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Side-by-side financial comparison of M/I HOMES, INC. (MHO) and Royalty Pharma plc (RPRX). 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 $622.0M, roughly 1.8× Royalty Pharma plc). Royalty Pharma plc runs the higher net margin — 34.4% vs 5.6%, a 28.9% gap on every dollar of revenue. On growth, Royalty Pharma plc posted the faster year-over-year revenue change (4.8% vs -4.8%). Over the past eight quarters, M/I HOMES, INC.'s revenue compounded faster (4.7% CAGR vs 4.6%).

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.

Acceleron Pharma, Inc. is an American clinical stage biopharmaceutical company based in Cambridge, Massachusetts with a broad focus on developing medicines that regulate the transforming growth factor beta (TGF-β) superfamily of proteins, which play fundamental roles in the growth and repair of cells and tissues such as red blood cells, muscle, bone, and blood vessels.

MHO vs RPRX — Head-to-Head

Bigger by revenue
MHO
MHO
1.8× larger
MHO
$1.1B
$622.0M
RPRX
Growing faster (revenue YoY)
RPRX
RPRX
+9.6% gap
RPRX
4.8%
-4.8%
MHO
Higher net margin
RPRX
RPRX
28.9% more per $
RPRX
34.4%
5.6%
MHO
Faster 2-yr revenue CAGR
MHO
MHO
Annualised
MHO
4.7%
4.6%
RPRX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MHO
MHO
RPRX
RPRX
Revenue
$1.1B
$622.0M
Net Profit
$64.0M
$214.2M
Gross Margin
17.4%
Operating Margin
6.5%
62.4%
Net Margin
5.6%
34.4%
Revenue YoY
-4.8%
4.8%
Net Profit YoY
-52.1%
2.9%
EPS (diluted)
$2.42
$0.49

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
RPRX
RPRX
Q4 25
$1.1B
$622.0M
Q3 25
$1.1B
$609.3M
Q2 25
$1.2B
$578.7M
Q1 25
$976.1M
$568.2M
Q4 24
$1.2B
$593.6M
Q3 24
$1.1B
$564.7M
Q2 24
$1.1B
$537.3M
Q1 24
$1.0B
$568.0M
Net Profit
MHO
MHO
RPRX
RPRX
Q4 25
$64.0M
$214.2M
Q3 25
$106.5M
$288.2M
Q2 25
$121.2M
$30.2M
Q1 25
$111.2M
$238.3M
Q4 24
$133.5M
$208.2M
Q3 24
$145.4M
$544.0M
Q2 24
$146.7M
$102.0M
Q1 24
$138.1M
$4.8M
Gross Margin
MHO
MHO
RPRX
RPRX
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
RPRX
RPRX
Q4 25
6.5%
62.4%
Q3 25
12.0%
70.1%
Q2 25
13.4%
36.3%
Q1 25
14.4%
94.0%
Q4 24
13.6%
60.9%
Q3 24
15.9%
Q2 24
16.8%
50.2%
Q1 24
16.6%
-13.0%
Net Margin
MHO
MHO
RPRX
RPRX
Q4 25
5.6%
34.4%
Q3 25
9.4%
47.3%
Q2 25
10.4%
5.2%
Q1 25
11.4%
41.9%
Q4 24
11.1%
35.1%
Q3 24
12.7%
96.3%
Q2 24
13.2%
19.0%
Q1 24
13.2%
0.8%
EPS (diluted)
MHO
MHO
RPRX
RPRX
Q4 25
$2.42
$0.49
Q3 25
$3.92
$0.67
Q2 25
$4.42
$0.07
Q1 25
$3.98
$0.55
Q4 24
$4.71
$0.46
Q3 24
$5.10
$1.21
Q2 24
$5.12
$0.23
Q1 24
$4.78
$0.01

Balance Sheet & Financial Strength

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

Metric
MHO
MHO
RPRX
RPRX
Cash + ST InvestmentsLiquidity on hand
$618.7M
Total DebtLower is stronger
$9.0B
Stockholders' EquityBook value
$3.2B
$9.7B
Total Assets
$4.8B
$19.6B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MHO
MHO
RPRX
RPRX
Q4 25
$618.7M
Q3 25
$938.9M
Q2 25
$631.9M
Q1 25
$1.1B
Q4 24
$929.0M
Q3 24
$950.1M
Q2 24
$1.8B
Q1 24
$843.0M
Total Debt
MHO
MHO
RPRX
RPRX
Q4 25
$9.0B
Q3 25
$8.9B
Q2 25
$8.0B
Q1 25
$7.6B
Q4 24
$7.6B
Q3 24
$7.6B
Q2 24
$7.6B
Q1 24
$6.1B
Stockholders' Equity
MHO
MHO
RPRX
RPRX
Q4 25
$3.2B
$9.7B
Q3 25
$3.1B
$9.6B
Q2 25
$3.1B
$9.5B
Q1 25
$3.0B
$9.8B
Q4 24
$2.9B
$10.3B
Q3 24
$2.8B
$10.3B
Q2 24
$2.7B
$9.8B
Q1 24
$2.6B
$9.9B
Total Assets
MHO
MHO
RPRX
RPRX
Q4 25
$4.8B
$19.6B
Q3 25
$4.8B
$19.3B
Q2 25
$4.7B
$18.3B
Q1 25
$4.6B
$17.6B
Q4 24
$4.5B
$18.2B
Q3 24
$4.5B
$18.0B
Q2 24
$4.3B
$17.7B
Q1 24
$4.2B
$16.1B
Debt / Equity
MHO
MHO
RPRX
RPRX
Q4 25
0.92×
Q3 25
0.93×
Q2 25
0.84×
Q1 25
0.78×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.78×
Q1 24
0.62×

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
RPRX
RPRX
Operating Cash FlowLast quarter
$-8.7M
$827.1M
Free Cash FlowOCF − Capex
$-13.0M
FCF MarginFCF / Revenue
-1.1%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
-0.14×
3.86×
TTM Free Cash FlowTrailing 4 quarters
$127.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MHO
MHO
RPRX
RPRX
Q4 25
$-8.7M
$827.1M
Q3 25
$43.4M
$702.6M
Q2 25
$37.8M
$364.0M
Q1 25
$64.9M
$596.1M
Q4 24
$104.4M
$742.5M
Q3 24
$-67.9M
$703.6M
Q2 24
$27.5M
$658.2M
Q1 24
$115.8M
$664.6M
Free Cash Flow
MHO
MHO
RPRX
RPRX
Q4 25
$-13.0M
Q3 25
$42.0M
Q2 25
$35.1M
Q1 25
$63.5M
Q4 24
$102.3M
Q3 24
$-68.5M
Q2 24
$22.0M
Q1 24
$115.5M
FCF Margin
MHO
MHO
RPRX
RPRX
Q4 25
-1.1%
Q3 25
3.7%
Q2 25
3.0%
Q1 25
6.5%
Q4 24
8.5%
Q3 24
-6.0%
Q2 24
2.0%
Q1 24
11.0%
Capex Intensity
MHO
MHO
RPRX
RPRX
Q4 25
0.4%
Q3 25
0.1%
Q2 25
0.2%
Q1 25
0.1%
Q4 24
0.2%
Q3 24
0.1%
Q2 24
0.5%
Q1 24
0.0%
Cash Conversion
MHO
MHO
RPRX
RPRX
Q4 25
-0.14×
3.86×
Q3 25
0.41×
2.44×
Q2 25
0.31×
12.06×
Q1 25
0.58×
2.50×
Q4 24
0.78×
3.57×
Q3 24
-0.47×
1.29×
Q2 24
0.19×
6.45×
Q1 24
0.84×
139.10×

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%

RPRX
RPRX

Financial Royalty Assets$592.4M95%
Royalty Income Other$29.6M5%

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