M (MHO) Return on Invested Capital [ROIC] (2011 - 2026)
M (MHO) posted Return on Invested Capital [ROIC] of -91.38% for Q2 2026, down 3.48 percentage points from -87.90% a year earlier but up 0.65 percentage points from the prior quarter.
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Analysis
M (MHO) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, M's Return on Invested Capital [ROIC] came in at -94.14%, up 0.14 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has increased for eight consecutive years, with a five-year change of +81.77 percentage points (FY2020 to FY2025).
- In prior years, M's Return on Invested Capital [ROIC] was -94.28% in FY2024 (+10.67 pp), -104.95% in FY2023 (+27.63 pp), -132.58% in FY2022 (+28.43 pp) and -161.01% in FY2021 (+14.90 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -148.87% in Q3 2021 to a high of -86.32% in Q1 2025 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined in each of the last four quarters, with an average year-over-year change of +3.04 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q1 2024, with a gain of 28.64 percentage points; the weakest was Q1 2026, with a drop of 5.71 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -92.03% (Q1 2026), -91.01% (Q4 2025) and -88.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 37.89 Bn | 28.78 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 21.69 Bn | 14.98 Bn | 1.06 Bn | - |
| 3 | Lennar | 16.59 Bn | 6.36 Bn | 618.54 Mn | - |
| 4 | Nvr | 15.98 Bn | 9.26 Bn | 485.14 Mn | 26.53% |
| 5 | Toll Brothers | 12.59 Bn | 7.97 Bn | 625.22 Mn | 10.68% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 14.03% |
| 7 | Champion Homes | 4.87 Bn | 2.35 Bn | - | - |
| 8 | Cavco Industries | 4.53 Bn | 3.28 Bn | - | - |
| 9 | Meritage Homes | 4.16 Bn | 1.08 Bn | 513.60 Mn | 19.24% |
| 10 | M | 3.41 Bn | 480.42 Mn | 235.50 Mn | -91.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -91.38% |
| Mar 31, 2026 | -92.03% |
| Dec 31, 2025 | -91.01% |
| Sep 30, 2025 | -88.11% |
| Jun 30, 2025 | -87.90% |
| Mar 31, 2025 | -86.32% |
| Dec 31, 2024 | -88.93% |
| Sep 30, 2024 | -86.80% |
| Jun 30, 2024 | -87.97% |
| Mar 31, 2024 | -91.57% |
| Dec 31, 2023 | -97.41% |
| Sep 30, 2023 | -109.88% |
| Jun 30, 2023 | -115.27% |
| Mar 31, 2023 | -120.21% |
| Dec 31, 2022 | -122.34% |
| Sep 30, 2022 | -124.60% |
| Jun 30, 2022 | -132.36% |
| Mar 31, 2022 | -140.18% |
| Dec 31, 2021 | -146.46% |
| Sep 30, 2021 | -148.87% |
API Access
M Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MHO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=MHO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();