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Side-by-side financial comparison of M/I HOMES, INC. (MHO) and Virtu Financial, Inc. (VIRT). 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 $1.1B, roughly 1.0× Virtu Financial, Inc.). Virtu Financial, Inc. runs the higher net margin — 31.6% vs 5.6%, a 26.1% gap on every dollar of revenue. On growth, Virtu Financial, Inc. posted the faster year-over-year revenue change (30.7% vs -4.8%). Over the past eight quarters, Virtu Financial, Inc.'s revenue compounded faster (25.7% 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.
Virtu Financial, Inc. is an American high-frequency trading company. The company went public on the Nasdaq in 2015.
MHO vs VIRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $1.1B |
| Net Profit | $64.0M | $346.6M |
| Gross Margin | 17.4% | — |
| Operating Margin | 6.5% | 37.4% |
| Net Margin | 5.6% | 31.6% |
| Revenue YoY | -4.8% | 30.7% |
| Net Profit YoY | -52.1% | 82.8% |
| EPS (diluted) | $2.42 | $1.99 |
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 | — | $1.1B | ||
| Q4 25 | $1.1B | $969.9M | ||
| Q3 25 | $1.1B | $824.8M | ||
| Q2 25 | $1.2B | $999.6M | ||
| Q1 25 | $976.1M | $837.9M | ||
| Q4 24 | $1.2B | $834.3M | ||
| Q3 24 | $1.1B | $706.8M | ||
| Q2 24 | $1.1B | $693.0M |
| Q1 26 | — | $346.6M | ||
| Q4 25 | $64.0M | $139.9M | ||
| Q3 25 | $106.5M | $77.6M | ||
| Q2 25 | $121.2M | $151.2M | ||
| Q1 25 | $111.2M | $99.7M | ||
| Q4 24 | $133.5M | $94.1M | ||
| Q3 24 | $145.4M | $60.0M | ||
| Q2 24 | $146.7M | $66.6M |
| 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 | — | 37.4% | ||
| Q4 25 | 6.5% | 35.4% | ||
| Q3 25 | 12.0% | 21.8% | ||
| Q2 25 | 13.4% | 34.7% | ||
| Q1 25 | 14.4% | 26.7% | ||
| Q4 24 | 13.6% | 24.3% | ||
| Q3 24 | 15.9% | 20.8% | ||
| Q2 24 | 16.8% | 22.4% |
| Q1 26 | — | 31.6% | ||
| Q4 25 | 5.6% | 14.4% | ||
| Q3 25 | 9.4% | 9.4% | ||
| Q2 25 | 10.4% | 15.1% | ||
| Q1 25 | 11.4% | 11.9% | ||
| Q4 24 | 11.1% | 11.3% | ||
| Q3 24 | 12.7% | 8.5% | ||
| Q2 24 | 13.2% | 9.6% |
| Q1 26 | — | $1.99 | ||
| Q4 25 | $2.42 | $1.54 | ||
| Q3 25 | $3.92 | $0.86 | ||
| Q2 25 | $4.42 | $1.65 | ||
| Q1 25 | $3.98 | $1.08 | ||
| Q4 24 | $4.71 | $1.03 | ||
| Q3 24 | $5.10 | $0.64 | ||
| Q2 24 | $5.12 | $0.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $973.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.2B | $2.2B |
| Total Assets | $4.8B | $25.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $973.2M | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $707.9M | ||
| Q2 25 | — | $752.1M | ||
| Q1 25 | — | $723.6M | ||
| Q4 24 | — | $872.5M | ||
| Q3 24 | — | $701.4M | ||
| Q2 24 | — | $684.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B |
| Q1 26 | — | $2.2B | ||
| Q4 25 | $3.2B | $1.6B | ||
| Q3 25 | $3.1B | $1.5B | ||
| Q2 25 | $3.1B | $1.4B | ||
| Q1 25 | $3.0B | $1.3B | ||
| Q4 24 | $2.9B | $1.3B | ||
| Q3 24 | $2.8B | $1.2B | ||
| Q2 24 | $2.7B | $1.2B |
| Q1 26 | — | $25.1B | ||
| Q4 25 | $4.8B | $20.2B | ||
| Q3 25 | $4.8B | $21.3B | ||
| Q2 25 | $4.7B | $19.3B | ||
| Q1 25 | $4.6B | $17.5B | ||
| Q4 24 | $4.5B | $15.4B | ||
| Q3 24 | $4.5B | $14.4B | ||
| Q2 24 | $4.3B | $13.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.29× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 1.33× | ||
| Q4 24 | — | 1.39× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 1.41× |
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 | $518.4M | ||
| Q3 25 | $43.4M | $-68.7M | ||
| Q2 25 | $37.8M | $62.8M | ||
| Q1 25 | $64.9M | $15.0M | ||
| Q4 24 | $104.4M | $599.0M | ||
| Q3 24 | $-67.9M | $112.1M | ||
| Q2 24 | $27.5M | $490.8M |
| Q1 26 | — | — | ||
| Q4 25 | $-13.0M | $495.6M | ||
| Q3 25 | $42.0M | $-76.7M | ||
| Q2 25 | $35.1M | $57.6M | ||
| Q1 25 | $63.5M | $9.2M | ||
| Q4 24 | $102.3M | $586.6M | ||
| Q3 24 | $-68.5M | $106.2M | ||
| Q2 24 | $22.0M | $486.9M |
| Q1 26 | — | — | ||
| Q4 25 | -1.1% | 51.1% | ||
| Q3 25 | 3.7% | -9.3% | ||
| Q2 25 | 3.0% | 5.8% | ||
| Q1 25 | 6.5% | 1.1% | ||
| Q4 24 | 8.5% | 70.3% | ||
| Q3 24 | -6.0% | 15.0% | ||
| Q2 24 | 2.0% | 70.3% |
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 2.4% | ||
| Q3 25 | 0.1% | 1.0% | ||
| Q2 25 | 0.2% | 0.5% | ||
| Q1 25 | 0.1% | 0.7% | ||
| Q4 24 | 0.2% | 1.5% | ||
| Q3 24 | 0.1% | 0.8% | ||
| Q2 24 | 0.5% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | -0.14× | 3.71× | ||
| Q3 25 | 0.41× | -0.89× | ||
| Q2 25 | 0.31× | 0.42× | ||
| Q1 25 | 0.58× | 0.15× | ||
| Q4 24 | 0.78× | 6.37× | ||
| Q3 24 | -0.47× | 1.87× | ||
| Q2 24 | 0.19× | 7.37× |
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% |
VIRT
| Trading income, net | $789.1M | 72% |
| Commissions, net and technology services | $186.6M | 17% |
| Other | $119.6M | 11% |
