Meritage Homes (MTH) Tax Rate (2010 - 2026)

Meritage Homes' (MTH) quarterly Tax Rate came in at 23.74% in Q1 2026, up 41.0% year-on-year from 16.83% in Q1 2025, and up 28.16% on a QoQ basis from 18.52% in Q4 2025.

Meritage Homes (MTH) Tax Rate (2010 - 2026) Analysis & Trends

Meritage Homes (MTH) has 17 years of Tax Rate data on file, last reported at 23.74% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 41.0% year-over-year to 23.74% in Q1 2026; TTM through Mar 2026 was 22.43%, a 25.0% increase from a year earlier, with the FY2025 full-year figure at 22.51%, up 90.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 23.74%, up from 18.52% in the prior quarter.
  • Over the last five years, Tax Rate for MTH reached as high as 24.6% in Q2 2022 and fell as low as 18.52% in Q4 2025.
  • Historically, Tax Rate has averaged 22.28% across 5 years, with a median of 22.39% in 2023.
  • Across the five-year window, Tax Rate jumped 344 bps in 2022 and tumbled 355 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 23.34% in 2022, then declined by 1 bps to 23.18% in 2023, then decreased by 5 bps to 22.08% in 2024, then retreated by 16 bps to 18.52% in 2025, then advanced by 28 bps to 23.74% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 23.74% in Q1 2026, 18.52% in Q4 2025, and 22.57% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 25.08%
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 24.17%
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn -
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 21.19%
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 25.62%
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 23.15%
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 26.11%
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn 23.74%
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn 18.34%
10 M 4.43 Bn 3.66 Bn 202.59 Mn 23.93%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 22.08%
Sep 30, 2024 21.59%
Sep 30, 2024 21.59%