Meritage Homes Statistics
Total Valuation
Meritage Homes has a market cap or net worth of $4.66 billion. The enterprise value is $5.74 billion.
| Market Cap | 4.66B |
| Enterprise Value | 5.74B |
Important Dates
The last earnings date was Wednesday, April 22, 2026, after market close.
| Earnings Date | Apr 22, 2026 |
| Ex-Dividend Date | Mar 17, 2026 |
Share Statistics
Meritage Homes has 66.70 million shares outstanding. The number of shares has decreased by -4.06% in one year.
| Current Share Class | 66.70M |
| Shares Outstanding | 66.70M |
| Shares Change (YoY) | -4.06% |
| Shares Change (QoQ) | -2.85% |
| Owned by Insiders (%) | 2.62% |
| Owned by Institutions (%) | 105.06% |
| Float | 64.94M |
Valuation Ratios
The trailing PE ratio is 12.70 and the forward PE ratio is 11.44. Meritage Homes's PEG ratio is 1.49.
| PE Ratio | 12.70 |
| Forward PE | 11.44 |
| PS Ratio | 0.83 |
| Forward PS | 0.79 |
| PB Ratio | 0.92 |
| P/TBV Ratio | 0.92 |
| P/FCF Ratio | 19.61 |
| P/OCF Ratio | 17.78 |
| PEG Ratio | 1.49 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 11.44, with an EV/FCF ratio of 24.13.
| EV / Earnings | 14.88 |
| EV / Sales | 1.02 |
| EV / EBITDA | 11.44 |
| EV / EBIT | 12.03 |
| EV / FCF | 24.13 |
Financial Position
The company has a current ratio of 12.15, with a Debt / Equity ratio of 0.36.
| Current Ratio | 12.15 |
| Quick Ratio | 1.72 |
| Debt / Equity | 0.36 |
| Debt / EBITDA | 3.67 |
| Debt / FCF | 7.75 |
| Interest Coverage | 812.22 |
Financial Efficiency
Return on equity (ROE) is 7.49% and return on invested capital (ROIC) is 5.93%.
| Return on Equity (ROE) | 7.49% |
| Return on Assets (ROA) | 3.91% |
| Return on Invested Capital (ROIC) | 5.93% |
| Return on Capital Employed (ROCE) | 6.86% |
| Weighted Average Cost of Capital (WACC) | 9.00% |
| Revenue Per Employee | $3.02M |
| Profits Per Employee | $207,267 |
| Employee Count | 1,860 |
| Asset Turnover | 0.74 |
| Inventory Turnover | 0.77 |
Taxes
In the past 12 months, Meritage Homes has paid $111.45 million in taxes.
| Income Tax | 111.45M |
| Effective Tax Rate | 22.43% |
Stock Price Statistics
The stock price has increased by +2.55% in the last 52 weeks. The beta is 1.51, so Meritage Homes's price volatility has been higher than the market average.
| Beta (5Y) | 1.51 |
| 52-Week Price Change | +2.55% |
| 50-Day Moving Average | 67.97 |
| 200-Day Moving Average | 71.01 |
| Relative Strength Index (RSI) | 61.94 |
| Average Volume (20 Days) | 890,998 |
Short Selling Information
The latest short interest is 3.22 million, so 4.82% of the outstanding shares have been sold short.
| Short Interest | 3.22M |
| Short Previous Month | 3.35M |
| Short % of Shares Out | 4.82% |
| Short % of Float | 4.95% |
| Short Ratio (days to cover) | 3.00 |
Income Statement
In the last 12 months, Meritage Homes had revenue of $5.62 billion and earned $385.52 million in profits. Earnings per share was $5.50.
| Revenue | 5.62B |
| Gross Profit | 1.07B |
| Operating Income | 476.77M |
| Pretax Income | 496.97M |
| Net Income | 385.52M |
| EBITDA | 501.48M |
| EBIT | 476.77M |
| Earnings Per Share (EPS) | $5.50 |
Balance Sheet
The company has $766.63 million in cash and $1.84 billion in debt, with a net cash position of -$1.07 billion or -$16.11 per share.
| Cash & Cash Equivalents | 766.63M |
| Total Debt | 1.84B |
| Net Cash | -1.07B |
| Net Cash Per Share | -$16.11 |
| Equity (Book Value) | 5.09B |
| Book Value Per Share | 76.37 |
| Working Capital | 6.79B |
Cash Flow
In the last 12 months, operating cash flow was $262.17 million and capital expenditures -$24.44 million, giving a free cash flow of $237.74 million.
| Operating Cash Flow | 262.17M |
| Capital Expenditures | -24.44M |
| Depreciation & Amortization | 24.71M |
| Net Borrowing | -10.89M |
| Free Cash Flow | 237.74M |
| FCF Per Share | $3.56 |
Margins
Gross margin is 19.09%, with operating and profit margins of 8.49% and 6.86%.
| Gross Margin | 19.09% |
| Operating Margin | 8.49% |
| Pretax Margin | 8.85% |
| Profit Margin | 6.86% |
| EBITDA Margin | 8.93% |
| EBIT Margin | 8.49% |
| FCF Margin | 4.23% |
Dividends & Yields
This stock pays an annual dividend of $1.92, which amounts to a dividend yield of 2.75%.
| Dividend Per Share | $1.92 |
| Dividend Yield | 2.75% |
| Dividend Growth (YoY) | 13.83% |
| Years of Dividend Growth | 3 |
| Payout Ratio | 32.17% |
| Buyback Yield | 4.06% |
| Shareholder Yield | 6.85% |
| Earnings Yield | 8.27% |
| FCF Yield | 5.10% |
Analyst Forecast
The average price target for Meritage Homes is $80.88, which is 15.71% higher than the current price. The consensus rating is "Buy".
| Price Target | $80.88 |
| Price Target Difference | 15.71% |
| 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 4.18 and a Piotroski F-Score of 3.
| Altman Z-Score | 4.18 |
| Piotroski F-Score | 3 |