- CEO
- Robert H. Schottenstein
- Full Time Employees
- 1,760
- Sector
- Consumer Cyclical
- Industry
- Residential Construction
- Address
- 4131 Worth Avenue Columbus OH United States of America 43219-6011
- IPO Date
- Nov 3, 1993
- Business
- M/I Homes, Inc. is a publicly traded homebuilding company founded in 1976 and headquartered in Columbus, Ohio. The company operates primarily in the residential construction industry, specializing in the design, marketing, construction, and sale of single-family detached homes and attached townhomes. Its product portfolio caters to a broad range of homebuyers including first-time, move-up, luxury, and empty-nester customers. M/I Homes builds homes in approximately 213 communities across 17 major markets in 10 states including Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through two main homebuilding segments, Northern and Southern regions, and also provides financial services such as mortgage loans and title services supporting its homebuilding operations.
In addition to its core homebuilding business, M/I Homes has a vertically integrated model encompassing land acquisition, development, design, construction, marketing, and sales, which enables better control of the homebuilding process and customer experience. The company focuses on quality construction, innovative design with energy-efficient features, and premium locations, and offers a diverse range of floor plans targeted at different buyer segments. Its geographic footprint and diversified product offerings help mitigate market volatility, with a strong presence in the Midwest and Southeastern United States.
Recently, M/I Homes announced a new $250 million share repurchase authorization in November 2025, replacing a previous authorization with $80 million remaining, signaling the company's commitment to capital return and confidence in its valuation. The company also extended its credit facility to increase borrowing capacity from $650 million to $900 million with an extended maturity to September 2030, supporting ongoing operations and growth initiatives. M/I Homes continues to invest in expanding its market presence and product innovation to meet evolving customer needs across its operational regions.
Overall, M/I Homes, Inc. presents a comprehensive homebuilding business model with broad geographic coverage, a diverse product line including single-family homes and townhomes, and strategic financial initiatives to support growth and shareholder value creation. It is recognized as one of the nation’s leading builders of single-family homes with over 170,000 homes built across its markets since inception.
This detailed company profile references the company’s products, recent share repurchase plan, expanded credit facility, market operations, and founding background.