Meritage Homes (MTH) EBIT (2010 - 2026)
Meritage Homes' EBIT came in at $461.22 million for Q2 2026, down 27.0% from $631.65 million a year earlier but up 36.0% from the prior quarter.
Meritage Homes (MTH) EBIT (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Meritage Homes reported EBIT of $1.71 billion, down 34.1% year-over-year; for FY2025, it was $2.08 billion, down 29.4% from FY2024.
- EBIT carries a five-year compound annual growth rate of 3.2% (FY2020 to FY2025).
- Going back by year, EBIT was $2.95 billion in FY2024 (+5.6%), $2.79 billion in FY2023 (-17.7%), $3.39 billion in FY2022 (+27.1%) and $2.67 billion in FY2021 (+50.4%).
- The five-year range for quarterly EBIT is $339.15 million (Q1 2026) to $948.87 million (Q4 2022).
- Year-over-year, EBIT has declined for eight consecutive quarters, with an average decline of 25.4% over the last eight quarters.
- The fastest year-over-year change in EBIT over five years came in Q4 2021 (growth of 203.3%), and the weakest in Q4 2025 (a decline of 38.7%).
- Business Quant data shows MTH's EBIT at $339.15 million (Q1 2026), $420.03 million (Q4 2025) and $486.99 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 1.16 Bn |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | 675.23 Mn |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | -6.73 Bn |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | 334.42 Mn |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 359.15 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 231.67 Mn |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | - |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | - |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | 461.22 Mn |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | -723.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 461.22 Mn |
| Mar 31, 2026 | 339.15 Mn |
| Dec 31, 2025 | 420.03 Mn |
| Sep 30, 2025 | 486.99 Mn |
| Jun 30, 2025 | 631.65 Mn |
| Mar 31, 2025 | 544.20 Mn |
| Dec 31, 2024 | 685.71 Mn |
| Sep 30, 2024 | 730.39 Mn |
| Jun 30, 2024 | 830.67 Mn |
| Mar 31, 2024 | 704.51 Mn |
| Dec 31, 2023 | 768.78 Mn |
| Sep 30, 2023 | 802.26 Mn |
| Jun 30, 2023 | 699.62 Mn |
| Mar 31, 2023 | 523.21 Mn |
| Dec 31, 2022 | 948.87 Mn |
| Sep 30, 2022 | 858.50 Mn |
| Jun 30, 2022 | 397.46 Mn |
| Mar 31, 2022 | 740.22 Mn |
| Dec 31, 2021 | 817.65 Mn |
| Sep 30, 2021 | 701.91 Mn |
Meritage Homes EBIT 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=ebit&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();