Meritage Homes Corp (MTH)
184.44
+6.76
(+3.80%)
USD |
NYSE |
Nov 22, 16:00
184.54
+0.10
(+0.05%)
Pre-Market: 20:00
Meritage Homes Gross Profit Margin (Quarterly): 24.85% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 24.85% |
| June 30, 2024 | 26.10% |
| March 31, 2024 | 25.65% |
| 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% |
| Date | Value |
|---|---|
| June 30, 2018 | 18.59% |
| March 31, 2018 | 17.02% |
| December 31, 2017 | 18.64% |
| 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% |
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
19.56%
Minimum
Dec 2019
31.67%
Maximum
Jun 2022
25.38%
Average
25.33%
Median
Gross Profit Margin (Quarterly) Benchmarks
| PulteGroup Inc | 29.06% |
| Taylor Morrison Home Corp | 25.04% |
| M/I Homes Inc | 27.07% |
| KB Home | 20.85% |
| D.R. Horton Inc | 25.54% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 17.16% |
| Return on Assets | 12.29% |
| Return on Invested Capital | 13.86% |
| Profit Margin (Quarterly) | 12.28% |
| Operating Margin (Quarterly) | 15.00% |
| Return on Net Operating Assets | 15.05% |