PHM vs. MHO
PHM (PulteGroup, Inc.) and MHO (M/I Homes, Inc.) are both stocks. Both operate in the Residential Construction industry within the Consumer Cyclical sector. Over the past 10 years, PHM returned 21.09%/yr vs 20.77%/yr for MHO. Their 0.63 correlation means they have sometimes moved together and sometimes differently.
Performance
PHM vs. MHO - Performance Comparison
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Returns By Period
In the year-to-date period, PHM achieves a 8.31% return, which is significantly lower than MHO's 14.21% return. Both investments have delivered pretty close results over the past 10 years, with PHM having a 21.09% annualized return and MHO not far behind at 20.77%.
PHM
- 1D
- -1.76%
- 1M
- -5.39%
- 6M
- 1.53%
- YTD
- 8.31%
- 1Y
- 9.19%
- 3Y*
- 15.21%
- 5Y*
- 19.31%
- 10Y*
- 21.09%
- ALL TIME*
- 11.45%
MHO
- 1D
- -3.44%
- 1M
- -6.83%
- 6M
- 9.30%
- YTD
- 14.21%
- 1Y
- 19.15%
- 3Y*
- 13.67%
- 5Y*
- 17.69%
- 10Y*
- 20.77%
- ALL TIME*
- 9.84%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $34.66M | $33.80M | $34.43M | |
| $287.80M | $235.56M | $228.62M |
PHM vs. MHO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PHM PulteGroup, Inc. | 8.31% | 8.54% | 6.22% | 128.76% | -19.22% | 34.03% | 12.55% | 51.33% | -20.76% | 83.43% |
MHO M/I Homes, Inc. | 14.21% | -3.76% | -3.48% | 198.27% | -25.73% | 40.39% | 12.55% | 87.20% | -38.90% | 36.62% |
Correlation
The correlation between PHM and MHO is 0.82, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.82 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.84 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.80 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 1993 | 0.63 |
The correlation between PHM and MHO shifts across timeframes, from 0.63 (all time) to 0.84 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PHM:
$24.41B
MHO:
$3.77B
PHM:
$9.76
MHO:
$11.85
PHM:
12.96
MHO:
12.33
PHM:
0.92
MHO:
2.52
PHM:
1.51
MHO:
0.92
PHM:
1.88K
MHO:
1.19
PHM:
$16.41B
MHO:
$4.26B
PHM:
$4.01B
MHO:
$918.55M
PHM:
$2.40B
MHO:
$509.99M
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Return for Risk
PHM vs. MHO — Risk / Return Rank
PHM
MHO
PHM vs. MHO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PulteGroup, Inc. (PHM) and M/I Homes, Inc. (MHO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PHM | MHO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.13 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | 0.86 | -0.29 |
| Martin ratioReturn relative to average drawdown | 1.07 | 1.54 | -0.47 |
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Drawdowns
PHM vs. MHO - Drawdown Comparison
The maximum PHM drawdown since its inception was -92.40%, roughly equal to the maximum MHO drawdown of -91.51%. Use the drawdown chart below to compare losses from any high point for PHM and MHO.
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Drawdown Indicators
| PHM | MHO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.40% | -91.51% | -0.89% |
Max Drawdown (1Y)Largest decline over 1 year | -22.60% | -25.14% | +2.54% |
Max Drawdown (3Y)Largest decline over 3 years | -38.01% | -40.60% | +2.59% |
Max Drawdown (5Y)Largest decline over 5 years | -38.01% | -47.48% | +9.47% |
Max Drawdown (10Y)Largest decline over 10 years | -62.11% | -79.57% | +17.46% |
Current DrawdownCurrent decline from peak | -13.94% | -16.46% | +2.52% |
Average DrawdownAverage peak-to-trough decline | -35.40% | -40.97% | +5.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.11% | 14.06% | -1.95% |
Volatility
PHM vs. MHO - Volatility Comparison
PulteGroup, Inc. (PHM) has a higher volatility of 10.22% compared to M/I Homes, Inc. (MHO) at 8.27%. This indicates that PHM's price experiences larger fluctuations and is considered to be riskier than MHO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PHM | MHO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.22% | 8.27% | +1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 24.51% | 23.32% | +1.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.32% | 33.91% | -0.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.97% | 38.73% | -3.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.61% | 46.03% | -9.42% |
Dividends
PHM vs. MHO - Dividend Comparison
PHM's dividend yield for the trailing twelve months is around 0.79%, while MHO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MHO M/I Homes, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PHM PulteGroup, Inc. | 0.79% | 0.78% | 0.75% | 0.66% | 1.34% | 1.00% | 1.16% | 1.16% | 1.46% | 1.08% | 1.96% | 1.85% |
Financials
PHM vs. MHO - Financials Comparison
This section allows you to compare key financial metrics between PulteGroup, Inc. and M/I Homes, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PHM vs. MHO - Profitability Comparison
PHM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, PulteGroup, Inc. reported a gross profit of 825.45M and revenue of 3.98B. Therefore, the gross margin over that period was 20.7%.
MHO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, M/I Homes, Inc. reported a gross profit of 235.50M and revenue of 1.06B. Therefore, the gross margin over that period was 22.2%.
PHM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, PulteGroup, Inc. reported an operating income of 442.49M and revenue of 3.98B, resulting in an operating margin of 11.1%.
MHO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, M/I Homes, Inc. reported an operating income of 101.28M and revenue of 1.06B, resulting in an operating margin of 9.5%.
PHM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, PulteGroup, Inc. reported a net income of 472.00M and revenue of 3.98B, resulting in a net margin of 11.9%.
MHO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, M/I Homes, Inc. reported a net income of 79.07M and revenue of 1.06B, resulting in a net margin of 7.4%.
Frequently Asked Questions
PHM and MHO have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PHM has higher volatility (10.22%) compared to MHO (8.27%). In terms of maximum drawdown, PHM dropped -92.40% vs MHO's -91.51%.
MHO currently has the higher Sharpe Ratio (0.64 vs 0.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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