Meritage Homes (MTH) Interest Coverage Ratio (2010 - 2026)
Meritage Homes' (MTH) quarterly Interest Coverage Ratio came in at 3.84 in Q1 2026, up 62.71% year-on-year from 2.36 in Q1 2025, and up 70.16% on a QoQ basis from 12.87 in Q3 2025.
Meritage Homes (MTH) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has 17 years of Interest Coverage Ratio data on file, last reported at 3.84 in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio rose 62.71% year-over-year to 3.84 in Q1 2026; TTM through Mar 2026 was 19.33, a 17565.21% decrease from a year earlier, with the FY2025 full-year figure at 33.23, down 449.68% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 3.84, up from 12.87 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for MTH reached as high as 61.69 in Q2 2022 and fell as low as 27.17 in Q2 2024.
- Historically, Interest Coverage Ratio has averaged 9.6 across 5 years, with a median of 2.98 in 2026.
- Across the five-year window, Interest Coverage Ratio jumped 381.44% in 2022 and tumbled 214.36% in 2024, its largest moves.
- Year by year, Interest Coverage Ratio stood at 19.97 in 2022, then soared by 307.96% to 41.53 in 2023, then plunged by 113.27% to 5.51 in 2024, then slumped by 133.55% to 12.87 in 2025, then surged by 70.16% to 3.84 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 3.84 in Q1 2026, 12.87 in Q3 2025, and 2.11 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 23.29 |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 23.87 |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 3.07 |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 120.21 |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 75.03 |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 12.73 |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 2.12 |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | -3.84 |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | - |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | -75.59 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.84 |
| Sep 30, 2025 | -12.87 |
| Jun 30, 2025 | -2.11 |
| Mar 31, 2025 | -10.30 |
| 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 |
| Dec 31, 2022 | -19.97 |
| Sep 30, 2022 | 58.09 |
| Jun 30, 2022 | 61.69 |
| Mar 31, 2022 | 18.10 |
| Dec 31, 2021 | -15,453.96 |
| Sep 30, 2021 | -25.97 |
| Jun 30, 2021 | 50.49 |
| Mar 31, 2021 | -6.43 |
| Dec 31, 2020 | -15.21 |
| Sep 30, 2020 | 28.21 |