Meritage Homes Corporation (MTH)
NYSE: MTH · Real-Time Price · USD
70.53
-1.70 (-2.35%)
Aug 27, 2026, 4:00 PM EDT - Market closed
Meritage Homes Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
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 |
Cash & Equivalents | 807.27 | 775.16 | 651.56 | 921.23 | 861.56 | 618.34 |
Cash & Short-Term Investments | 807.27 | 775.16 | 651.56 | 921.23 | 861.56 | 618.34 |
Cash Growth | -13.24% | 18.97% | -29.27% | 6.93% | 39.34% | -17.07% |
Other Receivables | 304.1 | 306.96 | 256.28 | 266.97 | 215.02 | 147.55 |
Receivables | 304.1 | 306.96 | 256.28 | 266.97 | 215.02 | 147.55 |
Inventory | 5,892 | 5,987 | 5,729 | 4,721 | 4,358 | 3,734 |
Prepaid Expenses | 141.2 | 126.33 | 111.69 | 129.05 | 108.8 | 67.18 |
Other Current Assets | 168.98 | 174.17 | 192.41 | 111.36 | 76.73 | 90.68 |
Total Current Assets | 7,314 | 7,370 | 6,941 | 6,150 | 5,620 | 4,658 |
Property, Plant & Equipment | 101.97 | 103.63 | 100.23 | 100.23 | 57.76 | 58.38 |
Long-Term Investments | 59.42 | 57.27 | 28.74 | 17.17 | 11.75 | 5.76 |
Goodwill | 32.96 | 32.96 | 32.96 | 32.96 | 32.96 | 32.96 |
Long-Term Deferred Tax Assets | 47.06 | 53.29 | 54.52 | 47.57 | 45.45 | 40.67 |
Long-Term Deferred Charges | - | 5.4 | 5.5 | 5.3 | 3.8 | 3.6 |
Other Long-Term Assets | - | - | - | - | - | 8.01 |
Total Assets | 7,555 | 7,622 | 7,163 | 6,353 | 5,772 | 4,808 |
Liabilities
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 |
Accounts Payable | 215.74 | 200.68 | 212.48 | 271.65 | 273.27 | 216.01 |
Accrued Expenses | 255.06 | 286.35 | 339.22 | 307.8 | 277.08 | 247.55 |
Current Portion of Leases | - | 10.52 | - | - | - | - |
Current Income Taxes Payable | 13.12 | 14.21 | 24.48 | 25.57 | 25.18 | 37.3 |
Other Current Liabilities | 25.56 | 26.68 | 32.69 | 37.36 | 35.58 | 26.26 |
Total Current Liabilities | 509.48 | 538.43 | 608.87 | 642.37 | 611.1 | 527.12 |
Long-Term Debt | 1,847 | 1,829 | 1,336 | 1,008 | 1,151 | 1,160 |
Long-Term Leases | 59.8 | 49.95 | 55.83 | 54.04 | 22.78 | 26.17 |
Long-Term Unearned Revenue | 10.02 | 9.21 | 20.51 | 36.61 | 37.96 | 42.61 |
Other Long-Term Liabilities | 70.32 | - | - | - | - | 7.21 |
Total Liabilities | 2,497 | 2,427 | 2,021 | 1,741 | 1,822 | 1,763 |
Shareholders' Equity
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 |
Common Stock | 0.65 | 0.68 | 0.36 | 0.36 | 0.37 | 0.37 |
Additional Paid-In Capital | - | - | 143.04 | 290.96 | 327.88 | 414.84 |
Retained Earnings | 5,057 | 5,195 | 4,998 | 4,321 | 3,621 | 2,629 |
Shareholders' Equity | 5,058 | 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 |
Additional Metrics
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 |
Total Debt | 1,907 | 1,890 | 1,392 | 1,062 | 1,173 | 1,186 |
Net Cash (Debt) | -1,100 | -1,114 | -740.15 | -141.03 | -311.87 | -567.87 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -16.01 | -15.62 | -10.09 | -1.90 | -4.20 | -7.43 |
Filing Date Shares Outstanding | 65.17 | 66.8 | 71.77 | 72.34 | 73.14 | 73.88 |
Total Common Shares Outstanding | 65.17 | 68.17 | 71.92 | 72.85 | 73.14 | 74.68 |
Working Capital | 6,804 | 6,831 | 6,332 | 5,508 | 5,009 | 4,131 |
Book Value Per Share | 77.61 | 76.22 | 71.49 | 63.31 | 54.00 | 40.76 |
Tangible Book Value | 5,025 | 5,163 | 5,109 | 4,579 | 3,917 | 3,011 |
Tangible Book Value Per Share | 77.10 | 75.73 | 71.03 | 62.85 | 53.55 | 40.32 |
Machinery | - | 122.8 | 116.58 | 122.73 | 123.26 | 123.92 |
Order Backlog | - | 440.56 | 629.55 | - | - | - |