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-Q - Q3 2024 - Oct 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 39.6 % -8.25%
Return On Equity 16.9 % -12.2%
Return On Assets 12.1 % -9.98%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 36.2M shares -0.74%
Common Stock, Shares, Outstanding 36.2M shares -0.74%
Entity Public Float 5.1B USD +88.9%
Common Stock, Value, Issued 362K USD -0.55%
Weighted Average Number of Shares Outstanding, Basic 36.2M shares -1.03%
Weighted Average Number of Shares Outstanding, Diluted 36.7M shares -1.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.41B USD +10.6%
Selling and Marketing Expense 411M USD +5.93%
General and Administrative Expense 232M USD +5.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.04B USD +0.71%
Income Tax Expense (Benefit) 228M USD -1.2%
Net Income (Loss) Attributable to Parent 812M USD +1.26%
Earnings Per Share, Basic 22.4 USD/shares +2.15%
Earnings Per Share, Diluted 22.1 USD/shares +2.22%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 832M USD -20.7%
Deferred Income Tax Assets, Net 51.1M USD +11.4%
Property, Plant and Equipment, Net 47.2M USD -7.07%
Operating Lease, Right-of-Use Asset 54.6M USD +10.1%
Goodwill 33M USD 0%
Assets 7.1B USD +14.9%
Deferred Income Tax Liabilities, Net 8M USD
Liabilities 2.07B USD +17.8%
Retained Earnings (Accumulated Deficit) 4.85B USD +17.4%
Stockholders' Equity Attributable to Parent 5.03B USD +13.8%
Liabilities and Equity 7.1B USD +14.9%

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 36.2M shares -0.74%
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 832M USD -20.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 12.8M USD -13.3%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 61.4M USD +9%
Operating Lease, Liability 57.3M USD +9.45%
Payments to Acquire Property, Plant, and Equipment 6.26M USD -29.7%
Lessee, Operating Lease, Liability, to be Paid 63.3M USD +152%
Property, Plant and Equipment, Gross 123M USD -0.43%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8.69M USD +58.1%
Lessee, Operating Lease, Liability, to be Paid, Year One 9.52M USD +17.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure -22.5%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9.31M USD +300%
Lessee, Operating Lease, Liability, to be Paid, Year Three 7.4M USD +75.3%
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 6.43M USD +126%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 6.04M USD +15.9%
Share-based Payment Arrangement, Expense 25.3M USD +14.9%
Interest Expense 0 USD
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%