KPIs & Operating Metrics(New)
Growth Metrics

Meritage Homes (MTH) Operating Income (2016 - 2025)

Meritage Homes (MTH) has disclosed Operating Income for 16 consecutive years, with -$774.0 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Income fell 1067.83% to -$774.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$211.3 million, a 123.36% decrease, with the full-year FY2025 number at -$211.3 million, up 7.6% from a year prior.
  • Operating Income was -$774.0 million for Q4 2025 at Meritage Homes, down from $37.9 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $1.4 billion in Q4 2023 to a low of -$774.0 million in Q4 2025.
  • A 5-year average of $115.3 million and a median of -$45.5 million in 2021 define the central range for Operating Income.
  • Biggest YoY gain for Operating Income was 1299.19% in 2025; the steepest drop was 1067.83% in 2025.
  • Meritage Homes' Operating Income stood at -$47.7 million in 2021, then soared by 1294.24% to $569.9 million in 2022, then skyrocketed by 151.94% to $1.4 billion in 2023, then tumbled by 104.62% to -$66.3 million in 2024, then tumbled by 1067.83% to -$774.0 million in 2025.
  • Per Business Quant, the three most recent readings for MTH's Operating Income are -$774.0 million (Q4 2025), $37.9 million (Q3 2025), and $579.8 million (Q2 2025).