Century Communities vs M/I Homes

Add, change or remove companies; up to four.

KIRA’s take AI analyst

I put Century Communities and M/I Homes side by side, using each one’s latest annual report. Here is what stands out:

M/I Homes is the larger business, with $4.4B of revenue in fiscal 2025 against $4.1B for Century Communities.
M/I Homes grew revenue faster (−1.9%, against −6.4%).
Investors pay more for each dollar of Century Communities’s earnings: a P/E of 12.6x against 11.8x for M/I Homes.

Who comes out ahead

Of the 6 measures where higher (or lower) is clearly better, how many each company leads.

Century Communities

CCS

2/6

FCF marginShare count change

M/I Homes

MHO

4/6

Revenue growth5-year growthNet marginReturn on equity

Side by side

Best in the row

Latest fiscal year	CCS FY25	MHO FY25
Size
Market cap	$1.6B	$3.2B
Revenue	$4.1B	$4.4B
Free cash flow	$124M	$128M
Net income	$148M	$403M
Growth
Revenue growth	−6.4%	−1.9%
5-year growth	5.4%	7.7%
Share count change	−5.5%	−4.4%
Profitability
Gross margin	—	23.0%
Operating margin	—	11.5%
Net margin	3.6%	9.1%
FCF margin	3.0%	2.9%
Return on capital	—	—
Return on equity	5.7%	13.2%
Balance sheet
Net debt	—	—
Net debt / EBITDA	—	—
Dividends and buybacks	$178M	$202M
Valuation & quality
P/E	12.6x	11.8x
Piotroski F-score	—	—

Ten years

Revenue

FY16

CCS $994M

MHO $1.7B

FY17

CCS $1.4B

MHO $2.0B

FY18

CCS $2.1B

MHO $2.3B

FY19

CCS $2.5B

MHO $2.5B

FY20

CCS $3.2B

MHO $3.0B

FY21

CCS $4.2B

MHO $3.7B

FY22

CCS $4.5B

MHO $4.1B

FY23

CCS $3.7B

MHO $4.0B

FY24

CCS $4.4B

MHO $4.5B

FY25

CCS $4.1B

MHO $4.4B

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

CCS MHO

Operating margin

FY16

CCS 7.2%

MHO 6.4%

FY17

CCS —

MHO 7.1%

FY18

CCS —

MHO 7.1%

FY19

CCS —

MHO 7.5%

FY20

CCS —

MHO 10.5%

FY21

CCS —

MHO 13.8%

FY22

CCS —

MHO 15.4%

FY23

CCS —

MHO 14.6%

FY24

CCS —

MHO 15.7%

FY25

CCS —

MHO 11.5%

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

CCS MHO

Free cash flow

FY16

CCS −$52.5M

MHO $21.1M

FY17

CCS −$129M

MHO −$62.0M

FY18

CCS −$211M

MHO −$10.7M

FY19

CCS −$85.6M

MHO $61.1M

FY20

CCS $332M

MHO $157M

FY21

CCS −$210M

MHO −$42.1M

FY22

CCS $295M

MHO $175M

FY23

CCS −$1.7M

MHO $546M

FY24

CCS $86.7M

MHO $171M

FY25

CCS $124M

MHO $128M

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

CCS MHO

Return on capital

FY16

CCS 7.3%

MHO —

FY17

CCS —

MHO —

FY18

CCS —

MHO —

FY19

CCS —

MHO —

FY20

CCS —

MHO —

FY21

CCS —

MHO —

FY22

CCS —

MHO —

FY23

CCS —

MHO —

FY24

CCS —

MHO —

FY25

CCS —

MHO —

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

CCS MHO

Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.