Meritage Homes Corporation (FRA:MEY)
62.50
-1.50 (-2.34%)
At close: Jan 23, 2026
Meritage Homes Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 5,824 | 6,364 | 6,113 | 6,269 | 5,120 |
Other Revenue | 33.2 | 31.16 | 25.25 | 23.48 | 21.21 |
| 5,858 | 6,395 | 6,138 | 6,292 | 5,141 | |
Revenue Growth (YoY) | -8.40% | 4.18% | -2.45% | 22.38% | 14.22% |
Cost of Revenue | 4,666 | 4,780 | 4,606 | 4,484 | 3,701 |
Gross Profit | 1,177 | 1,598 | 1,519 | 1,803 | 1,437 |
Selling, General & Admin | 616.17 | 639.93 | 616.63 | 516.25 | 466.85 |
Operating Expenses | 616.17 | 639.93 | 616.63 | 516.25 | 466.85 |
Operating Income | 561.28 | 958.35 | 902.39 | 1,287 | 970.58 |
Interest Expense | - | - | - | -0.04 | -0.32 |
Earnings From Equity Investments | - | 11.32 | 7.03 | 0.19 | -1.34 |
Other Non Operating Income (Expenses) | 44.15 | 33.84 | 40.92 | 2.53 | 6.21 |
EBT Excluding Unusual Items | 605.43 | 1,004 | 950.34 | 1,289 | 975.12 |
Merger & Restructuring Charges | -4.3 | - | - | - | - |
Asset Writedown | -16.53 | - | - | - | -2.1 |
Other Unusual Items | - | -0.63 | -0.91 | - | -18.19 |
Pretax Income | 584.6 | 1,003 | 949.43 | 1,289 | 954.83 |
Income Tax Expense | 131.59 | 216.68 | 210.68 | 297.13 | 217.39 |
Net Income | 453.01 | 786.19 | 738.75 | 992.19 | 737.44 |
Net Income to Common | 453.01 | 786.19 | 738.75 | 992.19 | 737.44 |
Net Income Growth | -42.38% | 6.42% | -25.54% | 34.54% | 74.14% |
Shares Outstanding (Basic) | 71 | 72 | 73 | 73 | 75 |
Shares Outstanding (Diluted) | 71 | 73 | 74 | 74 | 76 |
Shares Change (YoY) | -2.71% | -1.09% | -0.09% | -2.96% | -0.65% |
EPS (Basic) | 6.40 | 10.85 | 10.09 | 13.52 | 9.80 |
EPS (Diluted) | 6.35 | 10.72 | 9.96 | 13.37 | 9.64 |
EPS Growth | -40.77% | 7.63% | -25.50% | 38.62% | 75.36% |
Free Cash Flow | 92.57 | -256.23 | 317.38 | 378.3 | -177.76 |
Free Cash Flow Per Share | 1.30 | -3.49 | 4.28 | 5.10 | -2.33 |
Dividend Per Share | 1.720 | 1.500 | 0.540 | - | - |
Dividend Growth | 14.67% | 177.78% | - | - | - |
Gross Margin | 20.10% | 24.99% | 24.75% | 28.65% | 27.96% |
Operating Margin | 9.58% | 14.99% | 14.70% | 20.45% | 18.88% |
Profit Margin | 7.73% | 12.29% | 12.04% | 15.77% | 14.34% |
Free Cash Flow Margin | 1.58% | -4.01% | 5.17% | 6.01% | -3.46% |
EBITDA | 586.57 | 984.3 | 927.72 | 1,311 | 996.82 |
EBITDA Margin | 10.01% | 15.39% | 15.11% | 20.84% | 19.39% |
D&A For EBITDA | 25.29 | 25.96 | 25.33 | 24.75 | 26.25 |
EBIT | 561.28 | 958.35 | 902.39 | 1,287 | 970.58 |
EBIT Margin | 9.58% | 14.99% | 14.70% | 20.45% | 18.88% |
Effective Tax Rate | 22.51% | 21.61% | 22.19% | 23.04% | 22.77% |
Revenue as Reported | 5,824 | 6,364 | 6,113 | 6,269 | 5,120 |
Advertising Expenses | - | 17.1 | 15.1 | 12.1 | 8.2 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.