M (MHO) Operating Income (2010 - 2026)
M (MHO) reported Operating Income of -$723.2 million for Q2 2026, compared with -$715.88 million a year earlier.
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Analysis
M (MHO) Operating Income (2010 - 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 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | 1.16 Bn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | 675.23 Mn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | -6.73 Bn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | 334.42 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | 359.15 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 231.67 Mn |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn | 461.22 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | -723.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -723.20 Mn |
| Mar 31, 2026 | -628.95 Mn |
| Dec 31, 2025 | -866.62 Mn |
| Sep 30, 2025 | -714.30 Mn |
| Jun 30, 2025 | -715.88 Mn |
| Mar 31, 2025 | -577.19 Mn |
| Dec 31, 2024 | -737.90 Mn |
| Sep 30, 2024 | -644.80 Mn |
| Jun 30, 2024 | -606.36 Mn |
| Mar 31, 2024 | -583.12 Mn |
| Dec 31, 2023 | -590.23 Mn |
| Sep 30, 2023 | -586.67 Mn |
| Jun 30, 2023 | -600.47 Mn |
| Mar 31, 2023 | -629.92 Mn |
| Dec 31, 2022 | -778.28 Mn |
| Sep 30, 2022 | -574.42 Mn |
| Jun 30, 2022 | -574.19 Mn |
| Mar 31, 2022 | -525.45 Mn |
| Dec 31, 2021 | -666.79 Mn |
| Sep 30, 2021 | -566.39 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_KEYimport 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();