Meritage Homes (MTH) Asset Utilization Ratio (2011 - 2026)
Meritage Homes' (MTH) Asset Utilization Ratio was 1.42 for Q2 2026, down 11.3% from 1.60 a year earlier and down 3.6% from the prior quarter.
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Analysis
Meritage Homes (MTH) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Meritage Homes was 1.58, down 16.3% from FY2024.
- Asset Utilization Ratio has declined for three consecutive years.
- By year, Asset Utilization Ratio came in at 1.89 in FY2024 (-6.6%), 2.02 in FY2023 (-14.9%), 2.37 in FY2022 (+0.3%) and 2.37 in FY2021 (-4.3%).
- The Q2 2026 figure ranks as the lowest quarterly Asset Utilization Ratio since Q1 2020.
- Year over year, Asset Utilization Ratio has now declined in each of the last nine quarters, with an average decline of 13.3% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q2 2023 (growth of 17.3%); the low point was Q3 2021 (a decline of 17.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.48 (Q1 2026), 1.52 (Q4 2025) and 1.55 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn | 0.93 |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn | 0.90 |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn | 0.98 |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn | 1.72 |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn | 0.74 |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 0.78 |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn | 1.42 |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn | 0.88 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.42 |
| Mar 31, 2026 | 1.48 |
| Dec 31, 2025 | 1.52 |
| Sep 30, 2025 | 1.55 |
| Jun 30, 2025 | 1.60 |
| Mar 31, 2025 | 1.69 |
| Dec 31, 2024 | 1.79 |
| Sep 30, 2024 | 1.83 |
| Jun 30, 2024 | 1.92 |
| Mar 31, 2024 | 1.97 |
| Dec 31, 2023 | 1.95 |
| Sep 30, 2023 | 2.11 |
| Jun 30, 2023 | 2.15 |
| Mar 31, 2023 | 1.91 |
| Dec 31, 2022 | 1.96 |
| Sep 30, 2022 | 1.87 |
| Jun 30, 2022 | 1.84 |
| Mar 31, 2022 | 1.90 |
| Dec 31, 2021 | 1.92 |
| Sep 30, 2021 | 1.66 |
API Access
Meritage Homes Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MTH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MTH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();