Meritage Homes Corporation (MTH)

NYSE: MTH · Real-Time Price · USD

78.79

-2.27 (-2.80%)

At close: Sep 12, 2025, 4:00 PM EDT

78.78

-0.01 (-0.01%)

After-hours: Sep 12, 2025, 7:09 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 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Operating Revenue	6,183	6,364	6,113	6,269	5,120	4,482	Upgrade
Other Revenue	33.01	31.16	25.25	23.48	21.21	19.1	Upgrade
Revenue	6,216	6,395	6,138	6,292	5,141	4,501	Upgrade
Revenue Growth (YoY)	-3.72%	4.18%	-2.45%	22.38%	14.22%	22.75%	Upgrade
Cost of Revenue	4,777	4,780	4,606	4,484	3,701	3,498	Upgrade
Gross Profit	1,425	1,598	1,519	1,803	1,437	1,001	Upgrade
Selling, General & Admin	645.52	639.93	616.63	516.25	466.85	446.92	Upgrade
Operating Expenses	645.52	639.93	616.63	516.25	466.85	446.92	Upgrade
Operating Income	779.73	958.35	902.39	1,287	970.58	553.98	Upgrade
Interest Expense	-	-	-	-0.04	-0.32	-2.18	Upgrade
Earnings From Equity Investments	5.75	11.32	7.03	0.19	-1.34	-0.53	Upgrade
Other Non Operating Income (Expenses)	39.23	33.84	40.92	2.53	6.21	7.19	Upgrade
EBT Excluding Unusual Items	824.71	1,004	950.34	1,289	975.12	558.47	Upgrade
Asset Writedown	-	-	-	-	-2.1	-24.9	Upgrade
Other Unusual Items	-	-0.63	-0.91	-	-18.19	-	Upgrade
Pretax Income	824.71	1,003	949.43	1,289	954.83	533.57	Upgrade
Income Tax Expense	186.41	216.68	210.68	297.13	217.39	110.09	Upgrade
Net Income	638.3	786.19	738.75	992.19	737.44	423.48	Upgrade
Net Income to Common	638.3	786.19	738.75	992.19	737.44	423.48	Upgrade
Net Income Growth	-23.85%	6.42%	-25.54%	34.54%	74.14%	69.62%	Upgrade
Shares Outstanding (Basic)	72	72	73	73	75	75	Upgrade
Shares Outstanding (Diluted)	73	73	74	74	76	77	Upgrade
Shares Change (YoY)	-1.37%	-1.09%	-0.09%	-2.96%	-0.65%	-1.05%	Upgrade
EPS (Basic)	8.87	10.85	10.09	13.52	9.80	5.61	Upgrade
EPS (Diluted)	8.78	10.72	9.96	13.37	9.64	5.50	Upgrade
EPS Growth	-22.76%	7.63%	-25.50%	38.62%	75.36%	71.34%	Upgrade
Free Cash Flow	-248.29	-256.23	317.38	378.3	-177.76	510.43	Upgrade
Free Cash Flow Per Share	-3.42	-3.49	4.28	5.10	-2.33	6.63	Upgrade
Dividend Per Share	1.610	1.500	0.540	-	-	-	Upgrade
Dividend Growth	57.84%	177.78%	-	-	-	-	Upgrade
Gross Margin	22.93%	24.99%	24.75%	28.65%	27.96%	22.24%	Upgrade
Operating Margin	12.54%	14.99%	14.70%	20.45%	18.88%	12.31%	Upgrade
Profit Margin	10.27%	12.29%	12.04%	15.77%	14.34%	9.41%	Upgrade
Free Cash Flow Margin	-3.99%	-4.01%	5.17%	6.01%	-3.46%	11.34%	Upgrade
EBITDA	805.49	984.3	927.72	1,311	996.82	585.03	Upgrade
EBITDA Margin	12.96%	15.39%	15.11%	20.84%	19.39%	13.00%	Upgrade
D&A For EBITDA	25.76	25.96	25.33	24.75	26.25	31.05	Upgrade
EBIT	779.73	958.35	902.39	1,287	970.58	553.98	Upgrade
EBIT Margin	12.54%	14.99%	14.70%	20.45%	18.88%	12.31%	Upgrade
Effective Tax Rate	22.60%	21.61%	22.19%	23.04%	22.77%	20.63%	Upgrade
Revenue as Reported	6,183	6,364	6,113	6,269	5,120	4,482	Upgrade
Advertising Expenses	-	17.1	15.1	12.1	8.2	10.5	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q