# M/I Homes — Capital Time Machine

M/I Homes began homebuilding in 1976 and became a NYSE-listed public company in 1993. Its founder-led private history is different from a modern venture-backed startup.

Canonical citation: https://capitaltimemachine.com/private/mi-homes

Ticker: MHO
Sector: Homebuilding
Public-market route: Historical IPO
Evidence reviewed: 2026-09-24

## How to use this research

Selected historical funding and listing evidence, not a complete private cap table or live quote. Funding totals, company valuations and per-share prices are different measures. A hypothetical value is not actual sale proceeds; investor access is not established.

## Funding and listing history

### predecessor — Predecessor incorporation

Date: 1973
Event type: Formation

The filing distinguishes the predecessor’s incorporation from the start of homebuilding.

Source: [2010 Form 10-K](https://www.sec.gov/Archives/edgar/data/799292/000079929211000010/mihomes12311010k.htm)
Source location: Business overview: predecessor entities incorporated in 1973; homebuilding began in 1976.

### building — Homebuilding begins

Date: 1976
Event type: Operating milestone

M/I began its homebuilding operations under its founding family.

Source: [M/I Homes official history](https://www.mihomes.com/about-us/history)
Source location: Homebuilding origins, expansion and 1993 NYSE listing.

Source: [2010 Form 10-K](https://www.sec.gov/Archives/edgar/data/799292/000079929211000010/mihomes12311010k.htm)
Source location: Business overview: predecessor entities incorporated in 1973; homebuilding began in 1976.

### private — Private expansion

Date: 1976–1993
Event type: Historical private period

The company expanded before listing; the issuer history does not provide a priced venture-round sequence.

Source: [M/I Homes official history](https://www.mihomes.com/about-us/history)
Source location: Homebuilding origins, expansion and 1993 NYSE listing.

### listing — NYSE public listing

Date: 1993
Event type: Historical IPO

The official timeline places the public listing in 1993. No unverified offer price is used.

Source: [M/I Homes official history](https://www.mihomes.com/about-us/history)
Source location: Homebuilding origins, expansion and 1993 NYSE listing.

## Documented share calculations

No documented private share-price and conversion model is enabled. Users may enter their own comparable prices; do not infer a per-share entry price from aggregate funding or company valuations.

## Later share adjustments

No separate share-class distribution is modeled.

## Coverage gaps and limitations

- No complete pre-IPO priced-round register or preferred-to-common conversion history is established in the reviewed sources.

- A listing date does not establish an IPO offer price.

- Earlier predecessor incorporation dates should not be confused with the 1976 start of homebuilding or the 1993 public listing.

Entered prices and later-date share-basis assumptions are unverified. Excludes fees, taxes, dividends, warrants and other distributions; fractional shares are illustrative. Historical investor allocations, minimums and selling rights are not established.

Methodology: https://capitaltimemachine.com/methodology

Research terms: https://capitaltimemachine.com/terms