Meritage Homes Corporation

MTH Consumer Cyclical Residential Construction

Meritage Homes Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.9 billion, down 8.40% from fiscal 2024.

Revenue
−17.4%
EPS
−25.7%
Free cash flow
+66.2%
Total debt
+1.25%

Quarter to September 2026, against a year earlier

70.91 2.38 −3.25%
Market cap
$4.6B
P/E
15.9×
Fwd P/E
14.9×
Dividend yield
2.64%
F-score
4/9
Altman Z
3.21
Beneish M
−1.98
Dividend safety
49/100

Meritage Homes Corporation (MTH) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Meritage Homes Corporation (MTH) trades at a EV/EBITDA of 15.5×. Over the past ten years it has ranged from 2.6× (October 2022) to 15.9× (November 2026); the current reading is higher than 100% of that period. That is above the Residential Construction industry median of 12.5× and above the Consumer Cyclical sector median of 9.8×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 10.1× 58.85%
FY2024 6.4× (6.96%)
FY2023 6.8× 141.39%
FY2022 2.8× (45.13%)
FY2021 5.2× (14.95%)
FY2020 6.1× (32.82%)
FY2019 9.0× 9.56%
FY2018 8.2× (33.71%)
FY2017 12.4× 18.63%
FY2016 10.5× 5.24%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 14.1× (11.33%)
Jun 2026 15.9× 45.55%
Mar 2026 10.9× 7.95%
Dec 2025 10.1× 11.37%
43 more quarters

Against its own ten years

Low 2.6× High 15.9×
Ten-year median 9.2×
Current reading's percentile 100

EV/EBITDA against peers

Company EV/EBITDA
GRBK Green Brick Partners, Inc. compare 8.5×
MHO M/I Homes, Inc. compare 10.1×
TOL Toll Brothers Inc. compare 10.3×
NVR NVR, Inc. compare 10.5×
IBP Installed Building Products, Inc. compare 12.5×
KBH KB Home compare 15.0×
MTH Meritage Homes Corporation 15.5×
SKY Champion Homes, Inc. compare 15.9×
CVCO Cavco Industries, Inc. compare 18.2×
Residential Construction industry median 12.5×
Consumer Cyclical sector median 9.8×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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