Meritage Homes Reports Q3 2025 Earnings with Revenue Decline and Margin Pressure
Meritage Homes (MTH) reported Q3 2025 earnings with a 12% decline in home closing revenue to $1.4 billion, driven by lower closing volume and average selling prices. The company also saw a significant drop in gross margin, down 570 basis points to 19.1%, though adjusted EPS met guidance. The company increased its community count to a record high of 334.
Tickers: $MTH
Topics: Community Count Earnings EPS Gross Margin Home Closings Revenue