vs
Side-by-side financial comparison of AMERICAN FINANCIAL GROUP INC (AFG) and M/I HOMES, INC. (MHO). Click either name above to swap in a different company.
AMERICAN FINANCIAL GROUP INC is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 1.8× M/I HOMES, INC.). AMERICAN FINANCIAL GROUP INC runs the higher net margin — 14.5% vs 5.6%, a 8.9% gap on every dollar of revenue. On growth, AMERICAN FINANCIAL GROUP INC posted the faster year-over-year revenue change (-4.0% vs -4.8%). Over the past eight quarters, M/I HOMES, INC.'s revenue compounded faster (4.7% CAGR vs 4.0%).
The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.
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.
AFG vs MHO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.1B | $1.1B |
| Net Profit | $299.0M | $64.0M |
| Gross Margin | — | 17.4% |
| Operating Margin | 18.4% | 6.5% |
| Net Margin | 14.5% | 5.6% |
| Revenue YoY | -4.0% | -4.8% |
| Net Profit YoY | 17.3% | -52.1% |
| EPS (diluted) | $3.59 | $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 | $2.1B | $1.1B | ||
| Q3 25 | $2.3B | $1.1B | ||
| Q2 25 | $1.9B | $1.2B | ||
| Q1 25 | $1.9B | $976.1M | ||
| Q4 24 | $2.1B | $1.2B | ||
| Q3 24 | $2.4B | $1.1B | ||
| Q2 24 | $1.9B | $1.1B | ||
| Q1 24 | $1.9B | $1.0B |
| Q4 25 | $299.0M | $64.0M | ||
| Q3 25 | $215.0M | $106.5M | ||
| Q2 25 | $174.0M | $121.2M | ||
| Q1 25 | $154.0M | $111.2M | ||
| Q4 24 | $255.0M | $133.5M | ||
| Q3 24 | $181.0M | $145.4M | ||
| Q2 24 | $209.0M | $146.7M | ||
| Q1 24 | $242.0M | $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 | 18.4% | 6.5% | ||
| Q3 25 | 11.5% | 12.0% | ||
| Q2 25 | 11.9% | 13.4% | ||
| Q1 25 | 10.6% | 14.4% | ||
| Q4 24 | 14.9% | 13.6% | ||
| Q3 24 | 9.7% | 15.9% | ||
| Q2 24 | 14.3% | 16.8% | ||
| Q1 24 | 15.9% | 16.6% |
| Q4 25 | 14.5% | 5.6% | ||
| Q3 25 | 9.2% | 9.4% | ||
| Q2 25 | 9.0% | 10.4% | ||
| Q1 25 | 8.3% | 11.4% | ||
| Q4 24 | 11.9% | 11.1% | ||
| Q3 24 | 7.6% | 12.7% | ||
| Q2 24 | 11.0% | 13.2% | ||
| Q1 24 | 12.7% | 13.2% |
| Q4 25 | $3.59 | $2.42 | ||
| Q3 25 | $2.58 | $3.92 | ||
| Q2 25 | $2.07 | $4.42 | ||
| Q1 25 | $1.84 | $3.98 | ||
| Q4 24 | $3.03 | $4.71 | ||
| Q3 24 | $2.16 | $5.10 | ||
| Q2 24 | $2.49 | $5.12 | ||
| Q1 24 | $2.89 | $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 | $1.7B | — |
| Total DebtLower is stronger | $1.8B | — |
| Stockholders' EquityBook value | $4.8B | $3.2B |
| Total Assets | $32.6B | $4.8B |
| Debt / EquityLower = less leverage | 0.38× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.3B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.1B | — |
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.5B | — |
| Q4 25 | $4.8B | $3.2B | ||
| Q3 25 | $4.7B | $3.1B | ||
| Q2 25 | $4.5B | $3.1B | ||
| Q1 25 | $4.4B | $3.0B | ||
| Q4 24 | $4.5B | $2.9B | ||
| Q3 24 | $4.7B | $2.8B | ||
| Q2 24 | $4.4B | $2.7B | ||
| Q1 24 | $4.2B | $2.6B |
| Q4 25 | $32.6B | $4.8B | ||
| Q3 25 | $33.8B | $4.8B | ||
| Q2 25 | $30.7B | $4.7B | ||
| Q1 25 | $30.3B | $4.6B | ||
| Q4 24 | $30.8B | $4.5B | ||
| Q3 24 | $32.6B | $4.5B | ||
| Q2 24 | $29.9B | $4.3B | ||
| Q1 24 | $30.0B | $4.2B |
| Q4 25 | 0.38× | — | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | 0.34× | — | ||
| Q4 24 | 0.33× | — | ||
| Q3 24 | 0.31× | — | ||
| Q2 24 | 0.34× | — | ||
| Q1 24 | 0.35× | — |
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 | $784.0M | $-8.7M |
| Free Cash FlowOCF − Capex | — | $-13.0M |
| FCF MarginFCF / Revenue | — | -1.1% |
| Capex IntensityCapex / Revenue | — | 0.4% |
| Cash ConversionOCF / Net Profit | 2.62× | -0.14× |
| TTM Free Cash FlowTrailing 4 quarters | — | $127.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $784.0M | $-8.7M | ||
| Q3 25 | $216.0M | $43.4M | ||
| Q2 25 | $191.0M | $37.8M | ||
| Q1 25 | $342.0M | $64.9M | ||
| Q4 24 | $674.0M | $104.4M | ||
| Q3 24 | $459.0M | $-67.9M | ||
| Q2 24 | $-88.0M | $27.5M | ||
| Q1 24 | $107.0M | $115.8M |
| Q4 25 | — | $-13.0M | ||
| Q3 25 | — | $42.0M | ||
| Q2 25 | — | $35.1M | ||
| Q1 25 | — | $63.5M | ||
| Q4 24 | — | $102.3M | ||
| Q3 24 | — | $-68.5M | ||
| Q2 24 | — | $22.0M | ||
| Q1 24 | — | $115.5M |
| Q4 25 | — | -1.1% | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | — | -6.0% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | — | 11.0% |
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | 2.62× | -0.14× | ||
| Q3 25 | 1.00× | 0.41× | ||
| Q2 25 | 1.10× | 0.31× | ||
| Q1 25 | 2.22× | 0.58× | ||
| Q4 24 | 2.64× | 0.78× | ||
| Q3 24 | 2.54× | -0.47× | ||
| Q2 24 | -0.42× | 0.19× | ||
| Q1 24 | 0.44× | 0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AFG
| Property And Casualty Insurance | $2.0B | 96% |
| Other | $83.0M | 4% |
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
