Meritage Homes (MTH) Profit After Tax (2010 - 2026)
Meritage Homes (MTH) posted Profit After Tax of $90.63 million for Q2 2026, down 38.3% from $146.88 million a year earlier but up 63.9% from the prior quarter.
Meritage Homes (MTH) Profit After Tax (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Profit After Tax at Meritage Homes was $329.27 million, down 48.4% year-over-year; for FY2025, it came in at $453.01 million, down 42.4% from FY2024.
- Annual Profit After Tax shows a five-year compound annual growth rate of 1.4% (FY2020 to FY2025).
- In prior years, Meritage Homes' Profit After Tax was $786.19 million in FY2024 (+6.4%), $738.75 million in FY2023 (-25.5%), $992.19 million in FY2022 (+34.5%) and $737.44 million in FY2021 (+74.1%).
- Quarterly Profit After Tax has run from a low of $55.31 million in Q1 2026 to a high of $262.49 million in Q3 2022 over five years.
- On a year-over-year basis, Profit After Tax has declined in each of the last eight quarters, with an average decline of 36.2% over the last eight quarters.
- The strongest year-over-year quarter for Profit After Tax in the past five years was Q3 2021, with growth of 84.0%; the weakest was Q1 2026, with a decline of 55.0%.
- According to Business Quant data, Profit After Tax for the three prior quarters was $55.31 million (Q1 2026), $84.03 million (Q4 2025) and $99.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.61 Bn | 31.91 Bn | 2.15 Bn | 918.70 Mn |
| 2 | Pultegroup | 22.54 Bn | 15.84 Bn | 1.06 Bn | 524.79 Mn |
| 3 | Lennar | 20.07 Bn | 10.44 Bn | 618.54 Mn | 285.49 Mn |
| 4 | Nvr | 16.40 Bn | 9.68 Bn | 485.14 Mn | 245.24 Mn |
| 5 | Toll Brothers | 13.20 Bn | 8.57 Bn | 625.22 Mn | 264.51 Mn |
| 6 | Champion Homes | 4.44 Bn | 1.92 Bn | - | - |
| 7 | Cavco Industries | 4.24 Bn | 2.99 Bn | - | - |
| 8 | Meritage Homes | 4.18 Bn | 1.10 Bn | 513.60 Mn | 90.63 Mn |
| 9 | M | 3.16 Bn | 235.45 Mn | 235.50 Mn | -751.30 Mn |
| 10 | Kb Home | 2.81 Bn | 2.02 Bn | -857.09 Mn | 54.52 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 90.63 Mn |
| Mar 31, 2026 | 55.31 Mn |
| Dec 31, 2025 | 84.03 Mn |
| Sep 30, 2025 | 99.30 Mn |
| Jun 30, 2025 | 146.88 Mn |
| Mar 31, 2025 | 122.81 Mn |
| Dec 31, 2024 | 172.65 Mn |
| Sep 30, 2024 | 195.97 Mn |
| Jun 30, 2024 | 231.56 Mn |
| Mar 31, 2024 | 186.02 Mn |
| Dec 31, 2023 | 198.85 Mn |
| Sep 30, 2023 | 221.76 Mn |
| Jun 30, 2023 | 186.84 Mn |
| Mar 31, 2023 | 131.30 Mn |
| Dec 31, 2022 | 262.37 Mn |
| Sep 30, 2022 | 262.49 Mn |
| Jun 30, 2022 | 250.08 Mn |
| Mar 31, 2022 | 217.25 Mn |
| Dec 31, 2021 | 237.46 Mn |
| Sep 30, 2021 | 200.75 Mn |
Meritage Homes Profit After Tax 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=profit-after-tax&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "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=profit-after-tax&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();