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Meritage Homes Corporation (MTH)

NYSE Consumer Discretionary Homebuilding S&P SmallCap 600
$68.05
-2.98 (-4.20%)
Close of Nov 06, 2026 · end-of-day data
Source: Meritage Homes Corporation's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross profit$531.21M$566.50M————————
Interest expense$5.17M$3.85M$785.00K$8.37M$2.18M$318.00K$41.00K$0$0$0
Pre-tax income$218.06M$247.52M$283.25M$302.94M$533.57M$954.83M$1.29B$949.43M$1.00B$584.60M
Income tax$68.52M$104.26M$55.92M$53.28M$110.09M$217.39M$297.13M$210.68M$216.68M$131.59M
Net income$149.54M$143.25M$227.33M$249.66M$423.48M$737.44M$992.19M$738.75M$786.19M$453.01M
EPS (basic)$3.74$3.56$5.67$6.55$11.23$19.61$13.52$10.09$10.85$6.40
EPS (diluted)$3.55$3.41$5.58$6.42$11.00$19.29$13.37$9.96$10.72$6.35
Diluted shares42.59M42.23M40.73M38.89M38.48M38.23M74.20M74.14M73.33M71.35M

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$131.70M$170.75M$311.47M$319.47M$745.62M$618.34M$861.56M$921.23M$651.55M$775.16M
Goodwill$32.96M$32.96M$32.96M$32.96M$32.96M$32.96M$32.96M$32.96M$32.96M$32.96M
Total assets$2.89B$3.25B$3.37B$3.40B$3.86B$4.81B$5.77B$6.35B$7.16B$7.62B
Total liabilities$1.47B$1.67B$1.64B$1.42B$1.52B$1.76B$1.82B$1.74B$2.02B$2.43B
Shareholders' equity$1.42B$1.58B$1.72B$1.97B$2.35B$3.04B$3.95B$4.61B$5.14B$5.20B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$103.40M-$87.13M$262.20M$346.82M$530.36M-$152.09M$405.27M$355.57M-$227.58M$118.29M
Capital expenditures$16.66M$18.10M$33.41M$24.39M$19.93M$25.66M$26.97M$38.19M$28.66M$25.72M
Free cash flow-$120.06M-$105.23M$228.78M$322.44M$510.43M-$177.76M$378.30M$317.38M-$256.23M$92.57M
Investing cash flow-$20.11M-$17.07M-$33.53M-$13.49M-$18.23M-$26.82M-$32.29M-$43.62M-$44.07M-$57.70M
Financing cash flow-$7.00M$143.25M-$87.95M-$325.33M-$85.97M$51.63M-$129.76M-$252.28M$1.98M$63.01M
Dividends paid—————$0$0$39.53M$108.59M$121.07M
Share buybacks$0$0$100.00M$16.04M$69.59M$60.99M$109.30M$59.07M$125.93M$295.00M
Stock-based compensation$13.74M$12.06M$17.17M$19.61M$20.00M$20.07M$22.33M$22.51M$25.81M$19.68M
Depreciation & amortization$15.98M$16.70M$26.97M$27.92M$31.05M$26.25M$24.75M$25.33M$25.96M$25.29M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.