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Side-by-side financial comparison of FIVE BELOW, INC (FIVE) 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 $1.0B, roughly 1.1× FIVE BELOW, INC). M/I HOMES, INC. runs the higher net margin — 5.6% vs 3.5%, a 2.1% gap on every dollar of revenue. On growth, FIVE BELOW, INC posted the faster year-over-year revenue change (23.1% vs -4.8%). M/I HOMES, INC. produced more free cash flow last quarter ($-13.0M vs $-133.2M). Over the past eight quarters, M/I HOMES, INC.'s revenue compounded faster (4.7% CAGR vs -11.9%).

Five Below, Inc. is an American chain of specialty discount gift shops that prices most of its products at up to $5, plus a smaller assortment of products priced up to $40. Founded in 2002 by Tom Vellios and David Schlessinger and headquartered in Philadelphia, Pennsylvania, the chain is aimed at tweens and teens. By 2014, there were more than 1,850 stores located across the United States.

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.

FIVE vs MHO — Head-to-Head

Bigger by revenue
MHO
MHO
1.1× larger
MHO
$1.1B
$1.0B
FIVE
Growing faster (revenue YoY)
FIVE
FIVE
+27.9% gap
FIVE
23.1%
-4.8%
MHO
Higher net margin
MHO
MHO
2.1% more per $
MHO
5.6%
3.5%
FIVE
More free cash flow
MHO
MHO
$120.2M more FCF
MHO
$-13.0M
$-133.2M
FIVE
Faster 2-yr revenue CAGR
MHO
MHO
Annualised
MHO
4.7%
-11.9%
FIVE

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
FIVE
FIVE
MHO
MHO
Revenue
$1.0B
$1.1B
Net Profit
$36.5M
$64.0M
Gross Margin
33.8%
17.4%
Operating Margin
4.2%
6.5%
Net Margin
3.5%
5.6%
Revenue YoY
23.1%
-4.8%
Net Profit YoY
2063.9%
-52.1%
EPS (diluted)
$0.66
$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
FIVE
FIVE
MHO
MHO
Q4 25
$1.0B
$1.1B
Q3 25
$1.0B
$1.1B
Q2 25
$970.5M
$1.2B
Q1 25
$1.4B
$976.1M
Q4 24
$843.7M
$1.2B
Q3 24
$830.1M
$1.1B
Q2 24
$811.9M
$1.1B
Q1 24
$1.3B
$1.0B
Net Profit
FIVE
FIVE
MHO
MHO
Q4 25
$36.5M
$64.0M
Q3 25
$42.8M
$106.5M
Q2 25
$41.1M
$121.2M
Q1 25
$187.5M
$111.2M
Q4 24
$1.7M
$133.5M
Q3 24
$33.0M
$145.4M
Q2 24
$31.5M
$146.7M
Q1 24
$202.2M
$138.1M
Gross Margin
FIVE
FIVE
MHO
MHO
Q4 25
33.8%
17.4%
Q3 25
33.3%
24.5%
Q2 25
33.4%
24.7%
Q1 25
40.2%
25.9%
Q4 24
30.6%
24.6%
Q3 24
32.7%
27.1%
Q2 24
32.5%
27.9%
Q1 24
41.2%
27.1%
Operating Margin
FIVE
FIVE
MHO
MHO
Q4 25
4.2%
6.5%
Q3 25
5.1%
12.0%
Q2 25
5.2%
13.4%
Q1 25
17.7%
14.4%
Q4 24
-0.1%
13.6%
Q3 24
5.0%
15.9%
Q2 24
4.5%
16.8%
Q1 24
20.1%
16.6%
Net Margin
FIVE
FIVE
MHO
MHO
Q4 25
3.5%
5.6%
Q3 25
4.2%
9.4%
Q2 25
4.2%
10.4%
Q1 25
13.5%
11.4%
Q4 24
0.2%
11.1%
Q3 24
4.0%
12.7%
Q2 24
3.9%
13.2%
Q1 24
15.1%
13.2%
EPS (diluted)
FIVE
FIVE
MHO
MHO
Q4 25
$0.66
$2.42
Q3 25
$0.77
$3.92
Q2 25
$0.75
$4.42
Q1 25
$3.40
$3.98
Q4 24
$0.03
$4.71
Q3 24
$0.60
$5.10
Q2 24
$0.57
$5.12
Q1 24
$3.64
$4.78

Balance Sheet & Financial Strength

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

Metric
FIVE
FIVE
MHO
MHO
Cash + ST InvestmentsLiquidity on hand
$524.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$3.2B
Total Assets
$4.8B
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIVE
FIVE
MHO
MHO
Q4 25
$524.5M
Q3 25
$670.2M
Q2 25
$624.0M
Q1 25
$528.8M
Q4 24
$216.6M
Q3 24
$327.7M
Q2 24
$369.6M
Q1 24
$460.1M
Stockholders' Equity
FIVE
FIVE
MHO
MHO
Q4 25
$2.0B
$3.2B
Q3 25
$1.9B
$3.1B
Q2 25
$1.9B
$3.1B
Q1 25
$1.8B
$3.0B
Q4 24
$1.6B
$2.9B
Q3 24
$1.6B
$2.8B
Q2 24
$1.6B
$2.7B
Q1 24
$1.6B
$2.6B
Total Assets
FIVE
FIVE
MHO
MHO
Q4 25
$4.8B
$4.8B
Q3 25
$4.6B
$4.8B
Q2 25
$4.5B
$4.7B
Q1 25
$4.3B
$4.6B
Q4 24
$4.2B
$4.5B
Q3 24
$4.0B
$4.5B
Q2 24
$3.9B
$4.3B
Q1 24
$3.9B
$4.2B

Cash Flow & Capital Efficiency

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

Metric
FIVE
FIVE
MHO
MHO
Operating Cash FlowLast quarter
$-80.1M
$-8.7M
Free Cash FlowOCF − Capex
$-133.2M
$-13.0M
FCF MarginFCF / Revenue
-12.8%
-1.1%
Capex IntensityCapex / Revenue
5.1%
0.4%
Cash ConversionOCF / Net Profit
-2.19×
-0.14×
TTM Free Cash FlowTrailing 4 quarters
$323.0M
$127.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIVE
FIVE
MHO
MHO
Q4 25
$-80.1M
$-8.7M
Q3 25
$93.0M
$43.4M
Q2 25
$132.7M
$37.8M
Q1 25
$363.5M
$64.9M
Q4 24
$-30.6M
$104.4M
Q3 24
$71.3M
$-67.9M
Q2 24
$26.4M
$27.5M
Q1 24
$407.7M
$115.8M
Free Cash Flow
FIVE
FIVE
MHO
MHO
Q4 25
$-133.2M
$-13.0M
Q3 25
$48.3M
$42.0M
Q2 25
$96.5M
$35.1M
Q1 25
$311.4M
$63.5M
Q4 24
$-111.0M
$102.3M
Q3 24
$-32.4M
$-68.5M
Q2 24
$-61.4M
$22.0M
Q1 24
$304.6M
$115.5M
FCF Margin
FIVE
FIVE
MHO
MHO
Q4 25
-12.8%
-1.1%
Q3 25
4.7%
3.7%
Q2 25
9.9%
3.0%
Q1 25
22.4%
6.5%
Q4 24
-13.2%
8.5%
Q3 24
-3.9%
-6.0%
Q2 24
-7.6%
2.0%
Q1 24
22.8%
11.0%
Capex Intensity
FIVE
FIVE
MHO
MHO
Q4 25
5.1%
0.4%
Q3 25
4.4%
0.1%
Q2 25
3.7%
0.2%
Q1 25
3.7%
0.1%
Q4 24
9.5%
0.2%
Q3 24
12.5%
0.1%
Q2 24
10.8%
0.5%
Q1 24
7.7%
0.0%
Cash Conversion
FIVE
FIVE
MHO
MHO
Q4 25
-2.19×
-0.14×
Q3 25
2.17×
0.41×
Q2 25
3.22×
0.31×
Q1 25
1.94×
0.58×
Q4 24
-18.13×
0.78×
Q3 24
2.16×
-0.47×
Q2 24
0.84×
0.19×
Q1 24
2.02×
0.84×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIVE
FIVE

Segment breakdown not available.

MHO
MHO

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

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