Meritage Homes Statistics
Total Valuation
Meritage Homes has a market cap or net worth of $4.86 billion. The enterprise value is $5.94 billion.
| Market Cap | 4.86B |
| Enterprise Value | 5.94B |
Important Dates
The last earnings date was Wednesday, July 29, 2026, after market close.
| Earnings Date | Jul 29, 2026 |
| Ex-Dividend Date | Jun 16, 2026 |
Share Statistics
Meritage Homes has 65.17 million shares outstanding. The number of shares has decreased by -5.54% in one year.
| Current Share Class | 65.17M |
| Shares Outstanding | 65.17M |
| Shares Change (YoY) | -5.54% |
| Shares Change (QoQ) | -2.47% |
| Owned by Insiders (%) | 2.61% |
| Owned by Institutions (%) | 102.07% |
| Float | 63.46M |
Valuation Ratios
The trailing PE ratio is 15.58 and the forward PE ratio is 13.46. Meritage Homes's PEG ratio is 4.81.
| PE Ratio | 15.58 |
| Forward PE | 13.46 |
| PS Ratio | 0.89 |
| Forward PS | 0.86 |
| PB Ratio | 0.93 |
| P/TBV Ratio | 0.95 |
| P/FCF Ratio | 11.56 |
| P/OCF Ratio | 10.95 |
| PEG Ratio | 4.81 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.40, with an EV/FCF ratio of 14.21.
| EV / Earnings | 17.90 |
| EV / Sales | 1.09 |
| EV / EBITDA | 14.40 |
| EV / EBIT | 15.31 |
| EV / FCF | 14.21 |
Financial Position
The company has a current ratio of 14.35, with a Debt / Equity ratio of 0.38.
| Current Ratio | 14.35 |
| Quick Ratio | 2.18 |
| Debt / Equity | 0.38 |
| Debt / EBITDA | 4.66 |
| Debt / FCF | 4.60 |
| Interest Coverage | 138.80 |
Financial Efficiency
Return on equity (ROE) is 6.38% and return on invested capital (ROIC) is 5.13%.
| Return on Equity (ROE) | 6.38% |
| Return on Assets (ROA) | 3.35% |
| Return on Invested Capital (ROIC) | 5.13% |
| Return on Capital Employed (ROCE) | 5.47% |
| Weighted Average Cost of Capital (WACC) | 8.43% |
| Revenue Per Employee | $2.90M |
| Profits Per Employee | $177,025 |
| Employee Count | 1,860 |
| Asset Turnover | 0.70 |
| Inventory Turnover | 0.74 |
Taxes
In the past 12 months, Meritage Homes has paid $95.20 million in taxes.
| Income Tax | 95.20M |
| Effective Tax Rate | 22.43% |
Stock Price Statistics
The stock price has increased by +3.73% in the last 52 weeks. The beta is 1.36, so Meritage Homes's price volatility has been higher than the market average.
| Beta (5Y) | 1.36 |
| 52-Week Price Change | +3.73% |
| 50-Day Moving Average | 74.07 |
| 200-Day Moving Average | 70.01 |
| Relative Strength Index (RSI) | 52.60 |
| Average Volume (20 Days) | 903,027 |
Short Selling Information
The latest short interest is 3.36 million, so 5.16% of the outstanding shares have been sold short.
| Short Interest | 3.36M |
| Short Previous Month | 3.56M |
| Short % of Shares Out | 5.16% |
| Short % of Float | 5.30% |
| Short Ratio (days to cover) | 3.34 |
Income Statement
In the last 12 months, Meritage Homes had revenue of $5.39 billion and earned $329.27 million in profits. Earnings per share was $4.80.
| Revenue | 5.39B |
| Gross Profit | 985.34M |
| Operating Income | 409.84M |
| Pretax Income | 424.47M |
| Net Income | 329.27M |
| EBITDA | 409.16M |
| EBIT | 385.04M |
| Earnings Per Share (EPS) | $4.80 |
Balance Sheet
The company has $807.27 million in cash and $1.91 billion in debt, with a net cash position of -$1.10 billion or -$16.88 per share.
| Cash & Cash Equivalents | 807.27M |
| Total Debt | 1.91B |
| Net Cash | -1.10B |
| Net Cash Per Share | -$16.88 |
| Equity (Book Value) | 5.06B |
| Book Value Per Share | 77.61 |
| Working Capital | 6.80B |
Cash Flow
In the last 12 months, operating cash flow was $437.94 million and capital expenditures -$23.24 million, giving a free cash flow of $414.71 million.
| Operating Cash Flow | 437.94M |
| Capital Expenditures | -23.24M |
| Depreciation & Amortization | 24.12M |
| Net Borrowing | -1.84M |
| Free Cash Flow | 414.71M |
| FCF Per Share | $6.36 |
Margins
Gross margin is 18.28%, with operating and profit margins of 7.60% and 6.11%.
| Gross Margin | 18.28% |
| Operating Margin | 7.60% |
| Pretax Margin | 7.87% |
| Profit Margin | 6.11% |
| EBITDA Margin | 7.59% |
| EBIT Margin | 7.14% |
| FCF Margin | 7.69% |
Dividends & Yields
This stock pays an annual dividend of $1.92, which amounts to a dividend yield of 2.57%.
| Dividend Per Share | $1.92 |
| Dividend Yield | 2.57% |
| Dividend Growth (YoY) | 13.04% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 40.03% |
| Buyback Yield | 5.54% |
| Shareholder Yield | 8.13% |
| Earnings Yield | 6.87% |
| FCF Yield | 8.65% |
Analyst Forecast
The average price target for Meritage Homes is $82.38, which is 10.40% higher than the current price. The consensus rating is "Buy".
| Price Target | $82.38 |
| Price Target Difference | 10.40% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (3Y) | 1.95% |
| EPS Growth Forecast (3Y) | 6.24% |
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 4.09 and a Piotroski F-Score of 5.
| Altman Z-Score | 4.09 |
| Piotroski F-Score | 5 |