M (MHO) Tax Rate (2010 - 2026)

M (MHO) reported Tax Rate of 23.93% for Q1 2026, up 6.0% year-over-year from 22.58% in Q1 2025, and up 16.24% quarter-over-quarter from 20.59% in Q4 2025.

M (MHO) Tax Rate (2010 - 2026) Analysis & Trends

M (MHO) has 17 years of Tax Rate data on file, last reported at 23.93% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 23.93%, up 6.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.44% (up 19.0% YoY), and the FY2025 annual result was 23.48%, up 32.0% from the prior year.
  • Tax Rate improved to 23.93% in Q1 2026 per MHO's latest filing, from 20.59% in the prior quarter.
  • Over five years, Tax Rate peaked at 24.89% in Q2 2022 and troughed at 20.55% in Q4 2022.
  • A 5-year average of 23.18% and a median of 23.82% in 2025 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate soared 316 bps in 2023, then slumped 197 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 20.55% in 2022, then increased by 15 bps to 23.71% in 2023, then decreased by 8 bps to 21.74% in 2024, then decreased by 5 bps to 20.59% in 2025, then advanced by 16 bps to 23.93% in 2026.
  • Business Quant data shows MHO's Tax Rate at 23.93% in Q1 2026, 20.59% in Q4 2025, and 23.82% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Horton D R 43.54 Bn 42.20 Bn 1.70 Bn 24.14%
2 Pultegroup 23.57 Bn 21.76 Bn 881.27 Mn 22.79%
3 Lennar 22.65 Bn 20.45 Bn 6.36 Bn -
4 Nvr 17.80 Bn 16.15 Bn 1.31 Bn 21.19%
5 Toll Brothers 13.73 Bn 12.64 Bn 604.89 Mn 25.63%
6 Taylor Morrison Home 6.88 Bn 6.88 Bn 290.64 Mn 23.15%
7 Installed Building Products 5.53 Bn 5.05 Bn 212.30 Mn 26.11%
8 Meritage Homes 4.85 Bn 4.09 Bn -269,000.00 23.74%
9 Cavco Industries 4.56 Bn 4.52 Bn 135.92 Mn 23.49%
10 M 3.65 Bn 2.88 Bn 202.59 Mn 23.93%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.93%
Mar 31, 2026 23.93%
Dec 31, 2025 20.59%
Dec 31, 2025 20.59%
Sep 30, 2025 23.82%
Sep 30, 2025 23.82%
Jun 30, 2025 24.27%
Jun 30, 2025 24.27%
Mar 31, 2025 23.87%
Mar 31, 2025 23.87%
Dec 31, 2024 21.74%
Dec 31, 2024 21.74%
Sep 30, 2024 22.91%
Sep 30, 2024 22.91%
Jun 30, 2024 24.42%
Jun 30, 2024 24.42%
Mar 31, 2024 23.40%
Mar 31, 2024 23.40%
Dec 31, 2023 23.71%
Dec 31, 2023 23.71%