MetaCap

Meritage Homes (MTH) vs Thor Industries (THO)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.

Summary

Meritage Homes (MTH) has outperformed Thor Industries (THO) over the past year, losing 13.9% versus a loss of 37.0%. Over five years, MTH leads with a +18.3% price change compared with -39.1% for THO. Meritage Homes is the larger company by market cap ($3.92 billion vs $3.40 billion), about 1.2 times the size.

On valuation, Meritage Homes trades at a lower forward P/E (10.7x vs 13.6x for Thor Industries). Thor Industries offers the higher dividend yield (3.16% vs 3.03%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

MTH-13.85%THO-37.01%
+25%-7%-40%
Oct 7, 20251 yearOct 7, 2026
MTH+22.26%THO-46.99%
+117%+31%-55%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

MTH versus THO key metrics
MetricMTHTHO
Share price$60.07$65.84
Market cap$3.92B$3.40B
1-day change-4.38%-2.65%
YTD return-8.71%-35.87%
1-year return-13.85%-37.01%
5-year return+18.33%-39.07%
P/E ratio (TTM)12.5419.48
Forward P/E10.7013.58
EPS (TTM)$4.79$3.38
Dividend yield3.03%3.16%
Annual dividend$1.82$2.08
Net income (latest FY)$453.01M—
52-week high$85.38$122.83
52-week low$58.03$65.00
Distance from 52-week high-29.64%-46.40%
Analyst consensusbuyhold
Avg. price target upside+29.85%+27.89%
Average volume806.67K688.76K
Shares outstanding65.17M51.61M
Employees1,86019,500
SectorConsumer DiscretionaryIndustrials
IndustryHomebuildingHomebuilding

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • MTH has outperformed THO by 23.2 percentage points over the past year.
  • Thor Industries trades at a higher earnings multiple (19.5x vs 12.5x trailing P/E).
  • The two companies sit in different sectors: Meritage Homes in Consumer Discretionary and Thor Industries in Industrials.

About Meritage Homes

MTH stock →

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments: Homebuilding and Financial Services.

Consumer Discretionary · Homebuilding · 1,860 employees

About Thor Industries

THO stock →

THOR Industries, Inc. manufactures and sells recreational vehicles (RVs), and related parts and accessories in the United States, Germany, rest of Europe, Canada, and internationally.

Industrials · Homebuilding · 19,500 employees

MTH vs THO FAQ

Which is bigger, Meritage Homes or Thor Industries?

Meritage Homes (MTH) is larger, with a market capitalization of $3.92B compared with $3.40B for Thor Industries (THO).

Which stock has performed better over the past year, MTH or THO?

MTH returned -13.85% over the past 12 months, compared with -37.01% for THO (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, MTH or THO?

MTH has the lower trailing P/E at 12.5, versus 19.5 for THO. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Meritage Homes or Thor Industries?

Thor Industries has the higher yield at 3.16%, compared with 3.03% for Meritage Homes.

Are Meritage Homes and Thor Industries in the same industry?

Yes. Both are classified in the Homebuilding industry within the Consumer Discretionary sector.

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