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Side-by-side financial comparison of M/I HOMES, INC. (MHO) and Tapestry, Inc. (TPR). Click either name above to swap in a different company.
Tapestry, Inc. is the larger business by last-quarter revenue ($1.9B vs $1.1B, roughly 1.7× M/I HOMES, INC.). Tapestry, Inc. runs the higher net margin — 17.9% vs 5.6%, a 12.3% gap on every dollar of revenue. On growth, Tapestry, Inc. posted the faster year-over-year revenue change (21.0% vs -4.8%). Over the past eight quarters, Tapestry, Inc.'s revenue compounded faster (9.9% 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.
Tapestry, Inc. is a leading American multinational luxury fashion holding company. It owns three iconic lifestyle brands: Coach, Kate Spade New York, and Stuart Weitzman, offering premium handbags, apparel, footwear, accessories, and fragrances to global consumers via physical retail stores and e-commerce platforms.
MHO vs TPR — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.9B |
| Net Profit | $64.0M | $343.8M |
| Gross Margin | 17.4% | 76.9% |
| Operating Margin | 6.5% | 22.3% |
| Net Margin | 5.6% | 17.9% |
| Revenue YoY | -4.8% | 21.0% |
| Net Profit YoY | -52.1% | — |
| EPS (diluted) | $2.42 | $1.65 |
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 | — | $1.9B | ||
| Q4 25 | $1.1B | $2.5B | ||
| Q3 25 | $1.1B | $1.7B | ||
| Q2 25 | $1.2B | $1.7B | ||
| Q1 25 | $976.1M | $1.6B | ||
| Q4 24 | $1.2B | $2.2B | ||
| Q3 24 | $1.1B | $1.5B | ||
| Q2 24 | $1.1B | $1.6B |
| Q1 26 | — | $343.8M | ||
| Q4 25 | $64.0M | $561.3M | ||
| Q3 25 | $106.5M | $274.8M | ||
| Q2 25 | $121.2M | $-517.1M | ||
| Q1 25 | $111.2M | $203.3M | ||
| Q4 24 | $133.5M | $310.4M | ||
| Q3 24 | $145.4M | $186.6M | ||
| Q2 24 | $146.7M | $159.3M |
| Q1 26 | — | 76.9% | ||
| Q4 25 | 17.4% | 75.5% | ||
| Q3 25 | 24.5% | 76.3% | ||
| Q2 25 | 24.7% | 76.3% | ||
| Q1 25 | 25.9% | 76.1% | ||
| Q4 24 | 24.6% | 74.4% | ||
| Q3 24 | 27.1% | 75.3% | ||
| Q2 24 | 27.9% | 74.9% |
| Q1 26 | — | 22.3% | ||
| Q4 25 | 6.5% | 28.6% | ||
| Q3 25 | 12.0% | 19.3% | ||
| Q2 25 | 13.4% | -33.9% | ||
| Q1 25 | 14.4% | 16.0% | ||
| Q4 24 | 13.6% | 22.4% | ||
| Q3 24 | 15.9% | 16.7% | ||
| Q2 24 | 16.8% | 14.8% |
| Q1 26 | — | 17.9% | ||
| Q4 25 | 5.6% | 22.4% | ||
| Q3 25 | 9.4% | 16.1% | ||
| Q2 25 | 10.4% | -30.0% | ||
| Q1 25 | 11.4% | 12.8% | ||
| Q4 24 | 11.1% | 14.1% | ||
| Q3 24 | 12.7% | 12.4% | ||
| Q2 24 | 13.2% | 10.0% |
| Q1 26 | — | $1.65 | ||
| Q4 25 | $2.42 | $2.68 | ||
| Q3 25 | $3.92 | $1.28 | ||
| Q2 25 | $4.42 | $-2.30 | ||
| Q1 25 | $3.98 | $0.95 | ||
| Q4 24 | $4.71 | $1.38 | ||
| Q3 24 | $5.10 | $0.79 | ||
| Q2 24 | $5.12 | $0.67 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.1B |
| Total DebtLower is stronger | — | $2.4B |
| Stockholders' EquityBook value | $3.2B | $682.4M |
| Total Assets | $4.8B | $6.5B |
| Debt / EquityLower = less leverage | — | 3.48× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.1B | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $743.2M | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $7.3B | ||
| Q2 24 | — | $7.2B |
| Q1 26 | — | $2.4B | ||
| Q4 25 | — | $2.4B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $7.0B | ||
| Q2 24 | — | $6.9B |
| Q1 26 | — | $682.4M | ||
| Q4 25 | $3.2B | $551.2M | ||
| Q3 25 | $3.1B | $399.5M | ||
| Q2 25 | $3.1B | $857.8M | ||
| Q1 25 | $3.0B | $1.5B | ||
| Q4 24 | $2.9B | $1.3B | ||
| Q3 24 | $2.8B | $3.0B | ||
| Q2 24 | $2.7B | $2.9B |
| Q1 26 | — | $6.5B | ||
| Q4 25 | $4.8B | $6.5B | ||
| Q3 25 | $4.8B | $6.4B | ||
| Q2 25 | $4.7B | $6.6B | ||
| Q1 25 | $4.6B | $7.3B | ||
| Q4 24 | $4.5B | $7.3B | ||
| Q3 24 | $4.5B | $13.7B | ||
| Q2 24 | $4.3B | $13.4B |
| Q1 26 | — | 3.48× | ||
| Q4 25 | — | 4.32× | ||
| Q3 25 | — | 5.95× | ||
| Q2 25 | — | 2.77× | ||
| Q1 25 | — | 1.59× | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | — | 2.35× | ||
| Q2 24 | — | 2.39× |
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 | $1.1B | ||
| Q3 25 | $43.4M | $112.6M | ||
| Q2 25 | $37.8M | $446.8M | ||
| Q1 25 | $64.9M | $144.3M | ||
| Q4 24 | $104.4M | $506.0M | ||
| Q3 24 | $-67.9M | $119.5M | ||
| Q2 24 | $27.5M | $256.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-13.0M | $1.0B | ||
| Q3 25 | $42.0M | $80.2M | ||
| Q2 25 | $35.1M | $411.5M | ||
| Q1 25 | $63.5M | $113.4M | ||
| Q4 24 | $102.3M | $475.1M | ||
| Q3 24 | $-68.5M | $93.9M | ||
| Q2 24 | $22.0M | $209.8M |
| Q1 26 | — | — | ||
| Q4 25 | -1.1% | 41.5% | ||
| Q3 25 | 3.7% | 4.7% | ||
| Q2 25 | 3.0% | 23.9% | ||
| Q1 25 | 6.5% | 7.2% | ||
| Q4 24 | 8.5% | 21.6% | ||
| Q3 24 | -6.0% | 6.2% | ||
| Q2 24 | 2.0% | 13.2% |
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 1.7% | ||
| Q3 25 | 0.1% | 1.9% | ||
| Q2 25 | 0.2% | 2.0% | ||
| Q1 25 | 0.1% | 2.0% | ||
| Q4 24 | 0.2% | 1.4% | ||
| Q3 24 | 0.1% | 1.7% | ||
| Q2 24 | 0.5% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | -0.14× | 1.93× | ||
| Q3 25 | 0.41× | 0.41× | ||
| Q2 25 | 0.31× | — | ||
| Q1 25 | 0.58× | 0.71× | ||
| Q4 24 | 0.78× | 1.63× | ||
| Q3 24 | -0.47× | 0.64× | ||
| Q2 24 | 0.19× | 1.61× |
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% |
TPR
Segment breakdown not available.
