vs

Side-by-side financial comparison of Floor & Decor Holdings, Inc. (FND) 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 $1.1B, roughly 1.0× Floor & Decor Holdings, 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, Floor & Decor Holdings, Inc. posted the faster year-over-year revenue change (2.0% vs -4.8%). Floor & Decor Holdings, Inc. produced more free cash flow last quarter ($45.1M vs $-13.0M). Over the past eight quarters, M/I HOMES, INC.'s revenue compounded faster (4.7% CAGR vs 1.5%).

Floor & Decor Holdings, Inc., branded as Floor & Decor, is a multi-channel American specialty retailer of hard surface flooring and related accessories that was founded in 2000 and headquartered in Smyrna, Georgia, 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.

FND vs MHO — Head-to-Head

Bigger by revenue
MHO
MHO
1.0× larger
MHO
$1.1B
$1.1B
FND
Growing faster (revenue YoY)
FND
FND
+6.8% gap
FND
2.0%
-4.8%
MHO
Higher net margin
MHO
MHO
2.1% more per $
MHO
5.6%
3.5%
FND
More free cash flow
FND
FND
$58.1M more FCF
FND
$45.1M
$-13.0M
MHO
Faster 2-yr revenue CAGR
MHO
MHO
Annualised
MHO
4.7%
1.5%
FND

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FND
FND
MHO
MHO
Revenue
$1.1B
$1.1B
Net Profit
$39.3M
$64.0M
Gross Margin
43.5%
17.4%
Operating Margin
4.6%
6.5%
Net Margin
3.5%
5.6%
Revenue YoY
2.0%
-4.8%
Net Profit YoY
-17.2%
-52.1%
EPS (diluted)
$0.36
$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
FND
FND
MHO
MHO
Q4 25
$1.1B
$1.1B
Q3 25
$1.2B
$1.1B
Q2 25
$1.2B
$1.2B
Q1 25
$1.2B
$976.1M
Q4 24
$1.1B
$1.2B
Q3 24
$1.1B
$1.1B
Q2 24
$1.1B
$1.1B
Q1 24
$1.1B
$1.0B
Net Profit
FND
FND
MHO
MHO
Q4 25
$39.3M
$64.0M
Q3 25
$57.3M
$106.5M
Q2 25
$63.2M
$121.2M
Q1 25
$48.9M
$111.2M
Q4 24
$47.5M
$133.5M
Q3 24
$51.7M
$145.4M
Q2 24
$56.7M
$146.7M
Q1 24
$50.0M
$138.1M
Gross Margin
FND
FND
MHO
MHO
Q4 25
43.5%
17.4%
Q3 25
43.4%
24.5%
Q2 25
43.9%
24.7%
Q1 25
43.8%
25.9%
Q4 24
43.5%
24.6%
Q3 24
43.5%
27.1%
Q2 24
43.3%
27.9%
Q1 24
42.8%
27.1%
Operating Margin
FND
FND
MHO
MHO
Q4 25
4.6%
6.5%
Q3 25
6.1%
12.0%
Q2 25
6.7%
13.4%
Q1 25
5.5%
14.4%
Q4 24
5.3%
13.6%
Q3 24
5.9%
15.9%
Q2 24
6.3%
16.8%
Q1 24
5.4%
16.6%
Net Margin
FND
FND
MHO
MHO
Q4 25
3.5%
5.6%
Q3 25
4.9%
9.4%
Q2 25
5.2%
10.4%
Q1 25
4.2%
11.4%
Q4 24
4.3%
11.1%
Q3 24
4.6%
12.7%
Q2 24
5.0%
13.2%
Q1 24
4.6%
13.2%
EPS (diluted)
FND
FND
MHO
MHO
Q4 25
$0.36
$2.42
Q3 25
$0.53
$3.92
Q2 25
$0.58
$4.42
Q1 25
$0.45
$3.98
Q4 24
$0.44
$4.71
Q3 24
$0.48
$5.10
Q2 24
$0.52
$5.12
Q1 24
$0.46
$4.78

Balance Sheet & Financial Strength

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

Metric
FND
FND
MHO
MHO
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$2.4B
$3.2B
Total Assets
$5.5B
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Stockholders' Equity
FND
FND
MHO
MHO
Q4 25
$2.4B
$3.2B
Q3 25
$2.4B
$3.1B
Q2 25
$2.3B
$3.1B
Q1 25
$2.2B
$3.0B
Q4 24
$2.2B
$2.9B
Q3 24
$2.1B
$2.8B
Q2 24
$2.0B
$2.7B
Q1 24
$2.0B
$2.6B
Total Assets
FND
FND
MHO
MHO
Q4 25
$5.5B
$4.8B
Q3 25
$5.5B
$4.8B
Q2 25
$5.4B
$4.7B
Q1 25
$5.4B
$4.6B
Q4 24
$5.1B
$4.5B
Q3 24
$4.9B
$4.5B
Q2 24
$4.8B
$4.3B
Q1 24
$4.7B
$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
FND
FND
MHO
MHO
Operating Cash FlowLast quarter
$124.1M
$-8.7M
Free Cash FlowOCF − Capex
$45.1M
$-13.0M
FCF MarginFCF / Revenue
4.0%
-1.1%
Capex IntensityCapex / Revenue
7.0%
0.4%
Cash ConversionOCF / Net Profit
3.15×
-0.14×
TTM Free Cash FlowTrailing 4 quarters
$64.1M
$127.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FND
FND
MHO
MHO
Q4 25
$124.1M
$-8.7M
Q3 25
$102.5M
$43.4M
Q2 25
$84.1M
$37.8M
Q1 25
$71.2M
$64.9M
Q4 24
$101.4M
$104.4M
Q3 24
$160.3M
$-67.9M
Q2 24
$194.0M
$27.5M
Q1 24
$147.5M
$115.8M
Free Cash Flow
FND
FND
MHO
MHO
Q4 25
$45.1M
$-13.0M
Q3 25
$24.5M
$42.0M
Q2 25
$-10.0M
$35.1M
Q1 25
$4.4M
$63.5M
Q4 24
$3.9M
$102.3M
Q3 24
$36.5M
$-68.5M
Q2 24
$80.0M
$22.0M
Q1 24
$35.8M
$115.5M
FCF Margin
FND
FND
MHO
MHO
Q4 25
4.0%
-1.1%
Q3 25
2.1%
3.7%
Q2 25
-0.8%
3.0%
Q1 25
0.4%
6.5%
Q4 24
0.4%
8.5%
Q3 24
3.3%
-6.0%
Q2 24
7.1%
2.0%
Q1 24
3.3%
11.0%
Capex Intensity
FND
FND
MHO
MHO
Q4 25
7.0%
0.4%
Q3 25
6.6%
0.1%
Q2 25
7.8%
0.2%
Q1 25
5.7%
0.1%
Q4 24
8.8%
0.2%
Q3 24
11.1%
0.1%
Q2 24
10.1%
0.5%
Q1 24
10.2%
0.0%
Cash Conversion
FND
FND
MHO
MHO
Q4 25
3.15×
-0.14×
Q3 25
1.79×
0.41×
Q2 25
1.33×
0.31×
Q1 25
1.46×
0.58×
Q4 24
2.14×
0.78×
Q3 24
3.10×
-0.47×
Q2 24
3.42×
0.19×
Q1 24
2.95×
0.84×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FND
FND

Laminate And Vinyl$310.1M27%
Tile$259.1M23%
Installation Materials And Tools$218.4M19%
Decorative Accessories And Wall Tile$177.0M16%
Wood$83.2M7%
Natural Stone$46.8M4%
Adjacent Categories$26.6M2%
Other$8.5M1%

MHO
MHO

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

Related Comparisons