Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
62.82
+0.54 (0.87%)
At close: Oct 6, 2026, 4:00 PM EDT
61.80
-1.02 (-1.62%)
Pre-market: Oct 7, 2026, 7:33 AM EDT
Meritage Homes Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 5,392 | 5,858 | 6,395 | 6,138 | 6,292 | 5,141 |
Revenue Growth | -13.27% | -8.40% | 4.18% | -2.45% | 22.38% | 14.22% |
Gross Profit Gross Profit Growth | 985.34 | 1,177 | 1,598 | 1,520 | 1,803 | 1,437 |
Operating Income Operating Income Growth | 409.84 | 561.28 | 958.35 | 903.35 | 1,287 | 970.58 |
Net Income Net Income Growth | 329.27 | 453.01 | 786.19 | 738.75 | 992.19 | 737.44 |
Earnings Per Share EPS Growth | 4.80 | 6.35 | 10.72 | 9.96 | 13.37 | 9.64 |
EPS Growth | -45.35% | -40.77% | 7.63% | -25.50% | 38.62% | 75.36% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
West Homebuilding West Homebuilding Growth | 1,538 | 1,829 | 2,224 | 2,142 | 2,250 | 1,936 |
Central Homebuilding Central Homebuilding Growth | 1,766 | 1,836 | 2,016 | 2,013 | 1,846 | 1,504 |
East Homebuilding East Homebuilding Growth | 1,998 | 2,098 | 2,102 | 1,958 | 2,172 | 1,680 |
Other Other Growth | 89.99 | 94.04 | 53.49 | 25.25 | 23.48 | 21.21 |
Revenue (Total) Revenue (Total) Growth | 5,392 | 5,858 | 6,395 | 6,138 | 6,292 | 5,141 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 807.27 | 775.16 | 651.56 | 921.23 | 861.56 | 618.34 |
Total Debt Total Debt Growth | 1,907 | 1,890 | 1,392 | 1,062 | 1,173 | 1,186 |
Net Cash (Debt) Net Cash Growth | -1,100 | -1,114 | -740.15 | -141.03 | -311.87 | -567.87 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -16.01 | -15.62 | -10.09 | -1.90 | -4.20 | -7.43 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 437.94 | 118.29 | -227.58 | 355.57 | 405.27 | -152.09 |
Capital Expenditures CapEx Growth | -23.24 | -25.72 | -28.66 | -38.19 | -26.97 | -25.66 |
Free Cash Flow Free Cash Flow Growth | 414.71 | 92.57 | -256.23 | 317.38 | 378.3 | -177.76 |
Free Cash Flow Growth | - | - | - | -16.10% | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 18.28% | 20.10% | 24.99% | 24.76% | 28.65% | 27.96% |
Operating Margin | 7.60% | 9.58% | 14.99% | 14.72% | 20.45% | 18.88% |
Pretax Margin | 7.87% | 9.98% | 15.68% | 15.47% | 20.49% | 18.57% |
Profit Margin | 6.11% | 7.73% | 12.29% | 12.04% | 15.77% | 14.34% |
FCF Margin | 7.69% | 1.58% | -4.01% | 5.17% | 6.01% | -3.46% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Period Ending | Oct '26 Oct 7, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 |
Dividend Per Share Dividend Per Share Growth | 1.920 | 1.720 | 1.500 | 0.540 |
Dividend Per Share Growth | 12.31% | 14.67% | 177.78% | - |
Dividend Yield | 3.06% | 2.67% | 2.04% | 0.66% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Oct '26 Oct 7, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 13.10 | 10.23 | 7.08 | 8.60 | 3.40 | 6.18 |
Forward PE | 11.86 | 9.91 | 7.63 | 9.45 | 5.66 | 5.30 |
P/FCF Ratio | 9.87 | 50.05 | - | 20.01 | 8.91 | - |
PS Ratio | 0.76 | 0.79 | 0.87 | 1.03 | 0.54 | 0.89 |