Meritage Homes (MTH) EBT (2010 - 2026)
Meritage Homes (MTH) posted quarterly EBT of $120.6 million for Q2 2026, down 37.55% year-over-year from $193.1 million in Q2 2025, and up 66.24% on a QoQ basis from $72.5 million in Q1 2026.
Meritage Homes (MTH) EBT (2010 - 2026) Analysis & Trends
Meritage Homes has reported EBT for 17 years, with the latest figure at $120.6 million in Q2 2026.
- EBT for Q2 2026 came in at $120.6 million, down 37.55% year-over-year; the trailing twelve-month figure through Jun 2026 was $424.5 million (down 48.53% YoY), and the FY2025 annual result was $584.6 million, down 41.71% from the prior year.
- EBT improved to $120.6 million in Q2 2026, from $72.5 million in the prior quarter.
- Over five years, EBT peaked at $342.2 million in Q4 2022 and troughed at $72.5 million in Q1 2026.
- A 5-year average of $223.3 million and a median of $236.8 million in 2023 frame the typical range for EBT.
- The widest annual swing landed in 2022, when EBT surged 72.24%; it then sank 54.72% in 2026.
- A 5-year view of EBT shows it stood at $342.2 million in 2022, then fell by 24.36% to $258.9 million in 2023, then dropped by 14.41% to $221.6 million in 2024, then tumbled by 53.45% to $103.1 million in 2025, then rose by 16.9% to $120.6 million in 2026.
- Per Business Quant data, the three most recent EBT figures were $120.6 million in Q2 2026, $72.5 million in Q1 2026, and $103.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | 1.23 Bn |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 622.44 Mn |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | 413.19 Mn |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 318.64 Mn |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | 350.36 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 130.68 Mn |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 85.10 Mn |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 120.56 Mn |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 120.56 Mn |
| Mar 31, 2026 | 72.52 Mn |
| Dec 31, 2025 | 103.13 Mn |
| Sep 30, 2025 | 128.25 Mn |
| Jun 30, 2025 | 193.06 Mn |
| Mar 31, 2025 | 160.16 Mn |
| Dec 31, 2024 | 221.56 Mn |
| Sep 30, 2024 | 249.93 Mn |
| Jun 30, 2024 | 297.36 Mn |
| Mar 31, 2024 | 234.02 Mn |
| Dec 31, 2023 | 258.87 Mn |
| Sep 30, 2023 | 285.73 Mn |
| Jun 30, 2023 | 239.52 Mn |
| Mar 31, 2023 | 165.30 Mn |
| Dec 31, 2022 | 342.25 Mn |
| Sep 30, 2022 | 329.49 Mn |
| Jun 30, 2022 | 331.70 Mn |
| Mar 31, 2022 | 285.88 Mn |
| Dec 31, 2021 | 311.50 Mn |
| Sep 30, 2021 | 261.71 Mn |