M (MHO) Return on Invested Capital [ROIC] (2011 - 2026)
M (MHO) posted Return on Invested Capital [ROIC] of -84.62% for Q2 2026, down 3.44 percentage points from -81.18% a year earlier but up 0.24 percentage points from the prior quarter.
Powered by 
Analysis
M (MHO) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, M's Return on Invested Capital [ROIC] came in at -86.19%, up 0.87 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has increased for seven consecutive years, with a five-year change of +65.72 percentage points (FY2020 to FY2025).
- In prior years, M's Return on Invested Capital [ROIC] was -87.06% in FY2024 (+9.24 pp), -96.31% in FY2023 (+20.16 pp), -116.46% in FY2022 (+21.14 pp) and -137.61% in FY2021 (+14.31 pp).
- Quarterly Return on Invested Capital [ROIC] has run from a low of -132.30% in Q3 2021 to a high of -79.45% 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 +2.93 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 Q3 2021, with a gain of 25.00 percentage points; the weakest was Q1 2026, with a drop of 5.41 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was -84.86% (Q1 2026), -84.23% (Q4 2025) and -81.47% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 42.94 Bn | 33.24 Bn | 2.15 Bn | 9.24% |
| 2 | Pultegroup | 24.69 Bn | 18.05 Bn | 1.07 Bn | 14.13% |
| 3 | Lennar | 21.09 Bn | 11.47 Bn | 618.54 Mn | -32.23% |
| 4 | Nvr | 16.76 Bn | 10.89 Bn | 482.36 Mn | 24.80% |
| 5 | Toll Brothers | 14.33 Bn | 9.70 Bn | 625.22 Mn | 9.71% |
| 6 | Champion Homes | 4.94 Bn | 2.15 Bn | 185.60 Mn | 10.99% |
| 7 | Cavco Industries | 4.90 Bn | 3.85 Bn | 147.61 Mn | - |
| 8 | Meritage Homes | 4.48 Bn | 1.45 Bn | 410.22 Mn | 17.95% |
| 9 | M | 3.35 Bn | 534.85 Mn | - | - |
| 10 | Kb Home | 3.09 Bn | 2.29 Bn | -857.09 Mn | 2.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -84.62% |
| Mar 31, 2026 | -84.86% |
| Dec 31, 2025 | -84.23% |
| Sep 30, 2025 | -81.47% |
| Jun 30, 2025 | -81.18% |
| Mar 31, 2025 | -79.45% |
| Dec 31, 2024 | -81.57% |
| Sep 30, 2024 | -80.22% |
| Jun 30, 2024 | -81.22% |
| Mar 31, 2024 | -85.13% |
| Dec 31, 2023 | -90.69% |
| Sep 30, 2023 | -101.56% |
| Jun 30, 2023 | -105.61% |
| Mar 31, 2023 | -108.26% |
| Dec 31, 2022 | -110.36% |
| Sep 30, 2022 | -113.04% |
| Jun 30, 2022 | -118.93% |
| Mar 31, 2022 | -122.86% |
| Dec 31, 2021 | -127.34% |
| Sep 30, 2021 | -132.30% |
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();