Meritage Corporation (MTH)

Interest coverage

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 537,477 668,724 779,726 884,013 958,345 996,695 1,030,755 970,923 902,389 995,117 1,051,372 1,156,863 1,286,645 1,260,207 1,191,162 1,091,548 970,576 875,197 749,050 632,964
Interest expense (ttm) US$ in thousands 2,978 4,603 5,535 4,693 4,020 1,263 2,462 8,257 8,516 8,598 7,474 3,200 2,982 2,972 1,713 269 318 247 223 2,251
Interest coverage 180.48 145.28 140.87 188.37 238.39 789.15 418.67 117.59 105.96 115.74 140.67 361.52 431.47 424.03 695.37 4,057.80 3,052.13 3,543.31 3,358.97 281.19

December 31, 2025 calculation

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