Meritage Homes (MTH) Operating Margin (2010 - 2026)

Meritage Homes (MTH) has reported Operating Margin for 17 consecutive years, with 7.85% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Margin fell 307.0% year-over-year to 7.85% in Q2 2026; TTM through Jun 2026 was 6.92%, a 539.0% decrease from a year earlier, with the FY2025 full-year figure at 8.96%, down 587.0% from the prior year.
• Operating Margin was 7.85% for Q2 2026 at Meritage Homes, up from 5.63% in the prior quarter.
• Over five years, Operating Margin peaked at 23.23% in Q2 2022 and troughed at 5.63% in Q1 2026.
• A 5-year average of 13.82% and a median of 14.56% in 2023 frame the typical range for Operating Margin.
• Across the five-year window, Operating Margin soared 708 bps in 2022 and sank 998 bps in 2023, its largest moves.
• Over 5 years, Operating Margin stood at 16.7% in 2022, then decreased by 13 bps to 14.49% in 2023, then slipped by 14 bps to 12.42% in 2024, then tumbled by 53 bps to 5.78% in 2025, then surged by 36 bps to 7.85% in 2026.
• The last three Operating Margin figures came in at 7.85% (Q2 2026), 5.63% (Q1 2026), and 5.78% (Q4 2025), per Business Quant data.