Meritage Homes Corporation (MTH)

Meritage Homes Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	775.16	651.56	921.23	861.56	618.34
Cash & Short-Term Investments	775.16	651.56	921.23	861.56	618.34
Cash Growth	18.97%	-29.27%	6.93%	39.34%	-17.07%
Other Receivables	306.96	256.28	266.97	215.02	147.55
Total Trade Receivables	306.96	256.28	266.97	215.02	147.55
Inventory	174.17	192.41	111.36	76.73	98.69
Total Current Assets	1,256	1,100	1,300	1,153	864.57
Net Property, Plant & Equipment	46.65	47.29	48.95	38.64	37.34
Long-Term Investments	57.27	28.74	17.17	11.75	5.76
Other Long-Term Assets	274.97	257.62	266.16	210.14	165.45
Total Assets	7,622	7,163	6,353	5,772	4,808
Accounts Payable	200.68	212.48	271.65	273.27	216.01
Accrued Expenses	387.7	452.21	424.76	360.62	337.28
Short-Term Debt	24.33	29.34	13.53	7.06	17.55
Unearned Revenue	9.21	20.51	36.61	37.96	42.61
Other Current Liabilities	-	-	-	-	7.21
Total Current Liabilities	621.92	714.55	746.55	678.9	620.66
Long-Term Debt	1,805	1,307	994.69	1,144	1,142
Total Long-Term Liabilities	1,805	1,307	994.69	1,144	1,142
Total Liabilities	2,427	2,021	1,741	1,822	1,763
Common Stock	0.68	0.36	0.36	0.37	0.37
Additional Paid-in Capital	-	143.04	290.96	327.88	414.84
Retained Earnings	5,195	4,998	4,321	3,621	2,629
Shareholders' Equity	5,196	5,142	4,612	3,950	3,044
Total Liabilities & Equity	7,622	7,163	6,353	5,772	4,808
Total Debt	1,829	1,336	1,008	1,151	1,160
Net Cash (Debt)	-1,054	-684.32	-86.99	-289.09	-541.7
Net Cash Per Share	-14.77	-9.33	-1.17	-3.90	-7.08
Book Value	5,196	5,142	4,612	3,950	3,044
Book Value Per Share	72.82	70.11	62.21	53.23	39.81
Tangible Book Value	5,196	5,142	4,612	3,950	3,044
Tangible Book Value Per Share	72.82	70.11	62.21	53.23	39.81

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q