Meritage Homes Corporation (MTH)

NYSE: MTH · IEX Real-Time Price · USD

190.10

-3.77 (-1.94%)

At close: Jul 19, 2024, 4:00 PM

190.14

+0.04 (0.02%)

After-hours: Jul 20, 2024, 12:58 PM EDT

Meritage Homes Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	2018 - 1994
Revenue	6,328	6,138	6,292	5,141	4,506	3,678	Upgrade
Revenue Growth (YoY)	0.67%	-2.45%	22.39%	14.09%	22.53%	3.78%	Upgrade
Cost of Revenue	4,719	4,619	4,489	3,706	3,530	2,978	Upgrade
Gross Profit	1,609	1,519	1,803	1,435	976	700.19	Upgrade
Selling, General & Admin	638.55	616.63	516.25	466.85	446.92	392.82	Upgrade
Operating Expenses	638.55	616.63	516.25	466.85	446.92	392.82	Upgrade
Operating Income	970.92	902.39	1,287	968.48	529.08	307.37	Upgrade
Interest Expense / Income	0	0	0.04	0.32	2.18	8.37	Upgrade
Other Expense / Income	-47.22	-47.04	-2.71	13.32	-6.66	-3.94	Upgrade
Pretax Income	1,018	949.43	1,289	954.83	533.57	302.95	Upgrade
Income Tax	224.68	210.68	297.13	217.39	110.09	53.28	Upgrade
Net Income	793.46	738.75	992.19	737.44	423.48	249.66	Upgrade
Net Income Growth	-12.44%	-25.54%	34.54%	74.14%	69.62%	9.82%	Upgrade
Shares Outstanding (Basic)	36	37	37	38	38	38	Upgrade
Shares Outstanding (Diluted)	37	37	37	38	38	39	Upgrade
Shares Change	-0.92%	-0.09%	-2.96%	-0.65%	-1.05%	-4.51%	Upgrade
EPS (Basic)	21.71	20.17	27.04	19.61	11.23	6.55	Upgrade
EPS (Diluted)	21.44	19.93	26.74	19.29	11.00	6.42	Upgrade
EPS Growth	-12.49%	-25.47%	38.62%	75.36%	71.34%	15.05%	Upgrade
Free Cash Flow	277.85	317.8	378.78	-177.21	511.13	322.89	Upgrade
Free Cash Flow Per Share	7.65	8.68	10.32	-4.71	13.55	8.47	Upgrade
Dividend Per Share	1.560	1.080	-	-	-	-	Upgrade
Dividend Growth	477.78%	-	-	-	-	-	Upgrade
Gross Margin	25.43%	24.75%	28.65%	27.92%	21.66%	19.04%	Upgrade
Operating Margin	15.34%	14.70%	20.45%	18.84%	11.74%	8.36%	Upgrade
Profit Margin	12.54%	12.04%	15.77%	14.34%	9.40%	6.79%	Upgrade
Free Cash Flow Margin	4.39%	5.18%	6.02%	-3.45%	11.34%	8.78%	Upgrade
Effective Tax Rate	22.07%	22.19%	23.05%	22.77%	20.63%	17.59%	Upgrade
EBITDA	1,044	974.76	1,314	981.4	566.8	339.24	Upgrade
EBITDA Margin	16.50%	15.88%	20.88%	19.09%	12.58%	9.22%	Upgrade
Depreciation & Amortization	26.16	25.33	24.75	26.25	31.05	27.92	Upgrade
EBIT	1,018	949.43	1,289	955.15	535.74	311.32	Upgrade
EBIT Margin	16.09%	15.47%	20.49%	18.58%	11.89%	8.46%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).