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Side-by-side financial comparison of M/I HOMES, INC. (MHO) and SouthState Bank Corp (SSB). 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 $661.7M, roughly 1.7× SouthState Bank Corp). SouthState Bank Corp runs the higher net margin — 34.1% vs 5.6%, a 28.6% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% 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.
SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.
MHO vs SSB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $661.7M |
| Net Profit | $64.0M | $225.8M |
| Gross Margin | 17.4% | — |
| Operating Margin | 6.5% | 15.1% |
| Net Margin | 5.6% | 34.1% |
| Revenue YoY | -4.8% | — |
| Net Profit YoY | -52.1% | 153.5% |
| EPS (diluted) | $2.42 | $2.28 |
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.
| Q1 26 | — | $661.7M | ||
| Q4 25 | $1.1B | $581.1M | ||
| Q3 25 | $1.1B | $599.7M | ||
| Q2 25 | $1.2B | $577.9M | ||
| Q1 25 | $976.1M | $544.5M | ||
| Q4 24 | $1.2B | $369.8M | ||
| Q3 24 | $1.1B | $351.5M | ||
| Q2 24 | $1.1B | $350.3M |
| Q1 26 | — | $225.8M | ||
| Q4 25 | $64.0M | $247.7M | ||
| Q3 25 | $106.5M | $246.6M | ||
| Q2 25 | $121.2M | $215.2M | ||
| Q1 25 | $111.2M | $89.1M | ||
| Q4 24 | $133.5M | $144.2M | ||
| Q3 24 | $145.4M | $143.2M | ||
| Q2 24 | $146.7M | $132.4M |
| Q1 26 | — | — | ||
| 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 26 | — | 15.1% | ||
| Q4 25 | 6.5% | 54.3% | ||
| Q3 25 | 12.0% | 53.6% | ||
| Q2 25 | 13.4% | 48.8% | ||
| Q1 25 | 14.4% | 22.3% | ||
| Q4 24 | 13.6% | 50.7% | ||
| Q3 24 | 15.9% | 53.1% | ||
| Q2 24 | 16.8% | 49.3% |
| Q1 26 | — | 34.1% | ||
| Q4 25 | 5.6% | 42.6% | ||
| Q3 25 | 9.4% | 41.1% | ||
| Q2 25 | 10.4% | 37.2% | ||
| Q1 25 | 11.4% | 16.4% | ||
| Q4 24 | 11.1% | 39.0% | ||
| Q3 24 | 12.7% | 40.7% | ||
| Q2 24 | 13.2% | 37.8% |
| Q1 26 | — | $2.28 | ||
| Q4 25 | $2.42 | $2.47 | ||
| Q3 25 | $3.92 | $2.42 | ||
| Q2 25 | $4.42 | $2.11 | ||
| Q1 25 | $3.98 | $0.87 | ||
| Q4 24 | $4.71 | $1.88 | ||
| Q3 24 | $5.10 | $1.86 | ||
| Q2 24 | $5.12 | $1.73 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $2.9B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.2B | $9.0B |
| Total Assets | $4.8B | $68.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.9B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $9.0B | ||
| Q4 25 | $3.2B | $9.1B | ||
| Q3 25 | $3.1B | $9.0B | ||
| Q2 25 | $3.1B | $8.8B | ||
| Q1 25 | $3.0B | $8.6B | ||
| Q4 24 | $2.9B | $5.9B | ||
| Q3 24 | $2.8B | $5.9B | ||
| Q2 24 | $2.7B | $5.7B |
| Q1 26 | — | $68.0B | ||
| Q4 25 | $4.8B | $67.2B | ||
| Q3 25 | $4.8B | $66.0B | ||
| Q2 25 | $4.7B | $65.9B | ||
| Q1 25 | $4.6B | $65.1B | ||
| Q4 24 | $4.5B | $46.4B | ||
| Q3 24 | $4.5B | $46.1B | ||
| Q2 24 | $4.3B | $45.5B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-8.7M | — |
| Free Cash FlowOCF − Capex | $-13.0M | — |
| FCF MarginFCF / Revenue | -1.1% | — |
| Capex IntensityCapex / Revenue | 0.4% | — |
| Cash ConversionOCF / Net Profit | -0.14× | — |
| TTM Free Cash FlowTrailing 4 quarters | $127.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-8.7M | $232.1M | ||
| Q3 25 | $43.4M | $122.4M | ||
| Q2 25 | $37.8M | $72.6M | ||
| Q1 25 | $64.9M | $-126.3M | ||
| Q4 24 | $104.4M | $354.3M | ||
| Q3 24 | $-67.9M | $-246.8M | ||
| Q2 24 | $27.5M | $126.8M |
| Q1 26 | — | — | ||
| Q4 25 | $-13.0M | $215.5M | ||
| Q3 25 | $42.0M | $101.7M | ||
| Q2 25 | $35.1M | $52.5M | ||
| Q1 25 | $63.5M | $-139.1M | ||
| Q4 24 | $102.3M | $340.9M | ||
| Q3 24 | $-68.5M | $-254.2M | ||
| Q2 24 | $22.0M | $117.3M |
| Q1 26 | — | — | ||
| Q4 25 | -1.1% | 37.1% | ||
| Q3 25 | 3.7% | 17.0% | ||
| Q2 25 | 3.0% | 9.1% | ||
| Q1 25 | 6.5% | -25.5% | ||
| Q4 24 | 8.5% | 92.2% | ||
| Q3 24 | -6.0% | -72.3% | ||
| Q2 24 | 2.0% | 33.5% |
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 2.9% | ||
| Q3 25 | 0.1% | 3.5% | ||
| Q2 25 | 0.2% | 3.5% | ||
| Q1 25 | 0.1% | 2.4% | ||
| Q4 24 | 0.2% | 3.6% | ||
| Q3 24 | 0.1% | 2.1% | ||
| Q2 24 | 0.5% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | -0.14× | 0.94× | ||
| Q3 25 | 0.41× | 0.50× | ||
| Q2 25 | 0.31× | 0.34× | ||
| Q1 25 | 0.58× | -1.42× | ||
| Q4 24 | 0.78× | 2.46× | ||
| Q3 24 | -0.47× | -1.72× | ||
| Q2 24 | 0.19× | 0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |
