Managing Growth and 2020 Highlights slide image

Managing Growth and 2020 Highlights

15 Q1 2021 Highlights All-time quarterly records for new contracts and pre-tax income First quarter records for homes delivered and revenue Financial Performance ($M, except ASP and EPS) Three Months Ended YOY 3/31/2021 3/31/2020 % change New contracts 3,109 2,089 +49% Avg. active communities 195 224 (13)% Homes delivered 2,019 1,495 +35% Average sales price ($000s) $395 $374 +6% Homebuilding revenue $799 $564 +42% Total revenue $829 $578 +43% Gross margin (%) 24.4% 20.2% Pre-tax income $110.3 $41.4 +167% Pre-tax margin (%) 13.3% 7.2% Earnings per share Basic Diluted $2.92 $1.11 +163% $2.85 $1.09 +161% M/I HOMES
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