Meritage Homes (MTH) Gross Profit (2010 - 2026)

Meritage Homes (MTH) reported Gross Profit of -$269000.0 for Q1 2026, down 108.5% year-over-year from $3.2 million in Q1 2025, and down 100.36% quarter-over-quarter from $74.0 million in Q4 2025.

Meritage Homes (MTH) Gross Profit (2010 - 2026) Analysis & Trends

Meritage Homes (MTH) has 17 years of Gross Profit data on file, last reported at -$269000.0 in Q1 2026.

  • Gross Profit for Q1 2026 came in at -$269000.0, down 108.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $156.2 million (down 3.18% YoY), and the FY2025 annual result was $383.9 million, up 2564.16% from the prior year.
  • Gross Profit slipped to -$269000.0 in Q1 2026 per MTH's latest filing, from $74.0 million in the prior quarter.
  • Over five years, Gross Profit peaked at $429.6 million in Q3 2023 and troughed at -$646.7 million in Q4 2022.
  • A 5-year average of $19.0 million and a median of $2.9 million in 2023 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2022 and 2023: Gross Profit tumbled 11998.97% in 2022, then jumped 104165.78% in 2023.
  • A 5-year view of Gross Profit shows it stood at -$646.7 million in 2022, then increased by 15.43% to -$546.9 million in 2023, then surged by 102.63% to $14.4 million in 2024, then surged by 414.92% to $74.0 million in 2025, then plunged by 100.36% to -$269000.0 in 2026.
  • Business Quant data shows MTH's Gross Profit at -$269000.0 in Q1 2026, $74.0 million in Q4 2025, and $82.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Horton D R 43.54 Bn 42.20 Bn 1.70 Bn
2 Pultegroup 23.57 Bn 21.76 Bn 881.27 Mn
3 Lennar 22.65 Bn 20.45 Bn 6.36 Bn
4 Nvr 17.80 Bn 16.15 Bn 1.31 Bn
5 Toll Brothers 13.73 Bn 12.64 Bn 604.89 Mn
6 Taylor Morrison Home 6.88 Bn 6.88 Bn 290.64 Mn
7 Installed Building Products 5.53 Bn 5.05 Bn 212.30 Mn
8 Meritage Homes 4.85 Bn 4.09 Bn -269,000.00
9 Cavco Industries 4.56 Bn 4.52 Bn 135.92 Mn
10 Champion Homes 4.39 Bn 3.74 Bn 172.19 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -269,000.00
Mar 31, 2026 -269,000.00
Dec 31, 2025 73.98 Mn
Dec 31, 2025 73.98 Mn
Sep 30, 2025 82.45 Mn
Sep 30, 2025 82.45 Mn
Jun 30, 2025 5,000.00
Jun 30, 2025 5,000.00
Mar 31, 2025 3.17 Mn
Mar 31, 2025 3.17 Mn
Dec 31, 2024 14.37 Mn
Dec 31, 2024 14.37 Mn
Sep 30, 2024 645,000.00
Sep 30, 2024 645,000.00
Jun 30, 2024 143.11 Mn
Jun 30, 2024 143.11 Mn
Mar 31, 2024 7,000.00
Mar 31, 2024 7,000.00
Dec 31, 2023 -546.91 Mn
Dec 31, 2023 -546.91 Mn