Meritage Homes (MTH) Net Income (2010 - 2026)
Meritage Homes' (MTH) quarterly Net Income came in at $90.6 million in Q2 2026, down 38.3% year-over-year from $146.9 million in Q2 2025, and up 63.86% quarter-over-quarter from $55.3 million in Q1 2026.
Analysis
Meritage Homes (MTH) Net Income (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has reported Net Income for 17 consecutive years, with $90.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Income fell 38.3% year-over-year to $90.6 million in Q2 2026; TTM through Jun 2026 was $329.3 million, a 48.42% decrease from a year earlier, with the FY2025 full-year figure at $453.0 million, down 42.38% from the prior year.
- Net Income was $90.6 million for Q2 2026 at Meritage Homes, up from $55.3 million in the prior quarter.
- Over five years, Net Income peaked at $262.5 million in Q3 2022 and troughed at $55.3 million in Q1 2026.
- A 5-year average of $173.1 million and a median of $186.4 million in 2023 frame the typical range for Net Income.
- Across the five-year window, Net Income soared 64.78% in 2022 and plunged 54.96% in 2026, its largest moves.
- Over 5 years, Net Income stood at $262.4 million in 2022, then fell by 24.21% to $198.9 million in 2023, then slipped by 13.18% to $172.6 million in 2024, then tumbled by 51.33% to $84.0 million in 2025, then advanced by 7.85% to $90.6 million in 2026.
- The last three Net Income figures came in at $90.6 million (Q2 2026), $55.3 million (Q1 2026), and $84.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.06 Bn | 38.52 Bn | 2.15 Bn | 918.70 Mn |
| 2 | Pultegroup | 23.32 Bn | 21.94 Bn | 1.06 Bn | 472.00 Mn |
| 3 | Lennar | 17.60 Bn | 15.42 Bn | 7.69 Bn | 413.19 Mn |
| 4 | Nvr | 16.78 Bn | 15.69 Bn | 485.14 Mn | 236.46 Mn |
| 5 | Toll Brothers | 13.05 Bn | 12.01 Bn | 625.22 Mn | 280.15 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 100.43 Mn |
| 7 | Meritage Homes | 4.38 Bn | 3.58 Bn | 254.14 Mn | 90.63 Mn |
| 8 | M | 3.74 Bn | 3.01 Bn | 235.50 Mn | 79.06 Mn |
| 9 | Kb Home | 3.20 Bn | 3.14 Bn | 174.03 Mn | 27.35 Mn |
| 10 | Green Brick Partners | 3.06 Bn | 2.98 Bn | 157.52 Mn | 78.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 90.63 Mn |
| Mar 31, 2026 | 55.31 Mn |
| Dec 31, 2025 | 84.03 Mn |
| Sep 30, 2025 | 99.30 Mn |
| Jun 30, 2025 | 146.88 Mn |
| Mar 31, 2025 | 122.81 Mn |
| Dec 31, 2024 | 172.65 Mn |
| Sep 30, 2024 | 195.97 Mn |
| Jun 30, 2024 | 231.56 Mn |
| Mar 31, 2024 | 186.02 Mn |
| Dec 31, 2023 | 198.85 Mn |
| Sep 30, 2023 | 221.76 Mn |
| Jun 30, 2023 | 186.84 Mn |
| Mar 31, 2023 | 131.30 Mn |
| Dec 31, 2022 | 262.37 Mn |
| Sep 30, 2022 | 262.49 Mn |
| Jun 30, 2022 | 250.08 Mn |
| Mar 31, 2022 | 217.25 Mn |
| Dec 31, 2021 | 237.46 Mn |
| Sep 30, 2021 | 200.75 Mn |