Meritage Homes (MTH) Net Margin (2010 - 2026)
Meritage Homes' (MTH) quarterly Net Margin came in at 6.47% in Q2 2026, down 257.0% year-over-year from 4.12% in Q2 2025, and up 30.7% quarter-over-quarter from 4.95% in Q1 2026.
Analysis
Meritage Homes (MTH) Net Margin (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has reported Net Margin for 17 consecutive years, with 6.47% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 257.0% year-over-year to 6.47% in Q2 2026; TTM through Jun 2026 was 6.14%, a 418.0% decrease from a year earlier, with the FY2025 full-year figure at 7.78%, down 458.0% from the prior year.
- Net Margin was 6.47% for Q2 2026 at Meritage Homes, up 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.
- Across the five-year window, Net Margin soared 472 bps in 2022 and plunged 662 bps in 2023, its largest moves.
- Over 5 years, Net Margin stood at 13.17% in 2022, then fell by 9 bps to 12.03% in 2023, then decreased by 11 bps to 10.7% in 2024, then plunged by 45 bps to 5.89% in 2025, then gained by 10 bps to 6.47% in 2026.
- The last three Net Margin figures came in at 6.47% (Q2 2026), 4.95% (Q1 2026), and 5.89% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 37.01 Bn | 2.15 Bn | 9.96% |
| 2 | Pultegroup | 22.45 Bn | 21.07 Bn | 1.06 Bn | 11.85% |
| 3 | Lennar | 19.43 Bn | 17.25 Bn | 7.69 Bn | 5.20% |
| 4 | Nvr | 16.68 Bn | 15.59 Bn | 485.14 Mn | 10.16% |
| 5 | Toll Brothers | 12.67 Bn | 11.61 Bn | 625.22 Mn | 10.54% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 7.24% |
| 7 | Meritage Homes | 4.20 Bn | 3.39 Bn | 254.14 Mn | 6.47% |
| 8 | M | 3.64 Bn | 2.91 Bn | 235.50 Mn | 7.44% |
| 9 | Kb Home | 3.06 Bn | 3.00 Bn | 174.03 Mn | 2.46% |
| 10 | Green Brick Partners | 2.95 Bn | 2.82 Bn | 157.52 Mn | 15.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.47% |
| Mar 31, 2026 | 4.95% |
| Dec 31, 2025 | 5.89% |
| Sep 30, 2025 | 7.02% |
| Jun 30, 2025 | 9.04% |
| Mar 31, 2025 | 9.05% |
| Dec 31, 2024 | 10.70% |
| Sep 30, 2024 | 12.34% |
| Jun 30, 2024 | 13.67% |
| Mar 31, 2024 | 12.67% |
| Dec 31, 2023 | 12.03% |
| Sep 30, 2023 | 13.75% |
| Jun 30, 2023 | 11.92% |
| Mar 31, 2023 | 10.26% |
| Dec 31, 2022 | 13.17% |
| Sep 30, 2022 | 16.63% |
| Jun 30, 2022 | 17.71% |
| Mar 31, 2022 | 16.88% |
| Dec 31, 2021 | 15.84% |
| Sep 30, 2021 | 15.93% |