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| Date | Value |
|---|---|
| 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% |