Meritage Homes (MTH) Tax Rate (2010 - 2026)
Meritage Homes' (MTH) quarterly Tax Rate came in at 24.83% in Q2 2026, up 91.0% year-over-year from 13.0% in Q2 2025, and up 4.6% quarter-over-quarter from 23.74% in Q1 2026.
Analysis
Meritage Homes (MTH) Tax Rate (2010 - 2026) Analysis & Trends
Meritage Homes (MTH) has reported Tax Rate for 17 consecutive years, with 24.83% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 91.0% year-over-year to 24.83% in Q2 2026; TTM through Jun 2026 was 22.43%, a 17.0% decrease from a year earlier, with the FY2025 full-year figure at 22.51%, up 90.0% from the prior year.
- Tax Rate was 24.83% for Q2 2026 at Meritage Homes, up 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.
- Across the five-year window, Tax Rate surged 344 bps in 2022 and slumped 355 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 23.34% in 2022, then retreated by 1 bps to 23.18% in 2023, then dropped by 5 bps to 22.08% in 2024, then slipped by 16 bps to 18.52% in 2025, then soared by 34 bps to 24.83% in 2026.
- The last three Tax Rate figures came in at 24.83% (Q2 2026), 23.74% (Q1 2026), and 18.52% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.06 Bn | 38.52 Bn | 2.15 Bn | 25.08% |
| 2 | Pultegroup | 23.32 Bn | 21.94 Bn | 1.06 Bn | 24.17% |
| 3 | Lennar | 17.60 Bn | 15.42 Bn | 7.69 Bn | - |
| 4 | Nvr | 16.78 Bn | 15.69 Bn | 485.14 Mn | 25.79% |
| 5 | Toll Brothers | 13.05 Bn | 12.01 Bn | 625.22 Mn | 25.25% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 23.15% |
| 7 | Meritage Homes | 4.38 Bn | 3.58 Bn | 254.14 Mn | 24.83% |
| 8 | M | 3.74 Bn | 3.01 Bn | 235.50 Mn | 24.39% |
| 9 | Kb Home | 3.20 Bn | 3.14 Bn | 174.03 Mn | 26.58% |
| 10 | Green Brick Partners | 3.06 Bn | 2.98 Bn | 157.52 Mn | 20.81% |
Historic Data
Download Data
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% |