Meritage Homes Statistics
Total Valuation
Meritage Homes has a market cap or net worth of $4.63 billion. The enterprise value is $5.79 billion.
Important Dates
The last earnings date was Tuesday, October 28, 2025, after market close.
| Earnings Date | Oct 28, 2025 |
| Ex-Dividend Date | Sep 16, 2025 |
Share Statistics
Meritage Homes has 70.41 million shares outstanding. The number of shares has decreased by -1.82% in one year.
| Current Share Class | 70.41M |
| Shares Outstanding | 70.41M |
| Shares Change (YoY) | -1.82% |
| Shares Change (QoQ) | -0.99% |
| Owned by Insiders (%) | 2.28% |
| Owned by Institutions (%) | 102.03% |
| Float | 68.79M |
Valuation Ratios
The trailing PE ratio is 8.76 and the forward PE ratio is 9.56.
| PE Ratio | 8.76 |
| Forward PE | 9.56 |
| PS Ratio | 0.78 |
| Forward PS | 0.75 |
| PB Ratio | 0.87 |
| P/TBV Ratio | 0.88 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 10.69 |
| EV / Sales | 0.96 |
| EV / EBITDA | 8.44 |
| EV / EBIT | 8.76 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 13.19, with a Debt / Equity ratio of 0.36.
| Current Ratio | 13.19 |
| Quick Ratio | 1.84 |
| Debt / Equity | 0.36 |
| Debt / EBITDA | 2.69 |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 10.50% and return on invested capital (ROIC) is 6.08%.
| Return on Equity (ROE) | 10.50% |
| Return on Assets (ROA) | 5.56% |
| Return on Invested Capital (ROIC) | 6.08% |
| Return on Capital Employed (ROCE) | 9.19% |
| Revenue Per Employee | $3.18M |
| Profits Per Employee | $285,369 |
| Employee Count | 1,898 |
| Asset Turnover | 0.81 |
| Inventory Turnover | 0.82 |
Taxes
In the past 12 months, Meritage Homes has paid $161.40 million in taxes.
| Income Tax | 161.40M |
| Effective Tax Rate | 22.96% |
Stock Price Statistics
The stock price has decreased by -25.38% in the last 52 weeks. The beta is 1.45, so Meritage Homes's price volatility has been higher than the market average.
| Beta (5Y) | 1.45 |
| 52-Week Price Change | -25.38% |
| 50-Day Moving Average | 70.51 |
| 200-Day Moving Average | 70.61 |
| Relative Strength Index (RSI) | 43.09 |
| Average Volume (20 Days) | 885,185 |
Short Selling Information
The latest short interest is 3.86 million, so 5.49% of the outstanding shares have been sold short.
| Short Interest | 3.86M |
| Short Previous Month | 3.25M |
| Short % of Shares Out | 5.49% |
| Short % of Float | 5.62% |
| Short Ratio (days to cover) | 4.45 |
Income Statement
In the last 12 months, Meritage Homes had revenue of $6.04 billion and earned $541.63 million in profits. Earnings per share was $7.50.
| Revenue | 6.04B |
| Gross Profit | 1.30B |
| Operating Income | 660.60M |
| Pretax Income | 703.03M |
| Net Income | 541.63M |
| EBITDA | 685.80M |
| EBIT | 660.60M |
| Earnings Per Share (EPS) | $7.50 |
Full Income StatementBalance Sheet
The company has $728.94 million in cash and $1.89 billion in debt, giving a net cash position of -$1.16 billion or -$16.50 per share.
| Cash & Cash Equivalents | 728.94M |
| Total Debt | 1.89B |
| Net Cash | -1.16B |
| Net Cash Per Share | -$16.50 |
| Equity (Book Value) | 5.29B |
| Book Value Per Share | 75.10 |
| Working Capital | 6.96B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$224.95 million and capital expenditures -$27.63 million, giving a free cash flow of -$252.58 million.
| Operating Cash Flow | -224.95M |
| Capital Expenditures | -27.63M |
| Free Cash Flow | -252.58M |
| FCF Per Share | -$3.59 |
Full Cash Flow StatementMargins
Gross margin is 21.52%, with operating and profit margins of 10.93% and 8.96%.
| Gross Margin | 21.52% |
| Operating Margin | 10.93% |
| Pretax Margin | 11.63% |
| Profit Margin | 8.96% |
| EBITDA Margin | 11.35% |
| EBIT Margin | 10.93% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.72, which amounts to a dividend yield of 2.62%.
| Dividend Per Share | $1.72 |
| Dividend Yield | 2.62% |
| Dividend Growth (YoY) | 32.14% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 22.21% |
| Buyback Yield | 1.82% |
| Shareholder Yield | 4.43% |
| Earnings Yield | 11.71% |
| FCF Yield | -5.46% |
Dividend DetailsAnalyst Forecast
The average price target for Meritage Homes is $82.88, which is 26.13% higher than the current price. The consensus rating is "Buy".
| Price Target | $82.88 |
| Price Target Difference | 26.13% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside | |
Stock Splits
The last stock split was on January 3, 2025. It was a forward split with a ratio of 2:1.
| Last Split Date | Jan 3, 2025 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Meritage Homes has an Altman Z-Score of 4.43 and a Piotroski F-Score of 3.
| Altman Z-Score | 4.43 |
| Piotroski F-Score | 3 |
