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Side-by-side financial comparison of Atour Lifestyle Holdings Ltd (ATAT) 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 $789.6M, roughly 1.5× Atour Lifestyle Holdings Ltd). Atour Lifestyle Holdings Ltd runs the higher net margin — 17.6% vs 5.6%, a 12.0% gap on every dollar of revenue. On growth, Atour Lifestyle Holdings Ltd posted the faster year-over-year revenue change (252.5% vs -4.8%). Atour Lifestyle Holdings Ltd produced more free cash flow last quarter ($210.7M vs $-13.0M).
Atour Lifestyle Holdings Ltd is a leading China-based hospitality and lifestyle enterprise. It operates a wide portfolio of mid-to-premium hotel brands for business and leisure travelers, and offers complementary lifestyle retail products and experience services, catering primarily to middle-class consumers across domestic and selected overseas markets.
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.
ATAT vs MHO — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $789.6M | $1.1B |
| Net Profit | $139.1M | $64.0M |
| Gross Margin | — | 17.4% |
| Operating Margin | 22.5% | 6.5% |
| Net Margin | 17.6% | 5.6% |
| Revenue YoY | 252.5% | -4.8% |
| Net Profit YoY | 322.2% | -52.1% |
| EPS (diluted) | $0.33 | $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 | — | $1.1B | ||
| Q3 25 | $789.6M | $1.1B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $976.1M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | $224.0M | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | $203.4M | $1.0B |
| Q4 25 | — | $64.0M | ||
| Q3 25 | $139.1M | $106.5M | ||
| Q2 25 | — | $121.2M | ||
| Q1 25 | — | $111.2M | ||
| Q4 24 | — | $133.5M | ||
| Q3 24 | $33.0M | $145.4M | ||
| Q2 24 | — | $146.7M | ||
| Q1 24 | $35.6M | $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 | — | 6.5% | ||
| Q3 25 | 22.5% | 12.0% | ||
| Q2 25 | — | 13.4% | ||
| Q1 25 | — | 14.4% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | 14.7% | 15.9% | ||
| Q2 24 | — | 16.8% | ||
| Q1 24 | 22.1% | 16.6% |
| Q4 25 | — | 5.6% | ||
| Q3 25 | 17.6% | 9.4% | ||
| Q2 25 | — | 10.4% | ||
| Q1 25 | — | 11.4% | ||
| Q4 24 | — | 11.1% | ||
| Q3 24 | 14.7% | 12.7% | ||
| Q2 24 | — | 13.2% | ||
| Q1 24 | 17.5% | 13.2% |
| Q4 25 | — | $2.42 | ||
| Q3 25 | $0.33 | $3.92 | ||
| Q2 25 | — | $4.42 | ||
| Q1 25 | — | $3.98 | ||
| Q4 24 | — | $4.71 | ||
| Q3 24 | $0.08 | $5.10 | ||
| Q2 24 | — | $5.12 | ||
| Q1 24 | $0.09 | $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 | $669.2M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $405.0M | $3.2B |
| Total Assets | $1.1B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | $669.2M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $506.0M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $520.7M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $277.0K | — |
| Q4 25 | — | $3.2B | ||
| Q3 25 | $405.0M | $3.1B | ||
| Q2 25 | — | $3.1B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | $291.3M | $2.8B | ||
| Q2 24 | — | $2.7B | ||
| Q1 24 | $323.5M | $2.6B |
| Q4 25 | — | $4.8B | ||
| Q3 25 | $1.1B | $4.8B | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $4.6B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | $927.8M | $4.5B | ||
| Q2 24 | — | $4.3B | ||
| Q1 24 | $936.3M | $4.2B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.00× | — |
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 | $216.6M | $-8.7M |
| Free Cash FlowOCF − Capex | $210.7M | $-13.0M |
| FCF MarginFCF / Revenue | 26.7% | -1.1% |
| Capex IntensityCapex / Revenue | 0.8% | 0.4% |
| Cash ConversionOCF / Net Profit | 1.56× | -0.14× |
| TTM Free Cash FlowTrailing 4 quarters | $359.6M | $127.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-8.7M | ||
| Q3 25 | $216.6M | $43.4M | ||
| Q2 25 | — | $37.8M | ||
| Q1 25 | — | $64.9M | ||
| Q4 24 | — | $104.4M | ||
| Q3 24 | $84.8M | $-67.9M | ||
| Q2 24 | — | $27.5M | ||
| Q1 24 | $19.8M | $115.8M |
| Q4 25 | — | $-13.0M | ||
| Q3 25 | $210.7M | $42.0M | ||
| Q2 25 | — | $35.1M | ||
| Q1 25 | — | $63.5M | ||
| Q4 24 | — | $102.3M | ||
| Q3 24 | $83.3M | $-68.5M | ||
| Q2 24 | — | $22.0M | ||
| Q1 24 | $18.1M | $115.5M |
| Q4 25 | — | -1.1% | ||
| Q3 25 | 26.7% | 3.7% | ||
| Q2 25 | — | 3.0% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | 37.2% | -6.0% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | 8.9% | 11.0% |
| Q4 25 | — | 0.4% | ||
| Q3 25 | 0.8% | 0.1% | ||
| Q2 25 | — | 0.2% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | 0.7% | 0.1% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | 0.9% | 0.0% |
| Q4 25 | — | -0.14× | ||
| Q3 25 | 1.56× | 0.41× | ||
| Q2 25 | — | 0.31× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | — | 0.78× | ||
| Q3 24 | 2.57× | -0.47× | ||
| Q2 24 | — | 0.19× | ||
| Q1 24 | 0.56× | 0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATAT
Segment breakdown not available.
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
