Meritage Homes (MTH) EBITDA Margin (2010 - 2026)
Meritage Homes (MTH) posted quarterly EBITDA Margin of 7.85% for Q2 2026, down 307.0% year-over-year from 3.79% in Q2 2025, and up 39.38% on a QoQ basis from 5.63% in Q1 2026.
Meritage Homes (MTH) EBITDA Margin (2010 - 2026) Analysis & Trends
Meritage Homes has reported EBITDA Margin for 17 years, with the latest figure at 7.85% in Q2 2026.
- EBITDA Margin for Q2 2026 came in at 7.85%, down 307.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 6.92% (down 539.0% YoY), and the FY2025 annual result was 8.96%, down 587.0% from the prior year.
- EBITDA Margin climbed to 7.85% in Q2 2026, from 5.63% in the prior quarter.
- Over five years, EBITDA Margin peaked at 23.23% in Q2 2022 and troughed at 5.63% in Q1 2026.
- A 5-year average of 13.82% and a median of 14.56% in 2023 frame the typical range for EBITDA Margin.
- The widest annual swing landed in 2022, when EBITDA Margin surged 708 bps; it then plunged 998 bps in 2023.
- A 5-year view of EBITDA Margin shows it stood at 16.7% in 2022, then dropped by 13 bps to 14.49% in 2023, then declined by 14 bps to 12.42% in 2024, then sank by 53 bps to 5.78% in 2025, then jumped by 36 bps to 7.85% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 7.85% in Q2 2026, 5.63% in Q1 2026, and 5.78% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | 12.52% |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 16.95% |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | 1.84% |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 14.38% |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | 13.69% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 10.22% |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 12.16% |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 7.85% |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.85% |
| Mar 31, 2026 | -5.62% |
| Dec 31, 2025 | 6.03% |
| Sep 30, 2025 | -352.83% |
| Jun 30, 2025 | -528.38% |
| Mar 31, 2025 | -11.04% |
| Dec 31, 2024 | -19.53% |
| Dec 31, 2023 | -129.79% |
| Sep 30, 2023 | 17,366.00% |
| Jun 30, 2023 | 2,346.74% |
| Mar 31, 2023 | 35.37% |
| Dec 31, 2022 | 34.83% |
| Sep 30, 2022 | 64.79% |
| Jun 30, 2022 | 9,534.77% |
| Mar 31, 2022 | 10,465.92% |
| Dec 31, 2021 | -281.51% |
| Jun 30, 2021 | 17.84% |
| Mar 31, 2021 | -9.41% |
| Dec 31, 2020 | 13.23% |
| Sep 30, 2020 | 8,256.72% |