Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
178.23
-0.02 (-0.01%)
At close: Nov 20, 2024, 4:00 PM
177.00
-1.23 (-0.69%)
Pre-market: Nov 21, 2024, 7:07 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 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Operating Revenue | 6,404 | 6,113 | 6,269 | 5,120 | 4,482 | 3,650 | Upgrade
|
| Other Revenue | 29.93 | 25.25 | 23.48 | 21.21 | 19.1 | 16.46 | Upgrade
|
| Revenue | 6,434 | 6,138 | 6,292 | 5,141 | 4,501 | 3,667 | Upgrade
|
| Revenue Growth (YoY) | -0.66% | -2.45% | 22.39% | 14.22% | 22.75% | 3.92% | Upgrade
|
| Cost of Revenue | 4,777 | 4,606 | 4,484 | 3,701 | 3,498 | 2,964 | Upgrade
|
| Gross Profit | 1,640 | 1,519 | 1,803 | 1,437 | 1,001 | 707.49 | Upgrade
|
| Selling, General & Admin | 643.34 | 616.63 | 516.25 | 466.85 | 446.92 | 392.82 | Upgrade
|
| Operating Expenses | 643.34 | 616.63 | 516.25 | 466.85 | 446.92 | 392.82 | Upgrade
|
| Operating Income | 996.7 | 902.39 | 1,287 | 970.58 | 553.98 | 314.67 | Upgrade
|
| Interest Expense | - | - | -0.04 | -0.32 | -2.18 | -8.37 | Upgrade
|
| Earnings From Equity Investments | 8.08 | 7.03 | 0.19 | -1.34 | -0.53 | 1.05 | Upgrade
|
| Other Non Operating Income (Expenses) | 36.03 | 40.92 | 2.53 | 6.21 | 7.19 | 8.53 | Upgrade
|
| EBT Excluding Unusual Items | 1,041 | 950.34 | 1,289 | 975.12 | 558.47 | 315.88 | Upgrade
|
| Asset Writedown | - | - | - | -2.1 | -24.9 | -7.3 | Upgrade
|
| Other Unusual Items | -0.63 | -0.91 | - | -18.19 | - | -5.64 | Upgrade
|
| Pretax Income | 1,040 | 949.43 | 1,289 | 954.83 | 533.57 | 302.95 | Upgrade
|
| Income Tax Expense | 227.79 | 210.68 | 297.13 | 217.39 | 110.09 | 53.28 | Upgrade
|
| Net Income | 812.39 | 738.75 | 992.19 | 737.44 | 423.48 | 249.66 | Upgrade
|
| Net Income to Common | 812.39 | 738.75 | 992.19 | 737.44 | 423.48 | 249.66 | Upgrade
|
| Net Income Growth | 1.26% | -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 (YoY) | -0.86% | -0.09% | -2.96% | -0.65% | -1.05% | -4.51% | Upgrade
|
| EPS (Basic) | 22.36 | 20.17 | 27.04 | 19.61 | 11.23 | 6.55 | Upgrade
|
| EPS (Diluted) | 22.10 | 19.93 | 26.74 | 19.29 | 11.00 | 6.42 | Upgrade
|
| EPS Growth | 2.15% | -25.47% | 38.62% | 75.36% | 71.34% | 15.05% | Upgrade
|
| Free Cash Flow | -260.68 | 317.38 | 378.3 | -177.76 | 510.43 | 322.44 | Upgrade
|
| Free Cash Flow Per Share | -7.09 | 8.56 | 10.20 | -4.65 | 13.26 | 8.29 | Upgrade
|
| Dividend Per Share | 2.520 | 1.080 | - | - | - | - | Upgrade
|
| Gross Margin | 25.49% | 24.75% | 28.65% | 27.96% | 22.24% | 19.29% | Upgrade
|
| Operating Margin | 15.49% | 14.70% | 20.45% | 18.88% | 12.31% | 8.58% | Upgrade
|
| Profit Margin | 12.63% | 12.04% | 15.77% | 14.34% | 9.41% | 6.81% | Upgrade
|
| Free Cash Flow Margin | -4.05% | 5.17% | 6.01% | -3.46% | 11.34% | 8.79% | Upgrade
|
| EBITDA | 1,024 | 927.72 | 1,311 | 996.82 | 585.03 | 342.6 | Upgrade
|
| EBITDA Margin | 15.91% | 15.11% | 20.84% | 19.39% | 13.00% | 9.34% | Upgrade
|
| D&A For EBITDA | 27.12 | 25.33 | 24.75 | 26.25 | 31.05 | 27.92 | Upgrade
|
| EBIT | 996.7 | 902.39 | 1,287 | 970.58 | 553.98 | 314.67 | Upgrade
|
| EBIT Margin | 15.49% | 14.70% | 20.45% | 18.88% | 12.31% | 8.58% | Upgrade
|
| Effective Tax Rate | 21.90% | 22.19% | 23.05% | 22.77% | 20.63% | 17.59% | Upgrade
|
| Revenue as Reported | 6,404 | 6,113 | 6,269 | 5,120 | 4,482 | 3,650 | Upgrade
|
| Advertising Expenses | - | 15.1 | 12.1 | 8.2 | 10.5 | 14.6 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.