MTH
Meritage Homes Corporation
Price Chart
Latest Quote
$69.43
-1.63 (-2.29%)
Current Price
| Previous Close | $71.06 |
| Open | $70.03 |
| Day High | $70.40 |
| Day Low | $69.38 |
| Volume | 420,085 |
Stock Information
| Quarterly Dividend / Yield | $1.92 / 2.70% |
| Shares Outstanding | 65.17M |
| Quarterly Dividend Yield | 2.70% |
| Quarterly Dividend | $1.92 |
| Total Debt | $1.91B |
| Cash Equivalents | $807.27M |
| Revenue | $5.39B |
| Net Income | $329.27M |
| Sector | Consumer Cyclical |
| Industry | Residential Construction |
| Market Cap | $4.53B |
| P/E Ratio | 14.80 |
| EPS (TTM) | $4.69 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $5.62B |
| Sales | $5.39B |
| Income | $329.27M |
| Book/sh | $77.61 |
| Cash/sh | $12.39 |
| Employees | 2K |
Financial Ratios
| Quick Ratio | 2.18 |
| Current Ratio | 14.36 |
| Debt/Eq | 37.71 |
| EPS Growth TTM | -38.30% |
Returns & Margins
| ROA | 3.35% |
| ROE | 6.38% |
| Gross Margin | 18.28% |
| Operating Margin | 8.19% |
| Profit Margin | 6.11% |
Ownership
| Insider Ownership | 2.60% |
| Institutional Ownership | 106.08% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 11.38 |
| PEG | 0.54 |
| P/S | 0.84 |
| P/B | 0.89 |
Analyst Data
| Recommendation | buy |
| Target Price | $82.38 |
Technical Indicators
| SMA20 | $72.60 |
| SMA50 | $74.75 |
| SMA200 | $69.68 |
| RSI | 43.49 |
| ATR | 2.0086 |
| Shares Float | 63.46M |
| Short Float | 10.16% |
| Short Ratio | 5.20 |
| Volatility | 1.36 |
| Rel Volume | 0.64 |
Performance History
| Week | -3.14% |
| Month | -1.95% |
| Quarter | +7.13% |
| 6 Months | -6.63% |
| YTD | +6.32% |
| Year | -8.49% |
| 3 Years | +6.95% |
| 5 Years | +35.80% |
| 10 Years | +315.43% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-08-31 | $69.43 | 421,600 |
| 2026-08-27 | $70.53 | 633,400 |
| 2026-08-26 | $72.23 | 481,800 |
| 2026-08-25 | $73.44 | 524,000 |
| 2026-08-24 | $72.52 | 581,300 |
| 2026-08-21 | $71.68 | 469,100 |
| 2026-08-20 | $71.05 | 599,600 |
| 2026-08-19 | $74.19 | 750,400 |
| 2026-08-18 | $70.68 | 476,700 |
| 2026-08-17 | $72.23 | 465,600 |
| 2026-08-14 | $73.08 | 495,400 |
| 2026-08-13 | $73.62 | 518,600 |
| 2026-08-12 | $72.89 | 964,500 |
| 2026-08-11 | $73.82 | 684,500 |
| 2026-08-10 | $71.97 | 543,800 |
| 2026-08-07 | $74.59 | 934,700 |
| 2026-08-06 | $72.26 | 539,700 |
| 2026-08-05 | $74.94 | 826,100 |
| 2026-08-04 | $74.53 | 916,000 |
| 2026-08-03 | $72.30 | 1,266,700 |
About Meritage Homes Corporation
Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family attached and detached homes in the United States. The company operates through two segments: Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for entry-level and first move-up buyers in Arizona, California, Colorado, Utah, Texas, Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, and Tennessee. The company also provides title and escrow, mortgage, insurance, title insurance, and closing/settlement services to its homebuyers. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.
đ° Latest News
Q2 Rundown: Meritage Homes (NYSE:MTH) Vs Other Home Builders Stocks
StockStory âĸ 2026-08-28T22:40:52Z
Meritage (MTH) Down 0.4% Since Last Earnings Report: Can It Rebound?
Zacks âĸ 2026-08-28T15:30:14Z
Toll Brothers Grew Its Earnings Per Share Without Growing Earnings
Trefis âĸ 2026-08-27T17:12:44Z
2 Cash-Producing Stocks to Consider Right Now and 1 We Find Risky
StockStory âĸ 2026-08-24T06:57:36Z
KB Home, Meritage Homes, and LGI Homes Shares Plummet, What You Need To Know
StockStory âĸ 2026-08-20T22:03:15Z
Meritage Homes (MTH) Could Be 7% Undervalued Following Softer Q2 And Lower Outlook
Simply Wall St. âĸ 2026-08-09T07:17:17Z
Meritage Homes (MTH) Q2 2026 Earnings Call Transcript
Motley Fool âĸ 2026-08-08T01:00:30Z
Dream Finders to Acquire Rival Homebuilder Beazer in $2.2 Billion Deal
MT Newswires âĸ 2026-08-07T17:55:36Z
Meritage Homes Q2 Earnings Call Highlights
MarketBeat âĸ 2026-07-31T21:03:56Z
MTH Q2 Deep Dive: Margin Discipline and Strategic Product Shift Amid Soft Demand
StockStory âĸ 2026-07-31T09:27:35Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $4,703,993,000 | $4,794,669,000 | $4,618,585,000 | $4,495,259,000 |
| Cost Of Revenue | $4,703,993,000 | $4,794,669,000 | $4,618,585,000 | $4,495,259,000 |
| Total Revenue | $5,860,615,000 | $6,392,939,000 | $6,137,607,000 | $6,298,154,000 |
| Operating Revenue | $5,857,637,000 | $6,395,035,000 | $6,138,263,000 | $6,292,203,000 |
| Expenses | ||||
| Interest Expense | $0 | $0 | $0 | $41,000 |
| Total Expenses | $5,320,160,000 | $5,434,594,000 | $5,235,218,000 | $5,011,509,000 |
| Other Income Expense | $44,145,000 | $44,525,000 | $47,041,000 | $2,714,000 |
| Other Non Operating Income Expenses | $44,145,000 | $45,156,000 | $47,948,000 | $2,714,000 |
| Net Non Operating Interest Income Expense | $0 | $0 | $0 | $-41,000 |
| Interest Expense Non Operating | $0 | $0 | $0 | $41,000 |
| Operating Expense | $616,167,000 | $639,925,000 | $616,633,000 | $516,250,000 |
| Selling And Marketing Expense | $404,405,000 | $409,069,000 | $384,911,000 | $323,266,000 |
| General And Administrative Expense | $211,762,000 | $230,856,000 | $231,722,000 | $192,984,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $453,013,000 | $786,186,000 | $738,748,000 | $992,192,000 |
| Net Interest Income | $0 | $0 | $0 | $-41,000 |
| Normalized Income | $453,013,000 | $786,680,664 | $739,453,733 | $992,192,000 |
| Net Income From Continuing And Discontinued Operation | $453,013,000 | $786,186,000 | $738,748,000 | $992,192,000 |
| Net Income Common Stockholders | $453,013,000 | $786,186,000 | $738,748,000 | $992,192,000 |
| Net Income | $453,013,000 | $786,186,000 | $738,748,000 | $992,192,000 |
| Net Income Including Noncontrolling Interests | $453,013,000 | $786,186,000 | $738,748,000 | $992,192,000 |
| Net Income Continuous Operations | $453,013,000 | $786,186,000 | $738,748,000 | $992,192,000 |
| Pretax Income | $584,600,000 | $1,002,870,000 | $949,430,000 | $1,289,318,000 |
| Special Income Charges | $0 | $-631,000 | $-907,000 | $0 |
| Operating Income | $540,455,000 | $958,345,000 | $902,389,000 | $1,286,645,000 |
| Gross Profit | $1,156,622,000 | $1,598,270,000 | $1,519,022,000 | $1,802,895,000 |
| Per Share | ||||
| Diluted EPS | $6.35 | $10.72 | $9.96 | $13.37 |
| Basic EPS | $6.40 | $10.85 | $10.09 | $13.52 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $-136,336 | $-201,267 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $609,885,000 | $1,029,460,000 | $975,671,000 | $1,314,107,000 |
| Total Unusual Items | $0 | $-631,000 | $-907,000 | $0 |
| Total Unusual Items Excluding Goodwill | $0 | $-631,000 | $-907,000 | $0 |
| Reconciled Depreciation | $25,285,000 | $25,959,000 | $25,334,000 | $24,748,000 |
| EBITDA (Bullshit earnings) | $609,885,000 | $1,028,829,000 | $974,764,000 | $1,314,107,000 |
| EBIT | $584,600,000 | $1,002,870,000 | $949,430,000 | $1,289,359,000 |
| Diluted Average Shares | $71,348,000 | $73,332,000 | $74,138,000 | $74,202,000 |
| Basic Average Shares | $70,819,000 | $72,476,000 | $73,238,000 | $73,388,000 |
| Diluted NI Availto Com Stockholders | $453,013,000 | $786,186,000 | $738,748,000 | $992,192,000 |
| Tax Provision | $131,587,000 | $216,684,000 | $210,682,000 | $297,126,000 |
| Selling General And Administration | $616,167,000 | $639,925,000 | $616,633,000 | $516,250,000 |
| Other Gand A | $211,762,000 | $230,856,000 | $231,722,000 | $192,984,000 |
| Other Special Charges | - | $631,000 | $907,000 | - |
Fetched: 2026-08-24
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $5,195,643,000 | $5,141,573,000 | $4,611,900,000 | $3,949,611,000 |
| Total Assets | $7,622,287,000 | $7,162,654,000 | $6,353,134,000 | $5,772,101,000 |
| Total Non Current Assets | $378,884,000 | $333,637,000 | $332,280,000 | $260,529,000 |
| Other Non Current Assets | $221,676,000 | $203,093,000 | $218,584,000 | $164,689,000 |
| Non Current Deferred Assets | $53,293,000 | $54,524,000 | $47,573,000 | $45,452,000 |
| Non Current Deferred Taxes Assets | $53,293,000 | $54,524,000 | $47,573,000 | $45,452,000 |
| Current Assets | $7,243,403,000 | $6,829,017,000 | $6,020,854,000 | $5,511,572,000 |
| Prepaid Assets | $174,170,000 | $192,405,000 | $111,364,000 | $76,729,000 |
| Inventory | $5,987,120,000 | $5,728,775,000 | $4,721,291,000 | $4,358,263,000 |
| Receivables | $306,956,000 | $256,282,000 | $266,972,000 | $215,019,000 |
| Other Receivables | $306,956,000 | $256,282,000 | $266,972,000 | $215,019,000 |
| Cash Cash Equivalents And Short Term Investments | $775,157,000 | $651,555,000 | $921,227,000 | $861,561,000 |
| Cash And Cash Equivalents | $775,157,000 | $651,555,000 | $921,227,000 | $861,561,000 |
| Non Current Prepaid Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $1,053,897,000 | $684,323,000 | $86,988,000 | $289,086,000 |
| Total Debt | $1,889,524,000 | $1,391,703,000 | $1,062,255,000 | $1,173,429,000 |
| Long Term Debt And Capital Lease Obligation | $1,889,524,000 | $1,391,703,000 | $1,062,255,000 | $1,173,429,000 |
| Long Term Debt | $1,829,054,000 | $1,335,878,000 | $1,008,215,000 | $1,150,647,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $2,426,644,000 | $2,021,081,000 | $1,741,234,000 | $1,822,490,000 |
| Total Non Current Liabilities Net Minority Interest | $1,916,201,000 | $1,424,396,000 | $1,099,615,000 | $1,209,004,000 |
| Current Liabilities | $510,443,000 | $596,685,000 | $641,619,000 | $613,486,000 |
| Current Deferred Liabilities | $9,213,000 | $20,513,000 | $36,605,000 | $37,961,000 |
| Payables And Accrued Expenses | $501,230,000 | $576,172,000 | $605,014,000 | $575,525,000 |
| Interest Payable | $14,619,000 | $6,290,000 | $6,331,000 | $7,026,000 |
| Payables | $214,884,000 | $236,955,000 | $297,219,000 | $298,449,000 |
| Total Tax Payable | $14,205,000 | $24,478,000 | $25,569,000 | $25,182,000 |
| Accounts Payable | $200,679,000 | $212,477,000 | $271,650,000 | $273,267,000 |
| Other Non Current Liabilities | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $5,195,643,000 | $5,141,573,000 | $4,611,900,000 | $3,949,611,000 |
| Total Equity Gross Minority Interest | $5,195,643,000 | $5,141,573,000 | $4,611,900,000 | $3,949,611,000 |
| Stockholders Equity | $5,195,643,000 | $5,141,573,000 | $4,611,900,000 | $3,949,611,000 |
| Retained Earnings | $5,194,961,000 | $4,998,177,000 | $4,320,581,000 | $3,621,367,000 |
| Long Term Equity Investment | $57,268,000 | $28,735,000 | $17,170,000 | $11,753,000 |
| Other | ||||
| Ordinary Shares Number | $68,168,923 | $71,921,972 | $72,850,074 | $73,142,786 |
| Share Issued | $68,168,923 | $71,921,972 | $72,850,074 | $73,142,786 |
| Tangible Book Value | $5,195,643,000 | $5,141,573,000 | $4,611,900,000 | $3,949,611,000 |
| Invested Capital | $7,024,697,000 | $6,477,451,000 | $5,620,115,000 | $5,100,258,000 |
| Working Capital | $6,732,960,000 | $6,232,332,000 | $5,379,235,000 | $4,898,086,000 |
| Capital Lease Obligations | $60,470,000 | $55,825,000 | $54,040,000 | $22,782,000 |
| Total Capitalization | $7,024,697,000 | $6,477,451,000 | $5,620,115,000 | $5,100,258,000 |
| Additional Paid In Capital | $0 | $143,036,000 | $290,955,000 | $327,878,000 |
| Capital Stock | $682,000 | $360,000 | $364,000 | $366,000 |
| Common Stock | $682,000 | $360,000 | $364,000 | $366,000 |
| Preferred Stock | $0 | $0 | $0 | $0 |
| Long Term Capital Lease Obligation | $60,470,000 | $55,825,000 | $54,040,000 | $22,782,000 |
| Long Term Provisions | $26,677,000 | $32,693,000 | $37,360,000 | $35,575,000 |
| Current Deferred Revenue | $9,213,000 | $20,513,000 | $36,605,000 | $37,961,000 |
| Line Of Credit | $0 | $0 | $0 | $0 |
| Current Accrued Expenses | $286,346,000 | $339,217,000 | $307,795,000 | $277,076,000 |
| Investments And Advances | $57,268,000 | $28,735,000 | $17,170,000 | $11,753,000 |
| Net PPE | $46,647,000 | $47,285,000 | $48,953,000 | $38,635,000 |
| Accumulated Depreciation | $-76,150,000 | $-69,297,000 | $-73,772,000 | $-84,621,000 |
| Gross PPE | $122,797,000 | $116,582,000 | $122,725,000 | $123,256,000 |
| Machinery Furniture Equipment | $122,797,000 | $116,582,000 | $122,725,000 | $123,256,000 |
| Finished Goods | $5,987,120,000 | $5,728,775,000 | $4,721,291,000 | $4,358,263,000 |
| Investment Properties | - | - | - | $0 |
Fetched: 2026-08-24
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $92,566,000 | $-256,234,000 | $317,380,000 | $378,299,000 |
| Operating Activities | ||||
| Operating Cash Flow | $118,288,000 | $-227,576,000 | $355,572,000 | $405,270,000 |
| Cash Flow From Continuing Operating Activities | $118,288,000 | $-227,576,000 | $355,572,000 | $405,270,000 |
| Operating Gains Losses | $-3,973,000 | $-8,594,000 | $-5,464,000 | $-6,093,000 |
| Investing Activities | ||||
| Capital Expenditure | $-25,722,000 | $-28,658,000 | $-38,192,000 | $-26,971,000 |
| Investing Cash Flow | $-57,699,000 | $-44,074,000 | $-43,623,000 | $-32,286,000 |
| Cash Flow From Continuing Investing Activities | $-57,699,000 | $-44,074,000 | $-43,623,000 | $-32,286,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-294,999,000 | $-125,932,000 | $-59,067,000 | $-109,303,000 |
| Financing Cash Flow | $63,013,000 | $1,978,000 | $-252,283,000 | $-129,758,000 |
| Cash Flow From Continuing Financing Activities | $63,013,000 | $1,978,000 | $-252,283,000 | $-129,758,000 |
| Net Other Financing Charges | $-5,106,000 | $-17,082,000 | - | - |
| Cash Dividends Paid | $-121,072,000 | $-108,590,000 | $-39,534,000 | $0 |
| Common Stock Dividend Paid | $-121,072,000 | $-108,590,000 | $-39,534,000 | $0 |
| Net Common Stock Issuance | $-294,999,000 | $-125,932,000 | $-59,067,000 | $-109,303,000 |
| Dividends Received Cfi | $500,000 | $2,867,000 | $137,000 | $0 |
| Dividend Received Cfo | $4,143,000 | $7,461,000 | $6,792,000 | $5,900,000 |
| Other | ||||
| Repayment Of Debt | $-13,005,000 | $-321,418,000 | $-153,682,000 | $-20,455,000 |
| Issuance Of Debt | $497,195,000 | $575,000,000 | $0 | $0 |
| Interest Paid Supplemental Data | $15,702,000 | $5,506,000 | $1,454,000 | $2,279,000 |
| Income Tax Paid Supplemental Data | $154,230,000 | $208,516,000 | $212,093,000 | $311,725,000 |
| End Cash Position | $775,157,000 | $651,555,000 | $921,227,000 | $861,561,000 |
| Beginning Cash Position | $651,555,000 | $921,227,000 | $861,561,000 | $618,335,000 |
| Changes In Cash | $123,602,000 | $-269,672,000 | $59,666,000 | $243,226,000 |
| Common Stock Payments | $-294,999,000 | $-125,932,000 | $-59,067,000 | $-109,303,000 |
| Net Issuance Payments Of Debt | $484,190,000 | $253,582,000 | $-153,682,000 | $-20,455,000 |
| Net Long Term Debt Issuance | $484,190,000 | $253,582,000 | $-153,682,000 | $-20,455,000 |
| Long Term Debt Payments | $-13,005,000 | $-321,418,000 | $-153,682,000 | $-20,455,000 |
| Long Term Debt Issuance | $497,195,000 | $575,000,000 | $0 | $0 |
| Net Investment Purchase And Sale | $0 | $0 | $0 | $0 |
| Sale Of Investment | $1,750,000 | $750,000 | $750,000 | $1,032,000 |
| Purchase Of Investment | $-1,750,000 | $-750,000 | $-750,000 | $-1,032,000 |
| Net Business Purchase And Sale | $-32,728,000 | $-18,545,000 | $-5,991,000 | $-5,796,000 |
| Purchase Of Business | $-32,728,000 | $-18,545,000 | $-5,991,000 | $-5,796,000 |
| Net PPE Purchase And Sale | $-25,471,000 | $-28,396,000 | $-37,769,000 | $-26,490,000 |
| Sale Of PPE | $251,000 | $262,000 | $423,000 | $481,000 |
| Purchase Of PPE | $-25,722,000 | $-28,658,000 | $-38,192,000 | $-26,971,000 |
| Change In Working Capital | $-438,695,000 | $-1,078,857,000 | $-436,464,000 | $-644,673,000 |
| Change In Payables And Accrued Expense | $-92,370,000 | $-41,933,000 | $22,609,000 | $76,985,000 |
| Change In Prepaid Assets | $-17,008,000 | $-97,446,000 | $-37,496,000 | $5,814,000 |
| Change In Inventory | $-274,052,000 | $-979,254,000 | $-357,408,000 | $-624,522,000 |
| Change In Receivables | $-55,265,000 | $39,776,000 | $-64,169,000 | $-102,950,000 |
| Changes In Account Receivables | $-55,265,000 | $39,776,000 | $-64,169,000 | $-102,950,000 |
| Other Non Cash Items | $1,332,000 | $7,758,000 | $-2,158,000 | $10,863,000 |
| Stock Based Compensation | $19,683,000 | $25,809,000 | $22,511,000 | $22,333,000 |
| Asset Impairment Charge | $57,500,000 | $6,702,000 | $6,273,000 | - |
| Depreciation Amortization Depletion | $25,285,000 | $25,959,000 | $25,334,000 | $24,748,000 |
| Depreciation And Amortization | $25,285,000 | $25,959,000 | $25,334,000 | $24,748,000 |
| Earnings Losses From Equity Investments | $-3,973,000 | $-9,225,000 | $-6,371,000 | $-6,093,000 |
| Net Income From Continuing Operations | $453,013,000 | $786,186,000 | $738,748,000 | $992,192,000 |
| Change In Other Current Assets | - | - | - | $-624,522,000 |
Fetched: 2026-08-24