Meritage Homes Balance Sheet

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	Mar '26 Mar 31, 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 & Equivalents	766.63	775.16	651.56	921.23	861.56	618.34
Cash & Short-Term Investments	766.63	775.16	651.56	921.23	861.56	618.34
Cash Growth	-24.22%	18.97%	-29.27%	6.93%	39.34%	-17.07%
Other Receivables	280.92	306.96	256.28	266.97	215.02	147.55
Total Trade Receivables	280.92	306.96	256.28	266.97	215.02	147.55
Inventory	6,128	174.17	192.41	111.36	76.73	98.69
Total Current Assets	7,176	1,256	1,100	1,300	1,153	864.57
Net Property, Plant & Equipment	46.06	46.65	47.29	48.95	38.64	37.34
Long-Term Investments	60.76	57.27	28.74	17.17	11.75	5.76
Other Long-Term Assets	271.92	274.97	257.62	266.16	210.14	165.45
Total Assets	7,555	7,622	7,163	6,353	5,772	4,808
Accounts Payable	199.94	200.68	212.48	271.65	273.27	216.01
Accrued Expenses	408.72	387.7	452.21	424.76	360.62	337.28
Short-Term Debt	34.99	24.33	29.34	13.53	7.06	17.55
Unearned Revenue	10.91	9.21	20.51	36.61	37.96	42.61
Other Current Liabilities	-	-	-	-	-	7.21
Total Current Liabilities	654.56	621.92	714.55	746.55	678.9	620.66
Long-Term Debt	1,806	1,805	1,307	994.69	1,144	1,142
Total Long-Term Liabilities	1,806	1,805	1,307	994.69	1,144	1,142
Total Liabilities	2,461	2,427	2,021	1,741	1,822	1,763
Common Stock	0.67	0.68	0.36	0.36	0.37	0.37
Additional Paid-in Capital	-	-	143.04	290.96	327.88	414.84
Retained Earnings	5,093	5,195	4,998	4,321	3,621	2,629
Shareholders' Equity	5,094	5,196	5,142	4,612	3,950	3,044
Total Liabilities & Equity	7,555	7,622	7,163	6,353	5,772	4,808
Total Debt	1,841	1,829	1,336	1,008	1,151	1,160
Net Cash (Debt)	-1,075	-1,054	-684.32	-86.99	-289.09	-541.7
Net Cash Per Share	-15.31	-14.77	-9.33	-1.17	-3.90	-7.08
Book Value	5,094	5,196	5,142	4,612	3,950	3,044
Book Value Per Share	72.59	72.82	70.11	62.21	53.23	39.81
Tangible Book Value	5,094	5,196	5,142	4,612	3,950	3,044
Tangible Book Value Per Share	72.59	72.82	70.11	62.21	53.23	39.81

Updated Mar 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q