meritage homes corp. - MTH

MTH

Close Chg Chg %
75.50 0.32 0.42%

Closed Market

75.82

+0.32 (0.42%)

Volume: 1.32M

Last Updated:

Feb 6, 2026, 3:59 PM EDT

Company Overview: meritage homes corp. - MTH

MTH Key Data

Open

$75.67

Day Range

74.36 - 76.97

52 Week Range

59.27 - 84.74

Market Cap

$5.31B

Shares Outstanding

70.41M

Public Float

68.62M

Beta

1.48

Rev. Per Employee

N/A

P/E Ratio

11.89

EPS

$6.38

Yield

227.84%

Dividend

$0.43

EX-DIVIDEND DATE

Dec 17, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

1.21M

 

MTH Performance

1 Week
 
9.21%
 
1 Month
 
0.61%
 
3 Months
 
13.30%
 
1 Year
 
2.91%
 
5 Years
 
74.51%
 

MTH Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 11
Full Ratings ➔

About meritage homes corp. - MTH

Meritage Homes Corp. engages in the design and construction of single-family attached and detached homes. It operates through the Homebuilding and Financial Services segments. The Homebuilding segment acquires and develops lands, constructs homes, markets and sells those homes, and provides warranty and customer services. The Financial Services segment offers title and escrows, mortgage, and insurance services. The company was founded by Steven J. Hilton and William W. Cleverly in 1985 and is headquartered in Scottsdale, AZ.

MTH At a Glance

Meritage Homes Corp.
18655 North Claret Drive
Scottsdale, Arizona 85255
Phone 1-480-515-8100 Revenue 5.86B
Industry Real Estate Development Net Income 453.01M
Sector Finance Employees N/A
Fiscal Year-end 12 / 2026
View SEC Filings

MTH Valuation

P/E Current 11.888
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 10.362
Price to Sales Ratio 0.801
Price to Book Ratio 0.863
Price to Cash Flow Ratio 39.69
Enterprise Value to EBITDA 10.215
Enterprise Value to Sales 0.981
Total Debt to Enterprise Value 0.318

MTH Efficiency

Revenue/Employee N/A
Income Per Employee N/A
Receivables Turnover 19.083
Total Asset Turnover 0.791

MTH Liquidity

Current Ratio 12.121
Quick Ratio 1.811
Cash Ratio 1.297

MTH Profitability

Gross Margin 19.695
Operating Margin 9.176
Pretax Margin 9.98
Net Margin 7.734
Return on Assets 6.117
Return on Equity 8.765
Return on Total Capital 6.449
Return on Invested Capital 6.71

MTH Capital Structure

Total Debt to Total Equity 35.204
Total Debt to Total Capital 26.037
Total Debt to Total Assets 23.996
Long-Term Debt to Equity 35.204
Long-Term Debt to Total Capital 26.037
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Meritage Homes Corp. - MTH

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
6.29B 6.14B 6.40B 5.86B
Sales Growth
+22.39% -2.45% +4.18% -8.40%
Cost of Goods Sold (COGS) incl D&A
4.47B 4.60B 4.77B 4.70B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
24.75M 23.50M 23.60M 25.29M
Depreciation
- - 23.50M 23.60M
-
Amortization of Intangibles
- - - -
-
COGS Growth
+21.09% +2.75% +3.85% -1.44%
Gross Income
1.82B 1.54B 1.62B 1.15B
Gross Income Growth
+25.70% -15.21% +5.17% -28.88%
Gross Profit Margin
+28.91% +25.13% +25.37% +19.69%
2022 2023 2024 2025 5-year trend
SG&A Expense
516.25M 616.63M 639.92M 616.17M
Research & Development
- - - -
-
Other SG&A
516.25M 616.63M 639.92M 616.17M
SGA Growth
+10.58% +19.44% +3.78% -3.71%
Other Operating Expense
- 22.20M 22.71M 21.82M
Unusual Expense
- - 907.00K 631.00K
-
EBIT after Unusual Expense
1.28B 902.14M 959.81M 537.48M
Non Operating Income/Expense
8.66M 47.29M 43.06M 47.12M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
5.95M (656.00K) (2.10M) 2.98M
Interest Expense
- - - 41.00K
-
Interest Expense Growth
- - - -87.11%
-
Gross Interest Expense
- - - 41.00K
-
Interest Capitalized
- - - -
-
Pretax Income
1.29B 949.43M 1.00B 584.60M
Pretax Income Growth
+35.03% -26.36% +5.63% -41.71%
Pretax Margin
+20.49% +15.47% +15.68% +9.98%
Income Tax
297.13M 210.68M 216.68M 131.59M
Income Tax - Current - Domestic
- 300.65M 212.14M 207.13M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- (3.53M) (1.46M) 9.55M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
5.95M (656.00K) (2.10M) 2.98M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
992.19M 738.75M 786.19M 453.01M
Minority Interest Expense
- - - -
-
Net Income
992.19M 738.75M 786.19M 453.01M
Net Income Growth
+34.54% -25.54% +6.42% -42.38%
Net Margin Growth
+15.77% +12.04% +12.29% +7.73%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
992.19M 738.75M 786.19M 453.01M
Preferred Dividends
- - - -
-
Net Income Available to Common
992.19M 738.75M 786.19M 453.01M
EPS (Basic)
13.5198 10.087 10.8475 6.3968
EPS (Basic) Growth
+37.90% -25.39% +7.54% -41.03%
Basic Shares Outstanding
73.39M 73.24M 72.48M 70.82M
EPS (Diluted)
13.3715 9.9645 10.7209 6.35
EPS (Diluted) Growth
+38.65% -25.48% +7.59% -40.77%
Diluted Shares Outstanding
74.20M 74.14M 73.33M 71.35M
EBITDA
1.31B 926.54M 984.04M 562.76M
EBITDA Growth
+32.03% -29.02% +6.21% -42.81%
EBITDA Margin
+20.75% +15.09% +15.39% +9.61%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 83.00
Number of Ratings 11 Current Quarters Estimate 1.005
FY Report Date 03 / 2026 Current Year's Estimate 5.794
Last Quarter’s Earnings 1.20 Median PE on CY Estimate N/A
Year Ago Earnings 6.35 Next Fiscal Year Estimate 7.273
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 8 8 8 8
Mean Estimate 1.00 1.58 5.79 7.27
High Estimates 1.08 1.96 6.25 7.91
Low Estimate 0.92 1.38 5.38 5.67
Coefficient of Variance 5.44 12.50 4.88 10.00

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 4 4 4
OVERWEIGHT 0 1 1
HOLD 7 7 8
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Meritage Homes Corp. - MTH

Date Name Shares Transaction Value
Aug 13, 2025 Malissia R. Clinton EVP - Gen. Counsel, Secretary 15,267 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Aug 13, 2025 Malissia R. Clinton EVP - Gen. Counsel, Secretary 9,906 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $71.49 per share 708,179.94
Aug 13, 2025 Malissia R. Clinton EVP - Gen. Counsel, Secretary 8,749 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $72.05 per share 630,365.45
Mar 17, 2025 Joseph J. Keough Director 37,700 Open market or private purchase of non-derivative security Non-derivative transaction at $69.28 per share 2,611,856.00
Mar 11, 2025 Phillippe Lord Chief Executive Officer; Director 224,320 Bona fide gift 0.00
Mar 11, 2025 Phillippe Lord Chief Executive Officer; Director 228,270 Bona fide gift 0.00
Feb 21, 2025 Alison L. Sasser SVP - Chief Accounting Officer 10,437 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 21, 2025 Alison L. Sasser SVP - Chief Accounting Officer 5,933 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $72.03 per share 427,353.99
Feb 13, 2025 Steven J. Hilton Executive Chairman; Director 800,192 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $74.51 per share 59,622,305.92
Feb 13, 2025 Steven J. Hilton Executive Chairman; Director 811,192 Open market or private purchase of non-derivative security Non-derivative transaction at $74.51 per share 60,441,915.92

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