Informed by expectation-value theory and related literature, the goal of the current investigation was to identify profiles of students drawn from three purposes of homework (academic, self-regulatory, and approval-seeking). Participants were 750 eleventh-grade students in China. Results from latent profile analysis (LPA) revealed identified four different profiles of students: Very Low Profile (very low in all purposes; 5.73%), Low Profile (low in all purposes; 30.40%), Moderate Profile (moderate in all purposes; 54.40%), and High Profile (high in all purposes; 9.47%). Results further revealed that student gender was associated with profile membership. Finally, profile membership was significantly related to homework effort and completion (with a medium effect size) in that, in general, the higher the homework purposes, the higher the homework effort and homework completion.