MHO vs. DFH

Last updated Apr 1, 2026

Compare and contrast key facts about M/I Homes, Inc. (MHO) and Dream Finders Homes, Inc. (DFH).

Performance

MHO vs. DFH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in M/I Homes, Inc. (MHO) and Dream Finders Homes, Inc. (DFH). The values are adjusted to include any dividend payments, if applicable.

MHO vs. DFH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MHO M/I Homes, Inc.	-4.30%	-3.76%	-3.48%	198.27%	-25.73%	17.50%
DFH Dream Finders Homes, Inc.	-18.60%	-26.51%	-34.51%	310.28%	-55.48%	-7.16%

Fundamentals

Market Cap MHO : $3.28B DFH : $1.41B
EPS MHO : $14.74 DFH : $2.15
PE Ratio MHO : 8.31 DFH : 6.49
PEG Ratio MHO : 1.70 DFH : 0.26
PS Ratio MHO : 0.76 DFH : 0.33
PB Ratio MHO : 0.69 DFH : 1.10
Total Revenue (TTM) MHO : $4.42B DFH : $4.32B
Gross Profit (TTM) MHO : $1.02B DFH : $599.91M
EBITDA (TTM) MHO : $546.63M DFH : $233.03M

Returns By Period

In the year-to-date period, MHO achieves a -4.30% return, which is significantly higher than DFH's -18.60% return.

MHO

• 1D: 3.22%
• 1M: -13.86%
• YTD: -4.30%
• 6M: -15.22%
• 1Y: 7.24%
• 3Y*: 24.74%
• 5Y*: 14.90%
• 10Y*: 21.00%

DFH

• 1D: 3.26%
• 1M: -22.97%
• YTD: -18.60%
• 6M: -46.30%
• 1Y: -38.30%
• 3Y*: 1.66%
• 5Y*: -11.01%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MHO vs. DFH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MHO

MHO Risk / Return Rank: 47
MHO Sharpe Ratio Rank: 50
MHO Sortino Ratio Rank: 44
MHO Omega Ratio Rank: 42
MHO Calmar Ratio Rank: 50
MHO Martin Ratio Rank: 50

DFH

DFH Risk / Return Rank: 13
DFH Sharpe Ratio Rank: 10
DFH Sortino Ratio Rank: 11
DFH Omega Ratio Rank: 14
DFH Calmar Ratio Rank: 18
DFH Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MHO vs. DFH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for M/I Homes, Inc. (MHO) and Dream Finders Homes, Inc. (DFH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MHO	DFH	Difference
Sharpe ratio Return per unit of total volatility	0.20	-0.74	+0.95
Sortino ratio Return per unit of downside risk	0.57	-1.05	+1.62
Omega ratio Gain probability vs. loss probability	1.07	0.89	+0.18
Calmar ratio Return relative to maximum drawdown	0.32	-0.68	+1.00
Martin ratio Return relative to average drawdown	0.68	-1.37	+2.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MHO vs. DFH - Sharpe Ratio Comparison

The current MHO Sharpe Ratio is 0.20, which is higher than the DFH Sharpe Ratio of -0.74. The chart below compares the historical Sharpe Ratios of MHO and DFH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MHO	DFH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.20	-0.74	+0.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	-0.20	+0.58
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	-0.13	+0.32

Correlation

The correlation between MHO and DFH is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MHO vs. DFH - Dividend Comparison

Neither MHO nor DFH has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

MHO vs. DFH - Drawdown Comparison

The maximum MHO drawdown since its inception was -91.51%, which is greater than DFH's maximum drawdown of -75.38%. Use the drawdown chart below to compare losses from any high point for MHO and DFH.

Drawdown Indicators

	MHO	DFH	Difference
Max Drawdown Largest peak-to-trough decline	-91.51%	-75.38%	-16.13%
Max Drawdown (1Y) Largest decline over 1 year	-24.60%	-56.79%	+32.19%
Max Drawdown (5Y) Largest decline over 5 years	-51.52%	-75.38%	+23.86%
Max Drawdown (10Y) Largest decline over 10 years	-79.57%	—	—
Current Drawdown Current decline from peak	-30.00%	-68.17%	+38.17%
Average Drawdown Average peak-to-trough decline	-41.18%	-40.97%	-0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.73%	28.14%	-16.41%

Volatility

MHO vs. DFH - Volatility Comparison

The current volatility for M/I Homes, Inc. (MHO) is 8.42%, while Dream Finders Homes, Inc. (DFH) has a volatility of 14.00%. This indicates that MHO experiences smaller price fluctuations and is considered to be less risky than DFH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MHO	DFH	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.42%	14.00%	-5.58%
Volatility (6M) Calculated over the trailing 6-month period	22.94%	32.52%	-9.58%
Volatility (1Y) Calculated over the trailing 1-year period	35.51%	51.71%	-16.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.16%	55.21%	-16.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.92%	56.43%	-10.51%

Financials

MHO vs. DFH - Profitability Comparison

The chart below illustrates the profitability comparison between M/I Homes, Inc. and Dream Finders Homes, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MHO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, M/I Homes, Inc. reported a gross profit of 207.71M and revenue of 1.15B. Therefore, the gross margin over that period was 18.1%.

DFH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Dream Finders Homes, Inc. reported a gross profit of 0.00 and revenue of 1.21B. Therefore, the gross margin over that period was 0.0%.

MHO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, M/I Homes, Inc. reported an operating income of 74.64M and revenue of 1.15B, resulting in an operating margin of 6.5%.

DFH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Dream Finders Homes, Inc. reported an operating income of 0.00 and revenue of 1.21B, resulting in an operating margin of 0.0%.

MHO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, M/I Homes, Inc. reported a net income of 63.97M and revenue of 1.15B, resulting in a net margin of 5.6%.

DFH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Dream Finders Homes, Inc. reported a net income of 58.72M and revenue of 1.21B, resulting in a net margin of 4.8%.