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Side-by-side financial comparison of M/I HOMES, INC. (MHO) and Organon & Co. (OGN). Click either name above to swap in a different company.
Organon & Co. is the larger business by last-quarter revenue ($1.5B vs $1.1B, roughly 1.3× M/I HOMES, INC.). M/I HOMES, INC. runs the higher net margin — 5.6% vs -13.6%, a 19.2% gap on every dollar of revenue. On growth, M/I HOMES, INC. posted the faster year-over-year revenue change (-4.8% vs -5.3%). Organon & Co. produced more free cash flow last quarter ($96.0M vs $-13.0M). Over the past eight quarters, M/I HOMES, INC.'s revenue compounded faster (4.7% CAGR vs -3.6%).
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.
Organon & Co. is an American pharmaceutical company headquartered in Jersey City, New Jersey. Organon specializes in the following core therapeutic fields: reproductive medicine, contraception, psychiatry, hormone replacement therapy (HRT), and anesthesia. Organon produces all its products outside of the United States but receives a third of its revenue from the United States.
MHO vs OGN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.5B |
| Net Profit | $64.0M | $-205.0M |
| Gross Margin | 17.4% | 49.2% |
| Operating Margin | 6.5% | -9.8% |
| Net Margin | 5.6% | -13.6% |
| Revenue YoY | -4.8% | -5.3% |
| Net Profit YoY | -52.1% | -288.1% |
| EPS (diluted) | $2.42 | $-0.78 |
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 | $1.5B | ||
| Q3 25 | $1.1B | $1.6B | ||
| Q2 25 | $1.2B | $1.6B | ||
| Q1 25 | $976.1M | $1.5B | ||
| Q4 24 | $1.2B | $1.6B | ||
| Q3 24 | $1.1B | $1.6B | ||
| Q2 24 | $1.1B | $1.6B | ||
| Q1 24 | $1.0B | $1.6B |
| Q4 25 | $64.0M | $-205.0M | ||
| Q3 25 | $106.5M | $160.0M | ||
| Q2 25 | $121.2M | $145.0M | ||
| Q1 25 | $111.2M | $87.0M | ||
| Q4 24 | $133.5M | $109.0M | ||
| Q3 24 | $145.4M | $359.0M | ||
| Q2 24 | $146.7M | $195.0M | ||
| Q1 24 | $138.1M | $201.0M |
| Q4 25 | 17.4% | 49.2% | ||
| Q3 25 | 24.5% | 53.5% | ||
| Q2 25 | 24.7% | 54.8% | ||
| Q1 25 | 25.9% | 55.6% | ||
| Q4 24 | 24.6% | 56.3% | ||
| Q3 24 | 27.1% | 58.3% | ||
| Q2 24 | 27.9% | 58.4% | ||
| Q1 24 | 27.1% | 59.0% |
| Q4 25 | 6.5% | -9.8% | ||
| Q3 25 | 12.0% | 15.2% | ||
| Q2 25 | 13.4% | 14.4% | ||
| Q1 25 | 14.4% | 6.7% | ||
| Q4 24 | 13.6% | 8.1% | ||
| Q3 24 | 15.9% | 13.1% | ||
| Q2 24 | 16.8% | 14.6% | ||
| Q1 24 | 16.6% | 14.5% |
| Q4 25 | 5.6% | -13.6% | ||
| Q3 25 | 9.4% | 10.0% | ||
| Q2 25 | 10.4% | 9.1% | ||
| Q1 25 | 11.4% | 5.8% | ||
| Q4 24 | 11.1% | 6.8% | ||
| Q3 24 | 12.7% | 22.7% | ||
| Q2 24 | 13.2% | 12.1% | ||
| Q1 24 | 13.2% | 12.4% |
| Q4 25 | $2.42 | $-0.78 | ||
| Q3 25 | $3.92 | $0.61 | ||
| Q2 25 | $4.42 | $0.56 | ||
| Q1 25 | $3.98 | $0.33 | ||
| Q4 24 | $4.71 | $0.42 | ||
| Q3 24 | $5.10 | $1.38 | ||
| Q2 24 | $5.12 | $0.75 | ||
| Q1 24 | $4.78 | $0.78 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $574.0M |
| Total DebtLower is stronger | — | $8.6B |
| Stockholders' EquityBook value | $3.2B | $752.0M |
| Total Assets | $4.8B | $12.9B |
| Debt / EquityLower = less leverage | — | 11.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $574.0M | ||
| Q3 25 | — | $672.0M | ||
| Q2 25 | — | $599.0M | ||
| Q1 25 | — | $547.0M | ||
| Q4 24 | — | $675.0M | ||
| Q3 24 | — | $763.0M | ||
| Q2 24 | — | $704.0M | ||
| Q1 24 | — | $575.0M |
| Q4 25 | — | $8.6B | ||
| Q3 25 | — | $8.8B | ||
| Q2 25 | — | $8.9B | ||
| Q1 25 | — | $9.0B | ||
| Q4 24 | — | $8.9B | ||
| Q3 24 | — | $8.7B | ||
| Q2 24 | — | $8.7B | ||
| Q1 24 | — | $8.7B |
| Q4 25 | $3.2B | $752.0M | ||
| Q3 25 | $3.1B | $906.0M | ||
| Q2 25 | $3.1B | $733.0M | ||
| Q1 25 | $3.0B | $542.0M | ||
| Q4 24 | $2.9B | $472.0M | ||
| Q3 24 | $2.8B | $493.0M | ||
| Q2 24 | $2.7B | $144.0M | ||
| Q1 24 | $2.6B | $48.0M |
| Q4 25 | $4.8B | $12.9B | ||
| Q3 25 | $4.8B | $13.6B | ||
| Q2 25 | $4.7B | $13.5B | ||
| Q1 25 | $4.6B | $13.2B | ||
| Q4 24 | $4.5B | $13.1B | ||
| Q3 24 | $4.5B | $12.8B | ||
| Q2 24 | $4.3B | $12.2B | ||
| Q1 24 | $4.2B | $11.9B |
| Q4 25 | — | 11.49× | ||
| Q3 25 | — | 9.74× | ||
| Q2 25 | — | 12.14× | ||
| Q1 25 | — | 16.52× | ||
| Q4 24 | — | 18.81× | ||
| Q3 24 | — | 17.75× | ||
| Q2 24 | — | 60.11× | ||
| Q1 24 | — | 181.54× |
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 | $141.0M |
| Free Cash FlowOCF − Capex | $-13.0M | $96.0M |
| FCF MarginFCF / Revenue | -1.1% | 6.4% |
| Capex IntensityCapex / Revenue | 0.4% | 3.0% |
| Cash ConversionOCF / Net Profit | -0.14× | — |
| TTM Free Cash FlowTrailing 4 quarters | $127.7M | $538.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-8.7M | $141.0M | ||
| Q3 25 | $43.4M | $264.0M | ||
| Q2 25 | $37.8M | $220.0M | ||
| Q1 25 | $64.9M | $75.0M | ||
| Q4 24 | $104.4M | $390.0M | ||
| Q3 24 | $-67.9M | $141.0M | ||
| Q2 24 | $27.5M | $332.0M | ||
| Q1 24 | $115.8M | $76.0M |
| Q4 25 | $-13.0M | $96.0M | ||
| Q3 25 | $42.0M | $218.0M | ||
| Q2 25 | $35.1M | $181.0M | ||
| Q1 25 | $63.5M | $43.0M | ||
| Q4 24 | $102.3M | $335.0M | ||
| Q3 24 | $-68.5M | $99.0M | ||
| Q2 24 | $22.0M | $300.0M | ||
| Q1 24 | $115.5M | $30.0M |
| Q4 25 | -1.1% | 6.4% | ||
| Q3 25 | 3.7% | 13.6% | ||
| Q2 25 | 3.0% | 11.4% | ||
| Q1 25 | 6.5% | 2.8% | ||
| Q4 24 | 8.5% | 21.0% | ||
| Q3 24 | -6.0% | 6.3% | ||
| Q2 24 | 2.0% | 18.7% | ||
| Q1 24 | 11.0% | 1.8% |
| Q4 25 | 0.4% | 3.0% | ||
| Q3 25 | 0.1% | 2.9% | ||
| Q2 25 | 0.2% | 2.4% | ||
| Q1 25 | 0.1% | 2.1% | ||
| Q4 24 | 0.2% | 3.5% | ||
| Q3 24 | 0.1% | 2.7% | ||
| Q2 24 | 0.5% | 2.0% | ||
| Q1 24 | 0.0% | 2.8% |
| Q4 25 | -0.14× | — | ||
| Q3 25 | 0.41× | 1.65× | ||
| Q2 25 | 0.31× | 1.52× | ||
| Q1 25 | 0.58× | 0.86× | ||
| Q4 24 | 0.78× | 3.58× | ||
| Q3 24 | -0.47× | 0.39× | ||
| Q2 24 | 0.19× | 1.70× | ||
| Q1 24 | 0.84× | 0.38× |
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% |
OGN
Segment breakdown not available.
