Meritage Corporation (MTH)

Interest coverage

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before interest and tax (EBIT) US$ in thousands 537,477 958,345 1,270,390 1,286,640 970,576
Interest expense US$ in thousands 2,978 2,096 656 41 318
Interest coverage 180.48 457.23 1,936.57 31,381.46 3,052.13

December 31, 2025 calculation

Interest coverage = EBIT ÷ Interest expense
= $537,477K ÷ $2,978K
= 180.48