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
DateValue
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%