MTH
Meritage Homes (MTH)
NYSE
$75.50+$0.42 (+0.56%)
Price as of Jun 23, 2026 4:27 PM EDT
  • $5.0B
    Market Cap
  • 15.08%
    1-Year Change
  • Residential Construction
    Industry
Annual
Quarterly
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Income Statement
Total Operating Revenue
60.8M
-99.84%
38.2B
+55.41%
24.6B
-2.50%
25.2B
+22.72%
Cost of Revenue
17.6M
-99.91%
19.1B
+157,672.96%
12.1M
+8.94%
11.1M
+21.25%
Gross Profit
1.8M
-99.98%
9.5B
+214.57%
3.0B
-15.66%
3.6B
+25.76%
Sales and Marketing Expense
404.4M
-1.14%
409.1M
+6.28%
384.9M
+19.07%
323.3M
+13.27%
Research and Development Expense
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Depreciation and Amortization Expense
25.3M
-2.60%
26.0M
+2.47%
25.3M
+2.37%
24.7M
-5.70%
Total Operating Expenses
4.6B
-51.60%
9.6B
+3.77%
9.2B
+2.73%
9.0B
+21.10%
Operating Profit
584.6M
-41.71%
1.0B
+5.63%
949.4M
-26.36%
1.3B
+35.03%
Interest Income
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Interest Expense
0
N/A
0
N/A
0
+100.00%
-41,000
-87.11%
Interest Income and Expense and Net
0
N/A
0
N/A
0
+100.00%
-41,000
-87.11%
Total Nonoperating Income and Expense
44.1M
-2.24%
45.2M
-5.82%
47.9M
+1,666.69%
2.7M
-44.20%
Income before Taxes
584.6M
-41.71%
1.0B
+5.63%
949.4M
-26.36%
1.3B
+35.03%
Income Taxes
131.6M
-39.27%
216.7M
+2.85%
210.7M
-29.09%
297.1M
+36.68%
Extraordinary Items
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
453.0M
-42.38%
786.2M
+6.42%
738.7M
-25.54%
992.2M
+34.54%
Net Income from Continuing Operations Applicable to Common
584.6M
-41.71%
1.0B
+5.63%
949.4M
-26.36%
1.3B
+35.03%
Basic EPS and Net Income
6.40
-41.01%
10.85
-46.21%
20.17
-25.41%
27.04
+37.89%
Diluted EPS and Net Income
6.35
-40.76%
10.72
-46.21%
19.93
-25.47%
26.74
+38.62%
Basic Weighted Average Shares
70.8M
-2.29%
72.5M
+97.92%
36.6M
-0.20%
36.7M
-2.44%
Diluted Weighted Average Shares
71.3M
-2.71%
73.3M
+97.83%
37.1M
-0.09%
37.1M
-2.96%
Balance Sheet
Cash and Cash Equivalents
775.2M
+18.97%
651.6M
-29.27%
921.2M
+6.93%
861.6M
+39.34%
Short-Term Investments
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash and Cash Equivalents and Short-Term Investments
775.2M
+18.97%
651.6M
-29.27%
921.2M
+6.93%
861.6M
+39.34%
Total Current Assets
775.2M
+18.97%
651.6M
-29.27%
921.2M
+6.93%
861.6M
+39.34%
Accumulated Depreciation
76.2M
+9.89%
69.3M
-6.07%
73.8M
-12.82%
84.6M
-2.26%
Property and Plant and Equipment and Net
46.6M
-1.35%
47.3M
-3.41%
49.0M
+26.71%
38.6M
+3.47%
Total Long-Term Assets
46.6M
-1.35%
47.3M
-3.41%
49.0M
+26.71%
38.6M
+3.47%
Total Assets
7.6B
+6.42%
7.2B
+12.74%
6.4B
+10.07%
5.8B
+20.06%
Income Taxes Payable
387.7M
-14.27%
452.2M
+6.46%
424.8M
+17.79%
360.6M
+6.92%
Total Short-Term Debt
0
N/A
0
N/A
0
N/A
0
N/A
Total Current Liabilities
588.4M
-11.48%
664.7M
-4.56%
696.4M
+9.86%
633.9M
+14.57%
Total Long-Term Debt
1.8B
+38.13%
1.3B
+31.35%
994.7M
-13.02%
1.1B
+0.10%
Total Long-Term Liabilities
84.8M
-0.43%
85.2M
+1.92%
83.6M
+180.06%
29.8M
-31.75%
Total Liabilities
2.4B
+20.07%
2.0B
+16.07%
1.7B
-4.46%
1.8B
+3.37%
Retained Earnings
5.2B
+3.94%
5.0B
+15.68%
4.3B
+19.31%
3.6B
+37.74%
Total Stockholders Equity
5.2B
+1.05%
5.1B
+11.48%
4.6B
+16.77%
3.9B
+29.73%
Total Shares Outstanding
68.2M
-5.22%
71.9M
+97.45%
36.4M
-0.40%
36.6M
-2.06%
Cash Flow
Cash from Operating Activities
118.3M
+151.98%
-227.6M
-164.00%
355.6M
-12.26%
405.3M
+366.46%
Capital Expenditures
25.7M
-10.24%
28.7M
-24.96%
38.2M
+41.60%
27.0M
+5.09%
Cash from Investing Activities
-57.7M
+30.91%
-44.1M
+1.03%
-43.6M
+35.11%
-32.3M
+20.38%
Dividends Paid
121.1M
+11.49%
108.6M
+174.67%
39.5M
N/A
N/A
N/A
Cash from Financing Activities
63.0M
+3,085.69%
2.0M
+100.78%
-252.3M
+94.43%
-129.8M
-351.34%
Financials Ratio
Gross Margin
71.13%
+42.47%
49.93%
-50.05%
99.95%
-0.005%
99.96%
+0.0006%
Operating Margin
960.91%
+36,515.96%
2.62%
-32.03%
3.86%
-24.47%
5.11%
+10.03%
Return on Assets
6.13%
-47.32%
11.63%
-4.53%
12.19%
-35.03%
18.76%
+10.28%
Return on Equity
8.76%
-45.63%
16.12%
-6.58%
17.26%
-39.18%
28.37%
+3.73%
Revenue Growth
-99.84%
-280.19%
55.41%
+2,314.36%
-2.50%
-111.01%
22.72%
+61.87%
Current Ratio
1.32
+34.40%
0.98
-25.90%
1.32
-2.68%
1.36
+21.62%
Cash Ratio
1.32
+34.40%
0.98
-25.90%
1.32
-2.68%
1.36
+21.62%
Debt-to-Equity Ratio
0.35
+36.72%
0.25
+17.80%
0.22
-25.49%
0.29
-22.86%
Debt-to-Assets Ratio
0.24
+29.82%
0.18
+16.48%
0.16
-20.95%
0.20
-16.62%

Earnings & Revenue History

Debt-to-Assets

Cash Flow