Meritage Homes Statistics
Total Valuation
Meritage Homes has a market cap or net worth of $5.51 billion. The enterprise value is $6.52 billion.
Important Dates
The last earnings date was Wednesday, July 23, 2025, after market close.
| Earnings Date | Jul 23, 2025 |
| Ex-Dividend Date | Jun 16, 2025 |
Share Statistics
Meritage Homes has 71.16 million shares outstanding. The number of shares has decreased by -1.37% in one year.
| Current Share Class | 71.16M |
| Shares Outstanding | 71.16M |
| Shares Change (YoY) | -1.37% |
| Shares Change (QoQ) | -1.03% |
| Owned by Insiders (%) | 2.26% |
| Owned by Institutions (%) | 97.28% |
| Float | 69.52M |
Valuation Ratios
The trailing PE ratio is 8.86 and the forward PE ratio is 10.31.
| PE Ratio | 8.86 |
| Forward PE | 10.31 |
| PS Ratio | 0.89 |
| Forward PS | 0.88 |
| PB Ratio | 1.04 |
| P/TBV Ratio | 1.06 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 10.21 |
| EV / Sales | 1.05 |
| EV / EBITDA | 8.09 |
| EV / EBIT | 8.36 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 12.72, with a Debt / Equity ratio of 0.36.
| Current Ratio | 12.72 |
| Quick Ratio | 2.03 |
| Debt / Equity | 0.36 |
| Debt / EBITDA | 2.29 |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 12.58% and return on invested capital (ROIC) is 7.27%.
| Return on Equity (ROE) | 12.58% |
| Return on Assets (ROA) | 6.64% |
| Return on Invested Capital (ROIC) | 7.27% |
| Return on Capital Employed (ROCE) | 10.88% |
| Revenue Per Employee | $3.28M |
| Profits Per Employee | $336,301 |
| Employee Count | 1,898 |
| Asset Turnover | 0.85 |
| Inventory Turnover | 0.86 |
Taxes
In the past 12 months, Meritage Homes has paid $186.41 million in taxes.
| Income Tax | 186.41M |
| Effective Tax Rate | 22.60% |
Stock Price Statistics
The stock price has decreased by -14.35% in the last 52 weeks. The beta is 1.29, so Meritage Homes's price volatility has been higher than the market average.
| Beta (5Y) | 1.29 |
| 52-Week Price Change | -14.35% |
| 50-Day Moving Average | 69.54 |
| 200-Day Moving Average | 74.95 |
| Relative Strength Index (RSI) | 62.62 |
| Average Volume (20 Days) | 1,236,721 |
Short Selling Information
The latest short interest is 2.97 million, so 4.17% of the outstanding shares have been sold short.
| Short Interest | 2.97M |
| Short Previous Month | 2.96M |
| Short % of Shares Out | 4.17% |
| Short % of Float | 4.27% |
| Short Ratio (days to cover) | 2.26 |
Income Statement
In the last 12 months, Meritage Homes had revenue of $6.22 billion and earned $638.30 million in profits. Earnings per share was $8.78.
| Revenue | 6.22B |
| Gross Profit | 1.43B |
| Operating Income | 779.73M |
| Pretax Income | 1.08B |
| Net Income | 638.30M |
| EBITDA | 805.49M |
| EBIT | 779.73M |
| Earnings Per Share (EPS) | $8.78 |
Full Income StatementBalance Sheet
The company has $930.46 million in cash and $1.88 billion in debt, giving a net cash position of -$953.40 million or -$13.40 per share.
| Cash & Cash Equivalents | 930.46M |
| Total Debt | 1.88B |
| Net Cash | -953.40M |
| Net Cash Per Share | -$13.40 |
| Equity (Book Value) | 5.27B |
| Book Value Per Share | 74.05 |
| Working Capital | 6.94B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$220.43 million and capital expenditures -$27.86 million, giving a free cash flow of -$248.29 million.
| Operating Cash Flow | -220.43M |
| Capital Expenditures | -27.86M |
| Free Cash Flow | -248.29M |
| FCF Per Share | -$3.49 |
Full Cash Flow StatementMargins
Gross margin is 22.93%, with operating and profit margins of 12.54% and 10.27%.
| Gross Margin | 22.93% |
| Operating Margin | 12.54% |
| Pretax Margin | 13.27% |
| Profit Margin | 10.27% |
| EBITDA Margin | 12.96% |
| EBIT Margin | 12.54% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.72, which amounts to a dividend yield of 2.21%.
| Dividend Per Share | $1.72 |
| Dividend Yield | 2.21% |
| Dividend Growth (YoY) | 57.84% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 18.34% |
| Buyback Yield | 1.37% |
| Shareholder Yield | 3.57% |
| Earnings Yield | 11.47% |
| FCF Yield | -4.46% |
Dividend DetailsAnalyst Forecast
The average price target for Meritage Homes is $83.61, which is 7.93% higher than the current price. The consensus rating is "Buy".
| Price Target | $83.61 |
| Price Target Difference | 7.93% |
| Analyst Consensus | Buy |
| Analyst Count | 10 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside | |
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 4.58 and a Piotroski F-Score of 3.
| Altman Z-Score | 4.58 |
| Piotroski F-Score | 3 |