Meritage Homes (MTH) Net Margin (2010 - 2026)
Meritage Homes (MTH) posted quarterly Net Margin of 6.47% for Q2 2026, down 257.0% year-over-year from 4.12% in Q2 2025, and up 30.7% on a QoQ basis from 4.95% in Q1 2026.
Meritage Homes (MTH) Net Margin (2010 - 2026) Analysis & Trends
Meritage Homes has reported Net Margin for 17 years, with the latest figure at 6.47% in Q2 2026.
- Net Margin for Q2 2026 came in at 6.47%, down 257.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 6.14% (down 418.0% YoY), and the FY2025 annual result was 7.78%, down 458.0% from the prior year.
- Net Margin improved to 6.47% in Q2 2026, from 4.95% in the prior quarter.
- Over five years, Net Margin peaked at 17.71% in Q2 2022 and troughed at 4.95% in Q1 2026.
- A 5-year average of 11.34% and a median of 11.97% in 2023 frame the typical range for Net Margin.
- The widest annual swing landed in 2022, when Net Margin surged 472 bps; it then tumbled 662 bps in 2023.
- A 5-year view of Net Margin shows it stood at 13.17% in 2022, then decreased by 9 bps to 12.03% in 2023, then dropped by 11 bps to 10.7% in 2024, then slumped by 45 bps to 5.89% in 2025, then climbed by 10 bps to 6.47% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 6.47% in Q2 2026, 4.95% in Q1 2026, and 5.89% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | 9.96% |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 11.85% |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | 5.20% |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 10.16% |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | 10.29% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 7.24% |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 8.34% |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 6.47% |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.47% |
| Mar 31, 2026 | 4.99% |
| Dec 31, 2025 | -3.36% |
| Sep 30, 2025 | 617.98% |
| Jun 30, 2025 | 1,774.54% |
| Mar 31, 2025 | 9.15% |
| Dec 31, 2024 | -10.06% |
| Dec 31, 2023 | 35.79% |
| Sep 30, 2023 | 14,390.66% |
| Jun 30, 2023 | 1,914.30% |
| Mar 31, 2023 | 30.24% |
| Dec 31, 2022 | 28.46% |
| Sep 30, 2022 | 52.44% |
| Jun 30, 2022 | 7,282.59% |
| Mar 31, 2022 | 8,355.92% |
| Dec 31, 2021 | 60.08% |
| Jun 30, 2021 | 13.10% |
| Mar 31, 2021 | 12.17% |
| Dec 31, 2020 | 10.82% |
| Sep 30, 2020 | 6,954.62% |