Meritage Homes (MTH) FCF Margin (2010 - 2026)
Meritage Homes' FCF Margin was 6.55% in Q2 2026, up 6.33 percentage points from 0.21% a year earlier and up 2.22 percentage points from the prior quarter.
Meritage Homes (MTH) FCF Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Meritage Homes' FCF Margin was 3.86% through Jun 30, 2026, up 5.86 percentage points year-over-year; for FY2025, it came in at 0.79%, up 2.80 percentage points from FY2024.
- FCF Margin shows a five-year change of -4.89 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was -2.01% in FY2024 (-4.60 pp), 2.59% in FY2023 (-0.42 pp), 3.01% in FY2022 (+4.74 pp) and -1.73% in FY2021 (-7.41 pp).
- Quarterly FCF Margin has moved between -15.96% (Q2 2022) and 14.23% (Q4 2022) over five years.
- Compared with a year earlier, FCF Margin has increased for three straight quarters, with an average year-over-year change of +2.13 percentage points over the last eight quarters.
- The best year-over-year quarter for FCF Margin over five years was Q2 2023 (a gain of 22.94 percentage points); the worst was Q4 2023 (a drop of 17.59 percentage points).
- Per Business Quant data, MTH's FCF Margin in the three quarters before Q2 2026 was 4.33% (Q1 2026), 8.32% (Q4 2025) and -3.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 4.31% |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | -0.32% |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | -3.82% |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | -6.78% |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 8.26% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | -1.47% |
| 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 | 6.55% |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | 2.96% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.55% |
| Mar 31, 2026 | 4.33% |
| Dec 31, 2025 | 8.32% |
| Sep 30, 2025 | -3.67% |
| Jun 30, 2025 | 0.21% |
| Mar 31, 2025 | -1.77% |
| Dec 31, 2024 | -3.31% |
| Sep 30, 2024 | -3.14% |
| Jun 30, 2024 | -3.68% |
| Mar 31, 2024 | 2.57% |
| Dec 31, 2023 | -3.36% |
| Sep 30, 2023 | 2.91% |
| Jun 30, 2023 | 6.98% |
| Mar 31, 2023 | 4.51% |
| Dec 31, 2022 | 14.23% |
| Sep 30, 2022 | 0.96% |
| Jun 30, 2022 | -15.96% |
| Mar 31, 2022 | 0.22% |
| Dec 31, 2021 | 2.96% |
| Sep 30, 2021 | -4.44% |
Meritage Homes FCF 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=fcf-margin&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();