Meritage Homes (MTH) Gross Margin (2010 - 2026)
Meritage Homes (MTH) reported Gross Margin of 0.07% for Q1 2026, down 84.0% year-over-year from 0.44% in Q1 2025, and down 100.65% quarter-over-quarter from 10.89% 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 0.07% in Q1 2026.
- Gross Margin for Q1 2026 came in at 0.07%, down 84.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.79% (down 180.0% YoY), and the FY2025 annual result was 18.03%, down 4651.0% from the prior year.
- Gross Margin fell to 0.07% in Q1 2026 per MTH's latest filing, from 10.89% in the prior quarter.
- Over five years, Gross Margin peaked at 34587.36% in Q3 2023 and troughed at 101.82% in Q4 2023.
- A 5-year average of 2208.62% and a median of 4.61% in 2025 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 3458727 bps in 2023 and fell as far as 11702 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 15.2% in 2022, then plunged by 770 bps to 101.82% in 2023, then jumped by 181 bps to 82.78% in 2024, then plunged by 87 bps to 10.89% in 2025, then plunged by 101 bps to 0.07% in 2026.
- Business Quant data shows MTH's Gross Margin at 0.07% in Q1 2026, 10.89% in Q4 2025, and 579.51% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 22.54% |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 25.85% |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | 96.10% |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 69.49% |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 23.90% |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 20.95% |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 32.14% |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | -0.07% |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 23.39% |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn | 26.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.07% |
| Dec 31, 2025 | 10.89% |
| Sep 30, 2025 | 579.51% |
| Jun 30, 2025 | 0.00% |
| Mar 31, 2025 | 0.77% |
| Dec 31, 2024 | 82.78% |
| Jun 30, 2024 | 8.45% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | -101.82% |
| Sep 30, 2023 | 34,587.36% |
| Jun 30, 2023 | 65.06% |
| Mar 31, 2023 | 0.70% |
| Dec 31, 2022 | 15.20% |
| Sep 30, 2022 | 0.09% |
| Jun 30, 2022 | 0.13% |
| Mar 31, 2022 | 88.93% |
| Dec 31, 2021 | 0.33% |
| Sep 30, 2021 | 96.99% |
| Jun 30, 2021 | 27.00% |
| Mar 31, 2021 | 0.05% |