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

Meritage Homes (MTH) reported Tax Rate of 23.74% for Q1 2026, up 41.0% year-over-year from 16.83% in Q1 2025, and up 28.16% quarter-over-quarter 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.

  • Tax Rate for Q1 2026 came in at 23.74%, up 41.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.43% (up 25.0% YoY), and the FY2025 annual result was 22.51%, up 90.0% from the prior year.
  • Tax Rate grew to 23.74% in Q1 2026 per MTH's latest filing, from 18.52% in the prior quarter.
  • Over five years, Tax Rate peaked at 24.6% in Q2 2022 and troughed at 18.52% in Q4 2025.
  • A 5-year average of 22.28% and a median of 22.39% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2025: Tax Rate soared 344 bps in 2022, then sank 355 bps in 2025.
  • A 5-year view of Tax Rate shows it stood at 23.34% in 2022, then decreased by 1 bps to 23.18% in 2023, then declined by 5 bps to 22.08% in 2024, then dropped by 16 bps to 18.52% in 2025, then increased by 28 bps to 23.74% in 2026.
  • Business Quant data shows MTH's Tax Rate at 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 41.60 Bn 40.25 Bn 1.70 Bn 24.14%
2 Pultegroup 22.64 Bn 20.83 Bn 881.27 Mn 22.79%
3 Lennar 22.34 Bn 20.15 Bn 6.36 Bn -
4 Nvr 17.27 Bn 15.62 Bn 1.31 Bn 21.19%
5 Toll Brothers 13.05 Bn 11.95 Bn 604.89 Mn 25.63%
6 Taylor Morrison Home 6.86 Bn 6.86 Bn 290.64 Mn 23.15%
7 Installed Building Products 5.39 Bn 4.91 Bn 212.30 Mn 26.11%
8 Meritage Homes 4.60 Bn 3.84 Bn -269,000.00 23.74%
9 Cavco Industries 4.47 Bn 4.44 Bn 135.92 Mn 23.49%
10 Champion Homes 4.25 Bn 3.59 Bn 172.19 Mn 18.38%

Historic Data

Download Data
DateValue
Mar 31, 2026 23.74%
Mar 31, 2026 23.74%
Dec 31, 2025 18.52%
Dec 31, 2025 18.52%
Sep 30, 2025 22.57%
Sep 30, 2025 22.57%
Jun 30, 2025 23.92%
Jun 30, 2025 23.92%
Mar 31, 2025 23.32%
Mar 31, 2025 23.32%
Dec 31, 2024 22.08%
Dec 31, 2024 22.08%
Sep 30, 2024 21.59%
Sep 30, 2024 21.59%
Jun 30, 2024 22.13%
Jun 30, 2024 22.13%
Mar 31, 2024 20.51%
Mar 31, 2024 20.51%
Dec 31, 2023 23.18%
Dec 31, 2023 23.18%