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Side-by-side financial comparison of M/I HOMES, INC. (MHO) and NCR Atleos Corp (NATL). Click either name above to swap in a different company.
NCR Atleos Corp is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.0× M/I HOMES, INC.). NCR Atleos Corp runs the higher net margin — 7.2% vs 5.6%, a 1.6% gap on every dollar of revenue. On growth, NCR Atleos Corp posted the faster year-over-year revenue change (4.0% vs -4.8%). NCR Atleos Corp produced more free cash flow last quarter ($194.0M vs $-13.0M). Over the past eight quarters, NCR Atleos Corp's revenue compounded faster (4.9% 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.
NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.
MHO vs NATL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.2B |
| Net Profit | $64.0M | $83.0M |
| Gross Margin | 17.4% | — |
| Operating Margin | 6.5% | 13.5% |
| Net Margin | 5.6% | 7.2% |
| Revenue YoY | -4.8% | 4.0% |
| Net Profit YoY | -52.1% | 102.4% |
| EPS (diluted) | $2.42 | $1.09 |
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 | $1.1B | $1.2B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.2B | $1.1B | ||
| Q1 25 | $976.1M | $979.0M | ||
| Q4 24 | $1.2B | $1.1B | ||
| Q3 24 | $1.1B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B | ||
| Q1 24 | $1.0B | $1.0B |
| Q4 25 | $64.0M | $83.0M | ||
| Q3 25 | $106.5M | $26.0M | ||
| Q2 25 | $121.2M | $39.0M | ||
| Q1 25 | $111.2M | $14.0M | ||
| Q4 24 | $133.5M | $41.0M | ||
| Q3 24 | $145.4M | $21.0M | ||
| Q2 24 | $146.7M | $27.0M | ||
| Q1 24 | $138.1M | $-9.0M |
| 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% | — |
| Q4 25 | 6.5% | 13.5% | ||
| Q3 25 | 12.0% | 9.8% | ||
| Q2 25 | 13.4% | 10.8% | ||
| Q1 25 | 14.4% | 9.5% | ||
| Q4 24 | 13.6% | 13.4% | ||
| Q3 24 | 15.9% | 10.6% | ||
| Q2 24 | 16.8% | 9.8% | ||
| Q1 24 | 16.6% | 6.5% |
| Q4 25 | 5.6% | 7.2% | ||
| Q3 25 | 9.4% | 2.3% | ||
| Q2 25 | 10.4% | 3.5% | ||
| Q1 25 | 11.4% | 1.4% | ||
| Q4 24 | 11.1% | 3.7% | ||
| Q3 24 | 12.7% | 2.0% | ||
| Q2 24 | 13.2% | 2.5% | ||
| Q1 24 | 13.2% | -0.9% |
| Q4 25 | $2.42 | $1.09 | ||
| Q3 25 | $3.92 | $0.34 | ||
| Q2 25 | $4.42 | $0.52 | ||
| Q1 25 | $3.98 | $0.19 | ||
| Q4 24 | $4.71 | $0.56 | ||
| Q3 24 | $5.10 | $0.28 | ||
| Q2 24 | $5.12 | $0.37 | ||
| Q1 24 | $4.78 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $456.0M |
| Total DebtLower is stronger | — | $2.7B |
| Stockholders' EquityBook value | $3.2B | $403.0M |
| Total Assets | $4.8B | $5.7B |
| Debt / EquityLower = less leverage | — | 6.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $456.0M | ||
| Q3 25 | — | $412.0M | ||
| Q2 25 | — | $357.0M | ||
| Q1 25 | — | $352.0M | ||
| Q4 24 | — | $419.0M | ||
| Q3 24 | — | $395.0M | ||
| Q2 24 | — | $374.0M | ||
| Q1 24 | — | $343.0M |
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.8B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.2B | $403.0M | ||
| Q3 25 | $3.1B | $330.0M | ||
| Q2 25 | $3.1B | $350.0M | ||
| Q1 25 | $3.0B | $275.0M | ||
| Q4 24 | $2.9B | $219.0M | ||
| Q3 24 | $2.8B | $264.0M | ||
| Q2 24 | $2.7B | $250.0M | ||
| Q1 24 | $2.6B | $283.0M |
| Q4 25 | $4.8B | $5.7B | ||
| Q3 25 | $4.8B | $5.7B | ||
| Q2 25 | $4.7B | $5.8B | ||
| Q1 25 | $4.6B | $5.7B | ||
| Q4 24 | $4.5B | $5.5B | ||
| Q3 24 | $4.5B | $5.7B | ||
| Q2 24 | $4.3B | $5.8B | ||
| Q1 24 | $4.2B | $5.8B |
| Q4 25 | — | 6.63× | ||
| Q3 25 | — | 8.45× | ||
| Q2 25 | — | 8.05× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 13.05× | ||
| 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 | $-8.7M | $231.0M |
| Free Cash FlowOCF − Capex | $-13.0M | $194.0M |
| FCF MarginFCF / Revenue | -1.1% | 16.8% |
| Capex IntensityCapex / Revenue | 0.4% | 3.2% |
| Cash ConversionOCF / Net Profit | -0.14× | 2.78× |
| TTM Free Cash FlowTrailing 4 quarters | $127.7M | $239.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-8.7M | $231.0M | ||
| Q3 25 | $43.4M | $25.0M | ||
| Q2 25 | $37.8M | $-23.0M | ||
| Q1 25 | $64.9M | $123.0M | ||
| Q4 24 | $104.4M | $80.0M | ||
| Q3 24 | $-67.9M | $107.0M | ||
| Q2 24 | $27.5M | $9.0M | ||
| Q1 24 | $115.8M | $148.0M |
| Q4 25 | $-13.0M | $194.0M | ||
| Q3 25 | $42.0M | $-5.0M | ||
| Q2 25 | $35.1M | $-44.0M | ||
| Q1 25 | $63.5M | $94.0M | ||
| Q4 24 | $102.3M | $62.0M | ||
| Q3 24 | $-68.5M | $85.0M | ||
| Q2 24 | $22.0M | $-14.0M | ||
| Q1 24 | $115.5M | $124.0M |
| Q4 25 | -1.1% | 16.8% | ||
| Q3 25 | 3.7% | -0.4% | ||
| Q2 25 | 3.0% | -4.0% | ||
| Q1 25 | 6.5% | 9.6% | ||
| Q4 24 | 8.5% | 5.6% | ||
| Q3 24 | -6.0% | 7.9% | ||
| Q2 24 | 2.0% | -1.3% | ||
| Q1 24 | 11.0% | 11.9% |
| Q4 25 | 0.4% | 3.2% | ||
| Q3 25 | 0.1% | 2.7% | ||
| Q2 25 | 0.2% | 1.9% | ||
| Q1 25 | 0.1% | 3.0% | ||
| Q4 24 | 0.2% | 1.6% | ||
| Q3 24 | 0.1% | 2.1% | ||
| Q2 24 | 0.5% | 2.1% | ||
| Q1 24 | 0.0% | 2.3% |
| Q4 25 | -0.14× | 2.78× | ||
| Q3 25 | 0.41× | 0.96× | ||
| Q2 25 | 0.31× | -0.59× | ||
| Q1 25 | 0.58× | 8.79× | ||
| Q4 24 | 0.78× | 1.95× | ||
| Q3 24 | -0.47× | 5.10× | ||
| Q2 24 | 0.19× | 0.33× | ||
| Q1 24 | 0.84× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |
