Meritage Homes annual operating margin
2010
2011
2012
2013
2014
2022
2023
2024
2025
Meritage Homes Operating Margin Growth & History (MTH)
Meritage Homes's operating margin was 9.28% for fiscal 2025.
View full Meritage Homes company overviewMeritage Homes annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 9.28% | −5.78 pp |
| 2024 | 2024-12-31 | 15.06% | +0.30 pp |
| 2023 | 2023-12-31 | 14.76% | −5.76 pp |
| 2022 | 2022-12-31 | 20.52% | — |
| 2014 | 2014-12-31 | 10.35% | −1.19 pp |
| 2013 | 2013-12-31 | 11.54% | +5.02 pp |
| 2012 | 2012-12-31 | 6.52% | +3.85 pp |
| 2011 | 2011-12-31 | 2.66% | −2.81 pp |
| 2010 | 2010-12-31 | 5.47% | — |
Meritage Homes quarterly operating margin
Q2.11
Q3.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 8.23% | −2.99 pp |
| Q1 2026 | 2026-03-31 | 5.92% | — |
| Q4 2025 | 2025-12-31 | 6.13% | — |
| Q3 2025 | 2025-09-30 | 8.49% | — |
| Q2 2025 | 2025-06-30 | 11.22% | — |
| Q4 2014 | 2014-12-31 | 10.31% | −3.07 pp |
| Q3 2014 | 2014-09-30 | 9.13% | −3.87 pp |
| Q2 2014 | 2014-06-30 | 11.21% | +0.34 pp |
| Q1 2014 | 2014-03-31 | 11.01% | +3.64 pp |
| Q4 2013 | 2013-12-31 | 13.38% | +5.22 pp |
| Q3 2013 | 2013-09-30 | 13.00% | +5.80 pp |
| Q2 2013 | 2013-06-30 | 10.87% | +4.84 pp |
| Q1 2013 | 2013-03-31 | 7.37% | +4.25 pp |
| Q4 2012 | 2012-12-31 | 8.16% | — |
| Q3 2012 | 2012-09-30 | 7.20% | +3.89 pp |
| Q2 2012 | 2012-06-30 | 6.03% | +1.31 pp |
| Q1 2012 | 2012-03-31 | 3.11% | — |
| Q3 2011 | 2011-09-30 | 3.32% | — |
| Q2 2011 | 2011-06-30 | 4.72% | — |
Meritage Homes operating margin trends
Between the periods ended 2010-12-31 and 2025-12-31, Meritage Homes's operating margin increased from 5.47% to 9.28%, a change of +3.81 percentage points. The latest reported quarter, Q2 2026, shows 8.23%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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