Meritage Corporation (MTH · NYSE)

MTH · MARKET VIEW

Market view · as of Jun 8, 2026

Revenue (TTM)

$5.62B

-17.7% YoY

Gross margin

19.1%

EPS (latest q)

$0.86

vs $0.98 est · miss

Meritage Homes Corporation (MTH) reported revenue down 17.7% and earnings down 51.5% year-over-year for the quarter ending March 31, 2026. The Scottsdale-based homebuilder generated $1.12 billion in revenue and $55.3 million in net income, missing earnings estimates in three of the last four quarters. With a market capitalization of $4.56 billion, the company holds $1.81 billion in total debt and trades at a P/E ratio of 12.47 and a price-to-book ratio of 0.895.

Valuation

Market cap: $4.56B
P/E: 12.47
PEG: 0.539
P/B: 0.895
P/S: 0.813
EV/EBITDA: 10.9
Beta: 1.41
Analyst target: $77.78

Quality & returns

Gross margin: 19.1%
Operating margin: 5.8%
Profit margin: 6.9%
ROE: 7.5%
ROA: 3.9%

Quarterly trajectory

Revenue by quarter (oldest → newest)

Quarter	Revenue	Op income	Net income	EBITDA
2026-03-31	$1.12B	$65.3M	$55.3M	$70.7M
2025-12-31	$1.44B	$86.3M	$84.0M	$109.8M
2025-09-30	$1.42B	$120.1M	$99.3M	$134.2M
2025-06-30	$1.63B	$182.2M	$146.9M	$188.9M

Sources this view read

fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
earnings Reported earnings history (Alpha Vantage EARNINGS)

Other snapshots