Meritage Homes Corporation (MTH)

NYSE: MTH · Real-Time Price · USD

65.24

-0.38 (-0.58%)

At close: May 29, 2026, 4:00 PM EDT

64.78

-0.46 (-0.71%)

After-hours: May 29, 2026, 7:00 PM EDT

Meritage Homes Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	5,617	5,858	6,395	6,138	6,292	5,141
Revenue Growth (YoY)	-10.63%	-8.40%	4.18%	-2.45%	22.38%	14.22%
Cost of Revenue	4,568	4,704	4,795	4,619	4,495	3,712
Gross Profit	1,048	1,154	1,600	1,520	1,797	1,429
Selling, General & Admin	595.32	616.17	639.93	616.63	516.25	466.85
Total Operating Expenses	595.32	616.17	639.93	616.63	516.25	466.85
Operating Income	452.81	537.48	960.44	903.05	1,281	962.47
Interest Income	3.14	2.98	-2.1	-0.66	5.95	6.01
Interest Expense	-0.59	-	-	-	-0.04	-0.32
Other Non-Operating Income (Expense)	41.61	44.15	44.53	47.04	2.71	-13.32
Total Non-Operating Income (Expense)	44.16	47.12	42.43	46.39	8.62	-7.63
Pretax Income	496.97	584.6	1,003	949.43	1,289	954.83
Provision for Income Taxes	111.45	131.59	216.68	210.68	297.13	217.39
Net Income	385.52	453.01	786.19	738.75	992.19	737.44
Net Income to Common	385.52	453.01	786.19	738.75	992.19	737.44
Net Income Growth	-46.68%	-42.38%	6.42%	-25.54%	34.54%	74.14%
Shares Outstanding (Basic)	70	71	72	73	73	75
Shares Outstanding (Diluted)	70	71	73	74	74	76
Shares Change (YoY)	-4.05%	-2.71%	-1.09%	-0.09%	-2.96%	-0.65%
EPS (Basic)	5.49	6.40	10.85	10.09	13.52	9.80
EPS (Diluted)	5.45	6.35	10.72	9.96	13.37	9.64
EPS Growth	-44.78%	-40.77%	7.63%	-25.50%	38.62%	75.36%
Shares Outstanding	66.7	68.17	71.92	72.85	73.14	74.68
Free Cash Flow	237.74	92.57	-256.23	317.38	378.3	-177.76
Free Cash Flow Growth	156.83%	-	-	-16.10%	-	-
Free Cash Flow Per Share	3.39	1.30	-3.49	4.28	5.10	-2.32
Dividends Per Share	1.770	1.720	1.500	0.540	-	-
Dividend Growth	2.91%	14.67%	177.78%	-	-	-
Gross Margin	18.66%	19.69%	25.03%	24.76%	28.56%	27.80%
Operating Margin	8.06%	9.18%	15.02%	14.71%	20.35%	18.72%
Profit Margin	6.86%	7.73%	12.29%	12.04%	15.77%	14.34%
FCF Margin	4.23%	1.58%	-4.01%	5.17%	6.01%	-3.46%
EBITDA	477.52	562.76	986.4	928.38	1,305	988.71
EBITDA Margin	8.50%	9.61%	15.42%	15.12%	20.75%	19.23%
EBIT	452.81	537.48	960.44	903.05	1,281	962.47
EBIT Margin	8.06%	9.18%	15.02%	14.71%	20.35%	18.72%
Effective Tax Rate	22.43%	22.51%	21.61%	22.19%	23.05%	22.77%

SEC Filings: 10-K · 10-Q