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
DateValue
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%