11 Mn |
| Dec 31, 2023 | 165.50 Mn |
| Sep 30, 2023 | 180.56 Mn |
| Jun 30, 2023 | 157.94 Mn |
| Mar 31, 2023 | 138.31 Mn |
| Dec 31, 2022 | 164.38 Mn |
| Sep 30, 2022 | 167.30 Mn |
| Jun 30, 2022 | 182.87 Mn |
| Mar 31, 2022 | 122.92 Mn |
| Dec 31, 2021 | 141.97 Mn |
API Access
M Operating 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=operating-income&ticker=MHO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-income&ticker=MHO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();