M (MHO) Tax Rate (2010 - 2026)
M (MHO) posted quarterly Tax Rate of 24.39% for Q2 2026, up 9.0% year-over-year from 22.37% in Q2 2025, and up 1.91% on a QoQ basis from 23.93% in Q1 2026.
M (MHO) Tax Rate (2010 - 2026) Analysis & Trends
M has reported Tax Rate for 17 years, with the latest figure at 24.39% in Q2 2026.
- Tax Rate for Q2 2026 came in at 24.39%, up 9.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 23.35% (up 20.0% YoY), and the FY2025 annual result was 23.48%, up 32.0% from the prior year.
- Tax Rate grew to 24.39% in Q2 2026, from 23.93% in the prior quarter.
- Over five years, Tax Rate peaked at 24.89% in Q2 2022 and troughed at 20.54% in Q4 2025.
- A 5-year average of 23.25% and a median of 23.86% in 2025 frame the typical range for Tax Rate.
- The widest annual swing landed in 2023, when Tax Rate surged 314 bps; it then sank 195 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 20.55% in 2022, then gained by 15 bps to 23.69% in 2023, then declined by 8 bps to 21.74% in 2024, then slipped by 6 bps to 20.54% in 2025, then climbed by 19 bps to 24.39% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 24.39% in Q2 2026, 23.93% in Q1 2026, and 20.54% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.90 Bn | 39.76 Bn | 2.15 Bn | 25.08% |
| 2 | Pultegroup | 24.44 Bn | 23.06 Bn | 1.06 Bn | 24.17% |
| 3 | Lennar | 20.88 Bn | 18.70 Bn | 7.69 Bn | - |
| 4 | Nvr | 17.20 Bn | 16.11 Bn | 485.14 Mn | 25.79% |
| 5 | Toll Brothers | 13.98 Bn | 12.88 Bn | 604.89 Mn | 25.63% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 23.15% |
| 7 | Installed Building Products | 6.60 Bn | 6.20 Bn | 258.90 Mn | 23.74% |
| 8 | Champion Homes | 5.09 Bn | 4.45 Bn | - | - |
| 9 | Meritage Homes | 4.73 Bn | 3.92 Bn | 254.14 Mn | 24.83% |
| 10 | M | 3.91 Bn | 3.18 Bn | 235.50 Mn | 24.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.39% |
| Jun 30, 2026 | 24.39% |
| Jun 30, 2026 | 24.39% |
| Mar 31, 2026 | 23.93% |
| Mar 31, 2026 | 23.93% |
| Mar 31, 2026 | 23.93% |
| Dec 31, 2025 | 20.59% |
| Dec 31, 2025 | 20.59% |
| Dec 31, 2025 | 20.59% |
| Sep 30, 2025 | 23.84% |
| Sep 30, 2025 | 23.84% |
| Sep 30, 2025 | 23.84% |
| Jun 30, 2025 | 24.30% |
| Jun 30, 2025 | 24.30% |
| Jun 30, 2025 | 24.30% |
| Mar 31, 2025 | 23.88% |
| Mar 31, 2025 | 23.88% |
| Mar 31, 2025 | 23.88% |
| Dec 31, 2024 | 21.75% |
| Dec 31, 2024 | 21.75% |