Meritage Homes (MTH) Gross Margin (2010 - 2026)
Meritage Homes' (MTH) quarterly Gross Margin came in at 6.19% in Q1 2026, up 593.0% year-on-year from 0.89% in Q1 2025, and up 8319.22% on a QoQ basis from 0.07% in Q4 2025.
Meritage Homes (MTH) Gross Margin (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has 17 years of Gross Margin data on file, last reported at 6.19% in Q1 2026.
- On a quarterly basis, Gross Margin rose 593.0% year-over-year to 6.19% in Q1 2026; TTM through Mar 2026 was 20.62%, a 14931.0% increase from a year earlier, with the FY2025 full-year figure at 0.07%, down 311504.0% from the prior year.
- Gross Margin for Q1 2026 stood at 6.19%, up from 0.07% in the prior quarter.
- Over the last five years, Gross Margin for MTH reached as high as 27892.47% in Q3 2023 and fell as low as 98.1% in Q4 2023.
- Historically, Gross Margin has averaged 4382.96% across 5 years, with a median of 77.71% in 2023.
- On a YoY basis, Gross Margin climbed as much as 2780245 bps in 2023 and fell as far as 1445957 bps in 2023.
- Year by year, Gross Margin stood at 52.95% in 2022, then slumped by 285 bps to 98.1% in 2023, then jumped by 70 bps to 29.59% in 2024, then soared by 100 bps to 0.07% in 2025, then surged by 8319 bps to 6.19% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 6.19% in Q1 2026, 0.07% in Q4 2025, and 590.09% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 23.26% |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 98.48% |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 96.82% |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 69.49% |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 23.90% |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 20.95% |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 32.14% |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | 6.19% |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | 26.22% |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | 22.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.19% |
| Dec 31, 2025 | 0.07% |
| Sep 30, 2025 | 590.09% |
| Jun 30, 2025 | 1,453.17% |
| Mar 31, 2025 | 0.27% |
| Dec 31, 2024 | -29.59% |
| Dec 31, 2023 | -98.10% |
| Sep 30, 2023 | 27,892.47% |
| Jun 30, 2023 | 3,862.50% |
| Mar 31, 2023 | 65.39% |
| Dec 31, 2022 | 52.95% |
| Sep 30, 2022 | 90.02% |
| Jun 30, 2022 | 12,951.05% |
| Mar 31, 2022 | 14,524.96% |
| Dec 31, 2021 | -249.14% |
| Jun 30, 2021 | 27.00% |
| Mar 31, 2021 | 0.35% |
| Dec 31, 2020 | 22.52% |
| Sep 30, 2020 | 15,523.71% |
| Jun 30, 2020 | 74.47% |