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) Return on equity

Alert me on Return on equity

Meritage Homes Corporation's return on equity over the twelve months to 30 September 2026 was 5.76%, down 3.0 percentage points from fiscal 2025 (8.76%). Over the past ten years it has ranged from 8.76% (fiscal 2025) to 28.4% (fiscal 2022) — the current reading is the lowest in ten years. That is below the Residential Construction industry median of 11.6% and above the Consumer Cyclical sector median of 3.20%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 8.76% (7.36)
FY2024 16.1% (1.14)
FY2023 17.3% (11.11)
FY2022 28.4% 1.02
FY2021 27.4% 7.75
FY2020 19.6% 6.09
FY2019 13.5% (0.28)
FY2018 13.8% 4.23
FY2017 9.56% (1.60)
FY2016 11.2% 0.29

Against its own ten years

Low 8.76% High 28.4%
Ten-year median 13.8%
Current reading's percentile 9

Return on equity against peers

Company Return on equity
IBP Installed Building Products, Inc. compare 34.3%
NVR NVR, Inc. compare 28.3%
CVCO Cavco Industries, Inc. compare 16.6%
TOL Toll Brothers Inc. compare 14.4%
GRBK Green Brick Partners, Inc. compare 14.3%
SKY Champion Homes, Inc. compare 11.8%
MHO M/I Homes, Inc. compare 8.67%
KBH KB Home compare 5.88%
MTH Meritage Homes Corporation 5.76%
Residential Construction industry median 11.6%
Consumer Cyclical sector median 3.20%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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