Meritage Homes (MTH) Net Income (2010 - 2026)
Meritage Homes (MTH) recorded Net Income of $90.63 million in Q2 2026, down 38.3% from $146.88 million a year earlier but up 63.9% from the prior quarter.
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Analysis
Meritage Homes (MTH) Net Income (2010 - 2026) Analysis & Trends
On a TTM basis, Meritage Homes' Net Income came in at $329.27 million as of Jun 30, 2026, down 48.4% year-over-year; for FY2025, it was $453.01 million, down 42.4% from FY2024.
- Annual Net Income has a five-year compound annual growth rate of 1.4% (FY2020 to FY2025).
- Across earlier years, Net Income came in at $786.19 million in FY2024 (+6.4%), $738.75 million in FY2023 (-25.5%), $992.19 million in FY2022 (+34.5%) and $737.44 million in FY2021 (+74.1%).
- Quarterly Net Income has ranged from $55.31 million in Q1 2026 to $262.49 million in Q3 2022 over the past five years.
- On a year-over-year basis, Net Income has declined for eight consecutive quarters, with an average decline of 36.2% over the last eight quarters.
- Peak year-over-year performance for Net Income in the last five years was growth of 84.0% in Q3 2021, against a decline of 55.0% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $55.31 million (Q1 2026), $84.03 million (Q4 2025) and $99.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 918.70 Mn |
| 2 | Pultegroup | 22.22 Bn | 15.51 Bn | 1.06 Bn | 524.79 Mn |
| 3 | Lennar | 17.48 Bn | 6.90 Bn | 807.31 Mn | 308.13 Mn |
| 4 | Nvr | 16.60 Bn | 9.88 Bn | 485.14 Mn | 245.24 Mn |
| 5 | Toll Brothers | 12.52 Bn | 7.91 Bn | 625.22 Mn | 264.51 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 100.43 Mn |
| 7 | Champion Homes | 4.79 Bn | 2.27 Bn | - | - |
| 8 | Cavco Industries | 4.30 Bn | 3.05 Bn | - | - |
| 9 | Meritage Homes | 4.17 Bn | 1.09 Bn | 513.60 Mn | 90.63 Mn |
| 10 | M | 3.44 Bn | 510.26 Mn | 235.50 Mn | -751.30 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 |
API Access
Meritage Homes Net Income 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=net-income&ticker=MTH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();