Meritage Homes CORP financial data

Symbol
MTH on NYSE
Industry
Operative Builders
Location
18655 North Claret Drive, Suite 400, Scottsdale, AZ
State of incorporation
MD
Fiscal year end
December 31
Former names
MERITAGE CORP (to 9/15/2004), MONTEREY HOMES CORP (to 7/9/1998), HOMEPLEX MORTGAGE INVESTMENTS CORP (to 5/8/1996)
Latest financial report
10-K - Q4 2024 - Feb 20, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 40 % -2.66%
Return On Equity 15.9 % -6.63%
Return On Assets 11.4 % -5.88%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 71.8M shares +98.4%
Common Stock, Shares, Outstanding 71.9M shares -1.27%
Entity Public Float 5.7B USD +11.8%
Common Stock, Value, Issued 360K USD -1.1%
Weighted Average Number of Shares Outstanding, Basic 72.5M shares -1.04%
Weighted Average Number of Shares Outstanding, Diluted 73.3M shares -1.09%

Income Statement

Label TTM Value / Value Unit Change %
Selling and Marketing Expense 409M USD +6.28%
General and Administrative Expense 231M USD -0.37%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1B USD +5.63%
Income Tax Expense (Benefit) 217M USD +2.85%
Net Income (Loss) Attributable to Parent 786M USD +6.42%
Earnings Per Share, Basic 10.9 USD/shares +7.53%
Earnings Per Share, Diluted 10.7 USD/shares +7.63%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 652M USD -29.3%
Deferred Income Tax Assets, Net 54.5M USD +14.6%
Property, Plant and Equipment, Net 47.3M USD -3.41%
Operating Lease, Right-of-Use Asset 52.9M USD +3.25%
Goodwill 33M USD 0%
Assets 7.16B USD +12.7%
Deferred Income Tax Liabilities, Net 8M USD
Liabilities 2.02B USD +16.1%
Retained Earnings (Accumulated Deficit) 5B USD +15.7%
Stockholders' Equity Attributable to Parent 5.14B USD +11.5%
Liabilities and Equity 7.16B USD +12.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 81.9M USD -34.2%
Net Cash Provided by (Used in) Financing Activities -90.1M USD -348%
Net Cash Provided by (Used in) Investing Activities -7.77M USD +11%
Common Stock, Shares Authorized 125M shares 0%
Common Stock, Shares, Issued 71.9M shares -1.27%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -15.9M USD -117%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 652M USD -29.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 12.8M USD -13.3%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 80.8M USD +31.8%
Operating Lease, Liability 55.8M USD +3.3%
Payments to Acquire Property, Plant, and Equipment 6.26M USD -29.7%
Lessee, Operating Lease, Liability, to be Paid 64.4M USD +1.71%
Property, Plant and Equipment, Gross 117M USD -5.01%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.69M USD -0.04%
Lessee, Operating Lease, Liability, to be Paid, Year One 9.51M USD -0.04%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.6M USD -7.55%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.16M USD +10.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 7.49M USD +16.5%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 6.04M USD +15.9%
Share-based Payment Arrangement, Expense 25.8M USD +14.7%
Interest Expense 0 USD
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%