Meritage Homes (MTH) Net Income (2010 - 2026)
Meritage Homes (MTH) posted quarterly Net Income of $90.6 million for Q2 2026, down 38.3% year-over-year from $146.9 million in Q2 2025, and up 63.86% on a QoQ basis from $55.3 million in Q1 2026.
Meritage Homes (MTH) Net Income (2010 - 2026) Analysis & Trends
Meritage Homes has reported Net Income for 17 years, with the latest figure at $90.6 million in Q2 2026.
- Net Income for Q2 2026 came in at $90.6 million, down 38.3% year-over-year; the trailing twelve-month figure through Jun 2026 was $329.3 million (down 48.42% YoY), and the FY2025 annual result was $453.0 million, down 42.38% from the prior year.
- Net Income advanced to $90.6 million in Q2 2026, 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.
- The widest annual swing landed in 2022, when Net Income surged 64.78%; it then tumbled 54.96% in 2026.
- A 5-year view of Net Income shows it stood at $262.4 million in 2022, then decreased by 24.21% to $198.9 million in 2023, then declined by 13.18% to $172.6 million in 2024, then sank by 51.33% to $84.0 million in 2025, then grew by 7.85% to $90.6 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were $90.6 million in Q2 2026, $55.3 million in Q1 2026, and $84.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | 918.70 Mn |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 472.00 Mn |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | 413.19 Mn |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 236.46 Mn |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | 260.56 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 100.43 Mn |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 64.90 Mn |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 90.63 Mn |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
Historic Data
Download 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 |