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Side-by-side financial comparison of M/I HOMES, INC. (MHO) and Monolithic Power Systems (MPWR). 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 $804.2M, roughly 1.4× Monolithic Power Systems). Monolithic Power Systems runs the higher net margin — 24.0% vs 5.6%, a 18.5% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (26.1% vs -4.8%). Over the past eight quarters, Monolithic Power Systems's revenue compounded faster (25.9% 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.

Monolithic Power Systems, Inc. is an American, publicly traded company headquartered in Kirkland, Washington. It operates in more than 15 locations worldwide.

MHO vs MPWR — Head-to-Head

Bigger by revenue
MHO
MHO
1.4× larger
MHO
$1.1B
$804.2M
MPWR
Growing faster (revenue YoY)
MPWR
MPWR
+30.9% gap
MPWR
26.1%
-4.8%
MHO
Higher net margin
MPWR
MPWR
18.5% more per $
MPWR
24.0%
5.6%
MHO
Faster 2-yr revenue CAGR
MPWR
MPWR
Annualised
MPWR
25.9%
4.7%
MHO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MHO
MHO
MPWR
MPWR
Revenue
$1.1B
$804.2M
Net Profit
$64.0M
$193.2M
Gross Margin
17.4%
55.3%
Operating Margin
6.5%
30.0%
Net Margin
5.6%
24.0%
Revenue YoY
-4.8%
26.1%
Net Profit YoY
-52.1%
43.1%
EPS (diluted)
$2.42
$3.92

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
MHO
MHO
MPWR
MPWR
Q1 26
$804.2M
Q4 25
$1.1B
$751.2M
Q3 25
$1.1B
$737.2M
Q2 25
$1.2B
$664.6M
Q1 25
$976.1M
$637.6M
Q4 24
$1.2B
$621.7M
Q3 24
$1.1B
$620.1M
Q2 24
$1.1B
$507.4M
Net Profit
MHO
MHO
MPWR
MPWR
Q1 26
$193.2M
Q4 25
$64.0M
$171.7M
Q3 25
$106.5M
$179.8M
Q2 25
$121.2M
$135.0M
Q1 25
$111.2M
$135.1M
Q4 24
$133.5M
$1.3B
Q3 24
$145.4M
$144.4M
Q2 24
$146.7M
$100.4M
Gross Margin
MHO
MHO
MPWR
MPWR
Q1 26
55.3%
Q4 25
17.4%
55.2%
Q3 25
24.5%
55.1%
Q2 25
24.7%
55.1%
Q1 25
25.9%
55.4%
Q4 24
24.6%
55.4%
Q3 24
27.1%
55.4%
Q2 24
27.9%
55.3%
Operating Margin
MHO
MHO
MPWR
MPWR
Q1 26
30.0%
Q4 25
6.5%
26.6%
Q3 25
12.0%
26.5%
Q2 25
13.4%
24.8%
Q1 25
14.4%
26.5%
Q4 24
13.6%
26.3%
Q3 24
15.9%
26.5%
Q2 24
16.8%
23.0%
Net Margin
MHO
MHO
MPWR
MPWR
Q1 26
24.0%
Q4 25
5.6%
22.9%
Q3 25
9.4%
24.4%
Q2 25
10.4%
20.3%
Q1 25
11.4%
21.2%
Q4 24
11.1%
201.8%
Q3 24
12.7%
23.3%
Q2 24
13.2%
19.8%
EPS (diluted)
MHO
MHO
MPWR
MPWR
Q1 26
$3.92
Q4 25
$2.42
$3.50
Q3 25
$3.92
$3.74
Q2 25
$4.42
$2.81
Q1 25
$3.98
$2.81
Q4 24
$4.71
$25.71
Q3 24
$5.10
$2.95
Q2 24
$5.12
$2.05

Balance Sheet & Financial Strength

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

Metric
MHO
MHO
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.2B
$3.7B
Total Assets
$4.8B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MHO
MHO
MPWR
MPWR
Q1 26
$1.4B
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$1.1B
Q1 25
$1.0B
Q4 24
$862.9M
Q3 24
$1.5B
Q2 24
$1.3B
Stockholders' Equity
MHO
MHO
MPWR
MPWR
Q1 26
$3.7B
Q4 25
$3.2B
$3.5B
Q3 25
$3.1B
$3.4B
Q2 25
$3.1B
$3.2B
Q1 25
$3.0B
$3.1B
Q4 24
$2.9B
$3.0B
Q3 24
$2.8B
$2.4B
Q2 24
$2.7B
$2.2B
Total Assets
MHO
MHO
MPWR
MPWR
Q1 26
$4.4B
Q4 25
$4.8B
$4.2B
Q3 25
$4.8B
$4.1B
Q2 25
$4.7B
$3.9B
Q1 25
$4.6B
$3.7B
Q4 24
$4.5B
$3.5B
Q3 24
$4.5B
$2.9B
Q2 24
$4.3B
$2.6B

Cash Flow & Capital Efficiency

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

Metric
MHO
MHO
MPWR
MPWR
Operating Cash FlowLast quarter
$-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
MHO
MHO
MPWR
MPWR
Q1 26
Q4 25
$-8.7M
$104.9M
Q3 25
$43.4M
$239.3M
Q2 25
$37.8M
$237.6M
Q1 25
$64.9M
$256.4M
Q4 24
$104.4M
$167.7M
Q3 24
$-67.9M
$231.7M
Q2 24
$27.5M
$141.0M
Free Cash Flow
MHO
MHO
MPWR
MPWR
Q1 26
Q4 25
$-13.0M
$63.9M
Q3 25
$42.0M
$196.8M
Q2 25
$35.1M
$189.5M
Q1 25
$63.5M
$216.0M
Q4 24
$102.3M
$102.9M
Q3 24
$-68.5M
$197.9M
Q2 24
$22.0M
$109.5M
FCF Margin
MHO
MHO
MPWR
MPWR
Q1 26
Q4 25
-1.1%
8.5%
Q3 25
3.7%
26.7%
Q2 25
3.0%
28.5%
Q1 25
6.5%
33.9%
Q4 24
8.5%
16.5%
Q3 24
-6.0%
31.9%
Q2 24
2.0%
21.6%
Capex Intensity
MHO
MHO
MPWR
MPWR
Q1 26
Q4 25
0.4%
5.5%
Q3 25
0.1%
5.8%
Q2 25
0.2%
7.2%
Q1 25
0.1%
6.3%
Q4 24
0.2%
10.4%
Q3 24
0.1%
5.5%
Q2 24
0.5%
6.2%
Cash Conversion
MHO
MHO
MPWR
MPWR
Q1 26
Q4 25
-0.14×
0.61×
Q3 25
0.41×
1.33×
Q2 25
0.31×
1.76×
Q1 25
0.58×
1.90×
Q4 24
0.78×
0.13×
Q3 24
-0.47×
1.60×
Q2 24
0.19×
1.40×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MHO
MHO

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

MPWR
MPWR

Segment breakdown not available.

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