Meritage Homes (MTH) Debt Ratio (2013 - 2026)
Meritage Homes' (MTH) Debt Ratio was 0.24 for Q2 2026, up 3.0% from 0.23 a year earlier and up 0.1% from the prior quarter.
Analysis
Meritage Homes (MTH) Debt Ratio (2013 - 2026) Analysis & Trends
Dating back to Q4 2013, Meritage Homes' Debt Ratio record includes 48 quarters.
- By year, Debt Ratio came in at 0.18 in FY2024 (+16.5%), 0.16 in FY2023 (-21.0%), 0.20 in FY2022 (-16.6%) and 0.24 in FY2021 (-7.9%).
- The Q2 2026 figure ranks as the highest quarterly Debt Ratio since Q3 2021.
- Year over year, Debt Ratio has now increased in each of the last eight quarters, with growth averaging 21.0% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was Q1 2025 (growth of 52.5%); the low point was Q3 2023 (a decline of 21.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.24 (Q1 2026), 0.24 (Q4 2025) and 0.23 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | - |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | - |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | 0.17 |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 0.12 |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 0.15 |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | 0.01 |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | - |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | 0.24 |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.24 |
| Mar 31, 2026 | 0.24 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.23 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 0.23 |
| Dec 31, 2024 | 0.18 |
| Sep 30, 2024 | 0.18 |
| Jun 30, 2024 | 0.19 |
| Mar 31, 2024 | 0.15 |
| Dec 31, 2023 | 0.16 |
| Sep 30, 2023 | 0.16 |
| Jun 30, 2023 | 0.19 |
| Mar 31, 2023 | 0.19 |
| Dec 31, 2022 | 0.20 |
| Sep 30, 2022 | 0.21 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | 0.23 |
| Dec 31, 2021 | 0.24 |
| Sep 30, 2021 | 0.25 |
API Access
Meritage Homes Debt 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=debt-ratio&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();