Meritage Homes Statistics
Total Valuation
Meritage Homes has a market cap or net worth of $4.21 billion. The enterprise value is $5.33 billion.
| Market Cap | 4.21B |
| Enterprise Value | 5.33B |
Important Dates
The next confirmed earnings date is Wednesday, April 22, 2026, after market close.
| Earnings Date | Apr 22, 2026 |
| Ex-Dividend Date | Mar 17, 2026 |
Share Statistics
Meritage Homes has 66.80 million shares outstanding. The number of shares has decreased by -2.71% in one year.
| Current Share Class | 66.80M |
| Shares Outstanding | 66.80M |
| Shares Change (YoY) | -2.71% |
| Shares Change (QoQ) | -1.95% |
| Owned by Insiders (%) | 2.61% |
| Owned by Institutions (%) | 104.83% |
| Float | 65.04M |
Valuation Ratios
The trailing PE ratio is 9.93 and the forward PE ratio is 10.71. Meritage Homes's PEG ratio is 1.10.
| PE Ratio | 9.93 |
| Forward PE | 10.71 |
| PS Ratio | 0.72 |
| Forward PS | 0.70 |
| PB Ratio | 0.83 |
| P/TBV Ratio | 0.82 |
| P/FCF Ratio | 45.52 |
| P/OCF Ratio | 35.62 |
| PEG Ratio | 1.10 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.08, with an EV/FCF ratio of 57.56.
| EV / Earnings | 11.76 |
| EV / Sales | 0.91 |
| EV / EBITDA | 9.08 |
| EV / EBIT | 9.49 |
| EV / FCF | 57.56 |
Financial Position
The company has a current ratio of 13.69, with a Debt / Equity ratio of 0.36.
| Current Ratio | 13.69 |
| Quick Ratio | 2.01 |
| Debt / Equity | 0.36 |
| Debt / EBITDA | 3.13 |
| Debt / FCF | 20.41 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 8.76% and return on invested capital (ROIC) is 6.82%.
| Return on Equity (ROE) | 8.76% |
| Return on Assets (ROA) | 4.75% |
| Return on Invested Capital (ROIC) | 6.82% |
| Return on Capital Employed (ROCE) | 7.92% |
| Weighted Average Cost of Capital (WACC) | 8.45% |
| Revenue Per Employee | $3.15M |
| Profits Per Employee | $243,555 |
| Employee Count | 1,860 |
| Asset Turnover | 0.79 |
| Inventory Turnover | 0.80 |
Taxes
In the past 12 months, Meritage Homes has paid $131.59 million in taxes.
| Income Tax | 131.59M |
| Effective Tax Rate | 22.51% |
Stock Price Statistics
The stock price has decreased by -12.58% 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 | -12.58% |
| 50-Day Moving Average | 72.85 |
| 200-Day Moving Average | 71.30 |
| Relative Strength Index (RSI) | 25.66 |
| Average Volume (20 Days) | 846,898 |
Short Selling Information
The latest short interest is 3.35 million, so 5.01% of the outstanding shares have been sold short.
| Short Interest | 3.35M |
| Short Previous Month | 2.94M |
| Short % of Shares Out | 5.01% |
| Short % of Float | 5.14% |
| Short Ratio (days to cover) | 3.18 |
Income Statement
In the last 12 months, Meritage Homes had revenue of $5.86 billion and earned $453.01 million in profits. Earnings per share was $6.35.
| Revenue | 5.86B |
| Gross Profit | 1.18B |
| Operating Income | 561.28M |
| Pretax Income | 584.60M |
| Net Income | 453.01M |
| EBITDA | 586.57M |
| EBIT | 561.28M |
| Earnings Per Share (EPS) | $6.35 |
Balance Sheet
The company has $775.16 million in cash and $1.89 billion in debt, with a net cash position of -$1.11 billion or -$16.68 per share.
| Cash & Cash Equivalents | 775.16M |
| Total Debt | 1.89B |
| Net Cash | -1.11B |
| Net Cash Per Share | -$16.68 |
| Equity (Book Value) | 5.20B |
| Book Value Per Share | 76.22 |
| Working Capital | 6.83B |
Cash Flow
In the last 12 months, operating cash flow was $118.29 million and capital expenditures -$25.72 million, giving a free cash flow of $92.57 million.
| Operating Cash Flow | 118.29M |
| Capital Expenditures | -25.72M |
| Free Cash Flow | 92.57M |
| FCF Per Share | $1.39 |
Margins
Gross margin is 20.10%, with operating and profit margins of 9.58% and 7.73%.
| Gross Margin | 20.10% |
| Operating Margin | 9.58% |
| Pretax Margin | 9.98% |
| Profit Margin | 7.73% |
| EBITDA Margin | 10.01% |
| EBIT Margin | 9.58% |
| FCF Margin | 1.58% |
Dividends & Yields
This stock pays an annual dividend of $1.92, which amounts to a dividend yield of 3.04%.
| Dividend Per Share | $1.92 |
| Dividend Yield | 3.04% |
| Dividend Growth (YoY) | 13.83% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 27.87% |
| Buyback Yield | 2.71% |
| Shareholder Yield | 5.76% |
| Earnings Yield | 10.75% |
| FCF Yield | 2.20% |
Analyst Forecast
The average price target for Meritage Homes is $84.38, which is 33.77% higher than the current price. The consensus rating is "Buy".
| Price Target | $84.38 |
| Price Target Difference | 33.77% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Fair 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 4.3 and a Piotroski F-Score of 4.
| Altman Z-Score | 4.3 |
| Piotroski F-Score | 4 |