Meritage Homes (MTH) EBITDA (2010 - 2026)

Meritage Homes (MTH) reported EBITDA of -$51.7 million for Q1 2026, up 4.01% year-over-year from -$49.7 million in Q1 2025, and down 297.31% quarter-over-quarter from $26.2 million in Q4 2025.

Meritage Homes (MTH) EBITDA (2010 - 2026) Analysis & Trends

Meritage Homes (MTH) has 17 years of EBITDA data on file, last reported at -$51.7 million in Q1 2026.

  • EBITDA for Q1 2026 came in at -$51.7 million, up 4.01% year-over-year; the trailing twelve-month figure through Mar 2026 was -$50.0 million (up 34.06% YoY), and the FY2025 annual result was $172.1 million, up 179.53% from the prior year.
  • EBITDA declined to -$51.7 million in Q1 2026 per MTH's latest filing, from $26.2 million in the prior quarter.
  • Over five years, EBITDA peaked at $366.5 million in Q3 2023 and troughed at -$703.3 million in Q4 2022.
  • A 5-year average of -$35.0 million and a median of -$48.0 million in 2022 frame the typical range for EBITDA.
  • On a YoY basis, EBITDA climbed as much as 1031.63% in 2022 and fell as far as 1373.95% in 2022.
  • A 5-year view of EBITDA shows it stood at -$703.3 million in 2022, then increased by 12.43% to -$615.9 million in 2023, then surged by 91.33% to -$53.4 million in 2024, then surged by 149.07% to $26.2 million in 2025, then slumped by 297.31% to -$51.7 million in 2026.
  • Business Quant data shows MTH's EBITDA at -$51.7 million in Q1 2026, $26.2 million in Q4 2025, and $30.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Horton D R 41.60 Bn 40.25 Bn 1.70 Bn 800.00 Mn
2 Pultegroup 22.64 Bn 20.83 Bn 881.27 Mn 500.94 Mn
3 Lennar 22.34 Bn 20.15 Bn 6.36 Bn -42.15 Mn
4 Nvr 17.27 Bn 15.62 Bn 1.31 Bn 1.15 Bn
5 Toll Brothers 13.05 Bn 11.95 Bn 604.89 Mn 258.74 Mn
6 Taylor Morrison Home 6.86 Bn 6.86 Bn 290.64 Mn 231.67 Mn
7 Installed Building Products 5.39 Bn 4.91 Bn 212.30 Mn 35.10 Mn
8 Meritage Homes 4.60 Bn 3.84 Bn -269,000.00 -51.67 Mn
9 Cavco Industries 4.47 Bn 4.44 Bn 135.92 Mn 44.08 Mn
10 Champion Homes 4.25 Bn 3.59 Bn 172.19 Mn 62.47 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -51.67 Mn
Dec 31, 2025 26.19 Mn
Sep 30, 2025 30.66 Mn
Jun 30, 2025 -55.18 Mn
Mar 31, 2025 -53.83 Mn
Dec 31, 2024 -53.37 Mn
Sep 30, 2024 -58.55 Mn
Jun 30, 2024 89.93 Mn
Mar 31, 2024 -50.73 Mn
Dec 31, 2023 -615.88 Mn
Sep 30, 2023 366.48 Mn
Jun 30, 2023 325.02 Mn
Mar 31, 2023 -44.60 Mn
Dec 31, 2022 -703.32 Mn
Sep 30, 2022 -48.03 Mn
Jun 30, 2022 -47.28 Mn
Mar 31, 2022 348.45 Mn
Dec 31, 2021 -47.72 Mn
Sep 30, 2021 324.48 Mn
Jun 30, 2021 301.81 Mn