M/I Homes vs NVR
NVR reported revenue of $10.3 billion in fiscal 2025, 2.3 times M/I Homes' $4.4 billion in fiscal 2025. M/I Homes' revenue fell 1.9% in its latest year, and NVR's fell 1.9%. Free cash flow was $128 million at M/I Homes and $1.1 billion at NVR.
Side by side
| M/I Homes | NVR | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $4.4B | $10.3B |
| Revenue growth | −1.9% | −1.9% |
| Revenue growth a year, last 5 years | 7.7% | 6.5% |
| Gross margin | 23.0% | — |
| Operating margin | 11.5% | — |
| Net margin | 9.1% | 13.0% |
| Free cash flow | $128M | $1.1B |
| Free cash flow margin | 2.9% | 10.6% |
| Return on capital | — | — |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $202M | $1.8B |
| Change in diluted share count | −4.4% | −7.5% |
| Last close | $124.53 | $5,727.77 |
| P/E at the last close | 11.8× | 14.9× |
| Insider trades, last 12 months | sold $22.8 million | bought $577,832, sold $9.0 million |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
M/I HomesNVR
Operating margin
Percent of revenue
M/I HomesNVR
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
M/I HomesNVR