Meritage Homes (MTH) Tax Rate (2010 - 2026)
Meritage Homes' Tax Rate came in at 24.83% for Q2 2026, up 0.91 percentage points from 23.92% a year earlier and up 1.09 percentage points from the prior quarter.
Meritage Homes (MTH) Tax Rate (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Meritage Homes reported Tax Rate of 22.43%, down 0.17 percentage points year-over-year; for FY2025, it was 22.51%, up 0.90 percentage points from FY2024.
- Tax Rate carries a five-year change of +1.88 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 21.61% in FY2024 (-0.58 pp), 22.19% in FY2023 (-0.85 pp), 23.05% in FY2022 (+0.28 pp) and 22.77% in FY2021 (+2.13 pp).
- The Q2 2026 figure represents the highest quarterly Tax Rate since Q2 2019.
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +0.18 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2021 (a gain of 3.82 percentage points), and the weakest in Q4 2025 (a drop of 3.55 percentage points).
- Business Quant data shows MTH's Tax Rate at 23.74% (Q1 2026), 18.52% (Q4 2025) and 22.57% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 25.08% |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | 22.28% |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | 25.43% |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | 25.10% |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 26.35% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 23.15% |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | - |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | - |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | 24.83% |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.83% |
| Mar 31, 2026 | 23.74% |
| Dec 31, 2025 | 18.52% |
| Sep 30, 2025 | 22.57% |
| Jun 30, 2025 | 23.92% |
| Mar 31, 2025 | 23.32% |
| Dec 31, 2024 | 22.08% |
| Sep 30, 2024 | 21.59% |
| Jun 30, 2024 | 22.13% |
| Mar 31, 2024 | 20.51% |
| Dec 31, 2023 | 23.18% |
| Sep 30, 2023 | 22.39% |
| Jun 30, 2023 | 22.00% |
| Mar 31, 2023 | 20.57% |
| Dec 31, 2022 | 23.34% |
| Sep 30, 2022 | 20.34% |
| Jun 30, 2022 | 24.60% |
| Mar 31, 2022 | 24.01% |
| Dec 31, 2021 | 23.77% |
| Sep 30, 2021 | 23.29% |
Meritage Homes Tax Rate 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=tax-rate&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();