Meritage Homes (MTH) EBT (2010 - 2026)
Meritage Homes (MTH) recorded EBT of $120.56 million in Q2 2026, down 37.6% from $193.06 million a year earlier but up 66.2% from the prior quarter.
Meritage Homes (MTH) EBT (2010 - 2026) Analysis & Trends
On a TTM basis, Meritage Homes' EBT came in at $424.47 million as of Jun 30, 2026, down 48.5% year-over-year; for FY2025, it came in at $584.6 million, down 41.7% from FY2024.
- Annual EBT has a five-year compound annual growth rate of 1.8% (FY2020 to FY2025).
- Across earlier years, EBT came in at $1 billion in FY2024 (+5.6%), $949.43 million in FY2023 (-26.4%), $1.29 billion in FY2022 (+35.0%) and $954.83 million in FY2021 (+79.0%).
- Quarterly EBT has ranged from $72.52 million in Q1 2026 to $342.25 million in Q4 2022 over the past five years.
- On a year-over-year basis, EBT has declined for eight consecutive quarters, with an average decline of 36.0% over the last eight quarters.
- Peak year-over-year performance for EBT in the last five years was growth of 93.1% in Q3 2021, against a decline of 54.7% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $72.52 million (Q1 2026), $103.13 million (Q4 2025) and $128.25 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 1.23 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 | 413.19 Mn |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | 327.42 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 | 130.68 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 | 120.56 Mn |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | -725.80 Mn |
Historic 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 |
Meritage Homes EBT 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=ebt&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();