Meritage Homes Gross Margin 2010-2024 | MTH
- Meritage Homes average gross margin for 2023 was 25.61%, a 13.33% increase from 2022.
- Meritage Homes average gross margin for 2022 was 29.55%, a 16.8% decline from 2021.
- Meritage Homes average gross margin for 2021 was 25.3%, a 22.52% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.