Meritage Homes Corporation (MTH)

NYSE: MTH · Real-Time Price · USD

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69.51

-0.45 (-0.64%)

At close: Jan 30, 2026, 4:00 PM EST

69.45

-0.06 (-0.09%)

After-hours: Jan 30, 2026, 7:58 PM EST

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
Revenue	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

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q