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AI brief of an SEC Form 8-K · Meritage Homes (MTH)

Meritage Homes Q4 net earnings fall 13% to $172.6 million; full-year profit rises 6%

Mixed Impact 3 of 5 earnings Written later

Meritage Homes reported fourth quarter and full-year 2024 results on January 29, 2025. Fourth quarter net earnings fell 13% and diluted EPS fell 12% on lower home closing revenue and margins, while full-year net earnings rose 6% to $786.2 million. The company also gave full-year 2025 guidance of 16,250 to 16,750 home closings and $6.6 billion to $6.9 billion in home closing revenue.

Key points

  • Q4 2024 net earnings were $172.6 million ($4.72 per diluted share), down from $198.9 million ($5.38) in Q4 2023.
  • Q4 2024 home closing gross margin was 23.2%, down 200 basis points from 25.2% a year earlier.
  • Full-year 2024 net earnings were $786.2 million ($21.44 per diluted share), up from $738.7 million ($19.93).
  • 2025 guidance calls for 16,250 to 16,750 home closings and $6.6 billion to $6.9 billion in home closing revenue.

The filing

CompanyMeritage Homes (MTH)
Form8-K, current report
Filed with the SECJan 29, 2025, 4:31 PM ET
Accession number0000833079-25-000009

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 29, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.