Meritage Homes (MTH) Gross Profit (2010 - 2026)
Meritage Homes' Gross Profit was $513.6 million in Q2 2026, down 25.2% from $686.83 million a year earlier but up 31.5% from the prior quarter.
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Analysis
Meritage Homes (MTH) Gross Profit (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Meritage Homes' Gross Profit was $1.91 billion through Jun 30, 2026, down 32.5% year-over-year; for FY2025, it came in at $2.29 billion, down 27.9% from FY2024.
- Gross Profit shows a five-year compound annual growth rate of 3.5% (FY2020 to FY2025).
- In earlier years, Gross Profit was $3.18 billion in FY2024 (+5.2%), $3.03 billion in FY2023 (-15.7%), $3.59 billion in FY2022 (+25.8%) and $2.85 billion in FY2021 (+47.4%).
- Quarterly Gross Profit has moved between $390.55 million (Q1 2026) and $1.01 billion (Q4 2022) over five years.
- Compared with a year earlier, Gross Profit has declined for eight straight quarters, with an average decline of 23.9% over the last eight quarters.
- The best year-over-year quarter for Gross Profit over five years was Q4 2021 (growth of 174.2%); the worst was Q4 2025 (a decline of 37.9%).
- Per Business Quant data, MTH's Gross Profit in the three quarters before Q2 2026 was $390.55 million (Q1 2026), $467.83 million (Q4 2025) and $538.78 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 513.60 Mn |
| Mar 31, 2026 | 390.55 Mn |
| Dec 31, 2025 | 467.83 Mn |
| Sep 30, 2025 | 538.78 Mn |
| Jun 30, 2025 | 686.83 Mn |
| Mar 31, 2025 | 601.19 Mn |
| Dec 31, 2024 | 753.45 Mn |
| Sep 30, 2024 | 789.59 Mn |
| Jun 30, 2024 | 883.85 Mn |
| Mar 31, 2024 | 755.24 Mn |
| Dec 31, 2023 | 837.75 Mn |
| Sep 30, 2023 | 865.35 Mn |
| Jun 30, 2023 | 751.76 Mn |
| Mar 31, 2023 | 570.73 Mn |
| Dec 31, 2022 | 1.01 Bn |
| Sep 30, 2022 | 906.94 Mn |
| Jun 30, 2022 | 445.39 Mn |
| Mar 31, 2022 | 780.22 Mn |
| Dec 31, 2021 | 870.80 Mn |
| Sep 30, 2021 | 749.10 Mn |
API Access
Meritage Homes Gross Profit 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=gross-profit&ticker=MTH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();