Meritage Homes (MTH) Interest Coverage Ratio (2009 - 2026)
Meritage Homes' Interest Coverage Ratio came in at 210.89 for Q2 2026, down 63.5% from the prior quarter.
Meritage Homes (MTH) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Meritage Homes reported Interest Coverage Ratio of 615.50; for FY2022, it was 82792.98, up 885.6% from FY2021.
- Interest Coverage Ratio has increased in each of the last three years.
- Going back by year, Interest Coverage Ratio was 8399.92 in FY2021 (+929.3%), 816.08 in FY2020 (+453.7%), 147.40 in FY2019 (-89.9%) and 1457.16 in FY2018.
- The Q2 2026 figure represents the lowest quarterly Interest Coverage Ratio since Q2 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Pultegroup | 96.17 Bn | 89.53 Bn | 1.07 Bn | 10.90 |
| 2 | Horton D R | 42.03 Bn | 42.63 Bn | - | - |
| 3 | Lennar | 18.02 Bn | 8.18 Bn | 618.54 Mn | -72.73 |
| 4 | Nvr | 15.97 Bn | 10.10 Bn | 482.36 Mn | 49.91 |
| 5 | Toll Brothers | 14.02 Bn | 9.41 Bn | 625.22 Mn | - |
| 6 | Cavco Industries | 5.03 Bn | 3.98 Bn | 147.61 Mn | 247.88 |
| 7 | Champion Homes | 4.99 Bn | 2.21 Bn | 185.60 Mn | 12.34 |
| 8 | Meritage Homes | 4.33 Bn | 1.30 Bn | 410.22 Mn | 59.74 |
| 9 | M | 3.26 Bn | 442.92 Mn | 229.20 Mn | 34.45 |
| 10 | Kb Home | 3.07 Bn | 2.27 Bn | -857.09 Mn | 48.10 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 59.74 |
| Jun 30, 2026 | 61.38 |
| Mar 31, 2026 | 83.12 |
| Dec 31, 2025 | 84.62 |
| Sep 30, 2025 | 108.70 |
| Jun 30, 2025 | 112.57 |
| Mar 31, 2025 | 152.74 |
| Dec 31, 2024 | 95.74 |
| Sep 30, 2024 | 235.53 |
| Jun 30, 2024 | 171.73 |
| Mar 31, 2024 | 1,021.03 |
| Dec 31, 2023 | 120.12 |
| Sep 30, 2023 | 140.75 |
| Jun 30, 2023 | 273.61 |
| Mar 31, 2023 | 179.00 |
| Dec 31, 2022 | 157.12 |
| Sep 30, 2022 | 177.30 |
| Jun 30, 2022 | 97.44 |
| Mar 31, 2022 | 219.33 |
| Dec 31, 2021 | 148.47 |
Meritage Homes Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "MTH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();