Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
77.47
+0.47 (0.61%)
Aug 15, 2025, 9:53 AM - Market open
Meritage Homes Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Jun '25 Jun 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Operating Revenue | 6,183 | 6,364 | 6,113 | 6,269 | 5,120 | 4,482 | Upgrade
|
| Other Revenue | 33.01 | 31.16 | 25.25 | 23.48 | 21.21 | 19.1 | Upgrade
|
| Revenue | 6,216 | 6,395 | 6,138 | 6,292 | 5,141 | 4,501 | Upgrade
|
| Revenue Growth (YoY) | -3.72% | 4.18% | -2.45% | 22.38% | 14.22% | 22.75% | Upgrade
|
| Cost of Revenue | 4,777 | 4,780 | 4,606 | 4,484 | 3,701 | 3,498 | Upgrade
|
| Gross Profit | 1,425 | 1,598 | 1,519 | 1,803 | 1,437 | 1,001 | Upgrade
|
| Selling, General & Admin | 645.52 | 639.93 | 616.63 | 516.25 | 466.85 | 446.92 | Upgrade
|
| Operating Expenses | 645.52 | 639.93 | 616.63 | 516.25 | 466.85 | 446.92 | Upgrade
|
| Operating Income | 779.73 | 958.35 | 902.39 | 1,287 | 970.58 | 553.98 | Upgrade
|
| Interest Expense | - | - | - | -0.04 | -0.32 | -2.18 | Upgrade
|
| Earnings From Equity Investments | 5.75 | 11.32 | 7.03 | 0.19 | -1.34 | -0.53 | Upgrade
|
| Other Non Operating Income (Expenses) | 39.23 | 33.84 | 40.92 | 2.53 | 6.21 | 7.19 | Upgrade
|
| EBT Excluding Unusual Items | 824.71 | 1,004 | 950.34 | 1,289 | 975.12 | 558.47 | Upgrade
|
| Asset Writedown | - | - | - | - | -2.1 | -24.9 | Upgrade
|
| Other Unusual Items | - | -0.63 | -0.91 | - | -18.19 | - | Upgrade
|
| Pretax Income | 824.71 | 1,003 | 949.43 | 1,289 | 954.83 | 533.57 | Upgrade
|
| Income Tax Expense | 186.41 | 216.68 | 210.68 | 297.13 | 217.39 | 110.09 | Upgrade
|
| Net Income | 638.3 | 786.19 | 738.75 | 992.19 | 737.44 | 423.48 | Upgrade
|
| Net Income to Common | 638.3 | 786.19 | 738.75 | 992.19 | 737.44 | 423.48 | Upgrade
|
| Net Income Growth | -23.85% | 6.42% | -25.54% | 34.54% | 74.14% | 69.62% | Upgrade
|
| Shares Outstanding (Basic) | 72 | 72 | 73 | 73 | 75 | 75 | Upgrade
|
| Shares Outstanding (Diluted) | 73 | 73 | 74 | 74 | 76 | 77 | Upgrade
|
| Shares Change (YoY) | -1.37% | -1.09% | -0.09% | -2.96% | -0.65% | -1.05% | Upgrade
|
| EPS (Basic) | 8.87 | 10.85 | 10.09 | 13.52 | 9.80 | 5.61 | Upgrade
|
| EPS (Diluted) | 8.78 | 10.72 | 9.96 | 13.37 | 9.64 | 5.50 | Upgrade
|
| EPS Growth | -22.76% | 7.63% | -25.50% | 38.62% | 75.36% | 71.34% | Upgrade
|
| Free Cash Flow | -248.29 | -256.23 | 317.38 | 378.3 | -177.76 | 510.43 | Upgrade
|
| Free Cash Flow Per Share | -3.42 | -3.49 | 4.28 | 5.10 | -2.33 | 6.63 | Upgrade
|
| Dividend Per Share | 1.610 | 1.500 | 0.540 | - | - | - | Upgrade
|
| Dividend Growth | 57.84% | 177.78% | - | - | - | - | Upgrade
|
| Gross Margin | 22.93% | 24.99% | 24.75% | 28.65% | 27.96% | 22.24% | Upgrade
|
| Operating Margin | 12.54% | 14.99% | 14.70% | 20.45% | 18.88% | 12.31% | Upgrade
|
| Profit Margin | 10.27% | 12.29% | 12.04% | 15.77% | 14.34% | 9.41% | Upgrade
|
| Free Cash Flow Margin | -3.99% | -4.01% | 5.17% | 6.01% | -3.46% | 11.34% | Upgrade
|
| EBITDA | 805.49 | 984.3 | 927.72 | 1,311 | 996.82 | 585.03 | Upgrade
|
| EBITDA Margin | 12.96% | 15.39% | 15.11% | 20.84% | 19.39% | 13.00% | Upgrade
|
| D&A For EBITDA | 25.76 | 25.96 | 25.33 | 24.75 | 26.25 | 31.05 | Upgrade
|
| EBIT | 779.73 | 958.35 | 902.39 | 1,287 | 970.58 | 553.98 | Upgrade
|
| EBIT Margin | 12.54% | 14.99% | 14.70% | 20.45% | 18.88% | 12.31% | Upgrade
|
| Effective Tax Rate | 22.60% | 21.61% | 22.19% | 23.04% | 22.77% | 20.63% | Upgrade
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| Revenue as Reported | 6,183 | 6,364 | 6,113 | 6,269 | 5,120 | 4,482 | Upgrade
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| Advertising Expenses | - | 17.1 | 15.1 | 12.1 | 8.2 | 10.5 | Upgrade
|
Updated Apr 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.