Meritage Homes (MTH) Gross Profit (2010 - 2026)
Meritage Homes (MTH) posted quarterly Gross Profit of $254.1 million for Q2 2026, down 25.54% year-over-year from $341.3 million in Q2 2025, and up 31.13% on a QoQ basis from $193.8 million in Q1 2026.
Meritage Homes (MTH) Gross Profit (2010 - 2026) Analysis & Trends
Meritage Homes has reported Gross Profit for 17 years, with the latest figure at $254.1 million in Q2 2026.
- Gross Profit for Q2 2026 came in at $254.1 million, down 25.54% year-over-year; the trailing twelve-month figure through Jun 2026 was $946.5 million (down 32.71% YoY), and the FY2025 annual result was $1.1 billion, down 28.15% from the prior year.
- Gross Profit improved to $254.1 million in Q2 2026, from $193.8 million in the prior quarter.
- Over five years, Gross Profit peaked at $499.7 million in Q4 2022 and troughed at $193.8 million in Q1 2026.
- A 5-year average of $359.0 million and a median of $377.6 million in 2023 frame the typical range for Gross Profit.
- The widest annual swing landed in 2022, when Gross Profit jumped 45.37%; it then plunged 37.98% in 2025.
- A 5-year view of Gross Profit shows it stood at $499.7 million in 2022, then dropped by 16.82% to $415.7 million in 2023, then declined by 10.23% to $373.1 million in 2024, then plunged by 37.98% to $231.4 million in 2025, then gained by 9.81% to $254.1 million in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $254.1 million in Q2 2026, $193.8 million in Q1 2026, and $231.4 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Horton D R | 41.98 Bn | 39.85 Bn | 2.15 Bn |
| 2 | Pultegroup | 24.45 Bn | 23.08 Bn | 1.06 Bn |
| 3 | Lennar | 20.97 Bn | 18.79 Bn | 7.69 Bn |
| 4 | Nvr | 17.21 Bn | 16.12 Bn | 485.14 Mn |
| 5 | Toll Brothers | 14.01 Bn | 12.90 Bn | 604.89 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn |
| 7 | Installed Building Products | 6.61 Bn | 6.21 Bn | 258.90 Mn |
| 8 | Champion Homes | 5.07 Bn | 4.43 Bn | - |
| 9 | Meritage Homes | 4.73 Bn | 3.93 Bn | 254.14 Mn |
| 10 | Cavco Industries | 4.55 Bn | 4.29 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 254.14 Mn |
| Jun 30, 2026 | 254.14 Mn |
| 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 |