Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
69.37
-0.36 (-0.52%)
At close: Apr 28, 2026, 4:00 PM EDT
69.37
0.00 (0.00%)
After-hours: Apr 28, 2026, 4:30 PM EDT
Meritage Homes Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Operating Revenue | 5,584 | 5,824 | 6,364 | 6,113 | 6,269 | 5,120 | Upgrade
|
| Other Revenue | 32.41 | 33.2 | 31.16 | 25.25 | 23.48 | 21.21 | Upgrade
|
| Revenue | 5,616 | 5,858 | 6,395 | 6,138 | 6,292 | 5,141 | Upgrade
|
| Revenue Growth (YoY) | -10.63% | -8.40% | 4.18% | -2.45% | 22.38% | 14.22% | Upgrade
|
| Cost of Revenue | 4,531 | 4,666 | 4,780 | 4,605 | 4,484 | 3,701 | Upgrade
|
| Gross Profit | 1,072 | 1,177 | 1,598 | 1,520 | 1,803 | 1,437 | Upgrade
|
| Selling, General & Admin | 595.32 | 616.17 | 639.93 | 616.63 | 516.25 | 466.85 | Upgrade
|
| Operating Expenses | 595.32 | 616.17 | 639.93 | 616.63 | 516.25 | 466.85 | Upgrade
|
| Operating Income | 476.18 | 561.28 | 958.35 | 903.35 | 1,287 | 970.58 | Upgrade
|
| Interest Expense | - | - | - | - | -0.04 | -0.32 | Upgrade
|
| Earnings From Equity Investments | 0.87 | 1 | 11.32 | 7.03 | 0.19 | -1.34 | Upgrade
|
| Other Non Operating Income (Expenses) | 40.74 | 43.15 | 33.84 | 40.92 | 2.53 | 6.21 | Upgrade
|
| EBT Excluding Unusual Items | 517.79 | 605.43 | 1,004 | 951.3 | 1,289 | 975.12 | Upgrade
|
| Merger & Restructuring Charges | -4.3 | -4.3 | - | - | - | - | Upgrade
|
| Asset Writedown | -16.53 | -16.53 | - | -0.96 | - | -2.1 | Upgrade
|
| Other Unusual Items | - | - | -0.63 | -0.91 | - | -18.19 | Upgrade
|
| Pretax Income | 496.97 | 584.6 | 1,003 | 949.43 | 1,289 | 954.83 | Upgrade
|
| Income Tax Expense | 111.45 | 131.59 | 216.68 | 210.68 | 297.13 | 217.39 | Upgrade
|
| Net Income | 385.52 | 453.01 | 786.19 | 738.75 | 992.19 | 737.44 | Upgrade
|
| Net Income to Common | 385.52 | 453.01 | 786.19 | 738.75 | 992.19 | 737.44 | Upgrade
|
| Net Income Growth | -46.68% | -42.38% | 6.42% | -25.54% | 34.54% | 74.14% | Upgrade
|
| Shares Outstanding (Basic) | 70 | 71 | 72 | 73 | 73 | 75 | Upgrade
|
| Shares Outstanding (Diluted) | 70 | 71 | 73 | 74 | 74 | 76 | Upgrade
|
| Shares Change (YoY) | -4.06% | -2.71% | -1.09% | -0.09% | -2.96% | -0.65% | Upgrade
|
| EPS (Basic) | 5.53 | 6.40 | 10.85 | 10.09 | 13.52 | 9.80 | Upgrade
|
| EPS (Diluted) | 5.50 | 6.35 | 10.72 | 9.96 | 13.37 | 9.64 | Upgrade
|
| EPS Growth | -44.35% | -40.77% | 7.63% | -25.50% | 38.62% | 75.36% | Upgrade
|
| Free Cash Flow | 237.74 | 92.57 | -256.23 | 317.38 | 378.3 | -177.76 | Upgrade
|
| Free Cash Flow Per Share | 3.39 | 1.30 | -3.49 | 4.28 | 5.10 | -2.33 | Upgrade
|
| Dividend Per Share | 1.770 | 1.720 | 1.500 | 0.540 | - | - | Upgrade
|
| Dividend Growth | 13.83% | 14.67% | 177.78% | - | - | - | Upgrade
|
| Gross Margin | 19.08% | 20.10% | 24.99% | 24.76% | 28.65% | 27.96% | Upgrade
|
| Operating Margin | 8.48% | 9.58% | 14.99% | 14.72% | 20.45% | 18.88% | Upgrade
|
| Profit Margin | 6.86% | 7.73% | 12.29% | 12.04% | 15.77% | 14.34% | Upgrade
|
| Free Cash Flow Margin | 4.23% | 1.58% | -4.01% | 5.17% | 6.01% | -3.46% | Upgrade
|
| EBITDA | 500.89 | 586.57 | 984.3 | 928.69 | 1,311 | 996.82 | Upgrade
|
| EBITDA Margin | 8.92% | 10.01% | 15.39% | 15.13% | 20.84% | 19.39% | Upgrade
|
| D&A For EBITDA | 24.71 | 25.29 | 25.96 | 25.33 | 24.75 | 26.25 | Upgrade
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| EBIT | 476.18 | 561.28 | 958.35 | 903.35 | 1,287 | 970.58 | Upgrade
|
| EBIT Margin | 8.48% | 9.58% | 14.99% | 14.72% | 20.45% | 18.88% | Upgrade
|
| Effective Tax Rate | 22.43% | 22.51% | 21.61% | 22.19% | 23.04% | 22.77% | Upgrade
|
| Revenue as Reported | 5,584 | 5,824 | 6,364 | 6,113 | 6,269 | 5,120 | Upgrade
|
| Advertising Expenses | - | 17.5 | 17.1 | 15.1 | 12.1 | 8.2 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.