M (MHO) Tax Rate (2010 - 2026)

M's (MHO) quarterly Tax Rate came in at 23.93% in Q1 2026, up 5.0% year-on-year from 22.79% in Q1 2025, and up 16.24% on a QoQ basis 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.

  • On a quarterly basis, Tax Rate rose 5.0% year-over-year to 23.93% in Q1 2026; TTM through Mar 2026 was 23.45%, a 21.0% increase from a year earlier, with the FY2025 full-year figure at 23.48%, up 32.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 23.93%, up from 20.59% in the prior quarter.
  • Over the last five years, Tax Rate for MHO reached as high as 24.87% in Q1 2022 and fell as low as 20.55% in Q4 2022.
  • Historically, Tax Rate has averaged 23.18% across 5 years, with a median of 23.84% in 2025.
  • Across the five-year window, Tax Rate surged 314 bps in 2023 and tumbled 195 bps in 2024, its largest moves.
  • Year by year, Tax Rate stood at 20.55% in 2022, then climbed by 15 bps to 23.69% in 2023, then declined by 8 bps to 21.75% in 2024, then decreased by 5 bps to 20.59% in 2025, then increased by 16 bps to 23.93% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 23.93% in Q1 2026, 20.59% in Q4 2025, and 23.84% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 25.08%
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 24.17%
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn -
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 21.19%
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 25.62%
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 23.15%
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 26.11%
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn 23.74%
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn 18.34%
10 M 4.43 Bn 3.66 Bn 202.59 Mn 23.93%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 21.75%
Sep 30, 2024 22.91%
Sep 30, 2024 22.91%