Meritage Homes (MTH) Interest Coverage Ratio (2010 - 2026)
Meritage Homes (MTH) posted quarterly Interest Coverage Ratio of 7.47 for Q2 2026, down 77.45% year-over-year from 33.11 in Q2 2025, and up 92.39% on a QoQ basis from 3.88 in Q1 2026.
Meritage Homes (MTH) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Meritage Homes has reported Interest Coverage Ratio for 17 years, with the latest figure at 7.47 in Q2 2026.
- Interest Coverage Ratio for Q2 2026 came in at 7.47, down 77.45% year-over-year; the trailing twelve-month figure through Jun 2026 was 25.19 (up 2.36% YoY), and the FY2025 annual result was 28.08, down 35.08% from the prior year.
- Interest Coverage Ratio rose to 7.47 in Q2 2026, from 3.88 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 61.81 in Q2 2022 and troughed at 20.69 in Q4 2022.
- A 5-year average of 22.97 and a median of 22.53 in 2022 frame the typical range for Interest Coverage Ratio.
- The widest annual swing landed in 2024, when Interest Coverage Ratio jumped 363.4%; it then slumped 115.55% in 2025.
- A 5-year view of Interest Coverage Ratio shows it stood at 20.69 in 2022, then soared by 31.21% to 14.23 in 2023, then jumped by 363.4% to 37.49 in 2024, then slumped by 115.55% to 5.83 in 2025, then jumped by 228.07% to 7.47 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 7.47 in Q2 2026, 3.88 in Q1 2026, and 5.83 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | - |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | - |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 49.93 |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | - |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | - |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 9.01 |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 50.28 |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.47 |
| Mar 31, 2026 | -3.84 |
| Dec 31, 2025 | -34.03 |
| Sep 30, 2025 | -12.87 |
| Jun 30, 2025 | -2.11 |
| Mar 31, 2025 | -10.30 |
| Dec 31, 2024 | -22.63 |
| Sep 30, 2024 | -5.51 |
| Jun 30, 2024 | -27.17 |
| Mar 31, 2024 | -11.94 |
| Sep 30, 2023 | 41.53 |
| Jun 30, 2023 | 38.29 |
| Mar 31, 2023 | 10.44 |
| Sep 30, 2022 | 58.09 |
| Jun 30, 2022 | 61.69 |
| Mar 31, 2022 | 18.10 |
| Dec 31, 2021 | 85.49 |
| Sep 30, 2021 | -25.97 |
| Jun 30, 2021 | 50.49 |
| Mar 31, 2021 | -6.43 |