Meritage Homes (MTH) Tax Rate (2010 - 2026)
Meritage Homes (MTH) posted quarterly Tax Rate of 24.83% for Q2 2026, up 91.0% year-over-year from 13.0% in Q2 2025, and up 4.6% on a QoQ basis from 23.74% in Q1 2026.
Meritage Homes (MTH) Tax Rate (2010 - 2026) Analysis & Trends
Meritage Homes has reported Tax Rate for 17 years, with the latest figure at 24.83% in Q2 2026.
- Tax Rate for Q2 2026 came in at 24.83%, up 91.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 22.43% (down 17.0% YoY), and the FY2025 annual result was 22.51%, up 90.0% from the prior year.
- Tax Rate rose to 24.83% in Q2 2026, from 23.74% in the prior quarter.
- Over five years, Tax Rate peaked at 24.83% in Q2 2026 and troughed at 18.52% in Q4 2025.
- A 5-year average of 22.42% and a median of 22.48% in 2023 frame the typical range for Tax Rate.
- The widest annual swing landed in 2022, when Tax Rate jumped 344 bps; it then sank 355 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 23.34% in 2022, then slipped by 1 bps to 23.18% in 2023, then fell by 5 bps to 22.08% in 2024, then declined by 16 bps to 18.52% in 2025, then surged by 34 bps to 24.83% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 24.83% in Q2 2026, 23.74% in Q1 2026, and 18.52% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.75 Bn | 39.61 Bn | 2.15 Bn | 25.08% |
| 2 | Pultegroup | 24.22 Bn | 22.84 Bn | 1.06 Bn | 24.17% |
| 3 | Lennar | 20.63 Bn | 18.45 Bn | 7.69 Bn | - |
| 4 | Nvr | 17.05 Bn | 15.96 Bn | 485.14 Mn | 25.79% |
| 5 | Toll Brothers | 13.82 Bn | 12.72 Bn | 604.89 Mn | 25.63% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 23.15% |
| 7 | Installed Building Products | 6.51 Bn | 6.12 Bn | 258.90 Mn | 23.74% |
| 8 | Champion Homes | 5.01 Bn | 4.37 Bn | - | - |
| 9 | Meritage Homes | 4.69 Bn | 3.88 Bn | 254.14 Mn | 24.83% |
| 10 | Cavco Industries | 4.53 Bn | 4.28 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.83% |
| Jun 30, 2026 | 24.83% |
| Jun 30, 2026 | 24.83% |
| Mar 31, 2026 | 23.74% |
| Mar 31, 2026 | 23.74% |
| Mar 31, 2026 | 23.74% |
| Dec 31, 2025 | 18.52% |
| Dec 31, 2025 | 18.52% |
| Dec 31, 2025 | 18.52% |
| Sep 30, 2025 | 22.57% |
| Sep 30, 2025 | 22.57% |
| Sep 30, 2025 | 22.57% |
| Jun 30, 2025 | 23.92% |
| Jun 30, 2025 | 23.92% |
| Jun 30, 2025 | 23.92% |
| Mar 31, 2025 | 23.32% |
| Mar 31, 2025 | 23.32% |
| Mar 31, 2025 | 23.32% |
| Dec 31, 2024 | 22.08% |
| Dec 31, 2024 | 22.08% |