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. In the quarter to June 2026, revenue fell 13.8%, EPS fell 33.0%, free cash flow grew 2,517.0% and total debt rose 1.07%, each against the same quarter a year earlier. Dividend growth for three consecutive years.
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Meritage Homes Corporation (MTH) P/E ratio
As of 9 October 2026, Meritage Homes Corporation (MTH) trades at a P/E ratio of 12.2×. Over the past ten years it has ranged from 2.5× (October 2022) to 17.4× (June 2026); the current reading is higher than 87% of that period. That is below the Residential Construction industry median of 13.0× and below the Consumer Cyclical sector median of 17.2×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 10.3× | 45.48% |
| FY2024 | 7.1× | (16.22%) |
| FY2023 | 8.5× | 145.24% |
| FY2022 | 3.5× | (44.54%) |
| FY2021 | 6.2× | (15.57%) |
| FY2020 | 7.4× | (21.40%) |
| FY2019 | 9.4× | 44.75% |
| FY2018 | 6.5× | (56.09%) |
| FY2017 | 14.7× | 55.54% |
| FY2016 | 9.5× | (9.65%) |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 17.4× | 54.76% |
| Mar 2026 | 11.3× | 9.22% |
| Dec 2025 | 10.3× | 7.70% |
| Sep 2025 | 9.6× | 26.81% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| GRBK Green Brick Partners, Inc. compare | 9.4× |
| MHO M/I Homes, Inc. compare | 10.5× |
| TOL Toll Brothers Inc. compare | 10.6× |
| KBH KB Home compare | 11.9× |
| MTH Meritage Homes Corporation | 12.2× |
| LGIH LGI Homes, Inc. compare | 15.4× |
| IBP Installed Building Products, Inc. compare | 19.8× |
| CVCO Cavco Industries, Inc. compare | 22.9× |
| SKY Champion Homes, Inc. compare | 23.3× |
| Residential Construction industry median | 13.0× |
| Consumer Cyclical sector median | 17.2× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)