Meritage Homes (MTH) EBITDA (2010 - 2026)
Meritage Homes' EBITDA was $467.3 million in Q2 2026, down 26.8% from $638.31 million a year earlier but up 35.6% from the prior quarter.
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Analysis
Meritage Homes (MTH) EBITDA (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Meritage Homes' EBITDA was $1.73 billion through Jun 30, 2026, down 33.9% year-over-year; for FY2025, it came in at $2.11 billion, down 29.2% from FY2024.
- EBITDA shows a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- In earlier years, EBITDA was $2.98 billion in FY2024 (+5.6%), $2.82 billion in FY2023 (-17.5%), $3.42 billion in FY2022 (+26.8%) and $2.7 billion in FY2021 (+49.2%).
- Quarterly EBITDA has moved between $344.52 million (Q1 2026) and $956.07 million (Q4 2022) over five years.
- Compared with a year earlier, EBITDA has declined for eight straight quarters, with an average decline of 25.2% over the last eight quarters.
- The best year-over-year quarter for EBITDA over five years was Q4 2021 (growth of 196.2%); the worst was Q4 2025 (a decline of 38.4%).
- Per Business Quant data, MTH's EBITDA in the three quarters before Q2 2026 was $344.52 million (Q1 2026), $426.71 million (Q4 2025) and $492.98 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.05 Bn | 29.36 Bn | 2.15 Bn | 1.18 Bn |
| 2 | Pultegroup | 21.36 Bn | 14.65 Bn | 1.06 Bn | 700.63 Mn |
| 3 | Lennar | 18.44 Bn | 8.81 Bn | 618.54 Mn | -6.93 Bn |
| 4 | Nvr | 15.96 Bn | 9.25 Bn | 485.14 Mn | 340.85 Mn |
| 5 | Toll Brothers | 12.64 Bn | 8.01 Bn | 625.22 Mn | 380.08 Mn |
| 6 | Champion Homes | 4.20 Bn | 1.68 Bn | - | - |
| 7 | Cavco Industries | 3.99 Bn | 2.74 Bn | - | - |
| 8 | Meritage Homes | 3.90 Bn | 817.91 Mn | 513.60 Mn | 467.30 Mn |
| 9 | M | 2.96 Bn | 30.50 Mn | 235.50 Mn | -717.86 Mn |
| 10 | Green Brick Partners | 2.61 Bn | 2.04 Bn | 157.52 Mn | 104.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 467.30 Mn |
| Mar 31, 2026 | 344.52 Mn |
| Dec 31, 2025 | 426.71 Mn |
| Sep 30, 2025 | 492.98 Mn |
| Jun 30, 2025 | 638.31 Mn |
| Mar 31, 2025 | 550.15 Mn |
| Dec 31, 2024 | 692.31 Mn |
| Sep 30, 2024 | 736.94 Mn |
| Jun 30, 2024 | 837.44 Mn |
| Mar 31, 2024 | 710.55 Mn |
| Dec 31, 2023 | 776.54 Mn |
| Sep 30, 2023 | 808.64 Mn |
| Jun 30, 2023 | 705.61 Mn |
| Mar 31, 2023 | 528.41 Mn |
| Dec 31, 2022 | 956.07 Mn |
| Sep 30, 2022 | 864.32 Mn |
| Jun 30, 2022 | 403.42 Mn |
| Mar 31, 2022 | 745.98 Mn |
| Dec 31, 2021 | 824.00 Mn |
| Sep 30, 2021 | 708.39 Mn |
API Access
Meritage Homes EBITDA 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=ebitda&ticker=MTH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();