Meritage Homes (MTH) Interest Expenses (2010 - 2026)
Meritage Homes' (MTH) quarterly Interest Expenses came in at $16.2 million in Q1 2026, up 12.72% year-on-year from $14.4 million in Q1 2025, and up 268.02% on a QoQ basis from $4.4 million in Q3 2025.
Meritage Homes (MTH) Interest Expenses (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has 17 years of Interest Expenses data on file, last reported at $16.2 million in Q1 2026.
- On a quarterly basis, Interest Expenses rose 12.72% year-over-year to $16.2 million in Q1 2026; TTM through Mar 2026 was $16.2 million, a 37.69% decrease from a year earlier, with the FY2025 full-year figure at $18.6 million, down 14.84% from the prior year.
- Interest Expenses for Q1 2026 stood at $16.2 million, up from $4.4 million in the prior quarter.
- Over the last five years, Interest Expenses for MTH reached as high as $20.7 million in Q2 2025 and fell as low as -$16.1 million in Q4 2022.
- Historically, Interest Expenses has averaged $8.4 million across 5 years, with a median of $6.2 million in 2023.
- Across the five-year window, Interest Expenses plunged 22430.56% in 2022 and soared 256.0% in 2025, its largest moves.
- Year by year, Interest Expenses stood at -$16.1 million in 2022, then jumped by 140.08% to $6.4 million in 2023, then fell by 9.51% to $5.8 million in 2024, then slipped by 24.44% to $4.4 million in 2025, then surged by 268.02% to $16.2 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $16.2 million in Q1 2026, $4.4 million in Q3 2025, and $20.7 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 49.60 Mn |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 148.25 Mn |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 47.48 Mn |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 9.57 Mn |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 4.62 Mn |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 11.14 Mn |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 27.20 Mn |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | 16.22 Mn |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | - |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | 8.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.22 Mn |
| Mar 31, 2026 | 16.22 Mn |
| Sep 30, 2025 | 4.41 Mn |
| Sep 30, 2025 | 4.41 Mn |
| Jun 30, 2025 | 20.68 Mn |
| Jun 30, 2025 | 20.68 Mn |
| Mar 31, 2025 | 14.39 Mn |
| Mar 31, 2025 | 14.39 Mn |
| Sep 30, 2024 | 5.83 Mn |
| Sep 30, 2024 | 5.83 Mn |
| Jun 30, 2024 | 5.81 Mn |
| Jun 30, 2024 | 5.81 Mn |
| Mar 31, 2024 | 12.75 Mn |
| Mar 31, 2024 | 12.75 Mn |
| Sep 30, 2023 | 6.44 Mn |
| Sep 30, 2023 | 6.44 Mn |
| Jun 30, 2023 | 5.98 Mn |
| Jun 30, 2023 | 5.98 Mn |
| Mar 31, 2023 | 14.71 Mn |
| Mar 31, 2023 | 14.71 Mn |