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Side-by-side financial comparison of M/I HOMES, INC. (MHO) and Trade Desk (The) (TTD). 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 $846.8M, roughly 1.4× Trade Desk (The)). Trade Desk (The) runs the higher net margin — 22.1% vs 5.6%, a 16.5% gap on every dollar of revenue. On growth, Trade Desk (The) posted the faster year-over-year revenue change (14.3% vs -4.8%). Trade Desk (The) produced more free cash flow last quarter ($285.3M vs $-13.0M). Over the past eight quarters, Trade Desk (The)'s revenue compounded faster (31.3% 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.
The Trade Desk, Inc. is an American multinational technology company that specializes in real-time programmatic marketing automation technologies, products, and services, designed to personalize digital content delivery to users.
MHO vs TTD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $846.8M |
| Net Profit | $64.0M | $186.9M |
| Gross Margin | 17.4% | 80.7% |
| Operating Margin | 6.5% | 30.3% |
| Net Margin | 5.6% | 22.1% |
| Revenue YoY | -4.8% | 14.3% |
| Net Profit YoY | -52.1% | 2.6% |
| EPS (diluted) | $2.42 | $0.39 |
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.
| Q4 25 | $1.1B | $846.8M | ||
| Q3 25 | $1.1B | $739.4M | ||
| Q2 25 | $1.2B | $694.0M | ||
| Q1 25 | $976.1M | $616.0M | ||
| Q4 24 | $1.2B | $741.0M | ||
| Q3 24 | $1.1B | $628.0M | ||
| Q2 24 | $1.1B | $584.5M | ||
| Q1 24 | $1.0B | $491.3M |
| Q4 25 | $64.0M | $186.9M | ||
| Q3 25 | $106.5M | $115.5M | ||
| Q2 25 | $121.2M | $90.1M | ||
| Q1 25 | $111.2M | $50.7M | ||
| Q4 24 | $133.5M | $182.2M | ||
| Q3 24 | $145.4M | $94.2M | ||
| Q2 24 | $146.7M | $85.0M | ||
| Q1 24 | $138.1M | $31.7M |
| Q4 25 | 17.4% | 80.7% | ||
| Q3 25 | 24.5% | 78.1% | ||
| Q2 25 | 24.7% | 78.2% | ||
| Q1 25 | 25.9% | 76.8% | ||
| Q4 24 | 24.6% | 81.7% | ||
| Q3 24 | 27.1% | 80.5% | ||
| Q2 24 | 27.9% | 81.1% | ||
| Q1 24 | 27.1% | 78.9% |
| Q4 25 | 6.5% | 30.3% | ||
| Q3 25 | 12.0% | 21.8% | ||
| Q2 25 | 13.4% | 16.8% | ||
| Q1 25 | 14.4% | 8.8% | ||
| Q4 24 | 13.6% | 26.4% | ||
| Q3 24 | 15.9% | 17.3% | ||
| Q2 24 | 16.8% | 16.2% | ||
| Q1 24 | 16.6% | 5.8% |
| Q4 25 | 5.6% | 22.1% | ||
| Q3 25 | 9.4% | 15.6% | ||
| Q2 25 | 10.4% | 13.0% | ||
| Q1 25 | 11.4% | 8.2% | ||
| Q4 24 | 11.1% | 24.6% | ||
| Q3 24 | 12.7% | 15.0% | ||
| Q2 24 | 13.2% | 14.5% | ||
| Q1 24 | 13.2% | 6.4% |
| Q4 25 | $2.42 | $0.39 | ||
| Q3 25 | $3.92 | $0.23 | ||
| Q2 25 | $4.42 | $0.18 | ||
| Q1 25 | $3.98 | $0.10 | ||
| Q4 24 | $4.71 | $0.36 | ||
| Q3 24 | $5.10 | $0.19 | ||
| Q2 24 | $5.12 | $0.17 | ||
| Q1 24 | $4.78 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.2B | $2.5B |
| Total Assets | $4.8B | $6.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.4B |
| Q4 25 | $3.2B | $2.5B | ||
| Q3 25 | $3.1B | $2.6B | ||
| Q2 25 | $3.1B | $2.7B | ||
| Q1 25 | $3.0B | $2.7B | ||
| Q4 24 | $2.9B | $2.9B | ||
| Q3 24 | $2.8B | $2.6B | ||
| Q2 24 | $2.7B | $2.4B | ||
| Q1 24 | $2.6B | $2.2B |
| Q4 25 | $4.8B | $6.2B | ||
| Q3 25 | $4.8B | $5.9B | ||
| Q2 25 | $4.7B | $6.0B | ||
| Q1 25 | $4.6B | $5.7B | ||
| Q4 24 | $4.5B | $6.1B | ||
| Q3 24 | $4.5B | $5.5B | ||
| Q2 24 | $4.3B | $5.2B | ||
| Q1 24 | $4.2B | $4.7B |
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 | $311.6M |
| Free Cash FlowOCF − Capex | $-13.0M | $285.3M |
| FCF MarginFCF / Revenue | -1.1% | 33.7% |
| Capex IntensityCapex / Revenue | 0.4% | 3.1% |
| Cash ConversionOCF / Net Profit | -0.14× | 1.67× |
| TTM Free Cash FlowTrailing 4 quarters | $127.7M | $795.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-8.7M | $311.6M | ||
| Q3 25 | $43.4M | $224.7M | ||
| Q2 25 | $37.8M | $165.0M | ||
| Q1 25 | $64.9M | $291.4M | ||
| Q4 24 | $104.4M | $199.4M | ||
| Q3 24 | $-67.9M | $273.3M | ||
| Q2 24 | $27.5M | $81.3M | ||
| Q1 24 | $115.8M | $185.5M |
| Q4 25 | $-13.0M | $285.3M | ||
| Q3 25 | $42.0M | $158.3M | ||
| Q2 25 | $35.1M | $119.8M | ||
| Q1 25 | $63.5M | $232.3M | ||
| Q4 24 | $102.3M | $179.2M | ||
| Q3 24 | $-68.5M | $224.6M | ||
| Q2 24 | $22.0M | $59.1M | ||
| Q1 24 | $115.5M | $178.2M |
| Q4 25 | -1.1% | 33.7% | ||
| Q3 25 | 3.7% | 21.4% | ||
| Q2 25 | 3.0% | 17.3% | ||
| Q1 25 | 6.5% | 37.7% | ||
| Q4 24 | 8.5% | 24.2% | ||
| Q3 24 | -6.0% | 35.8% | ||
| Q2 24 | 2.0% | 10.1% | ||
| Q1 24 | 11.0% | 36.3% |
| Q4 25 | 0.4% | 3.1% | ||
| Q3 25 | 0.1% | 9.0% | ||
| Q2 25 | 0.2% | 6.5% | ||
| Q1 25 | 0.1% | 9.6% | ||
| Q4 24 | 0.2% | 2.7% | ||
| Q3 24 | 0.1% | 7.8% | ||
| Q2 24 | 0.5% | 3.8% | ||
| Q1 24 | 0.0% | 1.5% |
| Q4 25 | -0.14× | 1.67× | ||
| Q3 25 | 0.41× | 1.94× | ||
| Q2 25 | 0.31× | 1.83× | ||
| Q1 25 | 0.58× | 5.75× | ||
| Q4 24 | 0.78× | 1.09× | ||
| Q3 24 | -0.47× | 2.90× | ||
| Q2 24 | 0.19× | 0.96× | ||
| Q1 24 | 0.84× | 5.86× |
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% |
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
