Meritage Homes (MTH) EBT Margin (2010 - 2026)
Meritage Homes' (MTH) quarterly EBT Margin came in at 8.61% in Q2 2026, down 328.0% year-over-year from 3.78% in Q2 2025, and up 32.6% quarter-over-quarter from 6.49% in Q1 2026.
Analysis
Meritage Homes (MTH) EBT Margin (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has reported EBT Margin for 17 consecutive years, with 8.61% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT Margin fell 328.0% year-over-year to 8.61% in Q2 2026; TTM through Jun 2026 was 7.92%, a 542.0% decrease from a year earlier, with the FY2025 full-year figure at 10.04%, down 572.0% from the prior year.
- EBT Margin was 8.61% for Q2 2026 at Meritage Homes, up from 6.49% in the prior quarter.
- Over five years, EBT Margin peaked at 23.48% in Q2 2022 and troughed at 6.49% in Q1 2026.
- A 5-year average of 14.63% and a median of 15.47% in 2023 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin soared 690 bps in 2022 and sank 929 bps in 2023, its largest moves.
- Over 5 years, EBT Margin stood at 17.19% in 2022, then declined by 9 bps to 15.66% in 2023, then dropped by 12 bps to 13.73% in 2024, then sank by 47 bps to 7.22% in 2025, then increased by 19 bps to 8.61% in 2026.
- The last three EBT Margin figures came in at 8.61% (Q2 2026), 6.49% (Q1 2026), and 7.22% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 37.01 Bn | 2.15 Bn | 13.29% |
| 2 | Pultegroup | 22.45 Bn | 21.07 Bn | 1.06 Bn | 15.63% |
| 3 | Lennar | 19.43 Bn | 17.25 Bn | 7.69 Bn | 5.20% |
| 4 | Nvr | 16.68 Bn | 15.59 Bn | 485.14 Mn | 13.70% |
| 5 | Toll Brothers | 12.67 Bn | 11.61 Bn | 625.22 Mn | 14.10% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 9.42% |
| 7 | Meritage Homes | 4.20 Bn | 3.39 Bn | 254.14 Mn | 8.61% |
| 8 | M | 3.64 Bn | 2.91 Bn | 235.50 Mn | 9.83% |
| 9 | Kb Home | 3.06 Bn | 3.00 Bn | 174.03 Mn | 3.35% |
| 10 | Green Brick Partners | 2.95 Bn | 2.82 Bn | 157.52 Mn | 20.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.61% |
| Mar 31, 2026 | 6.49% |
| Dec 31, 2025 | 7.22% |
| Sep 30, 2025 | 9.06% |
| Jun 30, 2025 | 11.89% |
| Mar 31, 2025 | 11.80% |
| Dec 31, 2024 | 13.73% |
| Sep 30, 2024 | 15.73% |
| Jun 30, 2024 | 17.56% |
| Mar 31, 2024 | 15.94% |
| Dec 31, 2023 | 15.66% |
| Sep 30, 2023 | 17.71% |
| Jun 30, 2023 | 15.28% |
| Mar 31, 2023 | 12.92% |
| Dec 31, 2022 | 17.19% |
| Sep 30, 2022 | 20.88% |
| Jun 30, 2022 | 23.48% |
| Mar 31, 2022 | 22.21% |
| Dec 31, 2021 | 20.78% |
| Sep 30, 2021 | 20.77% |