Meritage Homes Corp (MTH)
170.26
+5.19
(+3.14%)
USD |
NYSE |
Apr 26, 11:02
Meritage Homes Gross Profit Margin (Quarterly): 25.38% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 25.38% |
| September 30, 2023 | 26.86% |
| June 30, 2023 | 23.89% |
| March 31, 2023 | 22.32% |
| December 31, 2022 | 25.28% |
| September 30, 2022 | 28.75% |
| June 30, 2022 | 31.67% |
| March 31, 2022 | 30.30% |
| December 31, 2021 | 29.08% |
| September 30, 2021 | 29.74% |
| June 30, 2021 | 27.21% |
| March 31, 2021 | 24.87% |
| December 31, 2020 | 22.78% |
| September 30, 2020 | 21.70% |
| June 30, 2020 | 21.47% |
| March 31, 2020 | 20.05% |
| December 31, 2019 | 19.56% |
| September 30, 2019 | 20.21% |
| June 30, 2019 | 18.73% |
| March 31, 2019 | 17.01% |
| December 31, 2018 | 19.30% |
| September 30, 2018 | 18.47% |
| June 30, 2018 | 18.59% |
| March 31, 2018 | 17.02% |
| December 31, 2017 | 18.64% |
| Date | Value |
|---|---|
| September 30, 2017 | 18.47% |
| June 30, 2017 | 18.10% |
| March 31, 2017 | 16.81% |
| December 31, 2016 | 18.41% |
| September 30, 2016 | 18.13% |
| June 30, 2016 | 17.87% |
| March 31, 2016 | 17.88% |
| December 31, 2015 | 20.01% |
| September 30, 2015 | 19.48% |
| June 30, 2015 | 19.71% |
| March 31, 2015 | 18.98% |
| December 31, 2014 | 20.63% |
| September 30, 2014 | 20.46% |
| June 30, 2014 | 22.26% |
| March 31, 2014 | 22.94% |
| December 31, 2013 | 23.65% |
| September 30, 2013 | 23.62% |
| June 30, 2013 | 21.81% |
| March 31, 2013 | 19.88% |
| December 31, 2012 | 19.67% |
| September 30, 2012 | 18.91% |
| June 30, 2012 | 18.90% |
| March 31, 2012 | 17.88% |
| December 31, 2011 | 15.74% |
| September 30, 2011 | 17.44% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
18.73%
Minimum
Jun 2019
31.67%
Maximum
Jun 2022
24.73%
Average
24.87%
Median
Mar 2021
Gross Profit Margin (Quarterly) Benchmarks
| D.R. Horton Inc | 25.62% |
| Lennar Corp | 14.70% |
| Century Communities Inc | 21.68% |
| KB Home | 21.78% |
| PulteGroup Inc | 29.67% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 17.34% |
| Return on Assets | 12.21% |
| Return on Invested Capital | 13.80% |
| Profit Margin (Quarterly) | 11.96% |
| Operating Margin (Quarterly) | 14.79% |
| Return on Net Operating Assets | 15.35% |