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
DateValue
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%