Meritage Homes Corporation

MTHNYSEConsumer Cyclical● Active

$68.24

$-0.09(-0.13%)

Market Cap$4.6B

P/E Ratio—

52W High$84.74

52W Low$58.03

Avg Volume955K

Open$68.30

Beta1.41

Net Income Financials Revenue

Meritage Homes Corporation (MTH) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

MTH · net income · updated Jun 8, 2026

Core profitability metrics

MTH · net income · margin · TTM · CAGR

Net income was $453.0M for FY2025 (fiscal year ending 2025-12-31), down 42.4% year-over-year. Net profit margin was 7.7%. Based on available data, Meritage Homes Corporation has been profitable since at least 2012.

FY2025 Net Income$453.0M▼ -42.4% YoY

Trailing 12M (TTM)$385.5Mtrailing 4 quarters sum

Net Profit Margin7.7%$453.0M ÷ $5.86B

YoY Change-42.4%—

5-Year CAGR+1.4%FY2020 → FY2025

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2012

▸ FMP /income-statement · Annual · MTH net income history · MTH profit margin

Annual net income data

MTH · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2025$453.0M▼ 42.4%7.7%$5.86B

FY2024$786.2M▲ +6.4%12.3%$6.40B

FY2023$738.7M▼ 25.5%12.0%$6.14B

FY2022$992.2M▲ +34.5%15.8%$6.29B

FY2021$737.4M▲ +74.1%14.3%$5.14B

Net income vs peers (Consumer Cyclical)

MTH vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Meritage Homes CorporationYOU

MTH

$453.0M-42.4%7.7%

Toyota Motor Corporation

$4.08T-14.4%7.6%

100%

Alibaba Group Holding Limited

Consumer Cyclical · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Meritage Homes Corporation (MTH) reported net income of $453.0M for FY2025 (fiscal year ending 2025-12-31), down 42.4% year-over-year. The net profit margin was 7.7% — meaning the company kept $0.08 of every dollar of revenue as profit.

Based on available data, Meritage Homes Corporation has been profitable since at least 2012. Net income reached a peak of $992.2M in FY2022. Data available for 15 fiscal years.

Meritage Homes Corporation's net profit margin was 7.7% for FY2025, based on the latest annual results.

Investors sometimes search for "Meritage Homes Corporation net worth" — the company's market capitalization is a separate figure from MTH net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

MTH net income · 5 questions

Meritage Homes Corporation is profitable. The company reported net income of $453.0M for FY2025, a net profit margin of 7.7%. Net income was down 42.4% year-over-year. Based on available data, Meritage Homes Corporation has been profitable since at least 2012.

is MTH profitabledoes MTH make a profitMTH profitabilityMTH profitable company

▸ Source: FMP /income-statement · GAAP · Meritage Homes Corporation · Meritage Homes Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026