Meritage Homes (MTH) Net Margin (2010 - 2026)
Meritage Homes (MTH) reported Net Margin of 14.59% for Q1 2026, down 1518.0% year-over-year from 1.03% in Q1 2025, and up 17.95% quarter-over-quarter from 12.37% in Q4 2025.
Meritage Homes (MTH) Net Margin (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has 17 years of Net Margin data on file, last reported at 14.59% in Q1 2026.
- Net Margin for Q1 2026 came in at 14.59%, down 1518.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.3% (down 1975.0% YoY), and the FY2025 annual result was 21.28%, down 350011.0% from the prior year.
- Net Margin improved to 14.59% in Q1 2026 per MTH's latest filing, from 12.37% in the prior quarter.
- Over five years, Net Margin peaked at 17855.07% in Q3 2023 and troughed at 6.17% in Q4 2022.
- A 5-year average of 1244.81% and a median of 34.62% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2025: Net Margin jumped 1780031 bps in 2023, then slumped 98238 bps in 2025.
- A 5-year view of Net Margin shows it stood at 6.17% in 2022, then jumped by 700 bps to 37.02% in 2023, then jumped by 2587 bps to 994.75% in 2024, then plunged by 99 bps to 12.37% in 2025, then rose by 18 bps to 14.59% in 2026.
- Business Quant data shows MTH's Net Margin at 14.59% in Q1 2026, 12.37% in Q4 2025, and 697.95% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.60 Bn | 40.25 Bn | 1.70 Bn | 8.71% |
| 2 | Pultegroup | 22.64 Bn | 20.83 Bn | 881.27 Mn | 10.18% |
| 3 | Lennar | 22.34 Bn | 20.15 Bn | 6.36 Bn | 4.57% |
| 4 | Nvr | 17.27 Bn | 15.62 Bn | 1.31 Bn | 10.55% |
| 5 | Toll Brothers | 13.05 Bn | 11.95 Bn | 604.89 Mn | 10.29% |
| 6 | Taylor Morrison Home | 6.86 Bn | 6.86 Bn | 290.64 Mn | 7.24% |
| 7 | Installed Building Products | 5.39 Bn | 4.91 Bn | 212.30 Mn | 5.27% |
| 8 | Meritage Homes | 4.60 Bn | 3.84 Bn | -269,000.00 | 14.59% |
| 9 | Cavco Industries | 4.47 Bn | 4.44 Bn | 135.92 Mn | 7.58% |
| 10 | Champion Homes | 4.25 Bn | 3.59 Bn | 172.19 Mn | 8.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.59% |
| Dec 31, 2025 | 12.37% |
| Sep 30, 2025 | 697.95% |
| Jun 30, 2025 | 9.04% |
| Mar 31, 2025 | 29.77% |
| Dec 31, 2024 | 994.75% |
| Jun 30, 2024 | 13.67% |
| Mar 31, 2024 | 39.66% |
| Dec 31, 2023 | 37.02% |
| Sep 30, 2023 | 17,855.07% |
| Jun 30, 2023 | 32.23% |
| Mar 31, 2023 | 31.28% |
| Dec 31, 2022 | -6.17% |
| Sep 30, 2022 | 54.77% |
| Jun 30, 2022 | 51.27% |
| Mar 31, 2022 | 49.74% |
| Dec 31, 2021 | 14.27% |
| Sep 30, 2021 | 52.39% |
| Jun 30, 2021 | 13.10% |
| Mar 31, 2021 | 12.17% |