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Side-by-side financial comparison of Acadia Healthcare Company, Inc. (ACHC) and M/I HOMES, INC. (MHO). Click either name above to swap in a different company.
M/I HOMES, INC. is the larger business by last-quarter revenue ($1.1B vs $821.5M, roughly 1.4× Acadia Healthcare Company, Inc.). M/I HOMES, INC. runs the higher net margin — 5.6% vs -143.3%, a 148.9% gap on every dollar of revenue. On growth, Acadia Healthcare Company, Inc. posted the faster year-over-year revenue change (6.1% vs -4.8%). M/I HOMES, INC. produced more free cash flow last quarter ($-13.0M vs $-179.5M). Over the past eight quarters, M/I HOMES, INC.'s revenue compounded faster (4.7% CAGR vs 3.4%).
Acadia Healthcare Company, Inc. is an American provider of for-profit behavioral healthcare services. It operates a network of over 225 facilities across the United States and Puerto Rico.
M/I Homes, Inc. is a leading U.S. residential construction company that designs, builds and sells single-family homes, townhomes and duplexes across multiple U.S. states. It caters to entry-level, move-up and luxury homebuyers, offering energy-efficient designs, flexible floor plans and personalized customization options.
ACHC vs MHO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $821.5M | $1.1B |
| Net Profit | $-1.2B | $64.0M |
| Gross Margin | — | 17.4% |
| Operating Margin | -142.4% | 6.5% |
| Net Margin | -143.3% | 5.6% |
| Revenue YoY | 6.1% | -4.8% |
| Net Profit YoY | -3710.4% | -52.1% |
| EPS (diluted) | $-12.98 | $2.42 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $821.5M | $1.1B | ||
| Q3 25 | $851.6M | $1.1B | ||
| Q2 25 | $869.2M | $1.2B | ||
| Q1 25 | $770.5M | $976.1M | ||
| Q4 24 | $774.2M | $1.2B | ||
| Q3 24 | $815.6M | $1.1B | ||
| Q2 24 | $796.0M | $1.1B | ||
| Q1 24 | $768.1M | $1.0B |
| Q4 25 | $-1.2B | $64.0M | ||
| Q3 25 | $36.2M | $106.5M | ||
| Q2 25 | $30.1M | $121.2M | ||
| Q1 25 | $8.4M | $111.2M | ||
| Q4 24 | $32.6M | $133.5M | ||
| Q3 24 | $68.1M | $145.4M | ||
| Q2 24 | $78.5M | $146.7M | ||
| Q1 24 | $76.4M | $138.1M |
| Q4 25 | — | 17.4% | ||
| Q3 25 | — | 24.5% | ||
| Q2 25 | — | 24.7% | ||
| Q1 25 | — | 25.9% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 27.1% | ||
| Q2 24 | — | 27.9% | ||
| Q1 24 | — | 27.1% |
| Q4 25 | -142.4% | 6.5% | ||
| Q3 25 | 4.7% | 12.0% | ||
| Q2 25 | 5.8% | 13.4% | ||
| Q1 25 | 1.7% | 14.4% | ||
| Q4 24 | 4.9% | 13.6% | ||
| Q3 24 | 12.1% | 15.9% | ||
| Q2 24 | 13.4% | 16.8% | ||
| Q1 24 | 12.9% | 16.6% |
| Q4 25 | -143.3% | 5.6% | ||
| Q3 25 | 4.3% | 9.4% | ||
| Q2 25 | 3.5% | 10.4% | ||
| Q1 25 | 1.1% | 11.4% | ||
| Q4 24 | 4.2% | 11.1% | ||
| Q3 24 | 8.4% | 12.7% | ||
| Q2 24 | 9.9% | 13.2% | ||
| Q1 24 | 9.9% | 13.2% |
| Q4 25 | $-12.98 | $2.42 | ||
| Q3 25 | $0.40 | $3.92 | ||
| Q2 25 | $0.33 | $4.42 | ||
| Q1 25 | $0.09 | $3.98 | ||
| Q4 24 | $0.36 | $4.71 | ||
| Q3 24 | $0.74 | $5.10 | ||
| Q2 24 | $0.85 | $5.12 | ||
| Q1 24 | $0.83 | $4.78 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $133.2M | — |
| Total DebtLower is stronger | $2.5B | — |
| Stockholders' EquityBook value | $1.9B | $3.2B |
| Total Assets | $5.5B | $4.8B |
| Debt / EquityLower = less leverage | 1.28× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $133.2M | — | ||
| Q3 25 | $118.7M | — | ||
| Q2 25 | $131.4M | — | ||
| Q1 25 | $91.2M | — | ||
| Q4 24 | $76.3M | — | ||
| Q3 24 | $82.1M | — | ||
| Q2 24 | $77.2M | — | ||
| Q1 24 | $77.3M | — |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.8B | — | ||
| Q1 24 | $1.9B | — |
| Q4 25 | $1.9B | $3.2B | ||
| Q3 25 | $3.1B | $3.1B | ||
| Q2 25 | $3.1B | $3.1B | ||
| Q1 25 | $3.0B | $3.0B | ||
| Q4 24 | $3.1B | $2.9B | ||
| Q3 24 | $3.0B | $2.8B | ||
| Q2 24 | $3.0B | $2.7B | ||
| Q1 24 | $2.9B | $2.6B |
| Q4 25 | $5.5B | $4.8B | ||
| Q3 25 | $6.4B | $4.8B | ||
| Q2 25 | $6.3B | $4.7B | ||
| Q1 25 | $6.1B | $4.6B | ||
| Q4 24 | $6.0B | $4.5B | ||
| Q3 24 | $5.9B | $4.5B | ||
| Q2 24 | $5.7B | $4.3B | ||
| Q1 24 | $5.5B | $4.2B |
| Q4 25 | 1.28× | — | ||
| Q3 25 | 0.74× | — | ||
| Q2 25 | 0.74× | — | ||
| Q1 25 | 0.72× | — | ||
| Q4 24 | 0.64× | — | ||
| Q3 24 | 0.62× | — | ||
| Q2 24 | 0.62× | — | ||
| Q1 24 | 0.65× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-86.3M | $-8.7M |
| Free Cash FlowOCF − Capex | $-179.5M | $-13.0M |
| FCF MarginFCF / Revenue | -21.8% | -1.1% |
| Capex IntensityCapex / Revenue | 11.3% | 0.4% |
| Cash ConversionOCF / Net Profit | — | -0.14× |
| TTM Free Cash FlowTrailing 4 quarters | $-439.9M | $127.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-86.3M | $-8.7M | ||
| Q3 25 | $73.2M | $43.4M | ||
| Q2 25 | $133.5M | $37.8M | ||
| Q1 25 | $11.5M | $64.9M | ||
| Q4 24 | $116.7M | $104.4M | ||
| Q3 24 | $163.1M | $-67.9M | ||
| Q2 24 | $171.1M | $27.5M | ||
| Q1 24 | $-321.3M | $115.8M |
| Q4 25 | $-179.5M | $-13.0M | ||
| Q3 25 | $-63.0M | $42.0M | ||
| Q2 25 | $-34.2M | $35.1M | ||
| Q1 25 | $-163.2M | $63.5M | ||
| Q4 24 | $-86.8M | $102.3M | ||
| Q3 24 | $-27.1M | $-68.5M | ||
| Q2 24 | $16.9M | $22.0M | ||
| Q1 24 | $-463.7M | $115.5M |
| Q4 25 | -21.8% | -1.1% | ||
| Q3 25 | -7.4% | 3.7% | ||
| Q2 25 | -3.9% | 3.0% | ||
| Q1 25 | -21.2% | 6.5% | ||
| Q4 24 | -11.2% | 8.5% | ||
| Q3 24 | -3.3% | -6.0% | ||
| Q2 24 | 2.1% | 2.0% | ||
| Q1 24 | -60.4% | 11.0% |
| Q4 25 | 11.3% | 0.4% | ||
| Q3 25 | 16.0% | 0.1% | ||
| Q2 25 | 19.3% | 0.2% | ||
| Q1 25 | 22.7% | 0.1% | ||
| Q4 24 | 26.3% | 0.2% | ||
| Q3 24 | 23.3% | 0.1% | ||
| Q2 24 | 19.4% | 0.5% | ||
| Q1 24 | 18.5% | 0.0% |
| Q4 25 | — | -0.14× | ||
| Q3 25 | 2.02× | 0.41× | ||
| Q2 25 | 4.43× | 0.31× | ||
| Q1 25 | 1.37× | 0.58× | ||
| Q4 24 | 3.58× | 0.78× | ||
| Q3 24 | 2.39× | -0.47× | ||
| Q2 24 | 2.18× | 0.19× | ||
| Q1 24 | -4.21× | 0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACHC
| Acute Inpatient Psychiatric Facilities | $451.2M | 55% |
| Comprehensive Treatment Centers | $144.2M | 18% |
| Medicare | $113.7M | 14% |
| Residential Treatment Centers | $89.7M | 11% |
| Self Payor | $16.1M | 2% |
| Other Payor | $10.7M | 1% |
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
