MTH
Meritage Homes CORP
$75.50
+0.59 (+0.79%)
At close · Jul 10
Market Cap
$5.04B
Shares
66,702,433
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$3.23B
+6.5%
FY2017
Net Income
$453.01M
-42.4%
FY2025
Gross Margin
17.56%
0pp
FY2017
Operating Margin
10.35%
-1.2pp
FY2014
Diluted EPS
$6.35
-40.8%
FY2025
Operating Cash Flow
$118.29M
+152%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | — | — | — | — | $3.23B | $3.03B | $2.57B | $2.17B | $1.81B | $1.19B | $861.24M | $941.66M | $970.31M | |
| — | — | — | — | — | — | — | — | — | $566.5M | $531.21M | $488.71M | $452.62M | $396.42M | $218.2M | $141.11M | $167.7M | $4.05M | |
| — | — | — | — | — | — | — | — | — | 17.56% | 17.54% | 19.03% | 20.86% | 21.85% | 18.28% | 16.38% | 17.81% | 0.42% | |
| $389.16M | $404.41M | $409.07M | $384.91M | $323.27M | $285.4M | $287.9M | $246.73M | $241.9M | $221.65M | $215.09M | $188.42M | $156.74M | $126.72M | $94.83M | $74.91M | $76.8M | $78.68M | |
| $206.17M | $211.76M | $230.86M | $231.72M | $192.98M | $181.45M | $159.02M | $146.09M | $138.48M | $124.04M | $123.8M | $112.85M | $104.6M | $91.51M | $68.19M | $64.18M | $59.78M | $59.46M | |
| — | $25.29M | $25.96M | $25.33M | $24.75M | $26.25M | $31.05M | $27.92M | $26.97M | $16.7M | $15.98M | $14.24M | $11.61M | $9.93M | $8.2M | $7.18M | $7.97M | $8.84M | |
| — | $18.12M | $0 | $964K | $0 | $2.1M | $24.9M | $7.3M | — | — | — | — | — | $350K | $1.34M | $8.87M | $6.43M | $111.49M | |
| — | — | — | — | — | — | — | — | — | — | — | — | $224.52M | $209.41M | $77.8M | $22.94M | $51.54M | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | 10.35% | 11.54% | 6.52% | 2.66% | 5.47% | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | $236.14M | $219.34M | $86M | $30.12M | $59.51M | — | |
| $587K | $0 | $0 | $0 | $41K | $318K | $2.18M | $8.37M | $785K | $3.85M | $5.17M | $15.97M | $5.16M | $15.09M | $24.24M | $30.4M | $33.72M | $36.53M | |
| $41.61M | $44.15M | $45.16M | $47.95M | $2.71M | $4.86M | $6.66M | $9.58M | $11.22M | $8.78M | $4.95M | -$946K | $6.57M | $2.79M | -$6.34M | $2.16M | $3.3M | $2.42M | |
| — | $3.97M | $9.23M | $6.37M | $6.09M | $4.66M | $4.5M | $11.95M | $16.33M | $15.96M | $19.04M | $12.76M | $10.42M | $12.81M | $10.44M | $5.85M | $5.65M | — | |
| $496.97M | $584.6M | $1B | $949.43M | $1.29B | $954.83M | $533.57M | $302.95M | $283.25M | $247.52M | $218.06M | $189.46M | $208.42M | $177.67M | $28.85M | -$20.38M | $2.48M | -$154.8M | |
| $111.45M | $131.59M | $216.68M | $210.68M | $297.13M | $217.39M | $110.09M | $53.28M | $55.92M | $104.26M | $68.52M | $60.73M | $66.18M | $53.21M | -$76.31M | $730K | -$4.67M | -$88.34M | |
| $385.52M | $453.01M | $786.19M | $738.75M | $992.19M | $737.44M | $423.48M | $249.66M | $227.33M | $143.26M | $149.54M | $128.74M | $142.24M | $124.46M | $105.16M | -$21.11M | $7.15M | -$66.46M | |
| — | — | — | — | — | — | — | — | — | 4.44% | 4.94% | 5.01% | 6.56% | 6.86% | 8.81% | -2.45% | 0.76% | -6.85% | |
| USD/shares | — | $6.40 | $10.85 | $10.09 | $13.52 | $9.81 | $5.62 | $3.28 | $2.84 | $1.78 | $1.87 | $1.63 | $1.83 | $1.73 | $1.55 | -$0.33 | $0.11 | -$1.06 |
| USD/shares | — | $6.35 | $10.72 | $9.96 | $13.37 | $9.65 | $5.50 | $3.21 | $2.79 | $1.71 | $1.78 | $1.55 | $1.73 | $1.63 | $1.50 | -$0.33 | $0.11 | -$1.06 |
| shares | — | 70.82M | 72.48M | 73.24M | 73.39M | 75.22M | 75.44M | 76.2M | 80.21M | 80.57M | 79.95M | 79.19M | 78.03M | 72.21M | 68.11M | 64.76M | 64.12M | 62.7M |
| shares | — | 71.35M | 73.33M | 74.14M | 74.2M | 76.47M | 76.97M | 77.78M | 81.46M | 84.46M | 85.17M | 84.33M | 83.23M | 77.6M | 70.34M | 64.76M | 64.64M | 62.7M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2016–FY2025: $835.92M in buybacks, $269.2M in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
EV/EBIT
—
P/E (TTM)
13.78×
Residential Construction median 13.78×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Product & Service (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Real Estate | $5,824,435,000 | $6,363,872,000 | $6,113,013,000 | $6,268,727,000 | $5,120,110,000 | $4,482,120,000 | $3,650,483,000 | $3,513,419,000 |
| Home Building | $5,763,597,000 | $6,341,546,000 | $6,056,784,000 | $6,207,498,000 | $5,094,873,000 | $4,464,389,000 | $3,604,629,000 | $3,474,712,000 |
| Land | $60,838,000 | $22,326,000 | $56,229,000 | $61,229,000 | $25,237,000 | $17,731,000 | $45,854,000 | $38,707,000 |
| Financial Service | $33,202,000 | $31,163,000 | $25,250,000 | $23,476,000 | $21,207,000 | $19,097,000 | $16,461,000 | $15,162,000 |
| Homebuilding Segment | — | — | — | — | — | $4,464,389,000 | $3,604,629,000 | $3,474,712,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Homebuilding Segment | $562,018,000 | $1,010,598,000 | $955,155,000 | $1,308,709,000 | $1,001,015,000 | $557,091,000 | $330,406,000 | $287,299,000 |
| Financial Services | $18,618,000 | $14,410,000 | $12,466,000 | $18,294,000 | $18,034,000 | $16,388,000 | $20,579,000 | $24,044,000 |
| Home Building | — | — | — | — | — | — | $330,406,000 | $287,299,000 |
Key facts
CIK
833079
CUSIP
59001A102
13F (30d)
22 filings
20 filers
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