Meritage Homes (MTH) EV to EBITDA (2011 - 2026)
Meritage Homes' (MTH) EV to EBITDA stood at 2.69 in Q2 2026, up 83.6% from 1.46 a year earlier and up 52.4% from the prior quarter.
Meritage Homes (MTH) EV to EBITDA (2011 - 2026) Analysis & Trends
On a TTM basis, Meritage Homes' EV to EBITDA came in at 1.38 as of Jun 30, 2026, up 169.3% year-over-year; for FY2025, it was 1.76, up 7.4% from FY2024.
- Across earlier years, EV to EBITDA came in at 1.64 in FY2024 (-14.8%), 1.92 in FY2023 (+162.1%), 0.73 in FY2022 (-49.8%) and 1.46 in FY2021 (+12.0%).
- The Q2 2026 figure is the highest quarterly EV to EBITDA since Q4 2019.
- On a year-over-year basis, EV to EBITDA has increased for three consecutive quarters, with growth averaging 18.3% over the last eight quarters.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 127.6% in Q4 2023, against a decline of 53.2% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.77 (Q1 2026), 1.76 (Q4 2025) and 1.84 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 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 |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.69 |
| Mar 31, 2026 | 1.77 |
| Dec 31, 2025 | 1.76 |
| Sep 30, 2025 | 1.84 |
| Jun 30, 2025 | 1.46 |
| Mar 31, 2025 | 1.45 |
| Dec 31, 2024 | 1.64 |
| Sep 30, 2024 | 2.15 |
| Jun 30, 2024 | 1.56 |
| Mar 31, 2024 | 1.82 |
| Dec 31, 2023 | 1.92 |
| Sep 30, 2023 | 1.14 |
| Jun 30, 2023 | 1.33 |
| Mar 31, 2023 | 1.21 |
| Dec 31, 2022 | 0.85 |
| Sep 30, 2022 | 0.80 |
| Jun 30, 2022 | 0.89 |
| Mar 31, 2022 | 0.92 |
| Dec 31, 2021 | 1.68 |
| Sep 30, 2021 | 1.71 |
Meritage Homes EV to EBITDA 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=ev-to-ebitda&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();