Meritage Homes CORP
Meritage Homes CORP
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 767 | 775 | 729 | 930 | 1,012 | 652 | 832 | 993 | 905 | 921 | 1,049 | 1,163 | |||||
Other Receivables | 281 | 307 | 322 | 271 | 262 | 256 | 287 | 258 | 243 | 267 | 229 | 210 | |||||
Inventory Operative Builders | 5,962 | 5,987 | 6,141 | 5,964 | 5,801 | 5,729 | 5,457 | 5,175 | 4,915 | 4,721 | 4,501 | 4,349 | |||||
Deposit Assets | 166 | 174 | 198 | 221 | 255 | 192 | 207 | 157 | 123 | 111 | 94 | 71 | |||||
Investments In Affiliates Subsidiaries Associates … | 61 | 57 | 46 | 35 | 31 | 29 | 18 | 24 | 19 | 17 | 15 | 12 | |||||
Property Plant And Equipment Net | 46 | 47 | 48 | 46 | 47 | 47 | 47 | 47 | 48 | 49 | 51 | 47 | |||||
Deferred Income Tax Assets Net | 51 | 53 | 47 | 52 | 54 | 55 | 51 | 60 | 47 | 48 | 46 | 45 | |||||
Prepaid Expense And Other Assets | 221 | 222 | 228 | 237 | 239 | 203 | 204 | 211 | 190 | 219 | 198 | 168 | |||||
Assets | 7,555 | 7,622 | 7,759 | 7,756 | 7,700 | 7,163 | 7,103 | 6,924 | 6,489 | 6,353 | 6,182 | 6,066 | |||||
Liabilities | |||||||||||||||||
Accounts Payable Current And Noncurrent | 200 | 201 | 218 | 242 | 230 | 212 | 287 | 300 | 306 | 272 | 294 | 276 | |||||
Accrued Liabilities Current And Noncurrent | 409 | 388 | 415 | 406 | 423 | 452 | 440 | 389 | 418 | 425 | 413 | 336 | |||||
Contract With Customer Liability | 11 | 9 | 9 | 11 | 18 | 21 | 32 | 39 | 43 | 37 | 48 | 50 | |||||
Other Notes Payable | 35 | 24 | 26 | 26 | 35 | 29 | 9 | 10 | 7 | 14 | 11 | 11 | |||||
Senior Notes | 1,806 | 1,805 | 1,803 | 1,802 | 1,800 | 1,307 | 1,305 | 1,304 | 995 | 995 | 994 | 1,144 | |||||
Liabilities | 2,461 | 2,427 | 2,471 | 2,487 | 2,505 | 2,021 | 2,074 | 2,041 | 1,769 | 1,741 | 1,761 | 1,817 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital Common Stock | 0 | 0 | 11 | 62 | 104 | 143 | 177 | 199 | 241 | 291 | 289 | 328 | |||||
Retained Earnings Accumulated Deficit | 5,093 | 5,195 | 5,275 | 5,206 | 5,090 | 4,998 | 4,852 | 4,684 | 4,479 | 4,321 | 4,132 | 3,920 | |||||
Stockholders Equity | 5,094 | 5,196 | 5,288 | 5,269 | 5,195 | 5,142 | 5,030 | 4,883 | 4,721 | 4,612 | 4,421 | 4,248 | |||||
Liabilities And Stockholders Equity | 7,555 | 7,622 | 7,759 | 7,756 | 7,700 | 7,163 | 7,103 | 6,924 | 6,489 | 6,353 | 6,182 | 6,066 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 125 | 125 | 125 | 125 | 125 | 125 | 125 | 125 | 125 | 125 | 125 | 125 | |||||
Common Stock Shares Issued | 67 | 68 | 70 | 71 | 72 | 72 | 72 | 73 | 73 | 73 | 73 | 74 | |||||
Shares Outstanding | 67 | 68 | 70 | 71 | 72 | 72 | 72 | 73 | 73 | 73 | 73 | 74 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -14.33% | 7.77% | 10.03% | - | - | - | - | - | - | - | - | - |
| 2025 | 1.59% | -5.12% | 9.29% | 10.36% | 12.93% | -4.10% | 4.04% | -0.84% | 13.41% | -16.02% | -22.30% | -17.07% |
| 2024 | 7.98% | -3.55% | 5.46% | -10.16% | 1.73% | -2.80% | 1.79% | -14.29% | -10.66% | -5.08% | -13.23% | -7.50% |
| 2023 | -5.21% | 1.99% | 14.13% | -10.41% | -14.16% | -24.72% | 16.05% | 42.41% | 42.81% | 3.04% | 5.95% | 14.66% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | 845.62 | - | - | - | - | - | - | - | - | - | - | - | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 5.69 | 6.35 | 7.61 | 8.88 | 9.95 | 10.72 | 11.08 | 11.41 | 10.79 | 9.96 | 10.82 | 11.33 | |||||
| Free Cash Flow Per Share TTM | 3.53 | 1.31 | -3.57 | -3.47 | -5.29 | -3.54 | -3.60 | -0.92 | 3.82 | 4.33 | 13.61 | 12.69 | |||||
| Dividend Per Share TTM | 1.81 | 1.71 | 1.68 | 1.62 | 1.56 | 1.50 | 1.26 | 1.02 | 0.78 | 0.54 | 0.41 | 0.27 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 57.68% | 2.98% | 82.50% | 98.20% | 77.01% | 17.99% | 419.86% | 403.81% | 613.52% | 2,671.42% | 24.83% | 25.32% | |||||
| Operating Profit Margin TTM | -286.53% | 960.91% | -192.01% | -458.95% | -913.79% | 4,491.94% | 269.07% | 261.72% | 390.99% | 1,688.51% | 16.14% | 16.93% | |||||
| Net Profit Margin TTM | -222.27% | 744.62% | -147.93% | -355.21% | -711.13% | 3,521.39% | 210.14% | 203.88% | 304.71% | 1,313.82% | 12.54% | 13.26% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 70.60% | 172.50% | -194.71% | -143.71% | -139.04% | -60.29% | -93.96% | -93.53% | -95.82% | -99.09% | 12.09% | 17.92% | |||||
| Net Income Growth (1Y) | -46.68% | -42.38% | -33.33% | -23.85% | -8.88% | 6.42% | 1.26% | -0.57% | -12.44% | -25.54% | -17.06% | -6.91% | |||||
| EPS Growth (1Y) | -43.08% | -41.03% | -31.66% | -22.58% | -7.99% | 7.54% | 2.32% | 0.64% | -11.59% | -25.39% | -17.14% | -7.21% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 10.74 | 10.14 | 9.26 | 7.31 | 6.82 | 6.82 | 8.76 | 6.69 | 7.63 | 8.16 | 5.27 | 5.84 | |||||
| P/B TTM | 0.81 | 0.88 | 0.95 | 0.88 | 0.95 | 1.04 | 1.41 | 1.15 | 1.28 | 1.31 | 0.96 | 1.16 | |||||
| P/S TTM | -23.86 | 75.52 | -13.70 | -25.95 | -48.53 | 240.19 | 18.40 | 13.64 | 23.24 | 107.26 | 0.66 | 0.77 | |||||
| Market Cap | 4.14B | 4.59B | 5.02B | 4.66B | 4.93B | 5.36B | 7.11B | 5.61B | 6.05B | 6.03B | 4.23B | 4.93B | |||||
| Enterprise Value | 5.18B | 5.62B | 6.09B | 5.53B | 5.72B | 6.02B | 7.59B | 5.92B | 6.14B | 6.10B | 4.17B | 4.91B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 237.74M | 92.57M | -252.58M | -248.29M | -380.07M | -256.23M | -260.68M | -66.55M | 277.48M | 317.38M | 996.52M | 932.73M | |||||
| Net Debt | 1.04B | 1.03B | 1.07B | 871.15M | 788.43M | 654.98M | 473.39M | 310.68M | 89.67M | 73.46M | -54.34M | -19.10M | |||||
Per-Share and Margin | |||||||||||||||||
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Growth Rates | |||||||||||||||||
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Credit, Liquidity, Returns, Payout | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Meritage Homes CORP (MTH) — SEC Financial Statements & Analysis
Meritage Homes CORP (MTH) is a operative builders company, incorporated in MD. Meritage Homes CORP trades on MTH: NYSE as: MTH. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Meritage Homes CORP reported a 70.60% year-over-year revenue growth, a Gross Profit Margin of 57.68% (TTM), a Price-to-Sales (P/S) ratio of -23.86x (TTM), a Price-to-Book (P/B) ratio of 0.81 (TTM), at a market cap of $4.14B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 70.60%
- Gross Profit Margin TTM
- 57.68%
- P/S TTM
- -23.86x
- P/B TTM
- 0.81
- Market Cap
- $4.14B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Meritage Homes CORP in?
Meritage Homes CORP (MTH) operates in the Operative Builders industry.
What is MTH's market cap?
Meritage Homes CORP (MTH) has a market capitalization of $4.14B as of 2026-03-31.
What is MTH's P/E ratio?
Meritage Homes CORP (MTH)'s trailing twelve month P/E ratio is 10.74x as of 2026-03-31.
What exchange does MTH trade on?
Meritage Homes CORP (MTH) trades on the MTH: NYSE.
Where is Meritage Homes CORP incorporated?
Meritage Homes CORP is incorporated in MD.