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Side-by-side financial comparison of M/I HOMES, INC. (MHO) and Park Hotels & Resorts Inc. (PK). 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 $629.0M, roughly 1.8× Park Hotels & Resorts Inc.). M/I HOMES, INC. runs the higher net margin — 5.6% vs -32.6%, a 38.2% gap on every dollar of revenue. On growth, Park Hotels & Resorts Inc. posted the faster year-over-year revenue change (0.6% vs -4.8%). Park Hotels & Resorts Inc. produced more free cash flow last quarter ($-3.0M vs $-13.0M). Over the past eight quarters, M/I HOMES, INC.'s revenue compounded faster (4.7% CAGR vs -0.8%).

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.

Park Hotels & Resorts is an American real estate investment trust (REIT) focused on hotel properties, based in Tysons, Virginia. It was formed in 2017 as a spin-off from Hilton Worldwide.

MHO vs PK — Head-to-Head

Bigger by revenue
MHO
MHO
1.8× larger
MHO
$1.1B
$629.0M
PK
Growing faster (revenue YoY)
PK
PK
+5.4% gap
PK
0.6%
-4.8%
MHO
Higher net margin
MHO
MHO
38.2% more per $
MHO
5.6%
-32.6%
PK
More free cash flow
PK
PK
$10.0M more FCF
PK
$-3.0M
$-13.0M
MHO
Faster 2-yr revenue CAGR
MHO
MHO
Annualised
MHO
4.7%
-0.8%
PK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MHO
MHO
PK
PK
Revenue
$1.1B
$629.0M
Net Profit
$64.0M
$-205.0M
Gross Margin
17.4%
Operating Margin
6.5%
-26.1%
Net Margin
5.6%
-32.6%
Revenue YoY
-4.8%
0.6%
Net Profit YoY
-52.1%
-410.6%
EPS (diluted)
$2.42
$-1.04

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
PK
PK
Q4 25
$1.1B
$629.0M
Q3 25
$1.1B
$610.0M
Q2 25
$1.2B
$672.0M
Q1 25
$976.1M
$630.0M
Q4 24
$1.2B
$625.0M
Q3 24
$1.1B
$649.0M
Q2 24
$1.1B
$686.0M
Q1 24
$1.0B
$639.0M
Net Profit
MHO
MHO
PK
PK
Q4 25
$64.0M
$-205.0M
Q3 25
$106.5M
$-16.0M
Q2 25
$121.2M
$-5.0M
Q1 25
$111.2M
$-57.0M
Q4 24
$133.5M
$66.0M
Q3 24
$145.4M
$54.0M
Q2 24
$146.7M
$64.0M
Q1 24
$138.1M
$28.0M
Gross Margin
MHO
MHO
PK
PK
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
PK
PK
Q4 25
6.5%
-26.1%
Q3 25
12.0%
9.7%
Q2 25
13.4%
9.7%
Q1 25
14.4%
1.1%
Q4 24
13.6%
13.3%
Q3 24
15.9%
14.6%
Q2 24
16.8%
17.6%
Q1 24
16.6%
14.4%
Net Margin
MHO
MHO
PK
PK
Q4 25
5.6%
-32.6%
Q3 25
9.4%
-2.6%
Q2 25
10.4%
-0.7%
Q1 25
11.4%
-9.0%
Q4 24
11.1%
10.6%
Q3 24
12.7%
8.3%
Q2 24
13.2%
9.3%
Q1 24
13.2%
4.4%
EPS (diluted)
MHO
MHO
PK
PK
Q4 25
$2.42
$-1.04
Q3 25
$3.92
$-0.08
Q2 25
$4.42
$-0.02
Q1 25
$3.98
$-0.29
Q4 24
$4.71
$0.32
Q3 24
$5.10
$0.26
Q2 24
$5.12
$0.30
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
MHO
MHO
PK
PK
Cash + ST InvestmentsLiquidity on hand
$232.0M
Total DebtLower is stronger
$3.9B
Stockholders' EquityBook value
$3.2B
$3.1B
Total Assets
$4.8B
$7.7B
Debt / EquityLower = less leverage
1.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MHO
MHO
PK
PK
Q4 25
$232.0M
Q3 25
$278.0M
Q2 25
$319.0M
Q1 25
$233.0M
Q4 24
$402.0M
Q3 24
$480.0M
Q2 24
$449.0M
Q1 24
$378.0M
Total Debt
MHO
MHO
PK
PK
Q4 25
$3.9B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$3.9B
Q4 24
$3.9B
Q3 24
$3.9B
Q2 24
$3.9B
Q1 24
$3.8B
Stockholders' Equity
MHO
MHO
PK
PK
Q4 25
$3.2B
$3.1B
Q3 25
$3.1B
$3.4B
Q2 25
$3.1B
$3.4B
Q1 25
$3.0B
$3.5B
Q4 24
$2.9B
$3.6B
Q3 24
$2.8B
$3.8B
Q2 24
$2.7B
$3.8B
Q1 24
$2.6B
$3.8B
Total Assets
MHO
MHO
PK
PK
Q4 25
$4.8B
$7.7B
Q3 25
$4.8B
$8.8B
Q2 25
$4.7B
$8.9B
Q1 25
$4.6B
$8.9B
Q4 24
$4.5B
$9.2B
Q3 24
$4.5B
$9.2B
Q2 24
$4.3B
$9.2B
Q1 24
$4.2B
$9.1B
Debt / Equity
MHO
MHO
PK
PK
Q4 25
1.23×
Q3 25
1.14×
Q2 25
1.12×
Q1 25
1.11×
Q4 24
1.06×
Q3 24
1.03×
Q2 24
1.03×
Q1 24
1.00×

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
PK
PK
Operating Cash FlowLast quarter
$-8.7M
$105.0M
Free Cash FlowOCF − Capex
$-13.0M
$-3.0M
FCF MarginFCF / Revenue
-1.1%
-0.5%
Capex IntensityCapex / Revenue
0.4%
17.2%
Cash ConversionOCF / Net Profit
-0.14×
TTM Free Cash FlowTrailing 4 quarters
$127.7M
$102.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MHO
MHO
PK
PK
Q4 25
$-8.7M
$105.0M
Q3 25
$43.4M
$99.0M
Q2 25
$37.8M
$108.0M
Q1 25
$64.9M
$86.0M
Q4 24
$104.4M
$80.0M
Q3 24
$-67.9M
$140.0M
Q2 24
$27.5M
$117.0M
Q1 24
$115.8M
$92.0M
Free Cash Flow
MHO
MHO
PK
PK
Q4 25
$-13.0M
$-3.0M
Q3 25
$42.0M
$31.0M
Q2 25
$35.1M
$65.0M
Q1 25
$63.5M
$9.0M
Q4 24
$102.3M
$17.0M
Q3 24
$-68.5M
$97.0M
Q2 24
$22.0M
$66.0M
Q1 24
$115.5M
$22.0M
FCF Margin
MHO
MHO
PK
PK
Q4 25
-1.1%
-0.5%
Q3 25
3.7%
5.1%
Q2 25
3.0%
9.7%
Q1 25
6.5%
1.4%
Q4 24
8.5%
2.7%
Q3 24
-6.0%
14.9%
Q2 24
2.0%
9.6%
Q1 24
11.0%
3.4%
Capex Intensity
MHO
MHO
PK
PK
Q4 25
0.4%
17.2%
Q3 25
0.1%
11.1%
Q2 25
0.2%
6.4%
Q1 25
0.1%
12.2%
Q4 24
0.2%
10.1%
Q3 24
0.1%
6.6%
Q2 24
0.5%
7.4%
Q1 24
0.0%
11.0%
Cash Conversion
MHO
MHO
PK
PK
Q4 25
-0.14×
Q3 25
0.41×
Q2 25
0.31×
Q1 25
0.58×
Q4 24
0.78×
1.21×
Q3 24
-0.47×
2.59×
Q2 24
0.19×
1.83×
Q1 24
0.84×
3.29×

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%

PK
PK

Occupancy$371.0M59%
Food And Beverage$173.0M28%
Ancillary Hotel$61.0M10%
Hotel Other$24.0M4%

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