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
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Meritage Homes Corporation (MTH) 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 | Free account |
Against its own ten years
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)
More on MTH
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement