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Side-by-side financial comparison of Everus Construction Group, Inc. (ECG) 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 $1.0B, roughly 1.1× Everus Construction Group, Inc.). M/I HOMES, INC. runs the higher net margin — 5.6% vs 5.5%, a 0.1% gap on every dollar of revenue. On growth, Everus Construction Group, Inc. posted the faster year-over-year revenue change (33.2% vs -4.8%). Everus Construction Group, Inc. produced more free cash flow last quarter ($23.5M vs $-13.0M). Over the past eight quarters, Everus Construction Group, Inc.'s revenue compounded faster (27.1% CAGR vs 4.7%).
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.
ECG vs MHO — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $1.1B |
| Net Profit | $55.3M | $64.0M |
| Gross Margin | 11.6% | 17.4% |
| Operating Margin | 6.8% | 6.5% |
| Net Margin | 5.5% | 5.6% |
| Revenue YoY | 33.2% | -4.8% |
| Net Profit YoY | 60.4% | -52.1% |
| EPS (diluted) | $1.09 | $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 | $1.0B | $1.1B | ||
| Q3 25 | $986.8M | $1.1B | ||
| Q2 25 | $921.5M | $1.2B | ||
| Q1 25 | $826.6M | $976.1M | ||
| Q4 24 | $759.6M | $1.2B | ||
| Q3 24 | $761.0M | $1.1B | ||
| Q2 24 | $703.4M | $1.1B | ||
| Q1 24 | $625.7M | $1.0B |
| Q4 25 | $55.3M | $64.0M | ||
| Q3 25 | $57.0M | $106.5M | ||
| Q2 25 | $52.8M | $121.2M | ||
| Q1 25 | $36.7M | $111.2M | ||
| Q4 24 | $34.5M | $133.5M | ||
| Q3 24 | $41.8M | $145.4M | ||
| Q2 24 | $39.0M | $146.7M | ||
| Q1 24 | $28.2M | $138.1M |
| Q4 25 | 11.6% | 17.4% | ||
| Q3 25 | 12.6% | 24.5% | ||
| Q2 25 | 13.0% | 24.7% | ||
| Q1 25 | 11.2% | 25.9% | ||
| Q4 24 | 11.4% | 24.6% | ||
| Q3 24 | 11.8% | 27.1% | ||
| Q2 24 | 12.6% | 27.9% | ||
| Q1 24 | 11.9% | 27.1% |
| Q4 25 | 6.8% | 6.5% | ||
| Q3 25 | 7.3% | 12.0% | ||
| Q2 25 | 7.9% | 13.4% | ||
| Q1 25 | 6.2% | 14.4% | ||
| Q4 24 | 6.1% | 13.6% | ||
| Q3 24 | 7.1% | 15.9% | ||
| Q2 24 | 7.3% | 16.8% | ||
| Q1 24 | 6.2% | 16.6% |
| Q4 25 | 5.5% | 5.6% | ||
| Q3 25 | 5.8% | 9.4% | ||
| Q2 25 | 5.7% | 10.4% | ||
| Q1 25 | 4.4% | 11.4% | ||
| Q4 24 | 4.5% | 11.1% | ||
| Q3 24 | 5.5% | 12.7% | ||
| Q2 24 | 5.5% | 13.2% | ||
| Q1 24 | 4.5% | 13.2% |
| Q4 25 | $1.09 | $2.42 | ||
| Q3 25 | $1.11 | $3.92 | ||
| Q2 25 | $1.03 | $4.42 | ||
| Q1 25 | $0.72 | $3.98 | ||
| Q4 24 | $0.68 | $4.71 | ||
| Q3 24 | $0.82 | $5.10 | ||
| Q2 24 | $0.76 | $5.12 | ||
| Q1 24 | $0.55 | $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 | — | — |
| Total DebtLower is stronger | $281.5M | — |
| Stockholders' EquityBook value | $629.8M | $3.2B |
| Total Assets | $1.7B | $4.8B |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $553.0K | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $281.5M | — | ||
| Q3 25 | $285.1M | — | ||
| Q2 25 | $288.6M | — | ||
| Q1 25 | $292.1M | — | ||
| Q4 24 | $295.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $629.8M | $3.2B | ||
| Q3 25 | $573.0M | $3.1B | ||
| Q2 25 | $514.4M | $3.1B | ||
| Q1 25 | $460.2M | $3.0B | ||
| Q4 24 | $422.6M | $2.9B | ||
| Q3 24 | $453.3M | $2.8B | ||
| Q2 24 | $490.0M | $2.7B | ||
| Q1 24 | $464.3M | $2.6B |
| Q4 25 | $1.7B | $4.8B | ||
| Q3 25 | $1.6B | $4.8B | ||
| Q2 25 | $1.5B | $4.7B | ||
| Q1 25 | $1.4B | $4.6B | ||
| Q4 24 | $1.3B | $4.5B | ||
| Q3 24 | $1.3B | $4.5B | ||
| Q2 24 | — | $4.3B | ||
| Q1 24 | — | $4.2B |
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.50× | — | ||
| Q2 25 | 0.56× | — | ||
| Q1 25 | 0.63× | — | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $48.2M | $-8.7M |
| Free Cash FlowOCF − Capex | $23.5M | $-13.0M |
| FCF MarginFCF / Revenue | 2.3% | -1.1% |
| Capex IntensityCapex / Revenue | 2.4% | 0.4% |
| Cash ConversionOCF / Net Profit | 0.87× | -0.14× |
| TTM Free Cash FlowTrailing 4 quarters | $90.0M | $127.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $48.2M | $-8.7M | ||
| Q3 25 | $76.2M | $43.4M | ||
| Q2 25 | $25.3M | $37.8M | ||
| Q1 25 | $7.1M | $64.9M | ||
| Q4 24 | — | $104.4M | ||
| Q3 24 | $78.9M | $-67.9M | ||
| Q2 24 | — | $27.5M | ||
| Q1 24 | $21.9M | $115.8M |
| Q4 25 | $23.5M | $-13.0M | ||
| Q3 25 | $65.7M | $42.0M | ||
| Q2 25 | $12.3M | $35.1M | ||
| Q1 25 | $-11.4M | $63.5M | ||
| Q4 24 | — | $102.3M | ||
| Q3 24 | $60.9M | $-68.5M | ||
| Q2 24 | — | $22.0M | ||
| Q1 24 | $12.6M | $115.5M |
| Q4 25 | 2.3% | -1.1% | ||
| Q3 25 | 6.7% | 3.7% | ||
| Q2 25 | 1.3% | 3.0% | ||
| Q1 25 | -1.4% | 6.5% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | 8.0% | -6.0% | ||
| Q2 24 | — | 2.0% | ||
| Q1 24 | 2.0% | 11.0% |
| Q4 25 | 2.4% | 0.4% | ||
| Q3 25 | 1.1% | 0.1% | ||
| Q2 25 | 1.4% | 0.2% | ||
| Q1 25 | 2.2% | 0.1% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | 2.4% | 0.1% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | 1.5% | 0.0% |
| Q4 25 | 0.87× | -0.14× | ||
| Q3 25 | 1.34× | 0.41× | ||
| Q2 25 | 0.48× | 0.31× | ||
| Q1 25 | 0.19× | 0.58× | ||
| Q4 24 | — | 0.78× | ||
| Q3 24 | 1.89× | -0.47× | ||
| Q2 24 | — | 0.19× | ||
| Q1 24 | 0.77× | 0.84× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ECG
| Commercial | $594.5M | 59% |
| Utility | $203.5M | 20% |
| Industrial | $82.8M | 8% |
| Institutional | $66.1M | 7% |
| Service And Other | $28.4M | 3% |
| Transportation | $24.2M | 2% |
| Renewables | $19.8M | 2% |
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
