Meritage Homes (MTH) Consolidated Net Income (2010 - 2026)
Meritage Homes (MTH) reported Consolidated Net Income of $55.3 million for Q1 2026, down 54.96% year-over-year from $122.8 million in Q1 2025, and down 34.18% quarter-over-quarter from $84.0 million in Q4 2025.
Meritage Homes (MTH) Consolidated Net Income (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has 17 years of Consolidated Net Income data on file, last reported at $55.3 million in Q1 2026.
- Consolidated Net Income for Q1 2026 came in at $55.3 million, down 54.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $385.5 million (down 46.68% YoY), and the FY2025 annual result was $453.0 million, down 42.38% from the prior year.
- Consolidated Net Income retreated to $55.3 million in Q1 2026 per MTH's latest filing, from $84.0 million in the prior quarter.
- Over five years, Consolidated Net Income peaked at $262.5 million in Q3 2022 and troughed at $55.3 million in Q1 2026.
- A 5-year average of $178.0 million and a median of $186.8 million in 2023 frame the typical range for Consolidated Net Income.
- The sharpest annual moves came in 2022 and 2026: Consolidated Net Income jumped 64.78% in 2022, then tumbled 54.96% in 2026.
- A 5-year view of Consolidated Net Income shows it stood at $262.4 million in 2022, then retreated by 24.21% to $198.9 million in 2023, then dropped by 13.18% to $172.6 million in 2024, then slumped by 51.33% to $84.0 million in 2025, then sank by 34.18% to $55.3 million in 2026.
- Business Quant data shows MTH's Consolidated Net Income at $55.3 million in Q1 2026, $84.0 million in Q4 2025, and $99.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 658.00 Mn |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 347.00 Mn |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | 302.45 Mn |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 198.36 Mn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 260.56 Mn |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 100.43 Mn |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 34.80 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | 55.31 Mn |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 44.07 Mn |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn | 55.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 55.31 Mn |
| Dec 31, 2025 | 84.03 Mn |
| Sep 30, 2025 | 99.30 Mn |
| Jun 30, 2025 | 146.88 Mn |
| Mar 31, 2025 | 122.81 Mn |
| Dec 31, 2024 | 172.65 Mn |
| Sep 30, 2024 | 195.97 Mn |
| Jun 30, 2024 | 231.56 Mn |
| Mar 31, 2024 | 186.02 Mn |
| Dec 31, 2023 | 198.85 Mn |
| Sep 30, 2023 | 221.76 Mn |
| Jun 30, 2023 | 186.84 Mn |
| Mar 31, 2023 | 131.30 Mn |
| Dec 31, 2022 | 262.37 Mn |
| Sep 30, 2022 | 262.49 Mn |
| Jun 30, 2022 | 250.08 Mn |
| Mar 31, 2022 | 217.25 Mn |
| Dec 31, 2021 | 237.46 Mn |
| Sep 30, 2021 | 200.75 Mn |
| Jun 30, 2021 | 167.39 Mn |