Meritage Homes (MTH) Total Debt (2013 - 2026)
Meritage Homes' Total Debt was $1.81 billion in Q2 2026, up 0.3% from $1.8 billion a year earlier and up 0.1% from the prior quarter.
Analysis
Meritage Homes (MTH) Total Debt (2013 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at Meritage Homes came in at $1.8 billion, up 38.1% from FY2024.
- Total Debt shows a five-year compound annual growth rate of 12.6% (FY2020 to FY2025).
- In earlier years, Total Debt was $1.31 billion in FY2024 (+31.4%), $994.69 million in FY2023 (-13.0%), $1.14 billion in FY2022 (+0.1%) and $1.14 billion in FY2021 (+14.6%).
- The Q2 2026 figure marks the highest quarterly Total Debt in data going back to Q4 2013.
- Compared with a year earlier, Total Debt has increased for nine straight quarters, with growth averaging 32.3% over the last eight quarters.
- The best year-over-year quarter for Total Debt over five years was Q1 2025 (growth of 80.9%); the worst was Q3 2023 (a decline of 13.0%).
- Per Business Quant data, MTH's Total Debt in the three quarters before Q2 2026 was $1.81 billion (Q1 2026), $1.8 billion (Q4 2025) and $1.8 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | - |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | - |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | 908.16 Mn |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 1.74 Bn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 1.46 Bn |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | 14.44 Mn |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | - |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | 1.81 Bn |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.81 Bn |
| Mar 31, 2026 | 1.81 Bn |
| Dec 31, 2025 | 1.80 Bn |
| Sep 30, 2025 | 1.80 Bn |
| Jun 30, 2025 | 1.80 Bn |
| Mar 31, 2025 | 1.80 Bn |
| Dec 31, 2024 | 1.31 Bn |
| Sep 30, 2024 | 1.30 Bn |
| Jun 30, 2024 | 1.30 Bn |
| Mar 31, 2024 | 994.97 Mn |
| Dec 31, 2023 | 994.69 Mn |
| Sep 30, 2023 | 994.41 Mn |
| Jun 30, 2023 | 1.14 Bn |
| Mar 31, 2023 | 1.14 Bn |
| Dec 31, 2022 | 1.14 Bn |
| Sep 30, 2022 | 1.14 Bn |
| Jun 30, 2022 | 1.14 Bn |
| Mar 31, 2022 | 1.14 Bn |
| Dec 31, 2021 | 1.14 Bn |
| Sep 30, 2021 | 1.14 Bn |
API Access
Meritage Homes Total Debt 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=total-debt&ticker=MTH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=MTH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();