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Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
63.08
+0.30 (0.48%)
Mar 13, 2026, 4:00 PM EDT - Market closed

Meritage Homes Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
5,8586,3956,1386,2925,141
Revenue Growth (YoY)
-8.40%4.18%-2.45%22.38%14.22%
Cost of Revenue
4,7044,7954,6194,4953,712
Gross Profit
1,1541,6001,5201,7971,429
Selling, General & Admin
616.17639.93616.63516.25466.85
Total Operating Expenses
616.17639.93616.63516.25466.85
Operating Income
537.48960.44903.051,281962.47
Interest Income
2.98-2.1-0.665.956.01
Interest Expense
----0.04-0.32
Other Non-Operating Income (Expense)
44.1544.5347.042.71-13.32
Total Non-Operating Income (Expense)
47.1242.4346.398.62-7.63
Pretax Income
584.61,003949.431,289954.83
Provision for Income Taxes
131.59216.68210.68297.13217.39
Net Income
453.01786.19738.75992.19737.44
Net Income to Common
453.01786.19738.75992.19737.44
Net Income Growth
-42.38%6.42%-25.54%34.54%74.14%
Shares Outstanding (Basic)
7172737375
Shares Outstanding (Diluted)
7173747476
Shares Change (YoY)
-2.71%-1.09%-0.09%-2.96%-0.65%
EPS (Basic)
6.4010.8510.0913.529.80
EPS (Diluted)
6.3510.729.9613.379.64
EPS Growth
-40.77%7.63%-25.50%38.62%75.36%
Free Cash Flow
92.57-256.23317.38378.3-177.76
Free Cash Flow Growth
---16.10%--
Free Cash Flow Per Share
1.30-3.494.285.10-2.32
Dividends Per Share
1.7201.5000.540--
Dividend Growth
14.67%177.78%---
Gross Margin
19.69%25.03%24.76%28.56%27.80%
Operating Margin
9.18%15.02%14.71%20.35%18.72%
Profit Margin
7.73%12.29%12.04%15.77%14.34%
FCF Margin
1.58%-4.01%5.17%6.01%-3.46%
EBITDA
562.76986.4928.381,305988.71
EBITDA Margin
9.61%15.42%15.12%20.75%19.23%
EBIT
537.48960.44903.051,281962.47
EBIT Margin
9.18%15.02%14.71%20.35%18.72%
Effective Tax Rate
22.51%21.61%22.19%23.05%22.77%
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q