vs

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

SEALED AIR CORP is the larger business by last-quarter revenue ($1.4B vs $1.1B, roughly 1.2× M/I HOMES, INC.). M/I HOMES, INC. runs the higher net margin — 5.6% vs 3.1%, a 2.4% gap on every dollar of revenue. On growth, SEALED AIR CORP posted the faster year-over-year revenue change (2.6% vs -4.8%). SEALED AIR CORP produced more free cash flow last quarter ($257.7M vs $-13.0M). Over the past eight quarters, M/I HOMES, INC.'s revenue compounded faster (4.7% CAGR vs 2.7%).

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.

Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.

MHO vs SEE — Head-to-Head

Bigger by revenue
SEE
SEE
1.2× larger
SEE
$1.4B
$1.1B
MHO
Growing faster (revenue YoY)
SEE
SEE
+7.4% gap
SEE
2.6%
-4.8%
MHO
Higher net margin
MHO
MHO
2.4% more per $
MHO
5.6%
3.1%
SEE
More free cash flow
SEE
SEE
$270.7M more FCF
SEE
$257.7M
$-13.0M
MHO
Faster 2-yr revenue CAGR
MHO
MHO
Annualised
MHO
4.7%
2.7%
SEE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MHO
MHO
SEE
SEE
Revenue
$1.1B
$1.4B
Net Profit
$64.0M
$43.8M
Gross Margin
17.4%
28.6%
Operating Margin
6.5%
11.4%
Net Margin
5.6%
3.1%
Revenue YoY
-4.8%
2.6%
Net Profit YoY
-52.1%
700.0%
EPS (diluted)
$2.42
$0.30

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
SEE
SEE
Q4 25
$1.1B
$1.4B
Q3 25
$1.1B
$1.3B
Q2 25
$1.2B
$1.3B
Q1 25
$976.1M
$1.3B
Q4 24
$1.2B
$1.4B
Q3 24
$1.1B
$1.3B
Q2 24
$1.1B
$1.3B
Q1 24
$1.0B
$1.3B
Net Profit
MHO
MHO
SEE
SEE
Q4 25
$64.0M
$43.8M
Q3 25
$106.5M
$255.1M
Q2 25
$121.2M
$93.1M
Q1 25
$111.2M
$113.5M
Q4 24
$133.5M
$-7.3M
Q3 24
$145.4M
$91.7M
Q2 24
$146.7M
$98.3M
Q1 24
$138.1M
$82.0M
Gross Margin
MHO
MHO
SEE
SEE
Q4 25
17.4%
28.6%
Q3 25
24.5%
29.8%
Q2 25
24.7%
30.7%
Q1 25
25.9%
30.9%
Q4 24
24.6%
30.0%
Q3 24
27.1%
30.1%
Q2 24
27.9%
31.2%
Q1 24
27.1%
30.3%
Operating Margin
MHO
MHO
SEE
SEE
Q4 25
6.5%
11.4%
Q3 25
12.0%
13.8%
Q2 25
13.4%
15.0%
Q1 25
14.4%
14.5%
Q4 24
13.6%
11.7%
Q3 24
15.9%
13.9%
Q2 24
16.8%
15.4%
Q1 24
16.6%
14.0%
Net Margin
MHO
MHO
SEE
SEE
Q4 25
5.6%
3.1%
Q3 25
9.4%
19.0%
Q2 25
10.4%
7.0%
Q1 25
11.4%
9.0%
Q4 24
11.1%
-0.5%
Q3 24
12.7%
6.9%
Q2 24
13.2%
7.4%
Q1 24
13.2%
6.2%
EPS (diluted)
MHO
MHO
SEE
SEE
Q4 25
$2.42
$0.30
Q3 25
$3.92
$1.73
Q2 25
$4.42
$0.63
Q1 25
$3.98
$0.77
Q4 24
$4.71
$-0.05
Q3 24
$5.10
$0.63
Q2 24
$5.12
$0.67
Q1 24
$4.78
$0.56

Balance Sheet & Financial Strength

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

Metric
MHO
MHO
SEE
SEE
Cash + ST InvestmentsLiquidity on hand
$344.0M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$3.2B
$1.2B
Total Assets
$4.8B
$7.0B
Debt / EquityLower = less leverage
2.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MHO
MHO
SEE
SEE
Q4 25
$344.0M
Q3 25
$282.5M
Q2 25
$354.4M
Q1 25
$335.2M
Q4 24
$371.8M
Q3 24
$386.0M
Q2 24
$388.6M
Q1 24
$352.8M
Total Debt
MHO
MHO
SEE
SEE
Q4 25
$3.3B
Q3 25
$4.0B
Q2 25
$4.0B
Q1 25
$4.2B
Q4 24
$4.2B
Q3 24
$4.3B
Q2 24
$4.4B
Q1 24
$4.5B
Stockholders' Equity
MHO
MHO
SEE
SEE
Q4 25
$3.2B
$1.2B
Q3 25
$3.1B
$1.2B
Q2 25
$3.1B
$953.1M
Q1 25
$3.0B
$797.9M
Q4 24
$2.9B
$624.5M
Q3 24
$2.8B
$771.2M
Q2 24
$2.7B
$650.1M
Q1 24
$2.6B
$598.3M
Total Assets
MHO
MHO
SEE
SEE
Q4 25
$4.8B
$7.0B
Q3 25
$4.8B
$7.1B
Q2 25
$4.7B
$7.2B
Q1 25
$4.6B
$7.0B
Q4 24
$4.5B
$7.0B
Q3 24
$4.5B
$7.3B
Q2 24
$4.3B
$7.3B
Q1 24
$4.2B
$7.2B
Debt / Equity
MHO
MHO
SEE
SEE
Q4 25
2.65×
Q3 25
3.34×
Q2 25
4.18×
Q1 25
5.26×
Q4 24
6.72×
Q3 24
5.62×
Q2 24
6.81×
Q1 24
7.49×

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
SEE
SEE
Operating Cash FlowLast quarter
$-8.7M
$293.6M
Free Cash FlowOCF − Capex
$-13.0M
$257.7M
FCF MarginFCF / Revenue
-1.1%
18.5%
Capex IntensityCapex / Revenue
0.4%
2.6%
Cash ConversionOCF / Net Profit
-0.14×
6.70×
TTM Free Cash FlowTrailing 4 quarters
$127.7M
$458.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MHO
MHO
SEE
SEE
Q4 25
$-8.7M
$293.6M
Q3 25
$43.4M
$165.9M
Q2 25
$37.8M
$136.6M
Q1 25
$64.9M
$31.9M
Q4 24
$104.4M
$244.2M
Q3 24
$-67.9M
$170.5M
Q2 24
$27.5M
$188.2M
Q1 24
$115.8M
$125.1M
Free Cash Flow
MHO
MHO
SEE
SEE
Q4 25
$-13.0M
$257.7M
Q3 25
$42.0M
$119.6M
Q2 25
$35.1M
$93.2M
Q1 25
$63.5M
$-12.0M
Q4 24
$102.3M
$185.1M
Q3 24
$-68.5M
$115.2M
Q2 24
$22.0M
$129.5M
Q1 24
$115.5M
$78.0M
FCF Margin
MHO
MHO
SEE
SEE
Q4 25
-1.1%
18.5%
Q3 25
3.7%
8.9%
Q2 25
3.0%
7.0%
Q1 25
6.5%
-0.9%
Q4 24
8.5%
13.6%
Q3 24
-6.0%
8.6%
Q2 24
2.0%
9.7%
Q1 24
11.0%
5.9%
Capex Intensity
MHO
MHO
SEE
SEE
Q4 25
0.4%
2.6%
Q3 25
0.1%
3.4%
Q2 25
0.2%
3.3%
Q1 25
0.1%
3.5%
Q4 24
0.2%
4.4%
Q3 24
0.1%
4.1%
Q2 24
0.5%
4.4%
Q1 24
0.0%
3.6%
Cash Conversion
MHO
MHO
SEE
SEE
Q4 25
-0.14×
6.70×
Q3 25
0.41×
0.65×
Q2 25
0.31×
1.47×
Q1 25
0.58×
0.28×
Q4 24
0.78×
Q3 24
-0.47×
1.86×
Q2 24
0.19×
1.91×
Q1 24
0.84×
1.53×

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%

SEE
SEE

Protective Segment$1.1B78%
Other$292.0M21%
Pension Plans Defined Benefit$7.9M1%

Related Comparisons