MTH
Meritage Homes Corporation
$73.20
-$2.24(-2.97%)
90
Overall
100
Value
80
Tech
--
Quality
Market Cap
$5.42B
Volume
974.16K
52W Range
$59.27 - $103.77
Target Price
$88.50
Order:
Income Statement
| Metric | Trend | Chart | 2015 Dec | 2016 Dec | 2017 Dec | 2018 Dec | 2019 Dec | 2020 Dec | 2021 Dec | 2022 Dec | 2023 Dec | 2024 Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||
| Total Revenue | $2.6B | $3.0B | $6.5B | $7.0B | $7.3B | $9.0B | $10.3B | $6.3B | $6.1B | -- | ||
| Total Revenue | $2.6B | $25.8M | $40.0M | $38.7M | $3.7B | $4.5B | $5.1B | $6.3B | $6.1B | -- | ||
| COST OF GOODS SOLD | ||||||||||||
| Cost of Revenue | -- | $-23.4M | $-35.6M | $-41.5M | $6.8M | $3.5B | $3.7B | $4.5B | $4.6B | -- | ||
| GROSS PROFIT | ||||||||||||
| Gross Profit | $488.7M | $2.4M | $4.4M | $-2.8M | $3.6B | $976.0M | $1.4B | $1.8B | $1.5B | -- | ||
| OPERATING EXPENSES | ||||||||||||
| Operating Expenses | $2.4B | $362.3M | $345.7M | $380.4M | $399.6M | $446.9M | $476.0M | $516.3M | $616.6M | $639.9M | ||
| Selling, General & Administrative | $331.0M | $362.3M | $345.7M | $380.4M | $392.8M | $446.9M | $466.9M | $516.3M | $616.6M | $639.9M | ||
| Selling & Marketing Expenses | $218.2M | $215.1M | $221.6M | $241.9M | $246.7M | $287.9M | $285.4M | $323.3M | $384.9M | $409.1M | ||
| General & Administrative Expenses | $112.8M | $147.2M | $124.0M | $138.5M | $146.1M | $159.0M | $181.4M | $193.0M | $231.7M | $230.9M | ||
| Promotion & Advertising | $29.7M | $-15.0M | $-15.8M | $-15.4M | $14.6M | $10.5M | $8.2M | -- | -- | -- | ||
| Salaries & Wages | $-15.8M | $-13.7M | $-12.1M | $-17.2M | -- | -- | -- | -- | -- | -- | ||
| Depreciation & Amortization | $-12.7M | $-14.3M | $-15.9M | $-16.3M | $17.3M | $18.9M | $15.3M | $23.0M | $23.5M | $23.6M | ||
| Depreciation & Amortization | $2.0B | $-14.3M | $-15.9M | $-16.3M | $17.3M | $18.9M | $15.3M | -- | -- | -- | ||
| Amortization | -- | -- | -- | -- | $33.0M | $33.0M | $33.0M | $33.0M | $33.0M | $33.0M | ||
| Other Operating Expenses | -- | -- | -- | -- | $7.0M | $7.7M | $7.6M | -- | -- | -- | ||
| OPERATING INCOME | ||||||||||||
| Operating income | $187.4M | $192.3M | $795.5M | $886.6M | $976.1M | $1.5B | $2.4B | $-516.3M | $-616.6M | $-639.9M | ||
| EBITDA | $215.0M | $243.0M | $267.5M | $306.8M | $328.4M | $566.8M | $981.4M | $1.3B | $974.8M | $1.0B | ||
| NON-OPERATING ITEMS | ||||||||||||
| Interest Expense (Non-Operating) | $21.2M | $10.8M | $3.9M | $785.0K | $8.4M | $2.2M | $318.0K | $41.0K | -- | -- | ||
| Interest Income Operating | $13.1M | $1.6M | $941.0K | -- | -- | -- | -- | -- | -- | -- | ||
| Intinc | $11.4M | $12.5M | $14.2M | -- | -- | -- | -- | -- | -- | -- | ||
| Net Non-Operating Interest Income/Expense | $-10.1M | $1.7M | $-3.9M | $-785.0K | $-8.4M | $-2.2M | $-318.0K | $-41.0K | -- | -- | ||
| Other Income/Expense | $946.0K | $-19.9M | $-22.4M | $-27.6M | $-15.9M | $-6.7M | $13.3M | $2.7M | $-47.0M | $-44.5M | ||
| Other Special Charges | $-946.0K | $19.9M | $6.4M | $11.2M | $3.9M | $6.7M | $-13.3M | $2.7M | $47.0M | $44.5M | ||
| SPECIAL ITEMS | ||||||||||||
| Restructring And Mn A Income | -- | -- | -- | -- | -- | $7.8M | -- | -- | -- | -- | ||
| Special Income Charges | -- | $4.1M | $-2.6B | $4.8M | $-4.8M | $-7.8M | -- | -- | -- | -- | ||
| Other Impairment Of Capital Assets | -- | -- | $35.6M | -- | $7.3M | $24.9M | $2.1M | -- | -- | -- | ||
| PRE-TAX INCOME | ||||||||||||
| EBIT | $200.7M | $227.1M | $250.8M | $279.8M | $300.5M | $535.7M | $955.2M | $1.3B | $949.4M | $1.0B | ||
| Pre-Tax Income | $189.5M | $218.1M | $247.5M | $283.3M | $302.9M | $533.6M | $954.8M | $1.3B | $949.4M | $1.0B | ||
| INCOME TAX | ||||||||||||
| Tax Provision | $60.7M | $68.5M | $104.3M | $55.9M | $53.3M | $110.1M | $217.4M | $297.1M | $210.7M | $216.7M | ||
| NET INCOME | ||||||||||||
| Net Income | $128.7M | $149.5M | $709.8M | $857.5M | $249.7M | $423.5M | $737.4M | $992.2M | $738.7M | $786.2M | ||
| Net Income (Continuing Operations) | $128.7M | $149.5M | $709.8M | $857.5M | $249.7M | $423.5M | $737.4M | $992.2M | $738.7M | $786.2M | ||
| Net Income (Discontinued Operations) | $128.7M | $149.5M | $709.8M | $857.5M | $249.7M | $423.5M | $737.4M | $992.2M | $738.7M | $786.2M | ||
| Net Income (Common Stockholders) | $128.7M | $149.5M | $709.8M | $857.5M | $930.3M | $423.5M | $737.4M | $992.2M | $738.7M | $786.2M | ||
| Normalized Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | $992.8M | ||
| TOTALS | ||||||||||||
| Total Expenses | $2.4B | $338.9M | $310.1M | $338.9M | $406.4M | $454.7M | $485.2M | $5.0B | $616.6M | $639.9M | ||
| SHARE & EPS DATA | ||||||||||||
| Average Shares Outstanding | $79.2M | $80.0M | $80.6M | $80.2M | $76.2M | $75.4M | $75.2M | $73.4M | $73.2M | $72.5M | ||
| Average Shares Outstanding (Diluted) | $84.3M | $85.2M | $84.5M | $81.5M | $77.8M | $77.0M | $76.5M | $74.2M | $74.1M | $73.3M | ||
| Shares Outstanding | $159.1M | $160.5M | $161.3M | $152.5M | $152.5M | $75.0M | $73.9M | $73.1M | $72.3M | $71.8M | ||
| Basic EPS | $1.62 | $1.87 | $1.78 | $2.83 | $3.27 | $5.62 | $9.8 | $13.52 | $10.09 | $10.85 | ||
| Basic EPS (Continuing Operations) | -- | -- | -- | -- | $3.27 | $5.62 | $9.8 | $13.52 | $10.09 | $10.85 | ||
| Diluted EPS | $1.54 | $1.77 | $1.71 | $2.79 | $3.21 | $5.5 | $9.64 | $13.37 | $9.96 | $10.72 | ||
| Diluted EPS (Continuing Operations) | -- | -- | -- | -- | $3.21 | $5.5 | $9.64 | $13.37 | $9.96 | $10.72 | ||
| Dividend Per Share | -- | -- | -- | -- | -- | -- | -- | -- | $0.54 | $1.5 | ||
| OTHER METRICS | ||||||||||||
| Acquired In Process Rn D | -- | $4.1M | -- | -- | -- | -- | -- | -- | -- | -- | ||
| Acquired In Process Rn D Income | -- | $4.1M | -- | -- | -- | -- | -- | -- | -- | -- | ||
| Depletion | $2.0B | -- | -- | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings from equity interest | $19.3M | $38.4M | $16.0M | $16.3M | $11.9M | $4.5M | $4.7M | -- | -- | -- | ||
| Earnings From Equity Interest Net Of Tax | $19.3M | $38.4M | $16.0M | $16.3M | $11.9M | $4.5M | $4.7M | -- | -- | -- | ||
| Excise Taxes | -- | $2.5B | -- | -- | -- | -- | -- | -- | -- | -- | ||
| Gain On Sale Of Business | $13.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | ||
| Interest Expense Operating | $-9.9M | $-1.8M | $-570.0K | $-4.2M | $-10.8M | $-355.0K | $249.0K | -- | -- | -- | ||
| Non Recurring Operation Expense | -- | -- | -- | $-4.8M | $4.8M | $4.8M | -- | -- | -- | -- | ||
| Other Gand A | $112.8M | $147.2M | $124.0M | $138.5M | $146.1M | $159.0M | $181.4M | $193.0M | $231.7M | $230.9M | ||
| Other Taxes | $29.7M | -- | -- | -- | $6.8M | -- | $9.2M | -- | -- | -- | ||
| Other Write Off | -- | -- | -- | -- | -- | $7.8M | $9.2M | -- | -- | -- | ||
| Rent And Landing Fees | $112.8M | $123.8M | $124.0M | $138.5M | -- | -- | -- | -- | -- | -- | ||
| Selling Expense | $188.4M | $215.1M | $221.6M | $241.9M | -- | -- | -- | -- | -- | -- | ||
| Write Off | -- | $2.5B | -- | -- | -- | -- | -- | -- | -- | -- | ||
| Othspecchg | -- | -- | $2.6B | -- | -- | -- | -- | -- | -- | -- | ||
| Restruct | -- | -- | -- | -- | -- | $7.8M | -- | -- | -- | -- | ||
Financial data is updated quarterly and may not reflect the most recent earnings.
| A | B | C | D | |
|---|---|---|---|---|
| 1 | Symbol | Price | Change | Vol |
| 2 | MTH | $73.20 | -3.0% | 974.16K |
| 3 | ||||
| 4 | ||||
| 5 | ||||
| 6 |
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