Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
67.08
-3.96 (-5.57%)
At close: Oct 29, 2025, 4:00 PM EDT
67.08
0.00 (0.00%)
After-hours: Oct 29, 2025, 7:00 PM EDT

Meritage Homes Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2024FY 2023FY 2022FY 2021FY 20202015 - 2019
Period Ending
Sep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2015 - 2019
Operating Revenue
6,0106,3646,1136,2695,1204,482
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Other Revenue
33.431.1625.2523.4821.2119.1
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6,0446,3956,1386,2925,1414,501
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Revenue Growth (YoY)
-6.06%4.18%-2.45%22.38%14.22%22.75%
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Cost of Revenue
4,7304,7804,6064,4843,7013,498
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Gross Profit
1,3011,5981,5191,8031,4371,001
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Selling, General & Admin
639.94639.93616.63516.25466.85446.92
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Operating Expenses
639.94639.93616.63516.25466.85446.92
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Operating Income
660.6958.35902.391,287970.58553.98
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Interest Expense
----0.04-0.32-2.18
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Earnings From Equity Investments
11.3211.327.030.19-1.34-0.53
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Other Non Operating Income (Expenses)
31.1133.8440.922.536.217.19
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EBT Excluding Unusual Items
703.031,004950.341,289975.12558.47
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Asset Writedown
-----2.1-24.9
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Other Unusual Items
--0.63-0.91--18.19-
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Pretax Income
703.031,003949.431,289954.83533.57
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Income Tax Expense
161.4216.68210.68297.13217.39110.09
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Net Income
541.63786.19738.75992.19737.44423.48
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Net Income to Common
541.63786.19738.75992.19737.44423.48
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Net Income Growth
-33.33%6.42%-25.54%34.54%74.14%69.62%
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Shares Outstanding (Basic)
727273737575
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Shares Outstanding (Diluted)
727374747677
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Shares Change (YoY)
-1.82%-1.09%-0.09%-2.96%-0.65%-1.05%
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EPS (Basic)
7.5710.8510.0913.529.805.61
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EPS (Diluted)
7.5010.729.9613.379.645.50
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EPS Growth
-32.16%7.63%-25.50%38.62%75.36%71.34%
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Free Cash Flow
-252.58-256.23317.38378.3-177.76510.43
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Free Cash Flow Per Share
-3.50-3.494.285.10-2.336.63
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Dividend Per Share
1.6651.5000.540---
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Dividend Growth
32.14%177.78%----
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Gross Margin
21.52%24.99%24.75%28.65%27.96%22.24%
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Operating Margin
10.93%14.99%14.70%20.45%18.88%12.31%
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Profit Margin
8.96%12.29%12.04%15.77%14.34%9.41%
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Free Cash Flow Margin
-4.18%-4.01%5.17%6.01%-3.46%11.34%
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EBITDA
685.8984.3927.721,311996.82585.03
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EBITDA Margin
11.35%15.39%15.11%20.84%19.39%13.00%
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D&A For EBITDA
25.225.9625.3324.7526.2531.05
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EBIT
660.6958.35902.391,287970.58553.98
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EBIT Margin
10.93%14.99%14.70%20.45%18.88%12.31%
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Effective Tax Rate
22.96%21.61%22.19%23.04%22.77%20.63%
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Revenue as Reported
6,3646,3646,1136,2695,1204,482
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Advertising Expenses
-17.115.112.18.210.5
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Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q