M/I Homes (MHO) vs Thor Industries (THO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
M/I Homes (MHO) has outperformed Thor Industries (THO) over the past year, losing 5.1% versus a loss of 37.0%. Over five years, MHO leads with a +118.2% price change compared with -39.1% for THO. Thor Industries is the larger company by market cap ($3.41 billion vs $3.29 billion), about 1.0 times the size.
On valuation, M/I Homes trades at a lower forward P/E (9.3x vs 13.6x for Thor Industries). Thor Industries pays a dividend yielding 3.15%, 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 1.8%.
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 | MHO | THO |
|---|---|---|
| Share price | $130.31 | $66.07 |
| Market cap | $3.29B | $3.41B |
| 1-day change | +0.77% | +0.35% |
| YTD return | +1.07% | -35.87% |
| 1-year return | -5.07% | -37.01% |
| 5-year return | +118.22% | -39.07% |
| P/E ratio (TTM) | 10.94 | 19.55 |
| Forward P/E | 9.25 | 13.62 |
| EPS (TTM) | $11.91 | $3.38 |
| Dividend yield | 0.00% | 3.15% |
| Annual dividend | $0.00 | $2.08 |
| Revenue (latest FY) | $4.42B | $9.61B |
| Revenue growth (YoY) | -1.93% | +0.30% |
| Net income (latest FY) | $402.94M | $177.54M |
| Gross margin | 23.03% | 12.62% |
| Operating margin | 11.47% | — |
| Net margin | 9.12% | 1.85% |
| 52-week high | $163.66 | $122.83 |
| 52-week low | $116.78 | $64.83 |
| Distance from 52-week high | -20.38% | -46.21% |
| Analyst consensus | none | hold |
| Avg. price target upside | +30.97% | +27.44% |
| Average volume | 208.74K | 688.91K |
| Shares outstanding | 25.28M | 51.61M |
| Employees | 1,801 | 19,500 |
| Sector | Consumer Discretionary | Industrials |
| Industry | Homebuilding | Homebuilding |
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 THO by 31.9 percentage points over the past year.
- Thor Industries trades at a higher earnings multiple (19.5x vs 10.9x trailing P/E).
- Thor Industries offers a meaningfully higher dividend yield (3.15% vs 0.00%).
- M/I Homes is more profitable, keeping 9.1 cents of every revenue dollar as net income versus 1.8 cents for Thor Industries.
- The two companies sit in different sectors: M/I Homes in Consumer Discretionary and Thor Industries in Industrials.
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 Discretionary · Homebuilding · 1,801 employees
About Thor Industries
THO stock →THOR Industries, Inc. manufactures and sells recreational vehicles (RVs), and related parts and accessories in the United States, Germany, rest of Europe, Canada, and internationally.
Industrials · Homebuilding · 19,500 employees
MHO vs THO FAQ
Which is bigger, M/I Homes or Thor Industries?
Thor Industries (THO) is larger, with a market capitalization of $3.41B compared with $3.29B for M/I Homes (MHO).
Which stock has performed better over the past year, MHO or THO?
MHO returned -5.07% over the past 12 months, compared with -37.01% for THO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MHO or THO?
MHO has the lower trailing P/E at 10.9, versus 19.5 for THO. 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, M/I Homes or Thor Industries?
Thor Industries pays a dividend yielding 3.15%, while M/I Homes does not currently pay a regular dividend.
Are M/I Homes and Thor Industries in the same industry?
Yes. Both are classified in the Homebuilding industry within the Consumer Discretionary sector.