Meritage Corporation (MTH)

Pretax margin

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before tax but after interest (EBT) US$ in thousands 584,600 1,002,870 949,430 1,289,320 954,834
Revenue US$ in thousands 5,857,640 6,395,040 6,113,010 6,292,200 5,141,320
Pretax margin 9.98% 15.68% 15.53% 20.49% 18.57%

December 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $584,600K ÷ $5,857,640K
= 9.98%