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

Ovintiv Inc. is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 1.8× M/I HOMES, INC.). Ovintiv Inc. runs the higher net margin — 46.1% vs 5.6%, a 40.5% gap on every dollar of revenue. On growth, M/I HOMES, INC. posted the faster year-over-year revenue change (-4.8% vs -6.0%). Ovintiv Inc. produced more free cash flow last quarter ($489.0M vs $-13.0M). Over the past eight quarters, M/I HOMES, INC.'s revenue compounded faster (4.7% CAGR vs -7.2%).

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.

Ovintiv Inc. is a U.S. petroleum company based in Denver. The company was formed in 2020 through a restructuring of its Canadian predecessor, Encana.

MHO vs OVV — Head-to-Head

Bigger by revenue
OVV
OVV
1.8× larger
OVV
$2.1B
$1.1B
MHO
Growing faster (revenue YoY)
MHO
MHO
+1.2% gap
MHO
-4.8%
-6.0%
OVV
Higher net margin
OVV
OVV
40.5% more per $
OVV
46.1%
5.6%
MHO
More free cash flow
OVV
OVV
$502.0M more FCF
OVV
$489.0M
$-13.0M
MHO
Faster 2-yr revenue CAGR
MHO
MHO
Annualised
MHO
4.7%
-7.2%
OVV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MHO
MHO
OVV
OVV
Revenue
$1.1B
$2.1B
Net Profit
$64.0M
$946.0M
Gross Margin
17.4%
Operating Margin
6.5%
21.2%
Net Margin
5.6%
46.1%
Revenue YoY
-4.8%
-6.0%
Net Profit YoY
-52.1%
1676.7%
EPS (diluted)
$2.42
$3.64

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
OVV
OVV
Q4 25
$1.1B
$2.1B
Q3 25
$1.1B
$2.0B
Q2 25
$1.2B
$2.2B
Q1 25
$976.1M
$2.4B
Q4 24
$1.2B
$2.2B
Q3 24
$1.1B
$2.2B
Q2 24
$1.1B
$2.2B
Q1 24
$1.0B
$2.4B
Net Profit
MHO
MHO
OVV
OVV
Q4 25
$64.0M
$946.0M
Q3 25
$106.5M
$148.0M
Q2 25
$121.2M
$307.0M
Q1 25
$111.2M
$-159.0M
Q4 24
$133.5M
$-60.0M
Q3 24
$145.4M
$507.0M
Q2 24
$146.7M
$340.0M
Q1 24
$138.1M
$338.0M
Gross Margin
MHO
MHO
OVV
OVV
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%
Operating Margin
MHO
MHO
OVV
OVV
Q4 25
6.5%
21.2%
Q3 25
12.0%
13.5%
Q2 25
13.4%
23.1%
Q1 25
14.4%
-3.7%
Q4 24
13.6%
0.1%
Q3 24
15.9%
24.2%
Q2 24
16.8%
25.4%
Q1 24
16.6%
20.7%
Net Margin
MHO
MHO
OVV
OVV
Q4 25
5.6%
46.1%
Q3 25
9.4%
7.3%
Q2 25
10.4%
13.9%
Q1 25
11.4%
-6.7%
Q4 24
11.1%
-2.7%
Q3 24
12.7%
23.3%
Q2 24
13.2%
15.5%
Q1 24
13.2%
14.2%
EPS (diluted)
MHO
MHO
OVV
OVV
Q4 25
$2.42
$3.64
Q3 25
$3.92
$0.57
Q2 25
$4.42
$1.18
Q1 25
$3.98
$-0.61
Q4 24
$4.71
$-0.22
Q3 24
$5.10
$1.92
Q2 24
$5.12
$1.27
Q1 24
$4.78
$1.24

Balance Sheet & Financial Strength

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

Metric
MHO
MHO
OVV
OVV
Cash + ST InvestmentsLiquidity on hand
$280.0M
Total DebtLower is stronger
$5.2B
Stockholders' EquityBook value
$3.2B
$11.2B
Total Assets
$4.8B
$20.4B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MHO
MHO
OVV
OVV
Q4 25
$280.0M
Q3 25
$25.0M
Q2 25
$20.0M
Q1 25
$8.0M
Q4 24
$42.0M
Q3 24
$9.0M
Q2 24
$8.0M
Q1 24
$5.0M
Total Debt
MHO
MHO
OVV
OVV
Q4 25
$5.2B
Q3 25
$5.2B
Q2 25
$5.3B
Q1 25
$5.5B
Q4 24
$5.5B
Q3 24
$5.9B
Q2 24
$6.1B
Q1 24
$6.2B
Stockholders' Equity
MHO
MHO
OVV
OVV
Q4 25
$3.2B
$11.2B
Q3 25
$3.1B
$10.2B
Q2 25
$3.1B
$10.4B
Q1 25
$3.0B
$10.1B
Q4 24
$2.9B
$10.3B
Q3 24
$2.8B
$10.7B
Q2 24
$2.7B
$10.3B
Q1 24
$2.6B
$10.3B
Total Assets
MHO
MHO
OVV
OVV
Q4 25
$4.8B
$20.4B
Q3 25
$4.8B
$19.4B
Q2 25
$4.7B
$19.7B
Q1 25
$4.6B
$19.6B
Q4 24
$4.5B
$19.3B
Q3 24
$4.5B
$19.9B
Q2 24
$4.3B
$19.8B
Q1 24
$4.2B
$19.8B
Debt / Equity
MHO
MHO
OVV
OVV
Q4 25
0.46×
Q3 25
0.51×
Q2 25
0.51×
Q1 25
0.55×
Q4 24
0.53×
Q3 24
0.55×
Q2 24
0.59×
Q1 24
0.60×

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
OVV
OVV
Operating Cash FlowLast quarter
$-8.7M
$954.0M
Free Cash FlowOCF − Capex
$-13.0M
$489.0M
FCF MarginFCF / Revenue
-1.1%
23.8%
Capex IntensityCapex / Revenue
0.4%
22.6%
Cash ConversionOCF / Net Profit
-0.14×
1.01×
TTM Free Cash FlowTrailing 4 quarters
$127.7M
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MHO
MHO
OVV
OVV
Q4 25
$-8.7M
$954.0M
Q3 25
$43.4M
$812.0M
Q2 25
$37.8M
$1.0B
Q1 25
$64.9M
$873.0M
Q4 24
$104.4M
$1.0B
Q3 24
$-67.9M
$1.0B
Q2 24
$27.5M
$1.0B
Q1 24
$115.8M
$659.0M
Free Cash Flow
MHO
MHO
OVV
OVV
Q4 25
$-13.0M
$489.0M
Q3 25
$42.0M
$268.0M
Q2 25
$35.1M
$492.0M
Q1 25
$63.5M
$256.0M
Q4 24
$102.3M
$468.0M
Q3 24
$-68.5M
$484.0M
Q2 24
$22.0M
$398.0M
Q1 24
$115.5M
$68.0M
FCF Margin
MHO
MHO
OVV
OVV
Q4 25
-1.1%
23.8%
Q3 25
3.7%
13.3%
Q2 25
3.0%
22.2%
Q1 25
6.5%
10.8%
Q4 24
8.5%
21.4%
Q3 24
-6.0%
22.2%
Q2 24
2.0%
18.1%
Q1 24
11.0%
2.8%
Capex Intensity
MHO
MHO
OVV
OVV
Q4 25
0.4%
22.6%
Q3 25
0.1%
26.9%
Q2 25
0.2%
23.5%
Q1 25
0.1%
26.0%
Q4 24
0.2%
25.3%
Q3 24
0.1%
24.7%
Q2 24
0.5%
28.4%
Q1 24
0.0%
24.8%
Cash Conversion
MHO
MHO
OVV
OVV
Q4 25
-0.14×
1.01×
Q3 25
0.41×
5.49×
Q2 25
0.31×
3.30×
Q1 25
0.58×
Q4 24
0.78×
Q3 24
-0.47×
2.02×
Q2 24
0.19×
3.00×
Q1 24
0.84×
1.95×

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%

OVV
OVV

Product And Service Revenue$1.7B84%
Sales Of Purchased Product$338.0M16%

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