Meritage Homes (MTH) EBT Margin (2010 - 2026)
Meritage Homes (MTH) posted EBT Margin of 4.29% for Q2 2026, down 1.63 percentage points from 5.93% a year earlier but up 1.06 percentage points from the prior quarter.
Meritage Homes (MTH) EBT Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at Meritage Homes was 3.95%, down 2.70 percentage points year-over-year; for FY2025, it came in at 5.00%, down 2.86 percentage points from FY2024.
- Annual EBT Margin shows a five-year change of -0.94 percentage points (FY2020 to FY2025).
- In prior years, Meritage Homes' EBT Margin was 7.86% in FY2024 (+0.11 pp), 7.75% in FY2023 (-2.51 pp), 10.26% in FY2022 (+0.96 pp) and 9.31% in FY2021 (+3.37 pp).
- Quarterly EBT Margin has run from a low of 3.24% in Q1 2026 to a high of 23.48% in Q2 2022 over five years.
- On a year-over-year basis, EBT Margin has declined in each of the last eight quarters, with an average year-over-year change of -2.21 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBT Margin in the past five years was Q2 2022, with a gain of 6.61 percentage points; the weakest was Q2 2023, with a drop of 15.86 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was 3.24% (Q1 2026), 3.60% (Q4 2025) and 4.52% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 13.29% |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | 16.95% |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | 5.20% |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | 14.07% |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 13.51% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 9.42% |
| 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 | 4.29% |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | -68.26% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.29% |
| Mar 31, 2026 | 3.24% |
| Dec 31, 2025 | 3.60% |
| Sep 30, 2025 | 4.52% |
| Jun 30, 2025 | 5.93% |
| Mar 31, 2025 | 5.88% |
| Dec 31, 2024 | 6.85% |
| Sep 30, 2024 | 7.85% |
| Jun 30, 2024 | 8.76% |
| Mar 31, 2024 | 7.95% |
| Dec 31, 2023 | 7.81% |
| Sep 30, 2023 | 8.84% |
| Jun 30, 2023 | 7.63% |
| Mar 31, 2023 | 6.45% |
| Dec 31, 2022 | 8.58% |
| Sep 30, 2022 | 10.42% |
| Jun 30, 2022 | 23.48% |
| Mar 31, 2022 | 11.09% |
| Dec 31, 2021 | 10.37% |
| Sep 30, 2021 | 10.36% |
Meritage Homes EBT Margin 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-margin&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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-margin&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();