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) Revenue growth

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Meritage Homes Corporation's revenue growth over the twelve months to 30 September 2026 was −14.9%, down 6.5 percentage points from fiscal 2025 (−8.40%). Over the past ten years it has ranged from −8.40% (fiscal 2025) to 22.8% (fiscal 2020) — the current reading is the lowest in ten years. That is below the Residential Construction industry median of −6.00% and below the Consumer Cyclical sector median of 4.18%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 −8.40% (12.58)
FY2024 4.18% 6.63
FY2023 −2.45% (24.84)
FY2022 22.4% 8.17
FY2021 14.2% (8.53)
FY2020 22.8% 18.83
FY2019 3.92% (4.95)
FY2018 8.87% 2.32
FY2017 6.55% (11.37)
FY2016 17.9% (0.42)

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 −17.4% (3.64)
Jun 2026 −13.8% 3.90
Mar 2026 −17.7% (6.20)
Dec 2025 −11.5% (0.66)
43 more quarters

Against its own ten years

Low −8.40% High 22.8%
Ten-year median 8.87%
Current reading's percentile 9

Revenue growth against peers

Company Revenue growth
CVCO Cavco Industries, Inc. compare 11.8%
SKY Champion Homes, Inc. compare 3.45%
IBP Installed Building Products, Inc. compare 0.70%
TOL Toll Brothers Inc. compare −1.08%
GRBK Green Brick Partners, Inc. compare −5.02%
MHO M/I Homes, Inc. compare −6.00%
NVR NVR, Inc. compare −10.9%
MTH Meritage Homes Corporation −14.9%
KBH KB Home compare −20.8%
Residential Construction industry median −6.00%
Consumer Cyclical sector median 4.18%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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