Meritage Homes (MTH) Net Income (2010 - 2026)

Meritage Homes' (MTH) quarterly Net Income came in at $55.3 million in Q1 2026, down 54.96% year-on-year from $122.8 million in Q1 2025, and down 34.18% on a QoQ basis from $84.0 million in Q4 2025.

Meritage Homes (MTH) Net Income (2010 - 2026) Analysis & Trends

Meritage Homes (MTH) has 17 years of Net Income data on file, last reported at $55.3 million in Q1 2026.

  • On a quarterly basis, Net Income fell 54.96% year-over-year to $55.3 million in Q1 2026; TTM through Mar 2026 was $385.5 million, a 46.68% decrease from a year earlier, with the FY2025 full-year figure at $453.0 million, down 42.38% from the prior year.
  • Net Income for Q1 2026 stood at $55.3 million, down from $84.0 million in the prior quarter.
  • Over the last five years, Net Income for MTH reached as high as $262.5 million in Q3 2022 and fell as low as $55.3 million in Q1 2026.
  • Historically, Net Income has averaged $178.0 million across 5 years, with a median of $186.8 million in 2023.
  • Across the five-year window, Net Income surged 64.78% in 2022 and sank 54.96% in 2026, its largest moves.
  • Year by year, Net Income stood at $262.4 million in 2022, then dropped by 24.21% to $198.9 million in 2023, then retreated by 13.18% to $172.6 million in 2024, then tumbled by 51.33% to $84.0 million in 2025, then slumped by 34.18% to $55.3 million in 2026.
  • Per Business Quant data, the three most recent Net Income figures were $55.3 million in Q1 2026, $84.0 million in Q4 2025, and $99.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 918.70 Mn
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 472.00 Mn
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn 413.19 Mn
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 198.36 Mn
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 260.59 Mn
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 100.43 Mn
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 34.80 Mn
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn 55.31 Mn
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn 55.09 Mn
10 M 4.43 Bn 3.66 Bn 202.59 Mn 67.83 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 167.39 Mn