SuperworthMeritage Homes CORP profit margin MTH
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 6.1%
- Operating margin, 12 months
- 7.1%
- Net margin on a year earlier
- −4.2 pts
- Peer median
- 7.5%
Over the twelve months to Jun 30, 2026, Meritage Homes CORP kept 6.1% of its revenue as net profit, with an operating margin of 7.1% and a gross margin of 17.9%.
Five years earlier its net margin was 6.0%.
The median for 10 homebuilders of a similar size is 7.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 7.7% | 9.2% | 19.7% |
| FY2024 | 12.3% | 15.0% | 25.0% |
| FY2023 | 12.0% | 14.7% | 24.7% |
| FY2022 | 15.8% | 20.4% | 28.7% |
| FY2021 | 14.4% | 18.8% | 27.9% |
| FY2020 | 4.7% | 5.9% | 21.5% |
| FY2019 | 3.4% | 4.1% | 18.9% |
| FY2018 | 3.2% | n/a | 18.2% |
| FY2017 | 3.5% | 6.1% | 17.8% |
| FY2016 | 4.9% | 7.2% | 17.5% |
| FY2015 | 5.0% | 8.0% | 19.0% |
| FY2014 | 6.6% | 9.5% | 20.9% |
| FY2013 | 6.9% | n/a | 21.8% |
| FY2012 | 8.8% | 5.5% | 18.3% |
| FY2011 | −2.5% | 0.9% | 16.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 6.1% | −4.2 pts | 7.1% | |
| Q1 FY26 | 6.9% | −4.6 pts | 8.1% | |
| Q4 FY25 | 7.7% | −4.6 pts | 9.2% | |
| Q3 FY25 | 9.0% | −3.7 pts | 10.9% | |
| Q2 FY25 | 10.3% | −2.7 pts | 12.5% | |
| Q1 FY25 | 11.5% | −1.0 pts | 14.0% | |
| Q4 FY24 | 12.3% | +0.3 pts | 15.0% | |
| Q3 FY24 | 12.6% | +0.2 pts | 15.5% | |
| Q2 FY24 | 13.0% | −0.1 pts | 15.9% | |
| Q1 FY24 | 12.5% | −1.9 pts | 15.4% | |
| Q4 FY23 | 12.0% | −3.7 pts | 14.7% | |
| Q3 FY23 | 12.4% | −4.3 pts | 15.4% |
Against its peers
Companies in Residential Construction nearest Meritage Homes CORP's size, closest first, today.
| Company | Profit margin |
|---|---|
| MTHMeritage Homes CORP | 6.1% |
| TPCTutor Perini | 2.1% |
| ECGEverus Construction | 6.0% |
| GEOGEO | 10.3% |
| IBPInstalled Building Products | 8.5% |
| MHOM/I Homes | 6.6% |
| KBHKB Home | 4.4% |
| GRBKGreen Brick Partners | 14.5% |
| CCSCentury Communities | 3.4% |
| TOLToll Brothers | 11.1% |
| NVRNVR | 12.0% |
| Peer median | 7.5% |
Where Meritage Homes CORP ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Meritage Homes CORP
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.