vs

Side-by-side financial comparison of M/I HOMES, INC. (MHO) and BeOne Medicines Ltd. (ONC). Click either name above to swap in a different company.

BeOne Medicines Ltd. 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 4.4%, a 1.1% gap on every dollar of revenue. On growth, BeOne Medicines Ltd. posted the faster year-over-year revenue change (32.8% vs -4.8%). BeOne Medicines Ltd. produced more free cash flow last quarter ($379.8M vs $-13.0M). Over the past eight quarters, BeOne Medicines Ltd.'s revenue compounded faster (41.2% 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.

BeOne Medicines, formerly known as BeiGene, Ltd. is a multinational oncology company. It specializes in the development of drugs for cancer treatment.

MHO vs ONC — Head-to-Head

Bigger by revenue
ONC
ONC
1.3× larger
ONC
$1.5B
$1.1B
MHO
Growing faster (revenue YoY)
ONC
ONC
+37.6% gap
ONC
32.8%
-4.8%
MHO
Higher net margin
MHO
MHO
1.1% more per $
MHO
5.6%
4.4%
ONC
More free cash flow
ONC
ONC
$392.8M more FCF
ONC
$379.8M
$-13.0M
MHO
Faster 2-yr revenue CAGR
ONC
ONC
Annualised
ONC
41.2%
4.7%
MHO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MHO
MHO
ONC
ONC
Revenue
$1.1B
$1.5B
Net Profit
$64.0M
$66.5M
Gross Margin
17.4%
90.5%
Operating Margin
6.5%
12.4%
Net Margin
5.6%
4.4%
Revenue YoY
-4.8%
32.8%
Net Profit YoY
-52.1%
143.8%
EPS (diluted)
$2.42
$0.05

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
ONC
ONC
Q4 25
$1.1B
$1.5B
Q3 25
$1.1B
$1.4B
Q2 25
$1.2B
$1.3B
Q1 25
$976.1M
$1.1B
Q4 24
$1.2B
$1.1B
Q3 24
$1.1B
$1.0B
Q2 24
$1.1B
$929.2M
Q1 24
$1.0B
$751.7M
Net Profit
MHO
MHO
ONC
ONC
Q4 25
$64.0M
$66.5M
Q3 25
$106.5M
$124.8M
Q2 25
$121.2M
$94.3M
Q1 25
$111.2M
$1.3M
Q4 24
$133.5M
$-151.9M
Q3 24
$145.4M
$-121.3M
Q2 24
$146.7M
$-120.4M
Q1 24
$138.1M
$-251.2M
Gross Margin
MHO
MHO
ONC
ONC
Q4 25
17.4%
90.5%
Q3 25
24.5%
86.1%
Q2 25
24.7%
87.5%
Q1 25
25.9%
85.2%
Q4 24
24.6%
85.8%
Q3 24
27.1%
83.0%
Q2 24
27.9%
85.1%
Q1 24
27.1%
83.4%
Operating Margin
MHO
MHO
ONC
ONC
Q4 25
6.5%
12.4%
Q3 25
12.0%
11.5%
Q2 25
13.4%
6.7%
Q1 25
14.4%
1.0%
Q4 24
13.6%
-7.0%
Q3 24
15.9%
-12.0%
Q2 24
16.8%
-11.5%
Q1 24
16.6%
-34.8%
Net Margin
MHO
MHO
ONC
ONC
Q4 25
5.6%
4.4%
Q3 25
9.4%
8.8%
Q2 25
10.4%
7.2%
Q1 25
11.4%
0.1%
Q4 24
11.1%
-13.5%
Q3 24
12.7%
-12.1%
Q2 24
13.2%
-13.0%
Q1 24
13.2%
-33.4%
EPS (diluted)
MHO
MHO
ONC
ONC
Q4 25
$2.42
$0.05
Q3 25
$3.92
$0.08
Q2 25
$4.42
$0.06
Q1 25
$3.98
$0.00
Q4 24
$4.71
$-0.10
Q3 24
$5.10
$-0.09
Q2 24
$5.12
$-0.09
Q1 24
$4.78
$-0.19

Balance Sheet & Financial Strength

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

Metric
MHO
MHO
ONC
ONC
Cash + ST InvestmentsLiquidity on hand
$4.5B
Total DebtLower is stronger
$836.4M
Stockholders' EquityBook value
$3.2B
$4.4B
Total Assets
$4.8B
$8.2B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MHO
MHO
ONC
ONC
Q4 25
$4.5B
Q3 25
$4.0B
Q2 25
$2.8B
Q1 25
$2.5B
Q4 24
$2.6B
Q3 24
$2.7B
Q2 24
$2.6B
Q1 24
$2.8B
Total Debt
MHO
MHO
ONC
ONC
Q4 25
$836.4M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MHO
MHO
ONC
ONC
Q4 25
$3.2B
$4.4B
Q3 25
$3.1B
$4.1B
Q2 25
$3.1B
$3.8B
Q1 25
$3.0B
$3.5B
Q4 24
$2.9B
$3.3B
Q3 24
$2.8B
$3.4B
Q2 24
$2.7B
$3.4B
Q1 24
$2.6B
$3.4B
Total Assets
MHO
MHO
ONC
ONC
Q4 25
$4.8B
$8.2B
Q3 25
$4.8B
$7.6B
Q2 25
$4.7B
$6.3B
Q1 25
$4.6B
$5.8B
Q4 24
$4.5B
$5.9B
Q3 24
$4.5B
$5.8B
Q2 24
$4.3B
$5.7B
Q1 24
$4.2B
$5.7B
Debt / Equity
MHO
MHO
ONC
ONC
Q4 25
0.19×
Q3 25
Q2 25
Q1 25
Q4 24
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
MHO
MHO
ONC
ONC
Operating Cash FlowLast quarter
$-8.7M
$417.3M
Free Cash FlowOCF − Capex
$-13.0M
$379.8M
FCF MarginFCF / Revenue
-1.1%
25.4%
Capex IntensityCapex / Revenue
0.4%
2.5%
Cash ConversionOCF / Net Profit
-0.14×
6.28×
TTM Free Cash FlowTrailing 4 quarters
$127.7M
$941.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MHO
MHO
ONC
ONC
Q4 25
$-8.7M
$417.3M
Q3 25
$43.4M
$402.6M
Q2 25
$37.8M
$263.6M
Q1 25
$64.9M
$44.1M
Q4 24
$104.4M
$75.2M
Q3 24
$-67.9M
$188.4M
Q2 24
$27.5M
$-95.6M
Q1 24
$115.8M
$-308.6M
Free Cash Flow
MHO
MHO
ONC
ONC
Q4 25
$-13.0M
$379.8M
Q3 25
$42.0M
$354.5M
Q2 25
$35.1M
$219.8M
Q1 25
$63.5M
$-12.3M
Q4 24
$102.3M
$-17.3M
Q3 24
$-68.5M
$54.7M
Q2 24
$22.0M
$-205.5M
Q1 24
$115.5M
$-465.1M
FCF Margin
MHO
MHO
ONC
ONC
Q4 25
-1.1%
25.4%
Q3 25
3.7%
25.1%
Q2 25
3.0%
16.7%
Q1 25
6.5%
-1.1%
Q4 24
8.5%
-1.5%
Q3 24
-6.0%
5.5%
Q2 24
2.0%
-22.1%
Q1 24
11.0%
-61.9%
Capex Intensity
MHO
MHO
ONC
ONC
Q4 25
0.4%
2.5%
Q3 25
0.1%
3.4%
Q2 25
0.2%
3.3%
Q1 25
0.1%
5.0%
Q4 24
0.2%
8.2%
Q3 24
0.1%
13.3%
Q2 24
0.5%
11.8%
Q1 24
0.0%
20.8%
Cash Conversion
MHO
MHO
ONC
ONC
Q4 25
-0.14×
6.28×
Q3 25
0.41×
3.22×
Q2 25
0.31×
2.79×
Q1 25
0.58×
34.71×
Q4 24
0.78×
Q3 24
-0.47×
Q2 24
0.19×
Q1 24
0.84×

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%

ONC
ONC

Segment breakdown not available.

Related Comparisons