Meritage Homes Corporation (MTH)

NYSE: MTH · Real-Time Price · USD

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72.12

+2.37 (3.40%)

At close: Dec 10, 2025, 4:00 PM EST

72.21

+0.09 (0.12%)

Pre-market: Dec 11, 2025, 7:42 AM EST

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	2015 - 2019
Period Ending	Sep '25 Sep 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	2015 - 2019
Operating Revenue	6,010	6,364	6,113	6,269	5,120	4,482	Upgrade
Other Revenue	33.4	31.16	25.25	23.48	21.21	19.1	Upgrade
Revenue	6,044	6,395	6,138	6,292	5,141	4,501	Upgrade
Revenue Growth (YoY)	-6.06%	4.18%	-2.45%	22.38%	14.22%	22.75%	Upgrade
Cost of Revenue	4,730	4,780	4,606	4,484	3,701	3,498	Upgrade
Gross Profit	1,301	1,598	1,519	1,803	1,437	1,001	Upgrade
Selling, General & Admin	639.94	639.93	616.63	516.25	466.85	446.92	Upgrade
Operating Expenses	639.94	639.93	616.63	516.25	466.85	446.92	Upgrade
Operating Income	660.6	958.35	902.39	1,287	970.58	553.98	Upgrade
Interest Expense	-	-	-	-0.04	-0.32	-2.18	Upgrade
Earnings From Equity Investments	11.16	11.32	7.03	0.19	-1.34	-0.53	Upgrade
Other Non Operating Income (Expenses)	31.27	33.84	40.92	2.53	6.21	7.19	Upgrade
EBT Excluding Unusual Items	703.03	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	703.03	1,003	949.43	1,289	954.83	533.57	Upgrade
Income Tax Expense	161.4	216.68	210.68	297.13	217.39	110.09	Upgrade
Net Income	541.63	786.19	738.75	992.19	737.44	423.48	Upgrade
Net Income to Common	541.63	786.19	738.75	992.19	737.44	423.48	Upgrade
Net Income Growth	-33.33%	6.42%	-25.54%	34.54%	74.14%	69.62%	Upgrade
Shares Outstanding (Basic)	72	72	73	73	75	75	Upgrade
Shares Outstanding (Diluted)	72	73	74	74	76	77	Upgrade
Shares Change (YoY)	-1.82%	-1.09%	-0.09%	-2.96%	-0.65%	-1.05%	Upgrade
EPS (Basic)	7.57	10.85	10.09	13.52	9.80	5.61	Upgrade
EPS (Diluted)	7.50	10.72	9.96	13.37	9.64	5.50	Upgrade
EPS Growth	-32.12%	7.63%	-25.50%	38.62%	75.36%	71.34%	Upgrade
Free Cash Flow	-252.58	-256.23	317.38	378.3	-177.76	510.43	Upgrade
Free Cash Flow Per Share	-3.50	-3.49	4.28	5.10	-2.33	6.63	Upgrade
Dividend Per Share	1.665	1.500	0.540	-	-	-	Upgrade
Dividend Growth	32.14%	177.78%	-	-	-	-	Upgrade
Gross Margin	21.52%	24.99%	24.75%	28.65%	27.96%	22.24%	Upgrade
Operating Margin	10.93%	14.99%	14.70%	20.45%	18.88%	12.31%	Upgrade
Profit Margin	8.96%	12.29%	12.04%	15.77%	14.34%	9.41%	Upgrade
Free Cash Flow Margin	-4.18%	-4.01%	5.17%	6.01%	-3.46%	11.34%	Upgrade
EBITDA	685.8	984.3	927.72	1,311	996.82	585.03	Upgrade
EBITDA Margin	11.35%	15.39%	15.11%	20.84%	19.39%	13.00%	Upgrade
D&A For EBITDA	25.2	25.96	25.33	24.75	26.25	31.05	Upgrade
EBIT	660.6	958.35	902.39	1,287	970.58	553.98	Upgrade
EBIT Margin	10.93%	14.99%	14.70%	20.45%	18.88%	12.31%	Upgrade
Effective Tax Rate	22.96%	21.61%	22.19%	23.04%	22.77%	20.63%	Upgrade
Revenue as Reported	6,010	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q