KB Home (KBH) vs M/I Homes (MHO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
M/I Homes (MHO) has outperformed KB Home (KBH) over the past year, losing 4.0% versus a loss of 28.1%. Over five years, MHO leads with a +118.2% price change compared with +10.3% for KBH. M/I Homes is the larger company by market cap ($3.29 billion vs $2.70 billion), about 1.2 times the size.
On valuation, M/I Homes trades at a lower forward P/E (9.2x vs 11.9x for KB Home). KB Home pays a dividend yielding 2.25%, while M/I Homes does not currently pay one. M/I Homes converts more of its revenue into profit, with a net margin of 9.1% versus 6.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | KBH | MHO |
|---|---|---|
| Share price | $44.37 | $130.17 |
| Market cap | $2.70B | $3.29B |
| 1-day change | +0.89% | +0.66% |
| YTD return | -22.04% | +1.74% |
| 1-year return | -28.10% | -3.99% |
| 5-year return | +10.25% | +118.22% |
| P/E ratio (TTM) | 12.50 | 10.93 |
| Forward P/E | 11.91 | 9.25 |
| EPS (TTM) | $3.55 | $11.91 |
| Dividend yield | 2.25% | 0.00% |
| Annual dividend | $1.00 | $0.00 |
| Revenue (latest FY) | $6.24B | $4.42B |
| Revenue growth (YoY) | -10.01% | -1.93% |
| Net income (latest FY) | $428.79M | $402.94M |
| Gross margin | — | 23.03% |
| Operating margin | — | 11.47% |
| Net margin | 6.88% | 9.12% |
| 52-week high | $67.57 | $163.66 |
| 52-week low | $43.37 | $116.78 |
| Distance from 52-week high | -34.33% | -20.46% |
| Analyst consensus | hold | none |
| Avg. price target upside | +19.61% | +31.11% |
| Average volume | 1.23M | 208.17K |
| Shares outstanding | 60.80M | 25.28M |
| Employees | 2,118 | 1,801 |
| Sector | Consumer Cyclical | Consumer Cyclical |
| Industry | Residential Construction | Residential Construction |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- MHO has outperformed KBH by 24.1 percentage points over the past year.
- KB Home offers a meaningfully higher dividend yield (2.25% vs 0.00%).
- M/I Homes grew revenue faster in its latest fiscal year (-1.93% vs -10.01%).
About KB Home
KBH stock →KB Home operates as a homebuilding company in the United States. It builds and sells homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, first move-up, second move-up, and active adult homebuyers.
Consumer Cyclical · Residential Construction · 2,118 employees
About M/I Homes
MHO stock →M/I Homes, Inc., together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments.
Consumer Cyclical · Residential Construction · 1,801 employees
KBH vs MHO FAQ
Which is bigger, KB Home or M/I Homes?
M/I Homes (MHO) is larger, with a market capitalization of $3.29B compared with $2.70B for KB Home (KBH).
Which stock has performed better over the past year, KBH or MHO?
MHO returned -3.99% over the past 12 months, compared with -28.10% for KBH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, KBH or MHO?
MHO has the lower trailing P/E at 10.9, versus 12.5 for KBH. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, KB Home or M/I Homes?
KB Home pays a dividend yielding 2.25%, while M/I Homes does not currently pay a regular dividend.
Are KB Home and M/I Homes in the same industry?
Yes. Both are classified in the Residential Construction industry within the Consumer Cyclical sector.