Meritage Homes (MTH) Gross Profit (2010 - 2026)
Meritage Homes' (MTH) quarterly Gross Profit came in at $68.6 million in Q1 2026, up 1825.48% year-on-year from $3.6 million in Q1 2025, and up 3832.59% on a QoQ basis from -$1.8 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 $68.6 million in Q1 2026.
- On a quarterly basis, Gross Profit rose 1825.48% year-over-year to $68.6 million in Q1 2026; TTM through Mar 2026 was $281.9 million, a 55.72% decrease from a year earlier, with the FY2025 full-year figure at -$1.3 million, down 100.25% from the prior year.
- Gross Profit for Q1 2026 stood at $68.6 million, up from -$1.8 million in the prior quarter.
- Over the last five years, Gross Profit for MTH reached as high as $508.0 million in Q4 2024 and fell as low as -$545.0 million in Q4 2023.
- Historically, Gross Profit has averaged $215.0 million across 5 years, with a median of $283.9 million in 2023.
- Across the five-year window, Gross Profit surged 58884.03% in 2022 and sank 211.66% in 2023, its largest moves.
- Year by year, Gross Profit stood at $488.1 million in 2022, then sank by 211.66% to -$545.0 million in 2023, then jumped by 193.2% to $508.0 million in 2024, then tumbled by 100.36% to -$1.8 million in 2025, then jumped by 3832.59% to $68.6 million in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $68.6 million in Q1 2026, -$1.8 million in Q4 2025, and $94.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 68.61 Mn |
| Mar 31, 2026 | 68.61 Mn |
| Dec 31, 2025 | -1.84 Mn |
| Dec 31, 2025 | -1.84 Mn |
| Sep 30, 2025 | 94.82 Mn |
| Sep 30, 2025 | 94.82 Mn |
| Jun 30, 2025 | 120.28 Mn |
| Jun 30, 2025 | 120.28 Mn |
| Mar 31, 2025 | 3.56 Mn |
| Mar 31, 2025 | 3.56 Mn |
| Dec 31, 2024 | 507.98 Mn |
| Dec 31, 2024 | 507.98 Mn |
| Sep 30, 2024 | 124.97 Mn |
| Sep 30, 2024 | 124.97 Mn |
| Dec 31, 2023 | -545.05 Mn |
| Dec 31, 2023 | -545.05 Mn |
| Sep 30, 2023 | 429.82 Mn |
| Sep 30, 2023 | 429.82 Mn |
| Jun 30, 2023 | 376.98 Mn |
| Jun 30, 2023 | 376.98 Mn |