Meritage Homes (MTH) Price to Earnings (2012 - 2026)
Meritage Homes' Price to Earnings came in at 16.60 for Q2 2026, up 122.3% from 7.47 a year earlier and up 55.1% from the prior quarter.
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Analysis
Meritage Homes (MTH) Price to Earnings (2012 - 2026) Analysis & Trends
For FY2025, Meritage Homes' Price to Earnings was 9.90, up 40.7% from FY2024.
- Going back by year, Price to Earnings was 7.04 in FY2024 (-18.1%), 8.59 in FY2023 (+152.7%), 3.40 in FY2022 (-45.0%) and 6.18 in FY2021 (-15.8%).
- The Q2 2026 figure represents the highest quarterly Price to Earnings in data going back to Q4 2012.
- Year-over-year, Price to Earnings has increased for five consecutive quarters, with growth averaging 32.3% over the last eight quarters.
- The fastest year-over-year change in Price to Earnings over five years came in Q4 2023 (growth of 152.7%), and the weakest in Q2 2022 (a decline of 53.6%).
- Business Quant data shows MTH's Price to Earnings at 10.70 (Q1 2026), 9.90 (Q4 2025) and 9.42 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Horton D R | 38.47 Bn | 29.36 Bn | 2.15 Bn |
| 2 | Pultegroup | 21.81 Bn | 15.10 Bn | 1.06 Bn |
| 3 | Lennar | 17.29 Bn | 6.72 Bn | 807.31 Mn |
| 4 | Nvr | 16.35 Bn | 9.63 Bn | 485.14 Mn |
| 5 | Toll Brothers | 12.57 Bn | 7.95 Bn | 625.22 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn |
| 7 | Champion Homes | 4.84 Bn | 2.32 Bn | - |
| 8 | Cavco Industries | 4.47 Bn | 3.22 Bn | - |
| 9 | Meritage Homes | 4.20 Bn | 1.12 Bn | 513.60 Mn |
| 10 | M | 3.42 Bn | 495.84 Mn | 235.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.60 |
| Mar 31, 2026 | 10.70 |
| Dec 31, 2025 | 9.90 |
| Sep 30, 2025 | 9.42 |
| Jun 30, 2025 | 7.47 |
| Mar 31, 2025 | 7.04 |
| Dec 31, 2024 | 7.04 |
| Sep 30, 2024 | 9.13 |
| Jun 30, 2024 | 7.02 |
| Mar 31, 2024 | 8.03 |
| Dec 31, 2023 | 8.59 |
| Sep 30, 2023 | 5.56 |
| Jun 30, 2023 | 6.21 |
| Mar 31, 2023 | 4.74 |
| Dec 31, 2022 | 3.40 |
| Sep 30, 2022 | 2.66 |
| Jun 30, 2022 | 2.93 |
| Mar 31, 2022 | 3.53 |
| Dec 31, 2021 | 6.18 |
| Sep 30, 2021 | 5.58 |
API Access
Meritage Homes Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=MTH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "MTH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();