Meritage Homes Statistics
Total Valuation
Meritage Homes has a market cap or net worth of $4.88 billion. The enterprise value is $5.66 billion.
Important Dates
The last earnings date was Wednesday, April 23, 2025, after market close.
| Earnings Date | Apr 23, 2025 |
| Ex-Dividend Date | Mar 17, 2025 |
Share Statistics
Meritage Homes has 71.83 million shares outstanding. The number of shares has decreased by -1.17% in one year.
| Current Share Class | 71.83M |
| Shares Outstanding | 71.83M |
| Shares Change (YoY) | -1.17% |
| Shares Change (QoQ) | -0.65% |
| Owned by Insiders (%) | 2.22% |
| Owned by Institutions (%) | 97.15% |
| Float | 70.20M |
Valuation Ratios
The trailing PE ratio is 6.87 and the forward PE ratio is 7.86.
| PE Ratio | 6.87 |
| Forward PE | 7.86 |
| PS Ratio | 0.79 |
| Forward PS | 0.71 |
| PB Ratio | 0.95 |
| P/TBV Ratio | 0.93 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 7.84 |
| EV / Sales | 0.90 |
| EV / EBITDA | 6.23 |
| EV / EBIT | 6.41 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 11.60, with a Debt / Equity ratio of 0.35.
| Current Ratio | 11.60 |
| Quick Ratio | 1.95 |
| Debt / Equity | 0.35 |
| Debt / EBITDA | 2.02 |
| Debt / FCF | n/a |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 14.58% and return on invested capital (ROIC) is 8.63%.
| Return on Equity (ROE) | 14.58% |
| Return on Assets (ROA) | 7.79% |
| Return on Invested Capital (ROIC) | 8.63% |
| Return on Capital Employed (ROCE) | 12.54% |
| Revenue Per Employee | $3.31M |
| Profits Per Employee | $380,915 |
| Employee Count | 1,898 |
| Asset Turnover | 0.89 |
| Inventory Turnover | 0.89 |
Taxes
In the past 12 months, Meritage Homes has paid $206.04 million in taxes.
| Income Tax | 206.04M |
| Effective Tax Rate | 22.18% |
Stock Price Statistics
The stock price has decreased by -12.15% in the last 52 weeks. The beta is 1.70, so Meritage Homes's price volatility has been higher than the market average.
| Beta (5Y) | 1.70 |
| 52-Week Price Change | -12.15% |
| 50-Day Moving Average | 70.50 |
| 200-Day Moving Average | 85.61 |
| Relative Strength Index (RSI) | 49.78 |
| Average Volume (20 Days) | 995,901 |
Short Selling Information
The latest short interest is 2.18 million, so 3.03% of the outstanding shares have been sold short.
| Short Interest | 2.18M |
| Short Previous Month | 3.00M |
| Short % of Shares Out | 3.03% |
| Short % of Float | 3.10% |
| Short Ratio (days to cover) | 2.14 |
Income Statement
In the last 12 months, Meritage Homes had revenue of $6.28 billion and earned $722.98 million in profits. Earnings per share was $9.89.
| Revenue | 6.28B |
| Gross Profit | 1.52B |
| Operating Income | 884.01M |
| Pretax Income | 1.08B |
| Net Income | 722.98M |
| EBITDA | 909.88M |
| EBIT | 884.01M |
| Earnings Per Share (EPS) | $9.89 |
Full Income StatementBalance Sheet
The company has $1.01 billion in cash and $1.84 billion in debt, giving a net cash position of -$823.62 million or -$11.47 per share.
| Cash & Cash Equivalents | 1.01B |
| Total Debt | 1.84B |
| Net Cash | -823.62M |
| Net Cash Per Share | -$11.47 |
| Equity (Book Value) | 5.19B |
| Book Value Per Share | 72.32 |
| Working Capital | 6.92B |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$352.08 million and capital expenditures -$27.99 million, giving a free cash flow of -$380.07 million.
| Operating Cash Flow | -352.08M |
| Capital Expenditures | -27.99M |
| Free Cash Flow | -380.07M |
| FCF Per Share | -$5.29 |
Full Cash Flow StatementMargins
Gross margin is 24.24%, with operating and profit margins of 14.07% and 11.50%.
| Gross Margin | 24.24% |
| Operating Margin | 14.07% |
| Pretax Margin | 14.78% |
| Profit Margin | 11.50% |
| EBITDA Margin | 14.48% |
| EBIT Margin | 14.07% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.72, which amounts to a dividend yield of 2.53%.
| Dividend Per Share | $1.72 |
| Dividend Yield | 2.53% |
| Dividend Growth (YoY) | 169.26% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 17.40% |
| Buyback Yield | 1.17% |
| Shareholder Yield | 3.72% |
| Earnings Yield | 14.93% |
| FCF Yield | -7.85% |
Dividend DetailsAnalyst Forecast
The average price target for Meritage Homes is $72.50, which is 6.70% higher than the current price. The consensus rating is "Buy".
| Price Target | $72.50 |
| Price Target Difference | 6.70% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 4.7 and a Piotroski F-Score of 3.
| Altman Z-Score | 4.7 |
| Piotroski F-Score | 3 |