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Side-by-side financial comparison of CIVITAS RESOURCES, INC. (CIVI) and M/I HOMES, INC. (MHO). Click either name above to swap in a different company.

CIVITAS RESOURCES, INC. is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.0× M/I HOMES, INC.). On growth, M/I HOMES, INC. posted the faster year-over-year revenue change (-4.8% vs -8.2%). Over the past eight quarters, M/I HOMES, INC.'s revenue compounded faster (4.7% CAGR vs 1.8%).

Civitas Resources, Inc. is a U.S.-based sustainable energy enterprise focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It primarily operates across the Denver-Julesburg Basin in Colorado, prioritizing low-emission, responsible energy production to meet diverse North American energy demand.

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.

CIVI vs MHO — Head-to-Head

Bigger by revenue
CIVI
CIVI
1.0× larger
CIVI
$1.2B
$1.1B
MHO
Growing faster (revenue YoY)
MHO
MHO
+3.4% gap
MHO
-4.8%
-8.2%
CIVI
Faster 2-yr revenue CAGR
MHO
MHO
Annualised
MHO
4.7%
1.8%
CIVI

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CIVI
CIVI
MHO
MHO
Revenue
$1.2B
$1.1B
Net Profit
$64.0M
Gross Margin
17.4%
Operating Margin
20.0%
6.5%
Net Margin
5.6%
Revenue YoY
-8.2%
-4.8%
Net Profit YoY
-52.1%
EPS (diluted)
$1.99
$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.

Revenue
CIVI
CIVI
MHO
MHO
Q4 25
$1.1B
Q3 25
$1.2B
$1.1B
Q2 25
$1.1B
$1.2B
Q1 25
$1.2B
$976.1M
Q4 24
$1.3B
$1.2B
Q3 24
$1.3B
$1.1B
Q2 24
$1.3B
$1.1B
Q1 24
$1.3B
$1.0B
Net Profit
CIVI
CIVI
MHO
MHO
Q4 25
$64.0M
Q3 25
$106.5M
Q2 25
$121.2M
Q1 25
$111.2M
Q4 24
$133.5M
Q3 24
$145.4M
Q2 24
$146.7M
Q1 24
$138.1M
Gross Margin
CIVI
CIVI
MHO
MHO
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%
Operating Margin
CIVI
CIVI
MHO
MHO
Q4 25
6.5%
Q3 25
20.0%
12.0%
Q2 25
15.3%
13.4%
Q1 25
20.7%
14.4%
Q4 24
15.4%
13.6%
Q3 24
30.6%
15.9%
Q2 24
21.6%
16.8%
Q1 24
15.9%
16.6%
Net Margin
CIVI
CIVI
MHO
MHO
Q4 25
5.6%
Q3 25
9.4%
Q2 25
10.4%
Q1 25
11.4%
Q4 24
11.1%
Q3 24
12.7%
Q2 24
13.2%
Q1 24
13.2%
EPS (diluted)
CIVI
CIVI
MHO
MHO
Q4 25
$2.42
Q3 25
$1.99
$3.92
Q2 25
$1.34
$4.42
Q1 25
$1.99
$3.98
Q4 24
$1.56
$4.71
Q3 24
$3.01
$5.10
Q2 24
$2.15
$5.12
Q1 24
$1.74
$4.78

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CIVI
CIVI
MHO
MHO
Cash + ST InvestmentsLiquidity on hand
$56.0M
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$6.7B
$3.2B
Total Assets
$15.1B
$4.8B
Debt / EquityLower = less leverage
0.77×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIVI
CIVI
MHO
MHO
Q4 25
Q3 25
$56.0M
Q2 25
$69.0M
Q1 25
$20.0M
Q4 24
$76.0M
Q3 24
$47.1M
Q2 24
$91.9M
Q1 24
$52.1M
Total Debt
CIVI
CIVI
MHO
MHO
Q4 25
Q3 25
$5.1B
Q2 25
$5.4B
Q1 25
$5.1B
Q4 24
$4.5B
Q3 24
$4.8B
Q2 24
$4.9B
Q1 24
$4.4B
Stockholders' Equity
CIVI
CIVI
MHO
MHO
Q4 25
$3.2B
Q3 25
$6.7B
$3.1B
Q2 25
$6.8B
$3.1B
Q1 25
$6.7B
$3.0B
Q4 24
$6.6B
$2.9B
Q3 24
$6.7B
$2.8B
Q2 24
$6.6B
$2.7B
Q1 24
$6.6B
$2.6B
Total Assets
CIVI
CIVI
MHO
MHO
Q4 25
$4.8B
Q3 25
$15.1B
$4.8B
Q2 25
$15.4B
$4.7B
Q1 25
$15.3B
$4.6B
Q4 24
$14.9B
$4.5B
Q3 24
$15.0B
$4.5B
Q2 24
$15.0B
$4.3B
Q1 24
$15.1B
$4.2B
Debt / Equity
CIVI
CIVI
MHO
MHO
Q4 25
Q3 25
0.77×
Q2 25
0.79×
Q1 25
0.76×
Q4 24
0.68×
Q3 24
0.73×
Q2 24
0.74×
Q1 24
0.67×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CIVI
CIVI
MHO
MHO
Operating Cash FlowLast quarter
$860.0M
$-8.7M
Free Cash FlowOCF − Capex
$-13.0M
FCF MarginFCF / Revenue
-1.1%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
-0.14×
TTM Free Cash FlowTrailing 4 quarters
$127.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIVI
CIVI
MHO
MHO
Q4 25
$-8.7M
Q3 25
$860.0M
$43.4M
Q2 25
$298.0M
$37.8M
Q1 25
$719.0M
$64.9M
Q4 24
$858.2M
$104.4M
Q3 24
$835.0M
$-67.9M
Q2 24
$359.0M
$27.5M
Q1 24
$813.0M
$115.8M
Free Cash Flow
CIVI
CIVI
MHO
MHO
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
FCF Margin
CIVI
CIVI
MHO
MHO
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%
Capex Intensity
CIVI
CIVI
MHO
MHO
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%
Cash Conversion
CIVI
CIVI
MHO
MHO
Q4 25
-0.14×
Q3 25
0.41×
Q2 25
0.31×
Q1 25
0.58×
Q4 24
0.78×
Q3 24
-0.47×
Q2 24
0.19×
Q1 24
0.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CIVI
CIVI

Crude Oil Natural Gas And Natural Gas Liquids$1.2B99%
Oil And Gas Operation And Maintenance$8.0M1%
Natural Gas Reserves$2.0M0%

MHO
MHO

Southern Homebuilding$615.6M54%
Northern Homebuilding$503.9M44%
Financial Service$27.8M2%
Land$4.7M0%

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