Meritage Homes Statistics
Total Valuation
Meritage Homes has a market cap or net worth of $4.63 billion. The enterprise value is $5.76 billion.
| Market Cap | 4.63B |
| Enterprise Value | 5.76B |
Important Dates
The last earnings date was Wednesday, April 22, 2026, after market close.
| Earnings Date | Apr 22, 2026 |
| Ex-Dividend Date | Mar 17, 2026 |
Share Statistics
Meritage Homes has 66.70 million shares outstanding. The number of shares has decreased by -4.06% in one year.
| Current Share Class | 66.70M |
| Shares Outstanding | 66.70M |
| Shares Change (YoY) | -4.06% |
| Shares Change (QoQ) | -2.85% |
| Owned by Insiders (%) | 2.62% |
| Owned by Institutions (%) | 105.18% |
| Float | 64.94M |
Valuation Ratios
The trailing PE ratio is 12.61 and the forward PE ratio is 12.63. Meritage Homes's PEG ratio is 2.81.
| PE Ratio | 12.61 |
| Forward PE | 12.63 |
| PS Ratio | 0.82 |
| Forward PS | 0.77 |
| PB Ratio | 0.91 |
| P/TBV Ratio | 0.91 |
| P/FCF Ratio | 19.43 |
| P/OCF Ratio | 17.62 |
| PEG Ratio | 2.81 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 11.49, with an EV/FCF ratio of 24.21.
| EV / Earnings | 14.93 |
| EV / Sales | 1.02 |
| EV / EBITDA | 11.49 |
| EV / EBIT | 12.09 |
| EV / FCF | 24.21 |
Financial Position
The company has a current ratio of 14.97, with a Debt / Equity ratio of 0.37.
| Current Ratio | 14.97 |
| Quick Ratio | 2.15 |
| Debt / Equity | 0.37 |
| Debt / EBITDA | 3.67 |
| Debt / FCF | 8.00 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 7.49% and return on invested capital (ROIC) is 5.89%.
| Return on Equity (ROE) | 7.49% |
| Return on Assets (ROA) | 3.90% |
| Return on Invested Capital (ROIC) | 5.89% |
| Return on Capital Employed (ROCE) | 6.74% |
| Weighted Average Cost of Capital (WACC) | 8.88% |
| Revenue Per Employee | $3.02M |
| Profits Per Employee | $207,267 |
| Employee Count | 1,860 |
| Asset Turnover | 0.74 |
| Inventory Turnover | 0.77 |
Taxes
In the past 12 months, Meritage Homes has paid $111.45 million in taxes.
| Income Tax | 111.45M |
| Effective Tax Rate | 22.43% |
Stock Price Statistics
The stock price has increased by +2.33% in the last 52 weeks. The beta is 1.51, so Meritage Homes's price volatility has been higher than the market average.
| Beta (5Y) | 1.51 |
| 52-Week Price Change | +2.33% |
| 50-Day Moving Average | 67.43 |
| 200-Day Moving Average | 70.93 |
| Relative Strength Index (RSI) | 59.67 |
| Average Volume (20 Days) | 920,101 |
Short Selling Information
The latest short interest is 3.27 million, so 4.90% of the outstanding shares have been sold short.
| Short Interest | 3.27M |
| Short Previous Month | 3.58M |
| Short % of Shares Out | 4.90% |
| Short % of Float | 5.03% |
| Short Ratio (days to cover) | 3.18 |
Income Statement
In the last 12 months, Meritage Homes had revenue of $5.62 billion and earned $385.52 million in profits. Earnings per share was $5.50.
| Revenue | 5.62B |
| Gross Profit | 1.07B |
| Operating Income | 476.18M |
| Pretax Income | 496.97M |
| Net Income | 385.52M |
| EBITDA | 500.89M |
| EBIT | 476.18M |
| Earnings Per Share (EPS) | $5.50 |
Balance Sheet
The company has $766.63 million in cash and $1.90 billion in debt, giving a net cash position of -$1.14 billion or -$17.02 per share.
| Cash & Cash Equivalents | 766.63M |
| Total Debt | 1.90B |
| Net Cash | -1.14B |
| Net Cash Per Share | -$17.02 |
| Equity (Book Value) | 5.09B |
| Book Value Per Share | 76.37 |
| Working Capital | 6.82B |
Cash Flow
In the last 12 months, operating cash flow was $262.17 million and capital expenditures -$24.44 million, giving a free cash flow of $237.74 million.
| Operating Cash Flow | 262.17M |
| Capital Expenditures | -24.44M |
| Depreciation & Amortization | 24.71M |
| Net Borrowing | -10.89M |
| Free Cash Flow | 237.74M |
| FCF Per Share | $3.56 |
Margins
Gross margin is 19.08%, with operating and profit margins of 8.48% and 6.86%.
| Gross Margin | 19.08% |
| Operating Margin | 8.48% |
| Pretax Margin | 8.85% |
| Profit Margin | 6.86% |
| EBITDA Margin | 8.92% |
| EBIT Margin | 8.48% |
| FCF Margin | 4.23% |
Dividends & Yields
This stock pays an annual dividend of $1.92, which amounts to a dividend yield of 2.77%.
| Dividend Per Share | $1.92 |
| Dividend Yield | 2.77% |
| Dividend Growth (YoY) | 13.83% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 32.17% |
| Buyback Yield | 4.06% |
| Shareholder Yield | 6.84% |
| Earnings Yield | 8.34% |
| FCF Yield | 5.15% |
Analyst Forecast
The average price target for Meritage Homes is $77.63, which is 11.91% higher than the current price. The consensus rating is "Buy".
| Price Target | $77.63 |
| Price Target Difference | 11.91% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on January 3, 2025. It was a forward split with a ratio of 2:1.
| Last Split Date | Jan 3, 2025 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Meritage Homes has an Altman Z-Score of 4.18 and a Piotroski F-Score of 4.
| Altman Z-Score | 4.18 |
| Piotroski F-Score | 4 |