Meritage Homes (MTH) vs Toll Brothers (TOL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Toll Brothers (TOL) has outperformed Meritage Homes (MTH) over the past year, gaining 0.8% versus a loss of 13.9%. Over five years, TOL leads with a +128.5% price change compared with +18.3% for MTH. Toll Brothers is the larger company by market cap ($12.42 billion vs $3.95 billion), about 3.1 times the size.
On valuation, Toll Brothers trades at a lower forward P/E (9.8x vs 10.8x for Meritage Homes). Meritage Homes offers the higher dividend yield (3.00% vs 0.76%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MTH | TOL |
|---|---|---|
| Share price | $60.63 | $134.83 |
| Market cap | $3.95B | $12.42B |
| 1-day change | +0.93% | +0.72% |
| YTD return | -8.71% | -1.01% |
| 1-year return | -13.85% | +0.75% |
| 5-year return | +18.33% | +128.47% |
| P/E ratio (TTM) | 12.66 | 10.86 |
| Forward P/E | 10.80 | 9.76 |
| EPS (TTM) | $4.79 | $12.41 |
| Dividend yield | 3.00% | 0.76% |
| Annual dividend | $1.82 | $1.02 |
| Revenue (latest FY) | — | $10.97B |
| Revenue growth (YoY) | — | +1.11% |
| Net income (latest FY) | $453.01M | $1.35B |
| Gross margin | — | 25.11% |
| Operating margin | — | 15.69% |
| Net margin | — | 12.28% |
| 52-week high | $85.38 | $168.36 |
| 52-week low | $58.03 | $123.15 |
| Distance from 52-week high | -28.99% | -19.92% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +28.65% | +26.74% |
| Average volume | 818.14K | 971.85K |
| Shares outstanding | 65.17M | 92.15M |
| Employees | 1,860 | 4,900 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Homebuilding | Homebuilding |
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
- Toll Brothers is about 3.1 times larger than Meritage Homes by market value ($12.42B vs $3.95B).
- TOL has outperformed MTH by 14.6 percentage points over the past year.
- Meritage Homes offers a meaningfully higher dividend yield (3.00% vs 0.76%).
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 Toll Brothers
TOL stock →Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It designs, builds, markets, and sells condominiums through Toll Brothers City Living.
Consumer Discretionary · Homebuilding · 4,900 employees
MTH vs TOL FAQ
Which is bigger, Meritage Homes or Toll Brothers?
Toll Brothers (TOL) is larger, with a market capitalization of $12.42B compared with $3.95B for Meritage Homes (MTH).
Which stock has performed better over the past year, MTH or TOL?
TOL returned +0.75% over the past 12 months, compared with -13.85% for MTH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MTH or TOL?
TOL has the lower trailing P/E at 10.9, versus 12.7 for MTH. 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 Toll Brothers?
Meritage Homes has the higher yield at 3.00%, compared with 0.76% for Toll Brothers.
Are Meritage Homes and Toll Brothers in the same industry?
Yes. Both are classified in the Homebuilding industry within the Consumer Discretionary sector.